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Shareholders kick against establishment of unclaimed dividend trust fund

Lagos, Dec. 20, 2020 Shareholders under the aegis of Independent Shareholders Association of Nigeria (ISAN) on Sunday kicked against establishment of unclaimed dividend trust fund being proposed in the Finance Bill 2021. ISAN made this known in a statement issued by its National Coordinator, Dr Anthony Omojola, and Coordinator Emeritus, Mr Sunny Nwosu. It said that creation of the trust fund and transfer of unclaimed dividends into the federation account were uncalled for. According to the association, the process may encourage corruption and nepotism to the detriment of the shareholders/beneficiaries of returns on investments. ISAN said that the proposed bill would not serve the interest of shareholders.

Anthony omojolaShareholders association of nigeriaCompany memartNational coordinatorIndependent shareholders associationFinance billCoordinator emeritusFederal governmentபங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியாதேசிய ஒருங்கிணைப்பாளர்சுயாதீனமான பங்குதாரர்கள் சங்கம்நிதி ர சி துஒருங்கிணைப்பாளர் எமரிட்டஸ்கூட்டாட்சியின் அரசு

Shareholders move against FG s establishment of unclaimed dividend trust fund

The Joint Admissions and Matriculation Board (JAMB) has said that a waiver might be granted to candidates who were yet to acquire a SIM card and want to register for the examinations. This is coming after it reiterated that the use of a National Identification Number (NIN) is mandatory for the 2021 Unified Tertiary Matriculation Examinations (UTME) and Direct Entry registration. According to a report from the News Agency of Nigeria (NAN), this disclosure on the requirements was made by the Registrar of JAMB, Prof. Is-haq Oloyede, on the sidelines of a meeting with Computer Based Test (CBT) centre owners and other stakeholders on Friday in Abuja.

Abuja federal capital territoryZainab ahmedAnthony omojolaSuleiman kwariBabangida ibrahimOnyenwechukwu ezeaguNational assemblyNational planningCompany memartPension fund administrativeHouse committee on capitalExchange commissionShareholders association of nigeriaAssociation of securities dealing houses nigeriaNational coordinatorIndependent shareholders association

Shareholders kick against unclaimed dividend trust fund

Shareholders kick against unclaimed dividend trust fund
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

United kingdomAnthony omojolaTaofik salakoArticles of associationNational assemblyEducational trust fundCompany memartSenate committee onCompanies income tax actShareholders association of nigeriaNational coordinatorDeputy group business editorDeputy group businessIndependent shareholders associationSenate committeePublic procurement

Minister, shareholders disagree over N150b unclaimed dividends

Minister, shareholders disagree over N150b unclaimed dividends
thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.

United kingdomAbuja federal capital territoryAbdulkadir abbasOvie omo agegeZainab ahmedSanni onoguNational assemblyNational planningSenate committee onDebt management officeExchange commissionShareholders association of nigeriaDeputy senateNational coordinatorMrs zainab ahmedIndependent shareholders association

SEC, shareholders fault takeover of unclaimed dividends, dormant accounts

Punch Newspapers Sections Sunday Aborisade, Abuja Shareholders and the Security and Exchange Commission kicked against the plan by the Federal Government to take over the management of unclaimed dividends and deposits in dormant bank accounts in the country. They expressed their objection at a one-day public hearing organised by the Senate committees on Finance, National Planning, Banking, Customs, Trade and Investment on the proposed amendments to the Finance Bill 2020. The bill is seeking amendments into 12 Acts of Parliament relating to capital gains tax, personal income tax, Customs and Excise Tariff, Companies Income tax, Value Added Tax and Stamp duties among others.

Abuja federal capital territoryNigeria generalAbdulkadir abbasOvie omo agegeZainab ahmedNational planningSenate committee onCompanies incomeDebt management officeExchange commissionShareholders association of nigeriaDeputy senateNational coordinatorSunday aborisadeFederal governmentFinance bill