Presco Bags Company Of The Year Award

Presco Plc has emerged winner of the year 2022 company of the year award in recognition of its contributions to the agricultural sector in Nigeria. 

Speaking at the 2023 Investors’ summit held on Thursday in Ibadan, Oyo State, the organisers also commended Presco Plc for its consistent dividend policy despite various challenges. 

 The event tagged “The Valuable Shareholder” was attended by director general, Securities and Exchange Commission (SEC), Lamido Yuguda, registrars, shareholders activists, among others. 

 Addressing participants, Lamido, who was represented by senior manager, Egbuniwe Obinna and manager, Obaji Uroro, advised shareholders to maintain transparency in their investment activities and should not manipulate the market. 

Explaining further, Yuguda said: An ideal shareholder should also maintain a positive and constructive relationship with other capital market stakeholders. “ 

RELATED

Banking Stocks Plummet On CBN’s Directive To Suspend Dividends, Bonuses

9 hours ago

Retailers Warn Against Dangote Refinery’s Downstream Monopoly, Say Job Losses Loom

9 hours ago

The guest speaker, Prof Benjamin Ehigie, Department of Psychology, University of Ibadan implored participants to abide by the rules always and put others into consideration in their day-to-day activities. 

 He urged participants, especially shareholders, to see themselves as part of the company, adding that ’you must comply with the rules.” 

Earlier in his welcome address, national coordinator, Proactive Shareholders Association of Nigeria (PROSAN), Taiwo Oderinde explained that the event is designed to among others, serve as an opportunity for shareholders to evaluate their contributions to the development of the Nigerian capital market. 

Other awardees were Alhaji Aliko Dangote, Investor of the year, Tony Elumelu, Alhaji Kabiru Ishiaku Rabiu, NEM Insurance PLC, Nigeria Union of Teaches (NUT) and Rose-Hill Group Ltd, among others. 

Honoured in the shareholders activist category were Mr. Gbenga Idowu; Barr. (Mrs) Oludewa Thorpe; Mr Dipo Olasope, SAN; Sir Sunny Nwosu, KSS; Mrs Visit Bakare; Mr Ariyo Olugbosun; Dr Umar Farouk; Mr Nonah Awoh; Chief Matthew Akinlade; Alhaji Ahmad Rabiu; Late Asiwaju Akintunde Asalu, and Late Chief Aderemi Oyepeju.