Contents
2 Notice of Annual General Meeting
4 Corporate Information
5 Financial Highlights
6 Chairman’s Statement
8 Managing Director’s Review
10 Directors’ Report
14 Corporate Governance Statement
16 Statement of Directors’ Responsibilities
17 Audit Committee’s Report
18 Report of the Auditors
19 Significant Accounting Policies
30 Consolidated Income Statement
32 Statement of Financial Position
34 Statement of Cash Flows
35 Statement of changes in equity
36 Notes to the Financial Statements
54 Statement of Value Added
55 Five Year Financial Summary
57 Share Capital History
59 Proxy Form
61 Unclaimed Dividends
2012 Annual Report & Financial Statements 1 Notice of Annual General Meeting for the year ended 31 December 2012
Notice is hereby given that the Fifty Third Annual General meeting of members of First Aluminium Nigeria Plc will be held on Wednesday May 15th at Lagos Airport Hotel, 111 Obafemi Awolowo Way, Ikeja, Lagos at 11:00 am prompt to transact the following business: Ordinary Business 1. To approve the Report of the Directors, the audited Financial Statements for the year ended 31 December 2012 and the Reports of the Auditors and Audit Committee thereon.
2. To re-elect Directors Joseph Makoju, Engr Mike Okolo and Ben Elfrink Special notice is hereby given for the re-election of Alhaji S. S. Baffa as a director of the Company notwithstanding that he is over 70 years old.
3. To authorize the Directors to fix the remuneration of the Auditors.
4. To elect members of the Audit Committee.
Special Business 5. To approve the remuneration of the Directors
Notes: 1. Proxy A member of the Company entitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote instead of him. A proxy need not be a member of the Company. A form of proxy is enclosed with this notice.
Proxy forms must be completed and deposited at the office of the Company’s Registrars, Union Registrars Ltd., 2 Burma Road, Apapa, Lagos not later than 48 hours before the time of the meeting.
2. Closure of Register of Members The Register of members and Transfer Books of the Company will be closed from Monday May 6th 2013 to Friday May 10th 2013 (both days inclusive) for the purpose of updating the register.
3. Audit Committee Any member may nominate a shareholder as a member of the Audit Committee by giving notice in writing of such nomination to the Company Secretary at least 21 days before the Annual General Meeting.
4. Unclaimed Dividend Warrants Dividend warrants remain unclaimed or are yet to be presented for payment. Members affected are advised to either write to the Company Registrar or call at their office during normal working hours. A list of unclaimed dividends is attached at the end of the financial statements.
BY ORDER OF THE BOARD
POPOOLA NOMINEES LIMITED Secretaries to the Company 13 March 2013
2 2012 Annual Report & Financial Statements Corporate Information for the year ended 31 December 2012
EXECUTIVE OFFICERS: B. Elfrink - Managing Director W.J.Dixon - Commercial Director M.Okolo - Executive Director A. Vitankar - Divisional Manager - Rolling Mill Division B.Wobo - Group Human Resource Manager C. O Iwunwa - Group Treasury Manager
SECRETARIES: Popoola Nominees Limited 2A Raufu Taylor Close Off Idejo Street Victoris Island, Lagos
REGISTRARS AND TRANSFER OFFICE: Union Registrars Limited 2, Burma Road, Apapa, Lagos.
AUDITORS: BDO Professional Services Chartered Accountants ADOL House 15 CIPM Avenue CBD, Alausa, Ikeja P.O.Box 4929 GBO Marina
REGISTERED OFFICE: 2, Akilo Street, Ogba, Ikeja P.O. Box 1071, Lagos. Telephone: (01) 7349779 E-Mail: [email protected], [email protected] www.fanplc.com RC NO: 2288
FACTORIES: Rolling Mill 19/21 Onitsha Street Trans Amadi Industrial Layout, E-Mail: [email protected] Port Harcourt.
Packaging Division 2, Akilo Street, E-Mail: [email protected] Ogba, Ikeja Lagos.
Aluminium city 1, Alhaji Adejumo Avenue E-Mail: [email protected] Oshodi Express way Ilupeju, Lagos.
2012 Annual Report & Financial Statements 3 Corporate Information for the year ended 31 December 2012
BANKERS: Access Bank Plc Diamond Bank Plc Fidelity Bank Plc Keystone Bank Limited Mainstreet Bank Limited Stanbic IBTC Bank Plc Union Bank Plc Wema Bank Plc Zenith Bank Plc
ANALYSIS OF SHAREHOLDERS LISTING AS AT 31 DECEMBER 2012
Range of Shares Number of % OF TOTAL SHARE UNITS % OF TOTAL Shareholders
1 - 1,000 1,704 13.34 958,443 0.05 1,001 - 10,000 6,599 51.67 33,011,634 1.56 10,001 - 100,000 3,903 30.56 132,947,779 6.30 100,001 - 500,000 458 3.59 192,552,534 4.39 500,001 - 1,000,000 58 0.45 40,866,217 1.94 1,000,001 - 5,000,000 38 0.30 79,203,633 3.75 5,000,001 - and above 12 0.09 1,730,819,002 82.01
12,772 100 2,110,359,242 100
4 2012 Annual Report & Financial Statements Financial Highlights for the year ended 31 December 2012
2012 2011 2012 2011 GROUP GROUP COMPANY COMPANY N’000 N’000 N’000 N’000
Turnover 8,639,181 8,867,453 8,639,181 8,627,276
Trading (Loss)/ Profit (640,050) 183,572 (651,801) 75,944
Other income 63,388 60,854 47,483 58,526
Loss on discontinued operation (525,371) (20,928) (525,371) (20,928)
Loss before taxation (1,053,239) (204,318) (1,064,990) (311,946)
Taxation 48,847 (70,471) 48,847 (80,243)
Loss after taxation (1,004,393) (278,789) (1,016,143) (392,189)
Other comprehensive loss (526) (3,528) (526) (3,528)
Total comprehensive loss for the year (1,004,919) (278,317) (1,016,669) (395,717)
Total assets 8,866,267 9,952,145 8,770,956 9,838,766
Equity attributable to owners of the parent Company 4,513,400 5,936,110 4,522,211 5,929,395
Loss per 50k share (Kobo) (48) (13) (48) (13)
Earnings per share is based on the number of shares in issue as at 31 December 2012.
2012 Annual Report & Financial Statements 5 Chairman’s Statement for the year ended 31 December 2012
Restructuring During the fourth quarter our business saw a sudden decrease in order activity firstly in the Aluminium division but then in Packaging as the whole Nigerian economy slowed. This occurred at a time when we were considering plans for 2013 and the Board concluded that future markets were uncertain.
During November we considered a number of strategic options for the group’s future but given the ongoing uncertainty surrounding the economy the Board decided that the operations of the business should concentrate resources on those activities that would be cash generative and profitable.
Notwithstanding the progress that had been made at improving asset utilization and quality of own manufactured aluminium coils in the last 2 years it became clear that the Mill could not compete with imported products and the decision was made to stop manufacture which lead to the direct loss of 215 skilled jobs.
For our supply chain the position is worse as each manufacturing job is generally considered to support 3 others because we are major consumers of materials, spares, consumables and service and wherever possible we have endeavored to source locally.
We have not given up hope that manufacturing is completely finished in Port Harcourt however. The Mill has effectively been mothballed meaning that if in the future a Government creates an environment where local manufacturing is no longer disadvantaged we can restart operations. We cannot foresee that happening in the near future which is why we have impaired the fixed assets, and written down inventory to estimated realisable value .
New financial reporting standards mean that the costs of closure are no longer considered to be exceptional but are shown as discontinued operations in our annual accounts to provide for a fuller explanation and better understanding of the underlying business that goes forward into 2013. The total cost of closing, the manufacturing is calculated to be N525million comprising impairment of property, plant and equipment N305m impairment of the inventories N163m and employment termination costs of N58m
International Financial Reporting Standards (‘IFRS’) Following a meeting of the Nigerian Federal Executive Council in July 2010 January 1, 2012 was chosen as the effective date for convergence of accounting standards in Nigeria with IFRS. IFRS has been accepted or adopted for public accounting purposes in over 100 countries and adoption is seen as improving comparability and transparency.
FAN has had to prepare 2012 and 2011 financial statements and the opening balance sheet (as of 1 January 2011) by applying the IFRSs effective at 31 December 2012. Certain figures for 2010 and 2011 have been restated to comply with IFRS .
Since IAS 1 requires that at least one year of comparative prior period financial information be presented, the opening balance sheet is 1 January 2011. This means that our first financial statements should include at least: • three balance sheets (statements of financial position) • two statements of comprehensive income • two separate income statements (if presented) • two statements of cash flows • two statements of changes in equity • and related notes, including comparative information
Corporate Governance The Board sets the tone for the way in which Fan operates and we remain committed to running the business in a responsible way. The Board considers current performance, strategy, risk management, the internal control framework and other aspects of corporate governance throughout the year. Some of the discussions involve the wider team of
6 2012 Annual Report & Financial Statements Chairman’s Statement for the year ended 31 December 2012
executive officers so that executive management is able to disseminate the values and standards of the Board throughout the company and ensure these are embedded at all levels.
Suppliers Fair treatment of suppliers remains a key priority for FAN particularly in challenging market conditions where smaller companies in particular rely on our payments for balanced cash flow. The company’s policy is to settle agreed liabilities within the terms established with suppliers.
Corporate social responsibility FAN is committed to embedding sound corporate social responsibility policies and practices as an integral part of our business and is continuing to make progress in it’s environmental performance, employee engagement and health and safety. Health and Safety policy aims to develop a culture that is committed to the prevention of injuries and ill health to its employees and others that may be affected by its activities. The Board of Directors and senior staff are responsible for implementing this policy and ensure that health and safety considerations are always given priority in planning and in day-to-day activities. Our Health and Safety Policy has been updated to reflect the latest legislative and regulatory requirements.
Staff and Customers I wish to sincerely thank our customers and staff for their ongoing support and committment to our bussiness. I am confident that group management is moving the business forward in the best interest of all stakeholders
Dividend In light of the financial performance in 2012 your Board does not recommend a declaration of dividend.
Outlook The trading environment for 2012 was every bit as difficult as anticipated with spending down and input costs up. We enter 2013 encouraged that we have grown market share in challenging conditions. The business is well positioned for growth in a still uncertain economic environment.
ALHAJI S. S. BAFFA March 13 2013
2012 Annual Report & Financial Statements 7 Managing Director’s Review for the year ended 31 December 2012
Introduction In general volumes have been comparable with 2011 although the markets have stabilised for Packaging and declined for Sheets. Aluminium sheets In order to bring the company to consistent profit levels, at the end of 2010 a strategy had been implemented, with as main focus points: • Puts the customer in the chair of honour again • Focus on core activities • Adapt the cost base to the turnover.
At the end of 2011 Executive management realised that in some areas the level of local management needed to be strengthened. In 2012 we continued to execute the strategy and in several key positions new local managers have been employed. The improved operational activities and the cost awareness program resulted in substantial savings. In a roofing market that is considered to have declined sharply. First Aluminium has sold slightly more than in 2011. Our market share thereby has improved sharply and the cost structure has improved considerably.
Sadly the circumstances for manufacturing in Nigeria deteriorated quicker than we could improve the organisation. - The roofing market was under volume severe pressure, mainly due to lack of Government spending. - Importation of substandard materials continued - ruining the market in South-South. - High inflation levels caused an increase in operational cost - Interest rates increased over prior year - Although those wage elements that are in our control have been largely frozen, the elements that are negotiated on federal level have risen by disproportionately large proportions - Lack of reliable gas supply from Oando meant that production was not possible for 35 days - As part of the privatization of the electricity industry our tariff was increased by 83%.
The Company has, for a long time, been under intense pressure from both its customers and shareholders to compete more effectively with the flood of cheap, often substandard, imported coils. The challenge for FAN has been to achieve this without lowering its on-going commitment to quality. Initially we have tried to lower the cost per unit by increasing our own sheet manufacturing. Although the increase has been substantial, we have seen insufficient cost benefits, mainly due to external reasons.
In order to try to protect the aluminium manufacturing industry from collapsing completely we, as FAN, and in cooperation with the Association of Primary Aluminium Producers (APAP) (which is a subgroup of the Manufacturers Association of Nigeria (MAN)), have tried to convince government on the situation at hand. Sadly no changes needed to protect the industry has been announced so far which is why we made the desicion to cease own manufacturing of aluminum coils and sheets
Risks and uncertainties The effective identification and management of risks and opportunities across the group is necessary to ensure the delivery of the groups objectives. The board has overall responsibility for ensuring risk is effectively managed across the group. The Board has delegated to the Audit Committee the responsibility for reviewing the effectiveness of the group’s system of internal control and the procedures for identification, assessment, management and reporting of risk. Set out below is what the Board considers to be the principal risks and uncertainties facing the group. These are largely unchanged since 2011.
Strategic risk Failure to grow. The group’s markets are competitive and we expect that to continue. Our competitive position results from a range of factors including quality and performance of our products
8 2012 Annual Report & Financial Statements Managing Director’s Review for the year ended 31 December 2012
Market risk Political and economic conditions –a sustained period of economic weakness in our markets could have a material adverse effect on the group’s results. The group has no influence over inflation, interest rate, exchange rate or other economic factors affecting its business.
Commercial relationships. The group has well established long term relationships with a number of customers and suppliers.
Financial risk Movement in metal prices. Aluminium price volatility is the single largest price exposure facing the group. Prices are set with major suppliers based upon the average LME rates over previous periods. Our competitors also source their material from overseas and are exposed to the same risk so that in the event of major cost increases the whole market would be forced to pass an increase on to its customers.
Exchange rate volatility brings uncertainty in business planning, procurement costs and income statement exposures. Our risk management committee sets agreed risk tolerance levels of exposure to $US.
Operational risk Availability of material – failure of key supplier. The group sources its product from a leading metal supplier that claims to be the third largest in the world in this market. As an international commodity Aluminium is quoted on and available from a number of international markets.
Recruitment and retention of key staff. The departure of senior management or the lack of an appropriately skilled workforce could impact the group’s ability to perform in line with expectations.
Liquidity and going concern The directors have assessed the future funding requirements of the group and compared it to committed bank facilities for the 15 months from the balance sheet date. The assessment included a sensitivity analysis of the key factors which could affect future cash flow and funding requirements. Having undertaken this work the directors are of the opinion that the group has adequate resources to fund its operations for the foreseeable future and so determine that it is appropriate to prepare the accounts on a going concern basis.
BERNARDUS ELFRINK Managing Director March13 2013
2012 Annual Report & Financial Statements 9 Directors’ Report for the year ended 31 December 2012
The Directors submit to the members of the Company, the audited Financial Statements of the group for the year ended 31 December 2012.
1. PRINCIPAL ACTIVITIES The Company is engaged in the manufacture of aluminium coils, sheets, and laminate, aluminium and seamless tubes. The Company’s finished products are used as raw materials by the secondary aluminium and packaging industries. 2. REVIEW OF THE BUSINESS Foreign exchange was available throughout the year, but expensive on the average when compared to previous year. The exchange rate began the year at N160/$1, it appreciated within quarter 2 and eventually closed the year at N158/$1
Bank lending rates rose from around 15% to 18% PA in the course of the year. The minimum rediscount rate (MRR), CBN’s bench mark for Bank lending was increased by 4 percentile points in the year, as the CBN tried to use the MPR window to curtail inflation and exchange rate devaluation. MPR was 12% at year end.
We imported aluminium ingot raw material from Europe because we could not purchase sufficient supplies locally. The import duty rate on aluminium ingot was maintained at 5% throughout the year.
LME, which represents approximately 70% of the material cost of our business, rose from $1,970 to $2,308 per tonne during the year and closed at $2,072 3. FUTURE DEVELOPMENTS IN THE BUSINESS The Company continues to encourage the usage of aluminium rolled products in the country. The Company plans to diversify its product base. 4. BOARD OF DIRECTORS The Directors of the Company during the year ended 31 December, 2012 were: Alhaji Sulaiman Sulaiman Baffa - Chairman - Non Executive Mr. Ben Elfrink - Managing Director Chief John Nwabueze Ajene - Non-Executive Director Engr. Joseph Oyeyani Makoju, mni - Non-Executive Director Chief Henry Chukwuma Okolo - Non-Executive Director Mr. John Dixon - Commecial Director Engr. Mike O.Okolo - Executive Director Miss Eniye Ambakederemo - Non Executive Director
In accordance with the Company’s Articles of Association, Alhaji Baffa, Engr Joseph Makoju, Engr Mike Okolo and Ben Elfrink retire by rotation. All the retiring directors, being eligible, offer themselves for re-election.
5. SUBSTANTIAL SHAREHOLDING Alucon Holdings S.A held 1,591,305,483 (representing 75%), ordinary shares of the company. No other shareholder held more than 5% of the issued shares of the company.
6. FREE FLOAT The free float of a company is the proportion of shares that are held by investors who are likely to be willing to trade. It is a measure of how many shares are reasonably liquid. It therefore excludes those shares held by strategic shareholders. Strategic shareholdings typically include those of directors and those connected to them. Free float as at December 31, 2012 is 22 % (2011 – 23 %)
10 2012 Annual Report & Financial Statements Directors’ Report for the year ended 31 December 2012
7. DIRECTORS’ INTEREST IN THE SHARES OF THE COMPANY The interests of the Directors in the shares of the Company as at 31 December 2012 according to the Register required to be kept under Section 275 of the Companies And Allied Matters Act, CAP C20 LFN 2004 and the listing requirements of the Nigerian Stock Exchange were as follows:
Ordinary shares of 50 kobo each 31/12/12 31/12/11 Alhaji Sulaiman Sulaiman Baffa 19,000,100 19,000,100 Chief John Nwabueze Ajene 524,800 524,800 Chief Henry Chukwuma Okolo 1,013,333 1,013,333 Engr. Joseph Oyeyani Makoju, mni - - Mr Ben Elfrink 1,891,800 - Mr. John Dixon 1,261,200 - Engr. Mike O. Okolo 77,000 77,000 Miss Eniye Ambakederemo - -
There were no changes between the balance sheet date and the date of approval of these financial statements.
Chief J. N. Ajene is interested in Chartered Aluminium Systems Plc which engages in trading transactions with the Company. There were no transactions with his company during the year
No other director has notified the company for the purpose of Section 277 of the Companies And Allied Matters Act, CAP C20 LFN 2004 of any declarable interest in contracts with which the company is involved.
8. RESULTS FOR THE YEAR The results for the year are summarized as follows: Group Company N’m N’m Trading loss 640 652 Cost of discontinued operation 525 525 Loss before taxation 1,053 1,065 Taxation (Credit) (49) (49) Other comprehensive loss on financial assests 1 1 Total comprehensive loss 1,005 1,016
9. ACQUISITION OF THE COMPANY’S SHARES BY THE COMPANY As at 31 December 2012 the Company did not acquire any of its shares and the disclosure under Schedule 5 of the Companies and Allied Matters Act, CAP C20 LFN 2004 is not applicable.
10. SIGNIFICANT CHANGES IN PROPERTY, PLANT and EQUIPMENT Details of movements during the year are as set out in Note 7 to the Financial Statements
11. SIGNIFICANT POST BALANCE SHEET EVENTS There have been no significant events occurring after 31 December, 2012, which should have been included in these Financial Statements.
2012 Annual Report & Financial Statements 11 Directors’ Report for the year ended 31 December 2012
12. DISTRIBUTORS OF THE COMPANY’S PRODUCTS The Company’s finished products are sold as raw materials to a number of secondary aluminium and packaging companies directly. No distributors were used.
13. RESEARCH AND DEVELOPMENT The Company is committed to research and development activities to secure its position as a market leader in its industries.
The Company recognizes that per capita income consumption of aluminium in Nigeria is now improving, although it is still low compared with other countries, including BRICS. Consequently, the Company on a continual basis, allocates funds to develop efforts to broaden the usage of aluminium in the country.
14. DONATIONS AND GIFTS There were neither donations nor gifts that need to be disclosed in this financial statement as required by the Companies and Allied Matters Acts.
15. EMPLOYEE’S HEALTH, SAFETY AND WELFARE The Company’s policy is to ensure that a high quality of hygiene and good housekeeping is maintained. The work environment is kept conducive and safe. There is a designated Health & Safety Officer for each location, and an external safety consultant visits the Company regularly to inspect the facilities, carry out safety audit and advise on safety issues.
The Company also carries out safety and fire drills regularly. Employee’s health is of prime importance and the Company operates its own clinics at its factories and reimburses the cost of outside medical treatment.
Canteen facilities are available in the company’s factories.
16. EMPLOYEE’S INVOLVEMENT AND TRAINING In line with the Company’s policy of continual development of its human resources, a series of courses and training programmes were organised for employees in various departments.
The courses were well designed to broaden their technical/professional knowledge and managerial skills.
Through the meetings of the joint consultative councils and quarterly meetings with the Group Managing Director the Company ensures that all employees are informed of the state of the Company’s operations and corporate activities.
17. REPORTING TO SHAREHOLDERS The Group sends to each shareholder a copy of the Annual Report and Financial Statements.
The Report can be downloaded and printed from the company’s website
12 2012 Annual Report & Financial Statements Directors’ Report for the year ended 31 December 2012
18. AUDITORS In accordance with Section 357(2) of the Companies and Allied Matters Act, CAP C20 Laws of the Federation of Nigeria 2004, Messrs BDO Professional Services have indicated their willingness to continue in office as auditors of the Company.
BY ORDER OF THE BOARD
POPOOLA NOMINEES LIMITED Secretaries to the Company March 13 2013
2012 Annual Report & Financial Statements 13 Corporate Governance Statement for the year ended 31 December 2012
A. THE BOARD First Aluminium Nigeria Plc is run by a Board of eight Directors. Three of the Directors are executive Directors while others, including the Chairman, are non-executive Directors. The non-executive Directors are accomplished individuals from varying backgrounds, each with a track record of personal devotion to standards of excellence and ethical conduct. None of them has any personal business dealings or other relationship with the Company which could impair the exercise of independent judgement. The Board is responsible for overall direction, strategy, performance and management of the Group. Day- to-day management is vested in the Executive Directors headed by the Managing Director who has overall responsibility for implementing the policies of the Board. The Board meets at least four times a year. Meetings of the Directors are scheduled a quarter in advance and the Agenda and reports of operations to be deliberated upon at each meeting are circulated 7 days before the scheduled date of the meeting. The Company Secretary reports to the Board at its meetings on, amongst other things, the state and quality of corporate governance in the Company. The total number of board meetings held in the year was 6 and attendance is as indicated below
Director Attendance S. S. Baffa 4 B.Elfrink 5 W. J. Dixon 6 M. O. Okolo 6 J. N. Ajene 4 H. C. Okolo 3 J. O. Makoju 1 E. Ambakederemo 5
B. FINANCE REPORTING & AUDIT The Board has the ultimate responsibility for ensuring the integrity of the Company’s financial reporting. The Board is assisted by an Audit Committee and a firm of auditors which has no other business or other relationship with the Company and is therefore able to exercise the fullest independent judgement. The Audit Committee (governed by a code issued by the Securities & Exchanges Commission and additional guidelines issued by the Board of the Company) meets at least three times a year to review the state of internal controls and corporate governance. The Audit Committee interfaces with the out - sourced Internal Audit Function and gives internal audit directions and guidance. The total number of audit committee meetings held in year 2012 was 3 and attendance is as indicated below; Member Attendance T. A. Okoronkwo 3 J. N. Ajene 3 S. O. Ogunnowo 3 G. O. Kabiawu 3 W. J. Dixon 3 H. C. Okolo 2 Directors are of the opinion that the Company’s internal control system allows for an untainted and true representation of the Company’s financial affairs. During 2012 one of the principal roles of the committee was to approve the Group’s implementation of IFRS.
14 2012 Annual Report & Financial Statements Corporate Governance Statement for the year ended 31 December 2012
C. ETHICS AND COMPLIANCE The Company is committed to corporate ethical conduct and observance of due process and ever mindful of all prescribed laws and regulations relevant to its operations. It maintains relevant financial and legal structures provided for by law.
D. SUB-COMMITTEES OF THE BOARD i. EXECUTIVE MANAGEMENT This Committee comprises of all Executive Directors and senior management staff and chaired by the MD. It is responsible for setting overall corporate targets, agreeing and monitoring corporate and divisional priorities, allocating resources and supervising the day-to-day affairs of the business. ii. RISK MANAGEMENT This Committee is made up of all Executive Directors and Divisional Heads and chaired by the MD. Its purpose is to review the Company’s operations to ensure that all risks to which the business is exposed are identified and managed proactively. Regular presentations are made to the Board for their consideration. In addition the Company maintains adequate insurance cover to protect the Company against liability and asset loss. The Group uses financial instruments, in particular forward currency contracts, to manage the risks associated with its underlying business activities and the financing of those activities. The Group does not undertake any speculative trading. iii. MANAGEMENT PERFORMANCE REVIEW & SUCCESSION PLANNING This Committee periodically reviews and evaluates the performance of top executives reporting directly to the MD. It devises objective measures for grooming suitable successors to future vacant senior position to sustain the tradition of a smooth and flawless transition. It is made up of senior Human Resources Managers from each unit and the Executive Directors and chaired by the MD. The above three sub-committees of the Board met concurrently 10 times in the year and the attendance are as indicated below: Number of meetings held was 10 Attendance B. Elfrink 10 W. J. Dixon 9 M. O. Okolo 8 A. Vitankar 10 C. O. Iwunwa 8 K. Ayibowu / W Budzilla 10 iv. CORPORATE STRATEGY & PERFORMANCE REVIEW This Committee is made up of all Board members and chaired by the non-executive Chairman. It monitors and evaluates the overall performance of the company in all domains of its activities including its relationship with all key stakeholders with the aim of ensuring that the Company maintains its position as a commercially successful enterprise and a well respected corporate citizen. The sub-committee met 10 times during the year and attendance is as per the Board meeting set out on page 14.
2012 Annual Report & Financial Statements 15 Statement of Directors’ Responsibilities for the year ended 31 December 2012
This statement, which should be read in conjunction with the Report of the Auditors, is made with a view to setting out for shareholders, the responsibilities of the Directors of the Company with respect to the financial statements.
In accordance with provisions of the Companies and Allied Matters Act, the Directors are responsible for the preparation of annual financial statements which give a true and fair view of the state of affairs of the Company as at the end of the financial year and of the profit and loss for the financial year.
These responsibilities include ensuring that: a. Appropriate internal controls are established both to safeguard the assets of the Company and to prevent and detect fraud and other irregularities.
b. The Company keeps accounting records which disclose with reasonable accuracy the financial position of the Company and which ensure that the financial statements comply with the requirements of the Companies and Allied Matters Act.
c. The financial statements comply with IFRS subject to any material departures being disclosed and explained.
d. The Company has used suitable accounting policies supported by reasonable and prudent judgement and estimates.
e. The financial statements are prepared on a going concern basis, unless it is presumed that the Company will not continue in business.
16 2012 Annual Report & Financial Statements Audit Committee’s Report
for the year ended 31 December 2012
To the members of the First Aluminium Nigeria Plc
In compliance with the provision of Section 359 sub-section 6 of the Companies and Allied Matters Act, CAP C20 LFN 2004 we: i. Reviewed the scope and planning of the audit requirements and found them adequate. ii. Reviewed the financial statements for the year ended 31 December 2012 and are satisfied with the explanations obtained. iii. Reviewed the External Auditors’ Management Report for the year ended 31 December 2012 and are satisfied that Management is taking appropriate steps to address the issues raised. iv. Ascertained that the accounting and reporting policies of the Company for the year ended 31 December 2012 are in accordance with International Financial Reporting Standard and agreed ethical practices
The External Auditors confirmed having received full cooperation from the Company’s management and that the scope of their work was not restrained in any way.
T. A. OKORONKWO Chairman, Audit Committee March 13 2013
Members: Chief (Nze) T. A. Okoronkwo - Chairman Chief J. N. Ajene - Non-Executive Director Chief H. C. Okolo - Non-Executive Director Mr. G. O. Kabiawu - Member Mr. S. O. Ogunnowo - Member Mr. W. J. Dixon - Executive Director
2012 Annual Report & Financial Statements 17 Report of the Auditors for the year ended 31 December 2012
Tel:+234 1 7941667, 7404787 ADOL House www.bdo-ng.com 15 CIPM Avenue Central Business District Alausa, Ikeja P.O.Box 4929, GPO, Marina Lagos, Nigeria REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF FIRST ALUMINIUM NIGERIA PLC AND ITS SUBSIDIARY COMPANY
We have audited the accompanying financial statements of First Aluminium Nigeria Plc (“the company”) and its subsidiary company (“the Group”) for the financial year ended 31 December 2012, which comprises the income statement, statement of financial position, statement of changes in equity, statement of cash flows for the year then ended, and notes to the financial statements on page 36 to 53.
The financial statements have been prepared in accordance with International Financial Reporting Standards as adopted by the Federal Government of Nigeria.
Directors’ responsibility for the Financial Statements The directors are responsible for the preparation and fair presentation of these financial statements in accordance with International Financial Reporting Standards issued by the International Accounting Standards Board, and in compliance with relevant provisions of the Financial Reporting Council of Nigeria Act, No 6, 2011 and the Companies and Allied Matters Act, CAP C20 LFN 2004. This responsibility includes: designing, implementing and maintaining internal controls relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error, selecting and applying appropriate accounting polices and making accounting estimates that are reasonable in the circumstances.
Auditors’ responsibility Our responsibility is to express an independent opinion on the financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform our audit to obtain reasonable assurance that the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts of disclosures in the financial statements.The procedures selected depend on the auditors’ judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditors consider internal controls relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the directors, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Opinion In our opinion, the financial statements give a true and fair view of the state of affairs of the Group’s financial position as at 31 December 2012 and of its financial performance and cash flows for the year then ended in accordance with International Financial Reporting Standards and in compliance with the relevant provisions of the Financial Reporting Council of Nigeria Act No 6, 2011, and the Companies and Allied Matters Act, CAP C20 LFN 2004.
Report on other legal requirements The Companies and Allied Matters Act, CAP C20 LFN, 2004 requires that in carrying out our audit, we consider and report to you on the following matters. We confirm that:
i) we have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose of our audit;
ii) in our opinion, proper books of account have been kept by the Company; and
iii) the Company’s statement of financial position and income statement are in agreement with the books of account.
Chartered Accountants Lagos, Nigeria 25 March 2013
18 2012 Annual Report & Financial Statements Significant Accounting Policies
for the year ended 31 December 2012
A. General Information First Aluminium Nigeria PLC (‘the company’) and its wholly owned subsidiary (together ‘the group’) manufacture and distribute aluminium coils, sheets, and laminate, aluminium and seamless tubes. The company is a public limited company incorporated and domiciled in Nigeria. The address of its registered office is 2 Akilo Street, Ogba, Ikeja, Lagos. The group consolidated financial statements were authorized for issue by the board of directors on 13 March 2013
B. Summary of significant accounting policies The principal accounting policies adopted in the preparation of these Consolidated Annual Financial Statements are set out below.
C. Basis of presentation The Consolidated Financial Statements have been prepared in accordance with International Financial Reporting Standards (‘IFRS’) issued by the International Accounting Standards Board. The Consolidated Financial Statements have been prepared in the functional currency (Nigerian Naira), rounded to the nearest thousand, and prepared under the historical cost convention as modified by the revaluation of land and buildings, available for sale investments and financial assets and financial liabilities at fair value through the profit and loss.
D. Significant estimates and judgments The preparation of accounts in conformity with IFRS requires management to make judgments, estimates and assumptions that effect the application of accounting policies and reported amounts of assets and liabilities, income and expenses. The estimates and associated assumptions are based upon historical experience and various other factors believed to be reasonable under the circumstances, the results of which form the basis of making judgments about carrying values of assets and liabilities that are not readily available from other sources. Actual results may differ from these estimates. The significant judgments made in the accounts for the year ended December 31, 2012 are: End of service benefits – these are more fully described in accounting policy O below and in note 19 to the financial statements; and Expected future life of specialized plant and equipment – more fully described in accounting policy I below and note 7 to the financial statements.
E. Consolidation Subsidiary undertakings, which are those companies in which the holding company, directly or indirectly has an interest of more than half the voting rights or otherwise has power to control, have been consolidated. All intercompany transactions, balances and unrealized profits and losses on transactions between group companies have been eliminated. Where necessary, accounting policies for subsidiaries have been changed to ensure consistency with the policies adopted by the holding company. The Group has elected not to apply IFRS 3 Business Combinations retrospectively.
F. Turnover Turnover is recognized when goods are delivered to customers and services completed, and is disclosed net of any trade discount, returns or allowances.
G. Accounting for contracts Contracts are accounted for using the completed – contract method with revenue and costs being recognized at the completion of the contract.
2012 Annual Report & Financial Statements 19 Significant Accounting Policies for the year ended 31 December 2012
H. Foreign currency Amounts denominated in foreign currency are translated into the functional currency at the date of the transaction. Foreign currency monetary assets and liabilities are translated into the functional currency at the exchange rate applicable at the balance sheet date. Exchange differences are taken to operating profit.
I. PROPERTY, PLANT, EQUIPMENT and depreciation Items of property, plant and equipment are stated at cost or valuation, less accumulated depreciation and any accumulated impairment losses Depreciation is provided on a straight-line basis over the estimated useful lives of the assets at the following annual rates; Plant and machinery 10% Furniture and equipment 20% Motor vehicles 25% Buildings are depreciated over the unexpired lease period. Leasehold land is not depreciated. A gain or loss on disposal is determined by comparing the proceeds with the asset’s carrying amount and is recognized in the income statement. Buildings are professionally revalued at approximately 4 yearly intervals by independent qualified surveyors and valuers. The basis for such revaluation is open market which means current cost of reconstruction together with improvements in today’s market adequately depreciated to reflect physical wear and tear, age, functional and economic obsolescence plus the site value in its existing use as at the date of inspection. The principal plant and equipment assets are depreciated over their useful life as determined by the plant engineers and certified by the unit head. In many cases this means that old assets that have been fully depreciated are ‘re-lifed’ since the company still uses them and continues to do so so extending their estimated life. As at December 31 2011 the estimated future life of the sheet mill assets was 8 years and the estimated future life of the packaging machines was 5 years Expenditure subsequent to 1 Jan 2011 has been capitalised only when it is probable that it will give rise to future economic benefits in excess of the originally assesed standard of performance or when it significantly extends the useful life of a asset. At each balance sheet date the Group reviews the carrying amounts of its property, plant and equipment to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where the asset does not generate cash flows that are independent from other assets the Group estimates the recoverable amount of the cash-generating unit to which the asset belongs.
J. Finance leases Leased assets are stated at their fair values and are capitalized on installation, and depreciated in line with the company policy on depreciation of the related class of property, plant and equipment assets. The finance cost of the leases are charged to the profit and loss account in account in accordance with the lease terms.
K. Long term investment Investments in subsidiaries are stated at the lower of cost or the company’s share of their net tangible asset values at the year end.
L. Trade receivables Trade receivables are recognized initially at calculated fair value less provision for impairment. A provision for impairment of trade receivables is established when there is objective evidence that the group will not be able to collect all amounts due according to the original terms of the receivables. Receivables are stated at their gross value less appropriate provision for bad and doubtful balances.
20 2012 Annual Report & Financial Statements Significant Accounting Policies
for the year ended 31 December 2012
M Cash and cash equivalents, derivative financial instruments and other financial instruments Cash at bank and in hand includes short term deposits with a maturity date of three months or less . Derivative financial instruments, in particular forward exchange currency contracts can be used to manage the financial risks associated with the underlying business activities and the financing of those activities. The group does not undertake any trading activity in derivative financial instruments. Forward contracts are the only derivative financial instrument the group intends to use at this time – principally because of lack of other products to hedge Naira exchange risk. Other financial instruments All other financial instruments are recognized at fair value plus transaction costs. Unhedged borrowings are measured at amortised cost and all other financial assets and liabilities including short term receivables and payables are measured at amortised cost less any impairment provision.
N Inventories Inventories are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the averaging method. The cost of finished goods and work in progress comprises raw materials, direct labour, other direct costs and related production overheads (based upon normal operating capacity). At the reporting date inventories are assessed for obsolence and impaired as necessary . If inventory is impaired the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is immediately recognized in profit or loss.
O Retirement benefits scheme The Company operates a gratuity scheme and pension fund scheme for the benefit of its employees. Pension Fund Scheme – The Company, in line with the provisions of the Pension Reform Act 2004, operates a defined contribution pension scheme for its employee. Contributions to the scheme are funded through payroll deductions, while the Company’s contribution is charged to the profit and loss account. End of Service Gratuity Scheme (‘EOSB’) - Members of staff who have spent 5 years or more in employment are entitled to a one-off payment upon retirement (for whatever reason). Retirement from the Company is mandatory upon reaching 55years . The payment is based upon the final emoluments of the staff and the length of service. The benefit is calculated annually. Gains or losses on curtailment or settlement are recognised in the profit or loss when the curtailment or settlement occurs. The liability recognised is the present value of the obligation determined on the assumption that every employee remains until their mandatory retirement age.
P Taxation Income tax – Income tax is provided on taxable profits at the current statutory tax rate. Deferred tax – Provision for deferred taxation is made when income, expenditure or depreciation falls into different periods for accounting and for taxation purposes. The provision is calculated at the rate of taxation current at the balance sheet date.
Q Dividend Dividend distribution to the Company Shareholders is recognised as a liability in the Financial Statements in the year in which the dividends are approved by the Company Shareholders. Unclaimed dividends are amounts payable to shareholders in respect of dividends previously declared by the Company which have remained unclaimed by the shareholder. In compliance with Section 385 of the Companies and Allied Matter Act (Cap C20) Laws of the Federation of Nigeria 2004, unclaimed dividends are transferred to general reserves after twelve years. A list of unclaimed dividends is set out on pages 61 to 84
2012 Annual Report & Financial Statements 21 Significant Accounting Policies for the year ended 31 December 2012
R Provisions and contingencies Provisions are recognized when the group has a present obligation as a result of a past event and a reliable estimate can be made of a probable adverse income. Material contingent liabilities are disclosed unless the transfer of economic benefits is remote.
S Segment information For management purposes the group is organized into two operating segments – aluminium and packaging. A business segment is a distinguishable component of the Group engaged in providing products or services that are subject to risks and returns that are different from those of other business segment. A geographical segment is a component of the Group engaged in providing products or services within a particular economic environment that are subject to risks and returns different from those of a segment operating in other economic environments. Operating segments are reported in a manner consistent with internal reporting.
T First time adoption of IFRS 1 IFRS 1 First-time Adoption of International Financial Reporting Standards sets out the procedures that an entity must follow when it adopts IFRSs for the first time as the basis for preparing its general purpose financial statements. It was first published in June 2003. FAN, as a first-time adopter is required to make an explicit and unreserved statement that its general purpose financial statements comply with IFRSs. FAN has had to select accounting policies based on IFRSs effective at 31 December 2012. IFRS REPORTING PERIODS. FAN has to prepare 2012 and 2011 financial statements and the opening balance sheet (as of 1 January 2011) by applying the IFRSs effective at 31 December 2012. • Since IAS 1 requires that at least one year of comparative prior period financial information be presented, the opening balance sheet is 1 January 2011. This means that our first financial statements should include at least: • three balance sheets (statements of financial position) • two statements of comprehensive income • two separate income statements (if presented) • two statements of cash flows • two statements of changes in equity and • related notes, including comparative information ADJUSTMENTS REQUIRED TO MOVE FROM NIGERIAN GAAP TO IFRSs AT THE TIME OF FIRST-TIME ADOPTION. FAN has had to eliminate previous-GAAP assets and liabilities from the opening balance sheet if they do not qualify for recognition under IFRSs. If previous GAAP had allowed accrual of liabilities for “general reserves”, restructurings, future operating losses, or major overhauls that do not meet the conditions for recognition as a provision under IAS 37, these are eliminated in the opening IFRS balance sheet. If previous GAAP had allowed recognition of contingent assets as defined in IAS 37.10, these are eliminated in the opening IFRS balance sheet Recognition of some assets and liabilities not recognised under previous Nigerian GAAP Conversely, FAN has to recognise all assets and liabilities that are required to be recognised by IFRS even if they were never recognised under previous GAAP. For example: • IAS 39 requires recognition of all derivative financial assets and liabilities, including embedded derivatives. • IAS 19 requires an employer to recognise a liability when an employee has provided service in exchange for benefits to be paid in the future. These are not just post-employment benefits (eg, pension plans) but also obligations for medical and life insurance, vacations, termination benefits, and deferred compensation. In the case of ‘over-funded’ defined benefit plans, this would be a plan asset. • IAS 37 requires recognition of provisions as liabilities. Examples could include an entity’s obligations for restructurings, onerous contracts, decommissioning, remediation, site restoration, warranties, guarantees,
22 2012 Annual Report & Financial Statements Significant Accounting Policies
for the year ended 31 December 2012
and litigation. • Deferred tax assets and liabilities would be recognised in conformity with IAS 12.
Reclassification FAN has had to reclassify previous-GAAP opening balance sheet items into the appropriate IFRS classification. Examples: • IAS 10 does not permit classifying dividends declared or proposed after the balance sheet date as a liability at the balance sheet date. If such liability was recognised under previous GAAP it would be reversed in the opening IFRS balance sheet. • Items classified as identifiable intangible assets in a business combination accounted for under the previous GAAP may be required to be reclassified as goodwill under IFRS 3 because they do not meet the definition of an intangible asset under IAS 38. The converse may also be true in some cases. • IAS 32 has principles for classifying items as financial liabilities or equity. • The reclassification principle would apply for the purpose of defining reportable segments under IFRS 8. • The scope of consolidation might change depending on the consistency of the previous GAAP requirements to those in IAS 27. In some cases, IFRS will require consolidated financial statements where they were not required before. • Some offsetting (netting) of assets and liabilities or of income and expense items that had been acceptable under previous GAAP may no longer be acceptable under IFRS. These can be seen in note 36 to the financial statements.
Measurement The general measurement principle – there are several significant exceptions noted below – is to apply effective IFRSs in measuring all recognised assets and liabilities. Adjustments required to move from previous GAAP to IFRSs at the time of first-time adoption should be recognised directly in retained earnings or, if appropriate, another category of equity at the date of transition to IFRSs. These adjustments can be seen in note 36 to the financial statements. In preparing IFRS estimates at the date of transition to IFRSs retrospectively, we used the inputs and assumptions that had been used to determine previous GAAP estimates as of that date (after adjustments to reflect any differences in accounting policies). FAN is not permitted to use information that became available only after the previous GAAP estimates were made except to correct an error.
Changes to disclosures Many new areas of disclosure are added that were not requirements under the previous GAAP and disclosures that had been required under previous GAAP will be broadened (such as related party disclosures notes 14, 17 and 32). Disclosures in the financial statements of a first-time adopter IFRS 1 requires disclosures that explain how the transition from previous GAAP to IFRS affected the entity’s reported financial position, financial performance and cash flows. This includes: 1. reconciliations of equity reported under previous GAAP to equity under IFRS both (a) at the date of the opening IFRS balance sheet and (b) the end of the last annual period reported under the previous GAAP (Note 36). 2. reconciliations of total comprehensive income for the last annual period reported under the previous GAAP to total comprehensive income under IFRSs for the same period 3. explanation of material adjustments that were made, in adopting IFRSs for the first time, to the balance sheet, income statement and cash flow statement 4. if errors in previous GAAP financial statements were discovered in the course of transition to IFRSs, those must be separately disclosed 5. if the entity recognised or reversed any impairment losses in preparing its opening IFRS balance sheet,
2012 Annual Report & Financial Statements 23 Significant Accounting Policies for the year ended 31 December 2012
these must be disclosed 6. appropriate explanations if the entity has elected to apply any of the specific recognition and measurement exemptions permitted under IFRS 1 – for instance, if it used fair values as deemed cost
Disclosures in interim financial reports FAN’s quarterly interim reporting from March 31, 2012 did not purport to comply with IAS 34 Interim Financial Reporting. Consequently explanatory information and a reconciliation was not required in the interim reports that immediately precedes the first set of IFRS annual financial statements as at December 2012.
IAS 39 – Derecognition of financial instruments A first-time adopter shall apply the derecognition requirements in IAS 39 prospectively for transactions occurring on or after 1 January 2004. However, the entity may apply the derecognition requirements retrospectively provided that the needed information was obtained at the time of initially accounting for those transactions.
IAS 39 – Hedge accounting The general rule is that the entity shall not reflect in its opening IFRS balance sheet (statement of financial position) a hedging relationship of a type that does not qualify for hedge accounting in accordance with IAS 39. However, if an entity designated a net position as a hedged item in accordance with previous GAAP, it may designate an individual item within that net position as a hedged item in accordance with IFRS, provided that it does so no later than the date of transition to IFRSs.
IAS 27 – Non-controlling interest IFRS 1 lists specific requirements of IAS 27 that shall be applied prospectively.
Optional exemptions from the basic measurement principle in IFRS 1 There are some further optional exemptions to the general restatement and measurement principles. They relate to: • business combinations; • share-based payment transactions • insurance contracts • fair value or revaluation as deemed cost • leases • employee benefits • cumulative translation differences • investments in subsidiaries, jointly controlled entities, associates and joint ventures • assets and liabilities of subsidiaries, associated and joint ventures • compound financial instruments • designation of previously recognised financial instruments • fair value measurement of financial assets or financial liabilities at initial recognition • decommissioning liabilities included in the cost of property, plant and equipment • financial assets or intangible assets accounted for in accordance with IFRIC 12 Service Concession Arrangements • borrowing costs • transfers of assets from customers • extinguishing financial liabilities with equity instruments • severe hyperinflation • joint arrangements Business combinations that occurred before opening balance sheet date. An entity may keep the original previous GAAP accounting, that is, not restate: • previous mergers or goodwill written-off from reserves
24 2012 Annual Report & Financial Statements Significant Accounting Policies
for the year ended 31 December 2012
• the carrying amounts of assets and liabilities recognised at the date of acquisition or merger or • how goodwill was initially determined (do not adjust the purchase price allocation on acquisition) However, an entity can elect to restate all business combinations starting from a date it selects prior to the opening balance sheet date. In all cases, the entity must make an initial IAS 36 impairment test of any remaining goodwill in the opening IFRS balance sheet, after reclassifying, as appropriate, previous GAAP intangibles to goodwill. The exemption for business combinations also applies to acquisitions of investments in associates and of joint ventures.
Fair value or revaluation as deemed cost Assets carried at cost (e.g. property, plant and equipment) may be measured at their fair value at the opening IFRS balance sheet date. Fair value becomes the ‘deemed cost’ going forward under the IFRS cost model. Deemed cost is an amount used as a surrogate for cost or depreciated cost at a given date. If, before the date of its first IFRS balance sheet, the entity had revalued any of these assets under its previous GAAP either to fair value or to a price-index-adjusted cost, that previous GAAP revalued amount at the date of the revaluation can become the deemed cost of the asset under IFRS. If, before the date of its first IFRS balance sheet, the entity had made a one-time revaluation of assets or liabilities to fair value because of a privatisation or initial public offering, and the revalued amount became deemed cost under the previous GAAP, that amount would continue to be deemed cost after the initial adoption of IFRS. This option applies to intangible assets only if an active market exists.
IAS 19 – Employee benefits: actuarial gains and losses An entity may elect to recognise all cumulative actuarial gains and losses for all defined benefit plans at the opening IFRS balance sheet date (that is, reset any corridor recognised under previous GAAP to zero), even if it elects to use the IAS 19 corridor approach for actuarial gains and losses that arise after first-time adoption of IFRS. If a first-time adopter uses this exemption, it shall apply it to all plans.
IAS 21 – Accumulated translation reserves An entity may elect to recognise all translation adjustments arising on the translation of the financial statements of foreign entities in accumulated profits or losses at the opening IFRS balance sheet date (that is, reset the translation reserve included in equity under previous GAAP to zero). If the entity elects this exemption, the gain or loss on subsequent disposal of the foreign entity will be adjusted only by those accumulated translation adjustments arising after the opening IFRS balance sheet date.
IAS 27 – Investments in separate financial statements The way the cost of an investment in the separate financial statements is measured on first-time adoption of IFRSs is to: • allow first-time adopters to use a ‘deemed cost’ of either fair value or the carrying amount under previous accounting practice to measure the initial cost of investments in subsidiaries, jointly controlled entities and associates in the separate financial statements • remove the definition of the cost method from IAS 27 and add a requirement to present dividends as income in the separate financial statements of the investor • require that, when a new parent is formed in a reorganisation, the new parent must measure the cost of its investment in the previous parent at the carrying amount of its share of the equity items of the previous parent at the date of the reorganisation
Assets and liabilities of subsidiaries, associates and joint ventures: different IFRS adoption dates of investor and investee. If a subsidiary becomes a first-time adopter later than its parent, IFRS 1 permits a choice between two measurement bases in the subsidiary’s separate financial statements. In this case, a subsidiary should measure its
2012 Annual Report & Financial Statements 25 Significant Accounting Policies for the year ended 31 December 2012
assets and liabilities as either: • the carrying amount that would be included in the parent’s consolidated financial statements, based on the parent’s date of transition to IFRSs, if no adjustments were made for consolidation procedures and for the effects of the business combination in which the parent acquired the subsidiary or • the carrying amounts required by IFRS 1 based on the subsidiary’s date of transition to IFRSs
A similar election is available to an associate or joint venture that becomes a first-time adopter later than an entity that has significant influence or joint control over it. If a parent becomes a first-time adopter later than its subsidiary, the parent should in its consolidated financial statements, measure the assets and liabilities of the subsidiary at the same carrying amount as in the separate financial statements of the subsidiary, after adjusting for consolidation adjustments and for the effects of the business combination in which the parent acquired the subsidiary. The same approach applies in the case of associates and joint ventures.
New and amended standards adopted by the Group The group has adopted the following new standards and amendments to the IFRSs beginning 1 January 2012: • IFRS 7 Disclosures – Transfers of Financial Assets requires a number of changes to disclosures but does not affect reported results or net assets of the group • Amendments to IFRIC 13 – Customer Loyalty Programmes – fair value of award credit requires that the fair value of award credits takes in to account the amount of discounts or incentives that otherwise would have been offered to customers that have not earned the credits. This has had no effect on the reported results or the net assets of the group. • Amendments to IFRIC 14 Payments of a Minimum Funding Requirement has had no effect on the reported results or the net assets of the group. In many countries, laws or contractual terms require employers to make minimum funding payments for their pension or other employee benefit plans. This enhances the security of the retirement benefit promise made to members of an employee benefit plan. When determining the limit on a defined benefit asset in accordance with IAS 19.58, under IFRIC 14 entities are required to measure any economic benefits available to them in the form of refunds or reductions in future contributions at the maximum amount that is consistent with the terms and conditions of the plan and any statutory requirements in the jurisdiction of the plan. The entity’s intentions on how to use a surplus (for instance, whether the entity intends to improve benefits rather than reduce contributions or get a refund) must be disregarded. • IAS 12 Deferred Tax Recovery of Underlying Assets implements a so-called ‘comprehensive balance sheet method’ of accounting for income taxes which recognises both the current tax consequences of transactions and events and the future tax consequences of the future recovery or settlement of the carrying amount of an entity’s assets and liabilities. Differences between the carrying amount and tax base of assets and liabilities, and carried forward tax losses and credits, are recognised, with limited exceptions, as deferred tax liabilities or deferred tax assets, with the latter also being subject to a ‘probable profits’ test. This has had no effect on the reported results or the net assets of the group. • IAS 24 Related Party Disclosures - clarifies the definition of a related party for disclosure purposes and does not affect the reported results or net asset of the group. The objective of IAS 24 is to ensure that an entity’s financial statements contain the disclosures necessary to draw attention to the possibility that its financial position and profit or loss may have been affected by the existence of related parties and by transactions and outstanding balances with such parties. The group has adopted the following new standards and amendments to the IFRSs that were not effective for the financial year beginning 1 January 2012 but adopted early by the group. • IAS 1 Presentation of financial statements - which changes the disclosure of items presented in other comprehensive income in the statement of comprehensive income. The amendment requires entities to separate items presented in the statement of comprehensive income into two groups based on whether they may be recycled to the profit and loss in the future. Items that will not be recycled such as revaluation gains on property will be presented separately from items that may be recycled such as gains or losses on cash flow
26 2012 Annual Report & Financial Statements Significant Accounting Policies
for the year ended 31 December 2012
hedges. Entities that chose to present other comprehensive income items before tax will be required to show the amount of tax related to the two groups separately.
U IFRS Standards and interpretations in issue not yet adopted. New standards and interpretations currently in issue but not effective for accounting periods until after January 1 2013 include:- • IFRS 7 Disclosures – Transfers of Financial Assets requires a number of changes to disclosures but does not affect reported results or net assets of the group • IFRS 9 Financial Instruments originally issued November 2009 as the first stage of the IASB’s project to review and replace IAS 39 – Financial Instruments Recognition and Measurement. IFRS 9 requires financial assets to be classified into two measurement categories: those measured at fair value and those measured at amortised cost. The determination is made at initial recognition. The main change is that in cases where the fair value option is taken for financial liabilities the part of the fair value change due to an entity’s own credit risk is recorded in other comprehensive income rather than in the income statement unless this creates an accounting mismatch. • IFRS 10 Consolidated Financial Statements. The standard defines the principle of control and establishes control as the basis for determining which entities are consolidated in the consolidated financial statements. This standard will have no effect on the reported results or the net assets since the group comprises only the holding company and one non-trading wholly owned subsidiary. • IFRS 11 Joint Arrangements. The standard requires a party in a joint arrangement to determine the type of joint arrangement in which it is involved by assessing its rights and obligations arising from the arrangement. Currently this standard will have no effect on the reported results or the net assets since the group has not entered into any such arrangements. • IFRS 12 Disclosure of interests in other entities. The standard requires an entity to disclose information that enables users of financial statements to evaluate the nature of and risks associated with its interests in other entities and the effects of those interests in its financial position, financial performance and cash flows. Currently this standard will have no effect on the reported results or the net assets since the group does not have any interest in any entity other than its wholly owned non-trading subsidiary. • IFRS 13 Fair value measurements. The standard sets out in a single IFRS a framework for measuring fair value and requires disclosures about fair value measurements. The IFRS explains how to measure fair value for financial reporting. It does not require fair value measurements in addition to those already required or permitted by other IFRSs and is not intended to establish valuation standards or affect valuation standards outside financial reporting. IFRS 13 aims to improve consistency and reduce complexity by providing a precise definition of fair value and a single source of fair value measurement and disclosure requirements for use across IFRSs. • IAS 19 Employee Benefits – requires that actuarial gains and losses are immediately recognised in the comprehensive income statement and eliminates the corridor method. This will not affect the reported results or net assets of the group until such time as it becomes effective
• IAS 27 (revised) Separate Financial Statements outlines the accounting and disclosure requirements for ‘separate financial statements’, which are financial statements prepared by a parent, or an investor in a joint venture or associate, where those investments are accounted for either at cost or in accordance with IAS 39 Financial Instruments: Recognition and Measurement or IFRS 9 Financial Instruments. The standard also outlines the accounting requirements for dividends and contains numerous disclosure requirements. Currently this standard will have no effect on the reported results or the net assets since the group does not have any interest in any entity other than its wholly owned non- trading subsidiary. • IAS 28 (revised) Investments in Associates and Joint Ventures outlines how to apply, with certain limited
2012 Annual Report & Financial Statements 27 Significant Accounting Policies for the year ended 31 December 2012
exceptions, the equity method to investments in associates and joint ventures. The standard also defines an associate by reference to the concept of “significant influence”, which requires power to participate in financial and operating policy decisions of an investee (but not joint control or control of those polices). Currently this standard will have no effect on the reported results or the net assets since the group does not have any interest in any entity other than its wholly owned non-trading subsidiary. • Offsetting Financial Assets and Financial liabilities – Amendments to IAS 32 outlines the accounting requirements for the presentation of financial instruments, particularly as to the classification of such instruments into financial assets, financial liabilities and equity instruments. The standard also provide guidance on the classification of related interest, dividends and gains/losses, and when financial assets and financial liabilities can be offset. Except where stated the effect of these standards and interpretation has yet to be evaluated but the Group does not consider they will have a significant impact on the reported results or the net assets.
28 2012 Annual Report & Financial Statements Significant Accounting Policies
for the year ended 31 December 2012
2012 Annual Report & Financial Statements 29 Consolidated Income Statement for the year ended 31 December 2012
2012 2012 2012 2011 Group Group Group Group Discontinued Continued Total Total Operation operation Note N’000 N’000 N’000 N’000
Turnover 2 1,839,132 6,800,049 8,639,181 8,867,453 Cost of sales (2,202,149) (6,288,003) (8,490,152) (8,352,441)
Gross profit /(Loss) (363,017) 512,046 149,029 515,012
Other income 3 - 63,388 63,388 60,854 Distribution costs (38,371) (44,326) (82,697) (77,398) Administrative expenses - (244,399) (244,399) (293,968) Restructuring cost 5 (525,371) - (525,371) (20,928)
Operating Profit/(Loss) (926,759) 286,709 (640,050) 183,572
Finance income 4 - 78 78 270 Finance costs 4 (87,961) (325,306) (413,267) (388,160)
Finance costs - net (87,961) (325,228) (413,189) (387,890)
Loss before tax 5 (1,014,720) (38,519) (1,053,239) (204,318) Income tax 6 - 48,847 48,847 (70,471)
Profit/(loss) after tax (1,014,720) 10,327 (1,004,393) (274,789)
Other comprehensive loss net of income tax - (526) (526) (3,528)
Total comprehensive Profit/(loss) for the year (1,014,720) 9,801 (1,004,919) (278,317)
Total comprehensive Profit/(loss) for the year (1,014,720) 9,801 (1,004,919) (278,317) Attributable to Equity Holders of the company (1,014,720) 9,801 (1,004,919) (278,317) Non Controlling Interest - - - -
Earning per 50k share - discontinued operations (48) - (48) - Earning per 50k share - continuing operations - .05 - (13)
The Statement of Significant Accounting Policies on page19 to 28 and accompanying notes on page 36 to 53 form an integral part of these financial statements.
30 2012 Annual Report & Financial Statements Consolidated Income Statement for the year ended 31 December 2012
2012 2012 2012 2011 Company Company Company Company Discontinued Continued Total Total Operation operation Note N’000 N’000 N’000 N’000
Turnover 2 1,839,132 6,800,049 8,639,181 8,627,276 Cost of sales (2,202,149) (6,288,003) (8,490,152) (8,291,209)
Gross profit /(Loss) (363,017) 512,046 149,029 336,067
Other income 3 - 47,483 47,483 58,526 Distribution costs (38,371) (44,326) (82,697) (77,398) Administrative expenses - (240,245) (240,245) (241,251) Restructuring cost 5 (525,371) - (525,371) -
Operating Profit/(Loss) (926,759) 274,958 (651,801) 75,944
Finance income 4 - 78 78 270 Finance costs 4 (87,961) (325,306) (413,267) (388,160)
Finance costs - net (87,961) (325,228) (413,189) (387,890)
Loss before tax 5 (1,014,720) (50,270) (1,064,990) (311,946) Income tax 6 - 48,847 48,847 (80,243)
Profit/(loss) after tax from continuing operation (1,014,720) (1,423) (1,016,143) (392,189)
Other comprehensive loss net of income tax - (526) (526) (3,528)
Total comprehensive Profit/(loss) for the year (1,014,720) (1,949) (1,016,669) (395,717)
Total comprehensive (loss) for the year (1,014,720) (1,949) (1,016,669) (395,717) Attributable to Equity Holders of the company (1,014,720) (1,949) (1,016,669) (395,717) Non Controlling Interest - - - -
Earning per 50k share - discontinued operations (48) - (48) - Earning per 50k share - continuing operations - .05 - (13)
The Statement of Significant Accounting Policies on page19 to 28 and accompanying notes on page 36 to 53 form an integral part of these financial statements.
2012 Annual Report & Financial Statements 31 Group Statement of Financial Position as at 31 December 2012
Restated Restated 2,012 2011 2010 Note N’000 N’000 N’000 NON - CURRENT ASSETS Property, plant and equipment 7 5,566,460 6,113,269 6,274,980 Available for sale financial assets 34 6,750 7,524 13,860 Long term Receivables 9 - 5,822 5,822 Deferred income tax assets 10 445,491 396,644 362,574 Long Term assets 11 29,758 29,758 60,862
Total non - current assets 6,048,459 6,553,017 6,718,098
CURRENT ASSETS Inventories 12 2,290,706 2,879,344 3,025,170 Trade and other receivables 13 469,371 492,031 721,534 Cash and cash equivalents 57,731 27,753 51,611
Total current assets 2,817,808 3,399,128 3,798,315
Total assets 8,866,267 9,952,145 10,516,413
CURRENT LIABILITIES Short term borrowings 15 (2,415,851) (2,083,447) (2,452,636) Dividend payable (8,500) (8,500) (8,500) Current income tax liabilities 6 (50,536) (139,722) (69,393) Trade and other payables 16 (886,218) (1,087,283) (1,150,369)
Total current liabilities (3,361,105) (3,318,952) (3,680,898)
NON-CURRENT LIABILITIES
Retirement obligations 19 (193,954) (231,600) (220,129) Deferred income tax obligations 20 (435,145) (17,354) (28,316) Borrowings after more than one year 18 (362,663) (448,129) (372,643)
Total non-current liabilities (991,762) (697,083) (621,088)
Total liabilities (4,352,867) (4,016,035) (4,301,986)
Net assets 4,513,400 5,936,110 6,214,427
CAPITAL AND RESERVES Called up share capital 21 1,055,333 1,055,333 1,055,333 Share premium 22 1,659,748 1,659,748 1,659,748 Other reserves 23 4,051,551 4,469,868 4,473,396 Retained earnings 23 (2,253,232) (1,248,839) (974,050)
TOTAL EQUITY 4,513,400 5,936,110 6,214,427
The financial statements and the accompanying notes were approved by the board of Directors on March 13, 2013 and signed on its behalf by:
S.S. BAFFA:…………………….. B. ELFRINK :……………………..
The Statement of Significant Accounting Policies on pages 19 to 28 and accompanying notes on pages 36 to 53 forman integral part of these financial statements.
32 2012 Annual Report & Financial Statements Company Statement of Financial Position as at 31 December 2012
Restated Restated 2012 2011 2010 Note N’000 N’000 N’000 NON - CURRENT ASSETS Property, plant and equipment 7 5,261,929 5,806,716 5,885,156 Available for sale financial assets 34 6,750 7,524 13,860 Investment in subsidiary 8 2,500 2,500 2,500 Long term Receivables 9 - 5,822 5,822 Deferred income tax assets 10 445,491 396,644 362,574 - -
Total non - current assets 5,716,670 6,219,206 6,269,912
CURRENT ASSETS Inventories 12 2,283,214 2,869,857 2,865,181 Trade and other receivables 13 714,175 724,955 1,103,080 Cash and cash equivalents 56,897 24,749 42,043
Total current assts 3,054,286 3,619,560 4,010,304
Total assets 8,770,956 9,838,766 10,280,216
CURRENT LIABILITIES Loans 15 (2,415,851) (2,083,447) (2,052,519) Dividend payable (8,500) (8,500) (8,500) Current income tax liabilities 6 (20,238) (109,424) (9,181) Payables due within one year 16 (857,023) (1,028,271) (1,378,561)
Total current liabilities (3,301,612) (3,229,642) (3,448,761)
NON-CURRENT LIABILITIES Retirement obligations 19 (193,954) (231,600) (207,334) Deferred income tax obligations 20 (390,516) - - Borrowings after more than one year 18 (362,663) (448,129) (372,643)
Total non-current liabilities (947,133) (679,729) (579,977)
Total liabilities (4,248,745) (3,909,371) (4,028,738)
Net assets 4,522,211 5,929,395 6,251,478
CAPITAL AND RESERVES Called up share capital 21 1,055,333 1,055,333 1,055,333 Share premium 22 1,659,748 1,659,748 1,659,748 Other reserves 23 3, 795,662 4,186,704 4,190,232 Retained earnings 23 (1,988,532) (972,389) (653,835)
TOTAL EQUITY 4,522,211 5,929,396 6,251,478
The financial statements and the accompanying notes were approved by the board of Directors on March 13, 2013 and signed on its behalf by:
S.S. BAFFA:…………………….. B. ELFRINK :……………………..
The Statement of Significant Accounting Policies on pages 19 to 28 and accompanying notes on pages 36 to 53 form an integral part of these financial statements.
2012 Annual Report & Financial Statements 33 Statement of Cash Flows for the year ended 31 December 2012
2012 2011 2012 2011 Group Group Company Company Note N’000 N’000 N’000 N’000
Net cash inflow from operating activities 24 256,662 784,557 258,831 794,539
INVESTMENT ACTIVITIES Purchase of property, plant and equipment 7 (55,264) (148,286) (55,264) (148,286) Interest received 4 78 270 78 270 Proceeds from sale of property, plant and equipment 977 7,294 977 3,876
(54,209) (140,722) (54,209) (144,140)
Net cash inflow before financing 202,453 643,835 204,622 650,399
FINANCING ACTIVITIES Interest paid 4 (413,267) (388,160) (413,267) (388,160) Net movement in loan balance 18 (347,171) 2,495 (347,171) 2,495 Net movement in leases 18 (48,334) 14,170 (48,334) 14,170
Increase/(Decrease) in cash and cash equivalents 25 (606,320) 272,340 (604,150) 278,904
The Statement of Significant Accounting Policies on pages 19 to 28 and accompanying notes on pages 36 to 53 form an integral part of these financial statements.
34 2012 Annual Report & Financial Statements Statement of changes in Equity for the year ended 31 December 2012
Attributable Available to equity GROUP Share Share Capital Retained for sale holders of Total Equity Capital Premium Reserve Earnings investments the Company
At January 1 2010 1,055,333 1,659,748 4,489,643 (577,763) - 6,626,961 6,626,961
Loss for the year - - - (334,586) - (334,586) (334,586) Prior year adjustment - - (22,000) - - (22,000) (22,000) IFRS conversion - gross - - - (86,755) 8,460 (78,295) (78,295) IFRS conversion - tax - - - 25,054 (2,707) 22,347 22,347
At December 31,2010 1,055,333 1,659,748 4,467,643 (974,050) 5,753 6,214,427 6,214,427
Loss for the year - - - (274,789) - (274,789) (274,789) Revaluation- gross - - - - (6,336) (6,336) (6,336) Revaluation - tax - - - - 2,808 2,808 2,808
At December 31, 2011 1,055,333 1,659,748 4,467,643 (1,248,839) 2,225 5,936,110 5,936,110
Loss for the year - - - (1,053,239) - (1,053,239) (1,053,239) Revaluation- gross - - - - (774) (774) (774) Revaluation - tax - - - - 248 248 248 Deferred tax - Revaluation surplus - - (417,791) - - (417,791) (417,791) Asset - - - 48,847 - 48,847 48,847
At December 31, 2012 1,055,333 1,659,748 4,049,852 (2,253,232) 1,699 4,513,400 4,513,400
Attributable Available to equity COMPANY Share Share Capital Retained for sale holders of Total Equity Capital Premium Reserve Earnings investments the Company
At January 1 2010 1,055,333 1,659,748 4,206,479 (553,725) - 6,367,835 6,367,835
Loss for the year - - - (38,409) - (38,409) (38,409) Prior year adjustment - - (22,000) - - (22,000) (22,000) IFRS conversion - gross - - - (86,755) 8,460 (78,295) (78,295) IFRS conversion - tax - - - 25,054 (2,707) 22,347 22,347
At December 31 ,2010 1,055,333 1,659,748 4,184,479 (653,835) 5,753 6,251,478 6,251,478
Loss for the year - - - (318,554) - (318,554) (318,554) Revaluation- gross - - - - (6,336) (6,336) (6,336) Revaluation - tax - - - - 2,808 2,808 2,808
At December 31, 2011 1,055,333 1,659,748 4,184,479 (972,389) 2,225 5,929,396 5,929,396
Loss for the year - - - (1,064,990) - (1,064,990) (1,064,990) Revaluation- gross - - - - (774) (774) (774) Revaluation - tax - - - - 248 248 248 Deferred tax - revaluation surplus - - (390,516) - - (390,516) (390,516) Asset - - - 48,847 - 48,847 48,847
At December 31, 2012 1,055,333 1,659,748 3,798,963 (1,988,532) 1,699 4,522,211 4,522,211
2012 Annual Report & Financial Statements 35 Notes to the Financial Statements for the year ended 31 December 2012
1 THE GROUP
First Aluminium Nigeria Plc was incorporated on 20th August 1960 as Alcan Aluminium of Nigeria Limited, a subsidiary of Alcan Aluminium Company of Canada, one of the world’s foremost international aluminium companies.
The name of the company was changed to First Aluminium Company (Nigeria) Limited when it became a subsidiary of Alucon Holdings SA, a wholly owned subsidiary within the Inlaks Group, based in Monte Carlo.
On 10 May 1991, the company changed its name to First Aluminium Company (Nigeria) Plc and on 23rd July 1992, to First Aluminium Nigeria Plc. It became a quoted company on 5 November 1992.
The company has a Rolling Mill and is engaged in the manufacture of aluminium coils and sheets which represent the raw materials of the Nigerian aluminium industry. A continuous sheet painting line was commissioned in November 1992 to service the painted aluminium products market. The product from this painting line is branded Colortek. The company has a Packaging Division which manufactures tubes for the toothpaste, pharmaceutical, cosmetics and engineering industries in Nigeria from laminate plastics and from aluminium.
Aluminium City Limited was incorporated on 21 September 1995 as a wholly-owned subsidiary of First Aluminium Nigeria Plc and commenced business on 1 February 1996. It was engaged in the purchase and sale of aluminium products, building components and accessory items and maintained a strong commercial relationship with First Aluminium Nigeria Plc. During 2010 the Company ceased trading. Its assets less liabilities were transfered to the Rolling Mill division at no profit or loss. All retained employees transferred to the rolling mill and their service was treated as continuous.
36 2012 Annual Report & Financial Statements Notes to the Financial Statements for the year ended 31 December 2012
2 SEGMENT INFORMATION The analyses of turnover and trading profit by class of business are as follows: 2012 2011 2012 2011 N’000 N’000 N’000 N’000 GROUP GROUP Company Company Turnover by business Sector; Aluminium Coils and Sheets continuing operation 5,779,843 7,919,729 5,779,843 7,579,552 Packaging Products 1,020,206 947,724 1,020,206 947,724
Sub total turnover continuing operation 6,800,049 8,867,453 6,800,049 8,627,276 Aluminium Coils and Sheets discontinued operation 1,839,132 - 1,839,132 -
Total Net Turnover 8,639,181 8,867,453 8,639,181 8,627,276
Loss before tax by business Sector; Aluminium Coils and Sheets - continued operation (133,189) (311,252) (144,940) (418,880) Packaging Products 94,670 106,934 94,670 106,934
(38,519) (204,319) (50,270) (311,946) Loss from discontinued operation (1,014,720) - (1,014,720) -
Total Profit/(Loss) before tax (1,053,239) (204,319) (1,064,990) (311,946)
Depreciation expense by business Sector; Aluminium Coils and Sheets 247,002 246,962 244,980 241,017 Packaging Products 49,671 56,187 49,671 56,187
Total Depreciation Charge 296,673 303,149 294,651 297,204
Property, plant and equipment by business Sector; Aluminium Coils and Sheets 4,885,303 5,381,663 4,580,772 5,075,109 Packaging Products 681,157 731,607 681,157 731,607
Total property, plant and equipment 5,566,460 6,113,269 5,261,929 5,806,716
Net assets by business Sector; Aluminium Coils and Sheets 3,939,833 5,010,489 3,901,809 4,986,386 Packaging Products 713,472 833,863 713,472 833,862
Total operating segment net assets 4,653,305 5,844,352 4,615,281 5,820,249 Available for sale Financial Assets 6,750 7,524 6,750 7,524 Investment in Subsidiary - - 2,500 2,500 Long term Receivables - 5,822 - 5,822 Deferred Tax assets 445,491 396,644 445,491 396,644 Long term assets 29,758 29,758 - - Cash and Bank balances 57,731 27,753 56,897 24,749 Current and deferred Taxation (485,681) (144,143) (410,754) (96,492) Retirement Benefit obligations (193,954) (231,600) (193,954) (231,600)
Total Net Assets 4,513,400 5,936,110 4,522,211 5,929,396
As required by the Companies and Allied Matters Act, CAP C20 LFN 2004 turnover by location of customers is presented below. Turnover by geographical location of Customers; 2012 2011 2012 2011 N’000 N’000 N’000 N’000 GROUP GROUP Company Company Domestic - continuing operation 6,800,049 8,867,453 6,800,049 8,627,276 Domestic - discontinued operation 1,839,132 - 1,839,132 -
Total 8,639,181 8,867,453 8,639,181 8,627,276
In 2012, one customer amounted to 10.6% of Group turnover.
2012 Annual Report & Financial Statements 37 Notes to the Financial Statements for the year ended 31 December 2012
3 OTHER INCOME 2012 2011 2012 2011 GROUP GROUP COMPANY COMPANY N’000 N’000 N’000 N’000
Profit on disposal of property, plant and equipment 700 446 700 446 Disposal of scrap Packaging materials 26,533 45,948 26,533 45,948 Bad debts recovered 27,720 - 12,720 - Other 8,435 14,460 7,530 11,862
63,388 60,854 47,483 58,256
4 FINANCE INCOME AND COSTS
Interest expense on bank borrowings repayable within 5 years 413,267 388,160 413,267 388,160 Net foreign exchange gains on financing activities - - - -
Finance costs 413,267 388,160 413,267 388,160 Finance income - interest income on short term deposits 78 270 78 270
Net finance costs 413,189 387,890 413,189 387,890
Finance cost attributable to continuing operations 325,228 387,890 325,228 387,890 Finance cost attributable to discontinued operations 87,961 - 87,961 -
Interest expense is analysed as follows; On Bank loans and overdraft within one year 373,958 328,087 373,958 328,087 On leases 10,431 14,436 10,431 14,436 On term loan 28,878 45,637 28,878 45,637
413,267 388,160 413,267 388,160
5 LOSS BEFORE TAXATION
Loss before taxation is stated after charging: Depreciation 296,673 303,149 294,651 297,204 Auditors’ remuneration 11,000 10,000 10,000 9,000 Restructuring cost 525,371 20,928 525,371 -
Restructuring Cost consists;
Impairment of property plant & equipment 305,123 - 305,123 - Impairment of Engineering spares 138,654 - 138,654 - Write down of Raw materials 23,883 - 23,883 - Redundancy and other employment costs 57,711 20,928 57,711 -
525,371 20,928 525,371 -
38 2012 Annual Report & Financial Statements Notes to the Financial Statements for the year ended 31 December 2012
2012 2011 2012 2011 GROUP GROUP COMPANY COMPANY N’000 N’000 N’000 N’000 6 INCOME TAX EXPENSE Based on the profit for the year as adjusted for tax at 30% (Subsidiary Coy - Minimum tax) - 578 - - Prior year under provision - 112,383 - 112,383 Education tax at 2% - 2,543 - 1,930 Deferred tax asset (48,847) (45,032) (48,847) (34,070)
(48,847) 70,471 (48,847) 80,243
The balances on the tax accounts are analyzed as follows:
CURRENT INCOME TAX LIABILITIES At the beginning 139,722 69,393 109,424 9,181 Charge for the year - 112,695 - 111,505 Tax paid during the year (89,186) (11,262) (89,186) (11,262) Witholding tax credit utilised - (31,104) - -
Balance at the end 50,536 139,722 20,238 109,424
7 Property, plant and equipment - GROUP Leasehold Plant Furniture Motor Construction Land and and and Vehicles Work in Total Buildings machinery equipment progress N’000 N’000 N’000 N’000 N’000 N’000 COST OR VALUATION At 1 January 2011 4,798,296 3,686,274 217,042 157,740 111,263 8,970,615 Additions 3,654 95,872 46,290 2,470 - 148,286 Reclassification - 111,263 - - (111,263) - Disposals - (9,094) - (10,526) - (19,620)
At 31 December 2011 4,801,950 3,884,315 263,332 149,684 - 9,099,281
Additions 10,357 19,391 19,036 5,880 600 55,264 Disposals - - (1,688) (11,691) - (13,379)
At 31 December 2012 4,812,307 3,903,706 280,680 143,873 600 9,141,166
DEPRECIATION At 1 January 2011 103,962 2,158,926 217,042 122,783 - 2,602,713 Charge for the year 52,132 311,271 18,663 14,005 - 396,071 Disposals - (7,009) - (5,763) - (12,772)
At 31 December 2011 156,094 2,463,188 235,705 131,025 - 2,986,012
Charge for the year 54,537 216,027 15,911 10,198 296,673 Impairment - 305,123 - - - 305,123 Disposals - (1,411) (11,691) (13,102)
At 31 December 2012 210,631 2,984,338 250,205 129,532 - 3,574,706
NET BOOK AMOUNT At 31 December 2012 4,601,676 919,368 30,475 14,341 600 5,566,460
At 31 December 2011 4,645,856 1,421,127 27,627 18,659 - 6,113,269
2012 Annual Report & Financial Statements 39 Notes to the Financial Statements for the year ended 31 December 2012
Property plant and equipment - COMPANY Leasehold Plant Furniture Motor Construction Land and and and Vehicles Work in Total Buildings machinery equipment progress N’000 N’000 N’000 N’000 N’000 N’000 COST OR VALUATION At 1 January 2011 4,472,980 3,534,147 241,830 128,670 71,676 8,449,303 Additions 3,654 136,440 5,722 2,470 - 148,286 Reclassification - 71,676 - - (71,676) - Transfer from Subsidiary - 63,676 5,039 5,193 - 73,908 Disposals - - (118) (8,526) - (8,644)
At 31 December 2011 4,476,634 3,805,939 252,473 127,807 - 8,662,853
Additions 10,357 19,391 19,036 5,880 600 55,264 Disposals - - (1,688) (11,691) - (13,379)
At 31 December 2012 4,486,991 3,825,330 269,821 121,996 600 8,704,738
DEPRECIATION At 1 January 2011 95,616 2,160,766 207,675 100,090 - 2,564,147 Charge for the year 50,409 215,503 17,888 13,404 - 297,204 Disposals - - (118) (5,096) - (5,214)
At 31 December 2011 146,025 2,376,269 225,445 108,398 2,856,137
Charge for the year 52,630 215,912 15,911 10,198 - 294,651 Impairment - 305,123 - - - 305,123 Disposals (1,411) (11,691) (13,102)
At 31 December 2012 198,655 2,897,304 239,945 106,905 - 3,442,809
NET BOOK AMOUNT At 31 December 2012 4,288,336 928,026 29,876 15,091 600 5,261,929
At 31 December 2011 4,330,609 1,429,670 27,028 19,409 - 5,806,716
The principal plant and equipment aassets are depreciated over their useful life as determined by the plant engineers and certified by the unit head. In many cases this means that old assets are ‘re-lifed’ since the company still uses them and continues to do so. The relifing gives a reduction in future depreciation. For expenditure subsequent to 1 Jan 2011 has been capitalised only when it is probable that it will give rise to future economic benefits in excess of the originally assesed standard of performance or when it significantly extends the useful life of a asset. Leasehold land and buildings were last revalued in October 2009 by Jide Taiwo & Co, a professional firm of Estate Surveyors and Valuers on the basis of open market capital values. The assets are reflected in this financial statement at that valuation. Assets other than Leasehold land and buildings are stated at cost. Costs accumulated under construction work in progress are not depreciated until the completion and use of the assets. Following the revaluation of Land and Building in 2009, the depreciation policy of the Company on Land and Building was changed such that the asset will be depreciated over the unexpired lease period. Long leasehold 4,400,364 4,117,200
Included in plant and machinery is the value of a roll forming machine acquired under a finance lease in the Subsidiary Company.
The net book value at the year end is analysed as follows;
40 2012 Annual Report & Financial Statements Notes to the Financial Statements for the year ended 31 December 2012
2012 2011 2012 2011 Group Group Company Company N’000 N’000 N’000 N’000 Cost 80,611 80,611 - - Depreciation (65,160) (57,099) - -
15,451 23,512 - -
Had the leasehold land and building not been revalued their cost and net book value would be N’000 Cost 67,279 Depreciation 27,727
Net 39,552
8 Investment in Subsidiaries; First Aluminium Nigeria Plc has a wholly -owned subsidiary, Aluminium City Limited, which was incorporated on 21 September 1995. It commenced business on 1 February 1996 and was engaged in the purchase and sale of aluminium products, building components and accessories.Trading ceased in 2010 where upon its assets less liabilities were transferred to Rolly Mill at book value. FAN Plc Alucity Ltd. Total N’000 N’000 N’000 Condensed results of operation Turnover 8,639,181 - 8,639,181 Gross profit 149,029 149,029 Operating (Loss)/profit (651,801) 11,751 (640,050) (Loss)/Profit before taxation (1,064,990) 11,751 (1,053,239) (Loss)/Profit after taxation (1,016,143) 11,751 (1,004,393) Condensed financial position Non current assets 5,716,670 331,789 6,048,459 Current assets 3,054,286 (236,478) 2,817,808 Current (liabilities) (3,301,612) (59,493) (3,361,105) Non current (liabilities) (947,133) (44,629) (991, 762) Net assets 4,522,211 (8,811) 4,513,400 Condensed cash flow Net cash generated from operating activities 258,831 (2,169) 256,662 Net cash generated from investing activities (54,209) - (54,209) Net cash generated from financing activities (808,772) - (808,772)
Movement in cash and cash equivalents (604,150) (2,169) (606,319)
Subsidiary financial split a. Cash and bank balances 56,897 834 57,731 b. Bank overdraft 647,849 - 647,849 c. Import finance facility 1,524,770 - 1,524,770 d. Finance lease 42,398 - 42,398 e. Term loans 259,334 - 259,334 f. Commercial paper 341,500 - 341,500
2012 Annual Report & Financial Statements 41 Notes to the Financial Statements for the year ended 31 December 2012
2012 2011 2012 2011 Group Group Company Company 9 LONG TERM RECEIVABLES N’000 N’000 N’000 N’000 Balance 1 January 5,822 5,822 5,822 5,822 Impairment (5,822) - (5,822) -
Balance 31 December - 5,822 - 5,822
This represents 4,735,146 ordinary shares of 50 kobo each of the company reserved for the Employees Trust Scheme. The indebtedness is being recovered from dividend accruing on these shares, in accordance with the trust deed, on the basis of 50% of the net dividend received by the trust on these shares. No dividend was received in 2012 financial year. Inview of the fact that the Company has not declared dividend for the past five years, the outstanding balance on Long term receivable has been impaired to zero value. 2012 2011 2012 2011 Group Group Company Company N’000 N’000 N’000 N’000 10 DEFERRED TAX ASSETS Balance 1 January 396,644 362,574 396,644 362,574 Provision from Comprehensive Income 48,847 34,070 48,847 34,070 Provision from other Comprehensive Income - - - -
Balance 31December 445,491 396,644 445,491 396,644
The deferred taxation arises due to the tax written down values of the assets being in excess of the net book value of such assets and the provision for gratuity liability which becomes allowable for tax purposes when paid.
11 LONG TERM ASSETS This amount represents withholding tax (WHT) credit from the Federal Inland Revenue Service (FIRS). This is the value of tax certificates received from customers who deducted WHT from the subsidiary Company’s invoices and remitted to FIRS.
2012 2011 2012 2011 12 INVENTORIES Group Group Company Company N’000 N’000 N’000 N’000 Raw materials 566,997 888,295 566,997 888,295 Write down to estimated realiseable value (23,883) - (23,883) -
Raw materials 543,114 888,295 543,114 888,295 Work in progress 261,844 241,883 261,844 241,883 Finished goods 631,701 583,470 631,701 573,982 Contract Materials 7,492 - - - Goods in transit 629,848 781,402 629,848 781,402
2,073,999 2,495,050 2,066,507 2,485,563
Stores materials 355,361 384,294 355,361 384,294 Engineering spares Impairment (138,654) - (138,654) -
216,707 384,294 216,707 384,294
Total 2,290,706 2,879,344 2,283,214 2,869,857
42 2012 Annual Report & Financial Statements Notes to the Financial Statements for the year ended 31 December 2012
2012 2011 2012 2011 Group Group Company Company N’000 N’000 N’000 N’000 13 TRADE AND OTHER RECEIVABLES TRADE RECEIVABLES Trade receivables 262,687 315,938 262,687 315,938 Provision for doubtful Receivables (45,385) (76,708) (45,385) (76,708)
Net Trade Receivables 217,302 239,230 217,302 239,230
OTHER RECEIVABLES Amount due from related parties (notes 14, 32) 46,854 54,146 293,422 294,694 Other debtors 97,630 82,022 95,866 74,398 Prepayments 107,585 116,633 107,585 116,633
252,069 252,801 496,873 485,725
Total Trade and other receivables 469,371 492,031 714,175 724,955
Age analysis of provision for doubtful Receivables 30 - 45 days - - - - 45 - 60 days - - - - 60 - 90 days - - - - 60 - 90 days - - - - 90 - 120 days - - - - 120 days & Above 45,385 76,708 45,385 76,708
14. AMOUNT DUE FROM RELATED COMPANY (NOTE 32)
2012 2011 2012 2011 Group Group Company Company N’000 N’000 N’000 N’000 Aluminium City Limited - Subsidiary - - 246,568 240,548 African Oil Field Services Limited 6,893 2,674 6,893 2,674 Gerad Limited 6,244 25,397 6,244 25,397 Inlaks Computers Limited 3,227 1,798 3,227 1,798 Inlaks Power Solutions Limited 30,490 24,277 30,490 24,277
46,854 54,146 293,422 294,694
2012 2011 2012 2011 Group Group Company Company N’000 N’000 N’000 N’000 15 SHORT TERM BORROWINGS Bank overdraft 647,849 634,118 647,849 634,118 Import finance facility 1,524,770 1,102,203 1,524,770 1,102,203 Term loan obligation (note 18) 243,232 347,126 243,232 347,126
2,415,851 2,083,447 2,415,851 2,083,447
2012 Annual Report & Financial Statements 43 Notes to the Financial Statements for the year ended 31 December 2012
As at 31 December 2012, the Company had available Bank loans and overdraft facilities amounting to N4.1 billion (2011; N4.3 billion) out of which N2.4 billion (2011; N2.08 billion) was utilized. The facilities are secured with; Negative pledge on the Company’s assets; stock hypothecation backed by letter of pledge and trust receipt, lien on shipping documents and the goods imported,drafts and cheques in clearing, and facility drawdown tenored against specific transactions
2012 2011 2012 2011 Group Group Company Company N’000 N’000 N’000 N’000 16 TRADE AND OTHER PAYABLES Trade payables 446,669 414,665 444,477 410,619 Customers’ deposits 129,580 170,617 112,530 148,834 Obligations under finance leases (note 18) 36,977 43,122 36,977 43,122 Amount due to related Company (note 17) 20,991 24,005 20,991 24,005 Bills for Collection 19,419 182,746 19,419 182,746 Other creditors and accruals 241,082 260,628 222,629 218,944
888,218 1,087,283 857,023 1,028,271
The directors consider that the carrying amount of trade and other payables approximates to their fair value
2012 2011 2012 2011 Group Group Company Company N’000 N’000 N’000 N’000 17 AMOUNT DUE TO RELATED COMPANY Gerad Limited (note 32) 20,991 24,005 20,991 24,005
18 BORROWINGS DUE AFTER MORE THAN ONE YEAR Obligations under finance leases 5,061 47,250 5,061 47,250 Commercial Paper 341,500 141,500 341,500 141,500 Obligation under term loans 16,102 259,379 16,102 259,379
At 31 December 362,663 448,129 362,663 448,129
The availability and utilization of commercial notes worth N341.5 million has been extended beyond one year tenor; these bear interest at prevailing market rates to be paid on a quarterly basis. The balances on the lease and term loan accounts are analyzed as follows:
2012 2011 2012 2011 Group Group Company Company N’000 N’000 N’000 N’000 LEASE OBLIGATIONS: Balance 1 January 90,732 76,202 90,732 76,202 New lease in the year - 50,000 - 50,000 Repayment during the year (48,334) (35,830) (48,334) (35,830)
Balance 31 December 42,398 90,372 42,398 90,372
44 2012 Annual Report & Financial Statements Notes to the Financial Statements for the year ended 31 December 2012
2012 2011 2012 2011 Group Group Company Company N’000 N’000 N’000 N’000 Analyzed into: Due within one year 36,977 43,122 36,977 43,122 Due after more than one year 5,061 47,250 5,061 47,250
Amount due on the lease is repayable on a reducing balance method. The outstanding balance as analyzed is repayable on monthly and quarterly bases, with the last instalment due in 2014 TERM LOAN OBLIGATIONS: Balance 1 January 606,505 604,010 606,505 604,010 New term loan in the year - 579,695 - 579,695 Repayment during the year (347,171) (577,200) (347,171) (577,200)
Balance 31 December 259,334 606,505 259,334 606,505
Analyzed into: Due within one year 243,232 347,126 243,232 347,126 Due after more than one year 16,102 259,379 16,102 259,379
The term loan obligation represents the outstanding amount of N579.7M received from BOI through Mainstreet Bank Limited in 2011. This was used to Refinance the paint line investment in the Rolling Mill in Port Harcourt. The loan is for a period of three years. The last instalment is due in 2013. 2012 2011 2012 2011 GROUP GROUP COMPANY COMPANY N’000 N’000 N’000 N’000 19 RETIREMENT OBLIGATIONS Balance 1 January 231,600 220,129 231,600 207,334 Accrued within the year 54,958 37,578 54,958 37,578 Payment during the year (29,580) (26,107) (29,580) (13,312) Write back of excess provision (63,024) - (63,024) -
Balance 31 December 193,954 231,600 193,954 231,600
Under IFRS the Gratuity scheme in FAN is considered a Defined Benefit scheme since the company is obliged to pay a sum of money when an employee leaves or reaches the mandatory retirement age of 55 years . In recent years the gratuity to all junior and senior staff was paid paid out in cash so our liability principally represents our obligation to management. Under GAAP the liability was an up-to-date calculation in the balance sheet but reflects only the historic value of the employee’s retirement obligation and it quantifies what would be paid to every employee if they left immediately.
Under IFRS we have to calculate what the net present value of the future liability is assuming everyboby works until 55. This involves estmating future wage inflation but also a rate at which cash could be invested so as to grow to maturity on each employee’s 55th birthday. The gain on restructuring has arisen because we have extingushed the future obligation for staff who left before they reached 55.
The Group also operates a defined contribution pension scheme
2012 Annual Report & Financial Statements 45 Notes to the Financial Statements for the year ended 31 December 2012
20 DEFERRED TAX 2012 2011 2012 2011 GROUP GROUP COMPANY COMPANY N’000 N’000 N’000 N’000 Balance 1 January 17,354 28,316 - - Write Back - (10,962) - - Charge on revaluation surplus 417,791 - 390,516 -
Balance 31 December 435,145 17,354 390,516 -
21 CALLED UP SHARE CAPITAL Authorised: 4,000,000,000 (2011: 4,000,000,000) ordinary shares of 50k each 2,000,000 2,000,000 2,000,000 2,000,000
Issued and fully paid: 2,110,359,242 (2011: 2,110,359,242) ordinary shares of 50k each At 1 January 1,055,333 1,055,333 1,055,333 1,055,333
At 31 December 1,055,333 1,055,333 1,055,333 1,055,333
22 SHARE PREMIUM At 1 January 1,659,748 1,659,748 1,659,748 1,659,748
At 31 December 1,659,748 1,659,748 1,659,748 1,659,748
23 OTHER RESERVES - GROUP Available for Capital Total Retained sale investments Reserve Earnings N’000 N’000 N’000 N’000 At 1 January 2012 2,225 4,467,643 4,469,868 (1,248,839) Net of tax revaluation (526) - (526) - Loss for the year - - (1,004,393) Deferred tax liability on revaluation surplus - (417,791) (417,791) -
At 31 December 2012 1,699 4,049,852 4,051,551 (2,253,232)
OTHER RESERVES - COMPANY At 1 January 2012 2,225 4,184,479 4,186,704 (972,389) Net of tax revaluation (526) - (526) - Loss for the year - - - (1,016,143) Deferred tax liability on revaluation surplus - (390,516) (390,516) -
At 31 December 2012 1,699 3,793,963 3,795,662 (1,988,532)
46 2012 Annual Report & Financial Statements Notes to the Financial Statements for the year ended 31 December 2012
2012 2011 2012 2011 GROUP GROUP COMPANY COMPANY 24 RECONCILIATION OF OPERATING PROFIT N’000 N’000 N’000 N’000 TO NET CASH FLOW OPERATING ACTIVITIES Trading profit / (loss) (703,438) 141,735 (699,284) 110,340 Other income 62,688 60,408 46,783 57,810 Depreciation charges 296,673 303,149 294,651 297,204 Impairment of Property plant and equipment 305,123 - 305,123 - Impairment of Long term receivables 5,822 - 5,822 - Net decrease available for sale Investment 248 - 248 - Net asset transfered from Subsidiary - - - (73,908) Decrease/(Increase) in inventories 588,638 145,826 586,643 (4,676) Decrease in trade receivables 22,659 163,163 10,780 114,607 Decrease in long term assets - 31,104 - - Withholding Tax balance utilised - (31,104) - - Tax Paid (89,186) (11,262) (89,186) (11,262) Decrease in deferred tax liability - 66,340 - - Decrease/(Increase) in trade payables/accruals (232,564) (84,802) (202,749) 304,424
Net cash inflow from operating activities 256,662 784,557 258,831 794,539
25 ANALYSIS OF CASH AND CASH EQUIVALENTS DURING THE YEAR Opening cash balance (27,753) (51,611) (24,749) (42,043) Add: Opening borrowing 1,877,821 2,174,019 1,877,821 2,174,019 Less: Closing borrowing (2,514,119) (1,877,821) (2,514,119) (1,877,821) Add: Closing cash balance 57,731 27,753 56,897 24,749
(Decrease)/Increase in cash and cash equivalents (606,320) 272,340 (604,150) 278,904
26 CAPITAL COMMITMENTS Capital expenditure authorised: Committed - - - - Not yet committed - - - -
- - - -
27 CONTINGENT LIABILITIES There were no material contingent liabilities as at 31 December 2012 (31 December 2011: Nil)
28 END OF SERVICE BENEFITS Pensions The company complies with the provisions of the pension Reform Act 2004 whereby both employer and employee Contribute 7.5% of total emoluments on monthly basis. Both employer and employee Contributions are remited monthly to the employees chosen Pension Fund Aministrators (PFA). Employer contribution N26.3m (2011: N22.2m) has been charged to the profit and loss accounts.
2012 Annual Report & Financial Statements 47 Notes to the Financial Statements for the year ended 31 December 2012
29 DIRECTORS AND EMPLOYEES The average weekly number of employees (including directors) employed by the company in the year was 2012 2011 2012 2011 CATEGORIES GROUP GROUP COMPANY COMPANY NUMBER NUMBER NUMBER NUMBER Management 40 52 40 42 Non-management 238 435 238 435
278 487 278 477
Staff cost for the above persons: Wages, salaries and benefits 514,225 525,308 514,225 506,291 Other pension and retirement costs 69,434 66,084 69,434 66,084
583,659 591,392 583,659 572,375
Staff cost comprise; Executive Directors & Management 56,629 52,819 56,629 52,819 Non-management 527,030 538,573 527,030 519,556
583,659 591,392 583,659 572,375
Post exit pay included in employees remuneration 26,300 22,200 26,300 22,200
29 DIRECTORS AND EMPLOYEES (Cont’d) The number of employees, other than directors, who earned more than N200,000 in the year was as follows:
2012 2011 2012 2011 GROUP GROUP COMPANY COMPANY NUMBER NUMBER NUMBER NUMBER 200,000 300,000 42 133 42 133 300,001 400,000 100 81 100 81 400,001 500,000 78 65 78 65 500,001 600,000 77 60 77 60 600,001 700,000 40 38 40 38 700,001 800,000 54 42 54 42 800,001 900,000 10 19 10 19 900,001 1,000,000 18 14 18 14 1,000,001 2,000,000 61 25 61 25 2,000,001 3,000,000 1 2 1 2 3,000,001 4,000,000 4 2 4 2 4,000,001 5,000,000 2 3 2 3 5,000,001 10,000,000 1 1 1 1 ABOVE 10,000,000 - 2 - 2
48 2012 Annual Report & Financial Statements Notes to the Financial Statements for the year ended 31 December 2012
DIRECTORS 2012 2011 2012 2011 GROUP GROUP COMPANY COMPANY N’000 N’000 N’000 N’000 The remuneration paid to the directors was; Emoluments (including fees, pension contribution and benefits in kind) 37,529 34,203 37,529 34,203
Fees and other emoluments disclosed above (excluding pension contributions) include amounts paid to: The chairman 801 978 801 978
The highest paid director 13,712 11,863 13,712 11,863
DIRECTORS AND EMPLOYEES (Cont’d) The number of directors (including the chairman and the highest paid director) who received fees and other emoluments (excluding pension contributions) in the following ranges was:
2012 2011 2012 2011 GROUP GROUP COMPANY COMPANY =N= =N= NUMBER NUMBER NUMBER NUMBER Less than - 500,000 3 0 3 - 500,001 - 1,000,000 2424 1,000,001 - 10,000,000 - 1 - 1 10,000,001 - 15,000,000 3 2 3 2
30 TRANSACTIONS WITH DIRECTORS During the period, the group had no transactions with directors.
31 TRANSACTIONS WITH OFFICERS Included in trade and other receivables (Note 13) are loans to officers of the Company amounting to N11,154,493 (2011; N15,131,859). These loans are non-interest bearing and repayable through payroll deductions Loans to officers are secured on their accrued end of service benefits.
32 RELATED PARTY TRANSACTIONS The Group is controlled by Alucon Holdings SA (Incorporated in Monaco) which owns 75% of the company’s shares. The analysis of shareholders as at Decemebr 31, 2012 is shown on page 4. The company does not know who the controlling party of the group is. The following transactions were carried out with related parties 2012 2011 N’000 N’000 Sales of services - associates - -
Purchase of goods 4,308,312 4,814,135 Purchase of services - NOTAP Agreement 170,843 164,000 Purchase of services - affiliates - -
The nature of sales to and purchases from affiliates relates solely to the recharge of or sharing of certain costs that are procured for the benefit of all such related companies and recharged at cost.
2012 Annual Report & Financial Statements 49 Notes to the Financial Statements for the year ended 31 December 2012
The company carries out most of its purchases of goods through a foreign agent (Gerad Limited), Gerad limited charges a handling commission of 0.5% of the value of purchases for rendering this service and this commission is included in the invoiced value of goods and services to the company. Year end balances arising from sales/purchases of goods/services are:
Group Group 2012 2011 N’000 N’000 Receivables from related parties (note 14) 46,854 54,146 Payables to related parties (note 17) Alucon 20,991 24,005 Other related --
Payables to related parties represents accrued technical service. Balances with related parties do not attract interest, and payable net of appropriate taxes.
33 EARNINGS PER SHARE Earnings per share, have been calculated using the number of shares in issue as at 31 December 2012.
34 AVAILABLE FOR SALE FINANCIAL ASSETS The investment represents the market value of shares in First City Monument Bank (‘FCMB’) which is listed on the Nigerian Stock Exchange and denominated in Naira. 2012 2011 N’000 N ‘000 Beginning of the year 7,524 13,860 (Loss) transferred to equity (774) (6,336)
End of year 6,750 7,524
35 RECLASSIFICATION Certain prior year balances have been reclassified to enhance comparability with current period balances.
50 2012 Annual Report & Financial Statements Notes to the Financial Statements for the year ended 31 December 2012
36 IFRS CONVERSION FROM NIGERIA GAAP FOR THE YEAR ENDING DEC 31 2011
GROUP N’000 N’000 N’000 N’000 N’000 N’000 N’000 N’000 Nigerian Available Employee Fixed Reclassify Reclassify Reclassify GAAP for sale benefits asset interest outbound closure IFRS Investment obligations relifing received freight costs Turnover 8,639,181 77,398 8,867,453 Cost of sales (8,466,291) 92,922 20,928 (8,352,441)
Gross profit 323,764 92,922 77,398 20,928 515,012
Operating expenses (274,951) (19,017) (77,398) (20,928) (392,294)
Other Operating Income 61,124 (270) 60,854 Trading profit 109,937 (19,017) 92,922 (270) 183,572 Finance Costs (388,160) 270 (387,890) Loss before Taxation (278,223) (19,017) 92,922 (204,318) Income tax expense (46,821) 6,085 (29,735) (70,471)
Loss for the year (325,044) (12,932) 63,187 (274,789)
Other comprehensive loss (after tax) (3,528) (3,528)
Total comprehensive loss attributable to equity holders of the company (325,044) (3,528) (12,932) 63,187 - (278,317)
COMPANY N’000 N’000 N’000 N’000 N’000 N’000 N’000 Nigerian Available Employee Fixed Reclassify Reclassify GAAP for sale benefits asset interest outbound IFRS investment obligations relifing received freight
Turnover 8,549,878 77,398 8,627,276 Cost of sales (8,384,131) 92,922 (8,291,209)
Gross profit 165,747 92,922 77,398 336,067
Operating expenses (222,234) (19,017) (77,398) (318,649) Other operating Income 58,796 (270) 58,526 Trading profit 2,309 (19,017) 92,922 (270) 75,944 Finance Costs (388,160) 270 (387,890) Loss before Taxation (385,851) (19,017) 92,922 (311,946) Income tax expense (56,593) 6,085 (29,735) (80,243)
Loss for the year (442,444) (12,932) 63,187 (392,189)
Other comprehensive loss (after tax) (3,528) (3,528)
Total comprehensive loss attributable to equity holders of the company (442,444) (3,528) (12,932) 63,187 (395,717)
Cash and cash equivalents were unchanged as a result of the GAAP to IFRS Conversion
2012 Annual Report & Financial Statements 51 Notes to the Financial Statements for the year ended 31 December 2012
36 IFRS CONVERSION FROM NIGERIA GAAP (cont)
Restatement of prior year reserves Available for employee GROUP Nigerian GAAP Sale benefits IFRS Jan 1 2011 investment obligations Jan 1 2011 Assets Non current assets Property plant and equipment 6,274,980 6,274,980 Available for sale investments 5,400 8,460 13,860 Long term receiveables 5,822 5,822 Deferred tax 362,574 362,574 Other long term assets 60,862 60,862
Total non current assets 6,709,638 8,460 6,718,098
Total current assets 3,798,315 3,798,315
Total assets 10,507,953 8,460 10,516,413
Liabilities Current laibilities Loans 2,452,636 2,452,636 Trade and other payables 1,150,369 1,150,369 Taxation 91,740 2,707 (25,054) 69,393 Other financial liabilities 8,500 8,500
Total current liabilities 3,703,245 2,707 (25,054) 3,680,898
Non current liabilities Employee benefit obligations 133,374 86,755 220,129 Deferred tax 28,316 28,316 Other borrowings 372,643 372,643
Total non current liabilities 534,333 86,755 621,088
Total liabilities 4,237,578 2,707 61,701 4,301,986
Net assets 6,270,375 5,753 (61,701) 6,214,427
Equity Share capital 1,055,333 1,055,333 Share premium 1,659,748 1,659,748 Other reserves 4,467,643 5,753 4,473,396 Retained earnings (912,349) (61,701) (974,050)
Total equity attributable to owners of the parent company 6,270,375 5,753 (61,701) 6,214,427
52 2012 Annual Report & Financial Statements Notes to the Financial Statements for the year ended 31 December 2012
36 IFRS CONVERSION FROM NIGERIA GAAP (cont)
Restatement of prior year reserves Available for employee Nigerian GAAP Sale benefits IFRS COMPANY Jan 1 2011 investment obligations Jan 1 2011 Assets Non current assets Property plant and equipment 5,885,156 5,885,156 Investment in subsidiary 2,500 2,500 Available for sale investments 5,400 8,460 13,860 Long term receiveables 5,822 5,822 Deferred tax 362,574 362,574 Other long term assets 0 Total non current assets 6,261,452 8,460 6,269,912
Total current assets 4,010,304 4,010,304
Total assets 10,271,756 8,460 10,280,216
Liabilities Current laibilities Loans 2,052,519 2,052,519 Trade and other payables 1,378,561 1,378,561 Taxation 31,528 2,707 (25,054) 9,181 Other financial liabilities 8,500 8,500
Total current liabilities 3,471,108 2,707 (25,054) 3,448,761
Non current liabilities Employee benefit obligations 120,579 86,755 207,334 Other borrowings 372,643 372,643
Total non current liabilities 493,222 86,755 579,977
Total liabilities 3,964,330 2,707 61,701 4,028,738
Net assets 6,307,426 5,753 (61,701) 6,251,478
Equity Share capital 1,055,333 1,055,333 Share premium 1,659,748 1,659,748 Other reserves 4,184,479 5,753 4,190,232 Retained earnings (592,134) (61,701) (653,835)
Total equity attributable to owners of the parent company 6,307,426 5,753 (61,701) 6,251,478
2012 Annual Report & Financial Statements 53 Value Added Statements for the year ended 31 December 2012
2012 2011 2012 2011 GROUP % GROUP % COMPANY % COMPANY % N’000 N’000 N’000 N’000
Turnover 8,639,181 8,867,453 8,639,181 8,627,276
Other income 63,388 61,124 47,483 58,526
Purchase of goods and services - Foreign (4,308,312) (4,814,135) (4,308,312) (4,814,135)
Purchase of goods and services - Local (3,677,451) (3,038,867) (3,626,472) (2,838,838)
VALUE ADDED 716,806 100.0 1,075,575 100.0 751,880 100 1,032,829 100.
APPLIED AS FOLLOWS
EMPLOYEES Salaries, wages and other benefits 583,659 81.4 591,392 55 583,659 83.0 591,392 57
PROVIDERS OF FUNDS Interest 413,189 57.6 388,160 36 413,189 58.8 388,160 38
GOVERNMENT Taxation (48,847) (6.8) 67,663 6 (48,847) (6.9) 77,435 7
THE FUTURE - Depreciation 296,673 41.4 303,149 28 294,651 41.9 297,204 29
Impairment 525,371 73.3 - - 525,371 74.7 - -
Retained loss (1,053,239) (146.9) (274,789) (26) (1,064,990) (151.5) (321,362) (31)
VALUE ADDED 716,806 100 1,075,575 100 703,034 100 1,032,829 100
This statement represents the wealth created by the efforts of the company and its employees and the allocation of such wealth between the employees, shareholders and other providers of funds, government and re-investment for the future creation of wealth.
54 2012 Annual Report & Financial Statements Five Year Financial Summary - Group for the year ended 31 December 2012
IFRS IFRS Nigerian GAAP 2012 2011 2010 2009 2008 restated restated N’000 N’000 N’000 N’000 N’000 FUNDS EMPLOYED
Share capital 1,055,333 1,055,333 1,055,333 1,055,333 1,055,333 Share premium 1,659,748 1,659,748 1,659,748 1,659,748 1,659,748 Other reserves 4,051,551 4,469,868 4,473,396 4,489,643 200,275 Retained earnings (2,253,232) (1,248,839) (974,050) (577,762) (626,079)
Shareholders’ interest 4,513,400 5,936,110 6,214,427 6,626,962 2,289,277
Long term loan 362,663 448,129 372,643 239,259 206,400 Deferred taxation 435,145 17,354 28,316 - 25,782
5,311,208 6,401,593 6,615,386 6,866,221 2,521,459
EMPLOYMENT OF FUNDS Property, Plant & Equipment 5,566,460 6,113,269 6,274,980 6,271,916 2,183,308 Available for Sale Investment 6,750 7,524 13,860 5,400 5,400 Long term receivables - 5,822 5,822 5,822 5,822 Deferred tax assets 445,491 396,644 362,574 340,278 322,830 Long term assets 29,758 29,758 60,862 125,625 127,673 Current assets less liabilities and Charges (737,251) (151,424) (102,712) 117,280 (123,574)
5,311,208 6,401,593 6,615,386 6,866,321 2,521,459
- - SALES AND PROFIT Turnover 8,639,181 8,867,453 8,760,477 8,289,986 8,080,063 (Loss)/Profit before taxation (1,053,239) (204,318) (298,070) 59,621 (473,092) Taxation 48,847 (70,471) (36,516) (11,305) 174,440
(Loss)/Profit after taxation (1,004,393) (274,789) (334,586) 48,316 (298,652) Other comprehensive income / (loss) net of tax (526) (3,528)
Total recognised (loss) for the year (1,004,919) (278,317) (334,586) 48,316 (298,652)
PER ORDINARY SHARE (Adjusted) (Loss)/Profit after tax (k) (47.6) (13.2) (15.9) 2.3 (23.2) Book value (k) 231.9 294.2 297.1 314.0 177.5
OTHER STATISTICS Capital expenditure 55,264 148,286 476,112 147,583 248,164 No.of shareholders at the year end 12,772 12,772 13,002 13,116 13,030 No.of employees at the year end 278 487 541 572 529
2012 Annual Report & Financial Statements 55 Five Year Financial Summary - Company for the year ended 31 December 2012
IFRS IFRS Nigerian GAAP Restated Restated 2012 2011 2010 2009 2008 N’000 N’000 N’000 N’000 N’000 FUNDS EMPLOYED Share capital 1,055,333 1,055,333 1,055,333 1,055,333 1,055,333 Share premium 1,659,748 1,659,748 1,659,748 1,659,748 1,659,748 Other reserves 3,795,662 4,186,704 4,190,232 4,206,479 200,275 Retained earnings (1,988,532) (972,389) (653,835) (553,725) (585,023)
Shareholders’ interest 4,522,211 5,929,396 6,251,478 6,367,835 2,330,333
Long term loan 362,663 448,129 372,643 239,259 206,400 Deferred taxation 390,516 - - - -
5,275,390 6,377,525 6,624,121 6,607,094 2,536,733
EMPLOYMENT OF FUNDS Property plant and equipment 5,261,929 5,806,716 5,885,156 5,857,058 2,033,726 Investment in subsidiary 2,500 2,500 2,500 2,500 2,500 Available for sale financial investments 6,750 7,524 13,860 5,400 5,400 Long term receivables - 5,822 5,822 5,822 5,822 Deferred tax assets 445,491 396,644 362,574 311,236 297,808 Current assets less liabilities and Charges (441,280) 158,319 354,209 425,078 191,477
5,275,390 6,377,525 6,624,121 6,607,094 2,536,733
- SALES AND PROFIT Turnover 8,639,181 8,627,276 8,488,610 7,740,481 7,375,573 (Loss)/Profit before taxation (1,053,239) (311,946) (78,662) 24,949 (331,029) Taxation 48,847 (80,243) 40,253 6,349 174,038
(Loss)/Profit after taxation (1,004,393) (392,189) (38,409) 31,298 (156,991) Other comprehensive income / (loss) net of tax (526) (3,528) - - -
Total recognised (loss) for the year (1,004,919) (395,717) (38,409) 31,298 (156,991)
PER ORDINARY SHARE (Adjusted) (Loss)/Profit after tax (k) (48.2) (15.3) (1.9) 1.5 (12.2) Book value (k) 214.3 281.0 298.8 301.7 180.7
OTHER STATISTICS Capital expenditure 55,264 148,286 459,446 140,323 227,468 No.of shareholders at the year end 12,772 12,846 13,002 13,116 13,030 No.of employees at the year end 278 487 474 505 461
56 2012 Annual Report & Financial Statements Share Capital History for the year ended 31 December 2012
At incorporation, the company’s authorized share capital was GBP10,000 comprising of 10,000 ordinary shares of 1 each. The shares were subdivided into ordinary shares of 50 kobo each on 21 July 1983. As at 10 May 1990, the authorized share capital was N30,000,000 comprising 60,000,000 ordinary shares of 50 kobo each. The following changes have taken place in the Company’s authorized and paid up capital since May 1990
The changes in the share capital of the Company since incorporation are summarized below:
Year Authorized (N’000) Issue & fully paid-Up (N’000) Consideration Increase Cummulative Increase Cummulative
31/12/83 ***10,000 10,000 1,546 1,546 - 31/12/90 ***20,000 30,000 3,093 4,639 Bonus 2:1 10/05/90 0 30,000 4,639 9,277 Bonus 1:1 31/12/90 0 30,000 20,050 29,327 Cash 12/08/92 0 30,000 673 30,000 Cash 13/07/93 20,000 50,000 0 30,000 Nil 08/06/95 100,000 150,000 0 30,000 Nil 14/12/95 0 150,000 30,000 60,000 Cash 30/09/97 0 150,000 809 60,809 Debenture 11/07/96 0 150,000 12,161 72,970 Bonus 1:3 30/09/97 0 150,000 215 73,185 Debenture 11/07/00 1000,000 250,000 0 73,185 Nil 24/11/00 0 250,000 45,741 118,926 Cash 26/07/01 0 250,000 39,642 158,568 Bonus 1:3 24/07/02 750,000 1,000,000 0 158,568 Nil 31/12/03 0 1,000,000 462,542 621,110 Public Offer 31/12/04 0 1,000,000 0 621,110 Nil 31/12/05 0 1,000,000 0 621,110 Nil 31/12/06 0 1,000,000 0 621,110 Nil 31/12/07 0 1,000,000 0 621,110 Nil 30/06/08 1,000,000 2,000,000 0 621,110 Nil 16/10/08 2,000,000 4,000,000 434,223 1,055,333 Rights Issue
*** In 1983, 10,000 GBP was exchanged at a rate of N1 to 1GBP
2012 Annual Report & Financial Statements 57 58 2012 Annual Report & Financial Statements Proxy Form
FIFTY THIRD ANNUAL GENERAL MEETING To be held at Lagos Airport Hotel, 111, Obafemi Awolowo Way, Ikeja, Lagos at 11:00 am prompt, on 15 May 2013.
I/We Notes ______1. Please sign this form and send it to reach the Registrar, Union Registrars Limited, 2 Burma Road, Apapa, Lagos no ______later than 11:00 am prompt on 13 May 2013. If executed by a corporation, this form should be sealed under its being a member/members of FIRST ALUMINIUM common seal or under the hand of some officer or an NIGERIA PLC hereby appoint attorney duly authorised in writing.
______2. Shareholder’s name to be inserted in BLOCK CAPITALS of ______in the space provided marked * In case of joint shareholders, any one of such may complete this form, but the name of all joint holders must be inserted. ______3. You may insert in the blank space marked ** the name of or failing him ______any person, whether a member of the Company or not, who will attend the meeting and, vote on your behalf. of ______Number of shares held Resolution For Against ______To receive the Financial Statements as my / our proxy to act and vote for me / us and on To re-elect directors my / our befalf at the Annual General meeting of the To authorise the director to fix the Company to be held on 15 May 2013 and at any remuneration of the auditors adjourment thereof. To elect members of the audit committee To approve the remuneration of the Dated______directors Please indicate with ‘X’ in the appropriate space how you Signature(s) wish your votes to be cast on the Resolution set out ______above. Unless otherwise instructed, the proxy will vote or abstain from voting at his discretion.
Admission Form Number of Shares Held
Please admit the shareholder named on this form or his duly appointed proxy to the Annual General Meeting to be held at 11:00 am prompt on Wednesday May 15 2013, at Lagos Aiport Hotel , 111, Obafemi Awolowo Way, Ikeja - Lagos.
Name of Shareholder
Signature(s) of Person Attending
NOTE: YOU ARE REQUESTED TO SIGN THIS FORM AT THE ENTRANCE IN THE PRESENCE OF THE REGISTRARS ON THE DAY OF THE ANNUAL GENERAL MEETING
2012 Annual Report & Financial Statements 59 Please affix postage stamp
The Registrar Union Registrars Ltd 2, Burma Road Apapa Lagos
60 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11372431 A. IYIOLA &SONS 133 EJIGBO ROAD IDIMU LAGOS LAGOS STATE 11325801 AARON CAROLINE UZUAZO 13, RUFAI STREET AJEGUNLE APAPA LAGOS 11096675 ABAI UDA U FIRST ALUMINIUM PRODUCTS PLC 20 MARINA, LAGOS LAGOS 11096847 ABAYOMI BARBARA ANGELA P.O.BOX 5681, SURULERE LAGOS 11371115 ABAZU EMEKA DANIEL 21 OKAGBUE -AGBA STREET WOLIWO LAY/OUT ONITSHA 11371588 ABBE ERHUNMWUNSE AYODEJI SPDC-EAST SCE-CCP BLK 2-RM O56 P.O.BOX 263 11096992 ABDUL GANIYU ADEMOLA C/O MRS M I ABDUL P M B 2074 ABEOKUTA OGUN STATE OGUN 11350362 ABDUL SALAM ABDUL LATEEF G.P.BOX 4513 MARINA LAGOS STATE 11096676 ABDULAHI MAHAMUDU FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11417159 ABDULGANIYY MONSURAT OMOWUNMI 6 ONDUN STREET KETU LAGOS 11326118 ABDULHAMID JAMILA 17 KOFAR KWARU,GKIN GIDAN SARKIN KANO P.M.B 3002 KANO 11372471 ABDULKAREEM ISMAIL DANLAM O P. O. BOX 1157 SABON GARI ZARIA 11397898 ABDULKAREEM RASHEEDAT C/O MRS ABDULKAREEM JUMONKE FEDERAL GOVT.COLLEGE OGIDI, ILORIN-KWARA STATE 11306490 ABDULLAHI SAIDU GOREBE NEPA DISTRICT OFFICE AJELE UNDERTAKING OFFICE PMB 12754, LAGOS 11371367 ABDULLAHI UMAR MASHI C/O GISEC LTD P.O.BOX 14427 KANO 11371187 ABDULRAHEEM MEDINAT C/O ALABI SIKIRU A. (COMPUTER SECTION) PMB 1382 11397261 ABDULRAZAK AMINA A. ABIKE C/O OLA JOSEPH P & T DEPT NICON HILTOM HOTEL, ABUJA P.M.B 200, FCT 11372213 ABE OLAYEMI BABATUNDE P.O.BOX 3655 APAPA LAGOS STATE 11096678 ABIODUN E P FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11370872 ABIODUN ADEWALE OLANIYI 18 BOLAJI BANWO STREET OFF ADETOLA STREET AGUDA 11096679 ABIOLA OLUSANYO P O BOX 9813 LAGOS, LAGOS STATE LAGOS 11371753 ABIOLA OMOWUNMI ALIRAT CO-OP. DEV. BANK PLC 3 ALLEN AVENUE IKEJA 11096680 ABORISHADE NOAH FIRST ALUMINIUM PRODUCTS PLC STORES DEPT AGEGE, LAGOS STATE LAGOS 11096681 ABRAHAM IBERAAN G. FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE 11371264 ABRAHAM ADEBAYO NO 65 IFEDAPO STREET OKORO OKETUTU BOX 9353 U. I. P.O 11372134 ABU AHMED OGBOANOR OGBOANOR COMPOUND OKPOKWILL P. O. BOX 449 11096838 ABUBAKAR YUSUF HAMISU NO 11 OHINOYI ROAD ANGUWAR RIMI KADUNA KADUNA 11096838 ABUBAKAR YUSUF HAMISU NO 11 OHINOYI ROAD ANGUWAR RIMI KADUNA KADUNA 11397259 ABUBAKAR AUWALU FATIHU P.O. BOX 11955 KANO, KANO STATE 11371951 ABUBAKAR MUHAMMAD BASHARI P.O.BOX 2834 KANO KANO STATE 11096858 ABUDU ATANDA ALAO P O BOX 996 OSHODI LAGOS STATE LAGOS 11096859 ABUDUL-RAHAMAN SAKARIYAU AYINDE P O BOX 2632 AGEGE LAGOS STATE LAGOS 11370714 ACHEBE NELSON OBINNA NO. 8 NKUME STREET OKPOKO ONITSHA 11303020 ADAJI ABRAHAM OLEMA P.O. BOX 235, NAVY TOWN P.O. NAVY TOWN, OJO LAGOS STATE 11912474 ADAMS BRIDGET C/O AUTRUS P.O.BOX 157 WARRI DELTA STATE 11096860 ADAMU AMINU KUDA AZARE NO 128/129 HOTORO QTRS KANO BOX 29 GYADI GYADI KANO KANO 11096685 ADAMU HAUWA P O BOX 10215 KANO, KANO STATE KANO 11096861 ADAMU NASIR 22 ROAD B CLOSE BLK 2 FLT 14 FESTAC TOWN LAGOS LAGOS 11303033 ADAMU HARUNA ISHAQ P.O.BOX 14427 KANO KANO STATE 11384426 ADARAN JAMIU OLUWASEGUN BLOCK 66, FLAT 1 PHASE III L.C.H. ESTATE ADENIJI ADELE ROAD LAGOS ISLAND, LAGOS 11327282 ADDY JONATHAN P. O. BOX 2169 BENIN CITY EDO STATE 11096851 ADEBAKIN ADETUNJI FOLU P O BOX 56439 FALOMO IKOYI LAGOS STATE 11096686 ADEBAYO JOSEPH P O BOX 2808 SURULERE, LAGOS LAGOS 11096923 ADEBAYO SAMUEL SUNDAY 12 FOLAYEMI STREET ILUPEJU MUSHIN LAGOS LAGOS 11912245 ADEBISI PHILOMENA CHIDINMA MANIVEST ASSET MGT. LIMITED, P.O. BOX 71806, VICTORIA ISLAND, LAGOS STATE, 11096917 ADEBIYI ADEREMI TEJUMADE 28 AKINSOJI STREET IGBOBI SOMOLU LAGOS 11096919 ADEBIYI ANTHONY ADEMIDUN P O BOX 7653 MARINA LAGOS LAGOS 11096768 ADEBIYI DAVID ADEOYE ALLEGED DEC’D ALLEGED DEC’D LAGOS 11370918 ADEBIYI ADETEJU ADETOKUNBO 28 AKINSOJI STREET SHOMOLU LAGOS STATE 11303040 ADEBIYI SAMMY ADEDOYIN P.O. BOX 3710 SABO-YABA LAGOS 11912342 ADEBOYE SUNDAY ALLSTATE TRUST BANK 39 DECO ROAD, WARRI DELTA STATE 11397796 ADEBUSUYI ROTIMI J.S 117 ALLEN AVENUE IKEJA LAGOS 11912337 ADEDAPO BAMIDELE AJOKE C/O MR. A.A. ADEDAPO P.Z NIG. PLC P.M.B 21132, IKEJA, LAGOS 11370617 ADEDAYO SEGUN PO BOX 71958 V/ISLAND - LAGOS 11096864 ADEDEJI OLATUNJI MUSEMILU NIG CUSTOM SERVICE P M B 3038 KANO KANO STATE KANO 11096865 ADEDIGBA GBADE ELISHA C/O M A BODUNRIN P.O.BOX. 69 ALAGBADO RAILWAY STATION OGUN 11096990 ADEDIJI BODE BOX 80094 VICTORIA ISLAND LAGOS 11397339 ADEDIPE ABDUL AKEEM BLOCK 273, FLAT 3 ILASAN ESTATE, LEKKI EPE EXPRESSWAY, ETI-OSA, LAGOS STATE 11305794 ADEDOKUN OLUFEMI BOX 10572 IBADAN OYO STATE 11096900 ADEDOTUN EZEKIEL AJIBADE SHELL PET DEV CO LTD EXPLORATION DEPT P O BOX 263 PORTHARCOURT RIVERS STATE 11372218 ADEDOYIN DANIEL KAYODE FLAT 2 FED ROAD KULENDE ESTATE PMB 1425 11097002 ADEEKO SANMI C/O EQUAATOR FINANCE AND SECURITIES LTD LAGOS LAGOS STATE 11371189 ADEFILA TUNDE JAMES C/O ALABI SIKIRU A. (COMPUTER SECTION) PMB 1382 11370892 ADEGBAYO REBECCA OLALONPE C/O MRS V. O. TAIWO D.L B. C. P. O. BOX 964 11096867 ADEGBESAN OLUBUNMI ADEWALE OLAD CONSULTANTS LTD C/O P O BOX 52186 FALOMO IKOYI LAGOS LAGOS
2012 Annual Report & Financial Statements 61 Unclaimed Dividends for the year ended 31 December 2012
11912233 ADEGBESAN OLUBUNMI ADEWALE OLAD CONSULTANTS LTD 4, AGARD STREET, YABA P.O. BOX 3068, SHOMOLU, LAGOS 11096688 ADEGBITE LASISI FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11370671 ADEGBOYE ADEBOLA NNPC /PPMC WARRI AREA OFFICE WARRI 11278350 ADEGBOYEGA IYIOLA P.O.BOX 945 IKEJA LAGOS 11371392 ADEGOKE DOCAS ADEOLA P.O.BOX 7751 SECRETARIAT IBADAN 11371619 ADEIFE MOJIRADE FADEKE P.O.BOX 2303 OSHODI LAGOS STATE 11372210 ADEJIMI GEORGE ABIODUN P.O.BOX 6181 KAKURI KADUNA 11371154 ADEJO EMMANUEL UKWUMONU #17A AKINREMI ST. OFF ANIFOWOSHE IKEJA 11096971 ADEKOLA HAKEEM ADEBOLA C/O P O BOX 1200 SOMOLU LAGOS LAGOS 11372107 ADEKOYA ADETOLA 46 AINA STREET IJESHA SURULERE LAGOS STATE 11417864 ADELANA OLUGBENGA EMMANUEL 5,PADE ODANYE CLOSE BY COCO BUS-STOP,OFF ADENIYI JONES AVENUE,IKEJA,LAGOS,LAGOS STATE 11096770 ADELEKE AYO NAL MERCHANT BANK PLC 20 MARINA LAGOS LAGOS 11096787 ADELEKE AYODELE P O BOX 50213 FALOMO IKOYI LAGOS 11371859 ADELEYE ABIMBOLA LUCY 58 SANYA STREET AGUDA SURULERE LAGOS STATE 11096771 ADEMOLA FELIX O P. O. BOX 3903, MARINA, LAGOS STATE, 11096691 ADEMOLU ABRAHAM FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11096945 ADEMULEUUN JACOB OGUNDANA SHELL PET.DEV.CO.LTD 21/22 MARINA P M B 2418 LAGOS LAGOS 11096911 ADENIJI DAUDA ADEOLA UNION BANK OF NIG PLC COMPUTER SERVICES DEPT P M B 1227 APAPA LAGOS LAGOS 11370997 ADENIJI ADENIKE OLAYEMI P. O. BOX 2344 AGEGE LAGOS STATE 11397780 ADENIJI OLUSEGUN FELIX PO BOX 29385 SECRETARIAT - IBADAN OYO STATE 11397256 ADENIJI OLUSEGUN FELIX PO BOX 29385 SECRETARIAT - IBADAN OYO STATE 11371733 ADENIJI OLUSEGUN FELIX P. O. BOX 29385 SECRETARIAT POST OFFICE IBADAN 11371311 ADENIJI SAMUEL ADEBAYO C/O FIRST BANK OF NIG PLC PMB 5016 ILESHA 11912411 ADENIJI-FASHOLA MOSES ADELEYE P.O.BOX 1302 EBUTE-METTA LAGOS 11306651 ADENIKEN ROWLAND 90 RAILWAY LINE MUSHIN LAGOS 11096788 ADENIYAN STANLEY OLATUNJI NAL MERCHANT BANK PLC 20 MARINA LAGOS 11096839 ADENIYI SALAMI EKUNDAYO P O BOX 4345 IKEJA LAGOS LAGOS 11174438 ADENIYI CHRISTIANAH YINKA P.O. BOX 7476 SHOMOLU, LAGOS LAGOS STATE 11417820 ADENIYI OMOTAYO OLUWATOBI 386, MURITAL MOHAMMED WAY YABA LAGOS STATE 11371505 ADENLE SAMUEL OLABISI NEPA DISTRICT OFFICE PMB 3002 IMO ABEOKUTA 11366444 ADENMOSUN SAMUEL OLUFUNMILAYO 215B,ETIM INYANG CRESCENT, V/I LAGOS 11371292 ADENUGA ADESOPE OLUWADAMISI 32 DESALU STREET EBUTE-METTA LAGOS STATE 11395041 ADENUGA SUNDAY OLUFEMI 13/15 AKANNI STREET SHOMOLU LAGOS 11372227 ADEOTOLA ABOSEDE ADEFOLAKE 2 AYINKE STREET AKOKA YABA LAGOS STATE 11912473 ADEOYE ADEREMI STEPHEN 14 OGO-OLUWA STREET SABO, OJODU IKEJA, LAGOS 11327489 ADEOYE ADESAYO OYETUNDE C/O SWAPS LTD LAGOS 11325701 ADEOYE ADETOLA OJO NW7/55 ADESINA STREET P.O.BOX 1933 ELEYELE IBADAN OYO STATE 11397828 ADEOYE DAVID MAYOKUN 8 GBADAMOSI STREET YAKOYO-OJODU IKEJA, LAGOS 11350364 ADEPOJU ADEDAPO MICHAEL P.O. BOX 8060, MARINA, LAGOS. LAGOS STATE. 11326039 ADEPOJU ADEDAPO MICHAEL P.O. BOX 8060, MARINA, LAGOS, LAGOS STATE. 11371888 ADEPOJU TUNDE ADE N. M. D. C. PMB 2116 JOS 11096833 ADEREMI OLADIMEJI MURTALA P O BOX 10895 IKEJA LAGOS LAGOS 11912423 ADERIN-LAWSON ADEROPO ADEYINKA 15,IJERO ROAD,OFF APAPA RD,EBUTE-METTA P.O.BOX 2894,MARINA LAGOS 11167123 ADEROJU OLALEKAN C/O FINANCIAL DERIVATIVES CO. LTD P.O.BOX 72120 LAGOS 11370658 ADESANYA ADEDEJI MOJEED NO. 17 KOLAWOLE STREET PAPA-ASHAFA AGEGE 11912033 ADESINA TEMITOPE ISAAC P.O.BOX 2057 FESTAC TOWN 11096836 ADESOJI ADEKUNLE C/O MRS O O ADESOJI P M B 12717 LAGOS LAGOS 11371494 ADESOKAN SIMEON ADESINA NEPA OFFICE P. O. BOX 81. OWODE 11096845 ADESOLA ADELINE ADEDOYIN P O BOX 6938 IKEJA LAGOS LAGOS 11371524 ADETAYO AHAMED P. O. BOX 1081 ILE OFEGUN OGBOMOSHO 11912705 ADETOBA TEMITOPE ADEYEMI P. O. BOX 9641 GPO MARINA, LAGOS LAGOS STATE 11912261 ADETOBA ADEYEMI TEMITOPE 38 OGHOSA STREET, GRA BENIN EDO STATE 11417205 ADETOMIWA OLUWATOBILOBA P.O.BOX 211 NAVY TOWN POST OFFICE LAGOS STATE 11371650 ADETUNJI ADELEYE P.O.BOX 350 OYO 211001 OYO STATE 11417208 ADETUNJI IHINREREOLUWA OMOBEWAJI U.I.P.O 22478 IBADAN OYO STATE 11096695 ADEWALE TIMOTHY FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11096697 ADEWUSI SUNDAY A 12A AKIN ADESOLA STREET VICTORIA ISLAND, LAGOS LAGOS 11371159 ADEWUYI ADETOLA LAGOS STATE LAGOS STATE 11096837 ADEYANJU ZACCHEUS ADERINSOLA P.O.BOX 12018 GARKI ABUJA 11417218 ADEYEKUN-OLUFEMI ELIZABETH ADEYINKA C/O NIG.SHAREHOLDERS’ RENAISSANCE ASSOC IATION,G.P.O. BOX 17230,DUGBE,IBADAN, OYO STATE. 11417861 ADEYEKUN-OLUFEMI VICTOR OLUWAKAYODEC/O NIG.SHAREHOLDERS’ RENAISSANCE ASSOC IATION,G.P.O. BOX 17230,DUGBE,IBADAN, OYO STATE. 11912845 ADEYEMI ABOSEDE ENIOLA P.O.BOX 18760 DUGBE IBADAN 11371697 ADEYEMI AJOKE OYINDAMOLA P.O.BOX50033 FALOMO IKOYI LAGOS 11371743 ADEYEMI GANIYU C/O PANALPINA W.T. NIG LTD P.O.BOX 6249 GARKI ABUJA 11325986 ADEYEMO ADEOYE ABAYOMI PO BOX 3028 AGEGE - LAGOS
62 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11327264 ADEYEMO E. ADEDOKUN P O BOX 3304 MAPOL HILL IBADAN, OYO STATE 11372448 ADEYEMO EZEKIEL ADEDIBU P. O. BOX 620 IWO OSUN STATE 11384348 ADEYEMO FUNMILOLA TITILAYO P.O. BOX 21036 U.I. POST OFFICE IBADAN, OYO STATE 11371384 ADEYEMO JOHN ADEBISI P.O.BOX 70070 VICTORIA ISLAND LAGOS STATE 11372447 ADEYEMO JOSHUA AKIN ARUKOS COMPOUND GIDIGBO QUATERS P. O. BOX 620, OSUN STATE. 11371227 ADI NAATA KOMBEY WARIFE C/O IKOT IBRITAM P A ORUKANAM LGA 11370828 ADIOHA CALISTUS ASHULOKA P.O.BOX 5046 ABA ABIA STATE 11098020 ADMINISTRATOR-GENERAL ENUGU (ADMORS TO THE ESTATE OF OKONKWO SAN JOHNN MIN.OF JUSTICE,ADMIN-GEN’S DIV. P.M.B 1041 ENUGU, ENUGU 11306636 ADU AYOLEKE OLALEKAN 1 OLADELE OLASHORE ST V/ISLAND - LAGOS 11096699 AFOLABI ADEJUGBE FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11370755 AFOLABI BISOLA WURAOLA P. O BOX 9438 MARINA LAGOS STATE 11371525 AFOLABI EZEKIEL OLALERE ILE AKOPO -KOLARA C/O METHODIST CHURCH AROWOMOLE BOX 23 11372101 AFOLABI MOYINOLUWA OLAYINKA 30 ALHAJI ANIMASHAUN STREET OFF OMILANI IJESHATEDO 11372100 AFOLABI OLAKUNBI ADEFOLARIN 30 ALHAJI ANIMASHAUN STREET OFF OMILANI IJESHATEDO 11371522 AFOLABI VICTORIA OYELEKAN ILE AKOPO -KOLARA C/O METHODIST CHURCH AROWOMOLE BOX 23 11096701 AGBEDE ADEBAYO P O BOX 9755 LAGOS, LAGOS 11096703 AGBESANWA OLUSEGUN NIGERIA AGIP OIL COY. LTD PROJECT DEPT., P. O. BOX 923, PORT-HARCOURT 11372185 AGBI OLUWASANMI PZ THERMOCOOL UNIT PMB 21132 IKEJA 11306635 AGBO ENE FELICIA P O BOX 182, AGUDA-OGBA, AGEGE, LAGOS STATE 11370947 AGEV TARNONGU EMMANUEL P.O.BOX 2112 MAKURDI BENUE STATE 11096831 AGIP NIG STAFF CO-OPERATIVE THRIFT & CREDIT SOCIETY CREDIT SOCIETY P C 23 ENGINEERING CLOSE VICTORIA ISLAND P O BOX 921 LAGOS LAGOS 11370794 AGU CHARITY CHINYERE A.G.C.S.S. NO. 21 OBUNDIOMA STREET OFF FAULKS ROAD 11371852 AGWAIFE BENEDICT AGHAEGBUNEM PHOTO PALACE AHMADU BELLO WAY PMB 1310 11371466 AGWU IDIKA UME 98B NGWA ROAD P.O. BOX 3274 ABA, ABIA STATE 11096707 AHABA DOMINIC A FIRST ALUMINIUM PRODUCTS PLC P O BOX 402, KADUNA KADUNA 11278321 AHAMEFULA ROSELYNE ULUNMA 3RD AVENUE , ‘O’ CLOSE, HOUSE 25 P. O. BOX 3123 FESTAC TOWN - LAGOS 11327483 AHMAD AYUBA IBRAHIM 789, DANDAGO QTRS P.O.BOX 5464, KANO KANO STATE 11371359 AHMAD YAKUBU P.O.BOX 10609 KANO KANO STATE 11372046 AHMED ADAMU KUTIGI 7 WAHABI STREET KWAKWA UKU AGEGE 11325733 AHMED HAUWA MOHAMMED GIDAUNIYA INVESTMENT & SECURITIES LTD 15, BUK RAOD, KANO FOUNDATION BUILDING P.O.BOX 14427, KANO 11370811 AHUKANNA KINGSLEY IHEANYI P.O.BOX 21048, ABA, ABIA STATE. 11278335 AHUNANYA PATRICIA CHINWE P.O.BOX 1429 SURULERE-LAGOS LAGOS STATE 11096989 AILENOESUAN IRIA EHIZOJE 1,ARAN-ORIN STREET, IFAKO - GBAGADA LAGOS 11167134 AILENOESUAN IRIA EHIZOJE 1, ARAN-ORIN STREET, IFAKO -GBAGADA LAGOS 11096710 AINA JIMI OKUNOLA ALLEGED DECD ALLEGED DECD LAGOS 11370523 AINA OLUWAGBOHUNMI ADESOPE C/O AINA OPE-OLU METROPOLITAN BANK LTD, 24 IDOWU TAYLOR ST, V/ISLAND, LAGOS 11096873 AIREDE ABDULKAREEM IWUNMOLE DEPT. OF PAEDIATRICS USMAN DAN FODIYO UNIVERSITY TEACHING HOSPITAL P.M.B. 2370 SOKOTO SOKOTO 11278300 AJADI IBRAHIM TEMITOPE P. O. BOX 1137 AGODI IBADAN 11371173 AJAWUIHE EDNA IJEOMA P. O. BOX 5169 MARINA LAGOS STATE 11371767 AJAWUIHE FLORENCE IJEOMA P.O.BOX 5169 MARINA LAGOS STATE 11370928 AJAWUIHE MERCY ADANNA P. O. BOX 5169 MARINA LAGOS STATE 11096832 AJAYI DANIEL OLUWOLE SOLAKUNMI 1 AJAYI STREET IKEJA P O BOX 1266 S/LERE LAGOS 11371871 AJAYI ESTHER IYABO NIGER INSURANCE PLC 48/50 ODUNLAMI STREET P.O.BOX 2718 11371689 AJAYI OLALEKE P.O.BOX 396 EBUTE-METTA LAGOS STATE 11371423 AJAYI OLAOLU OYEDIRAN 40 AROWOJOBE STREET OSHODI LAGOS STATE 11296677 AJAYI OLUWAFEMI PAUL C/O AGENCY DEPT. ROYAL EXCHANGE ASS. PLC P.O. BOX 112 LAGOS 11370908 AJAYI-SHOFILE HOPE OLUWATOYIN G. P.O. BOX 4849 DUGBE IBADAN OYO STATE 11096897 AJEIGBE JOHN BABATUNDE P O BOX 3854 OSHODI LAGOS STATE LAGOS 11912683 AJIBADE IDRIS OLAWALE 222, BLOOMFIELD STREET #6R, HOBOKEN NJ USA 11305828 AJIBOLA ADENIYI OLUMUYIW TONEIKO DEV. COY NIG LTD PO BOX 6503, MARIAN LAGOS 11371625 AJIBOYE MARY TITILAYO GENERAL POST OFFICE ILORIN KWARA STATE 11371313 AJIMO ABIKE BG. 4 ODO AGBEDE STREET ILESHA OSUN STATE 11370700 AKANBI HAKEEM 35 ABATA STREET ORILE-IGANMU SURULERE LGA 11370704 AKANDE FELIX PMB 723 AKURE ONDO STATE 11096714 AKANI ALLWELL B FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11912406 AKANNI ADEYINKA PLOT C, BLK 1, IREPO L/OUT BEHIND G.C.I., APATA IBADAN, OYO STATE 11912406 AKANNI ADEYINKA PLOT C, BLK 1, IREPO L/OUT BEHIND G.C.I., APATA IBADAN, OYO STATE 11096715 AKIN GIWA KAZEEM FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11096959 AKINJEDE KOLA’ C/O P.O. BOX 7442 SECRETARIAT AGODI IBADAN OYO STATE OYO 11289082 AKINKUGBE JANET O. 29 ADEKOYEJO MAJEKODUNMI AVENUE IYAGANKU IBADAN OYO STATE 11096912 AKINLADE ABIOLA TAIWO P O BOX 72973 VICTORIA ISLAND LAGOS LAGOS 11289114 AKINLEYE EMMANUEL 21A COKER ROAD, ILUPJEJU LAGOS 11371486 AKINLEYE TITLOPE OLATORERA P. O. BOX 31169 SECRETARIAT IBADAN OYO STATE
2012 Annual Report & Financial Statements 63 Unclaimed Dividends for the year ended 31 December 2012
11371182 AKINLOSOTU MARGARET OMOLOLA 3 ADENIYI STREET WURAOLA BUS STOP MUSHIN 11370786 AKINNUKAWE JOSE ADESOJI C/O MR AC UDEAGWU P. O. BOX 183 APAPA 11096766 AKINREMI JULIUS OYEBANJI 50, AKANRO ST, ILASAMAJA, MUSHIN. P.O.BOX 7436, SURULERE, LAGOS. 11370944 AKINRINADE BOLAKALE P.O.BOX 51430 IKOYI LAGOS STATE 11371495 AKINRIOLA SERIFAT ATINUKE P. O BOX 316 ISEYIN OYO STATE 11327286 AKINSULIRE ELIZABETH FUNMI 5 ONDO STREET, OKE-IRA OGBA P.O.BOX 4215, IKEJA LAGOS STATE 11096876 AKINWUNMI AJIBOLA ADESUBOMI A M P O BOX 2129 SURULERE LAGOS LAGOS 11372261 AKINYEMI EMANUEL OBAFUNSO GLORIA HOUSE 33 IYALLA STREET MUSHIN 11370767 AKINYEMI OMOTAYO FOLORUNSO 2 FOLA OSIBO ROAD OFF ADEBAYO DOHERTY OFF ADMIRALTY WAY 11096717 AKITUNDE OLUWOLE O C/O THE UNITED NIG INS CO PLC P O BOX 588 LAGOS, LAGOS STATE LAGOS 11371074 AKOMAH CHINEDUM ROBERT P.O.BOX 6304 KAKURI KADUNA KADUNA STATE 11371042 AKOREDE OMONIKE ADEOTI BLOCK 191 FLAT 2 LSDPC MEDIUM INCOME ESTATE OBA OGUNJIROGBA 11372364 AKOWEI JULIANA EBIMERE C/O MR. NDUDI OKOCHA P.O.BOX 188 ASABA 11096962 AKPADIAHA EMMANUEL UDEME P.O.BOX, 70024 VICTORIA ISLAND LAGOS LAGOS 11096719 AKPAN MFON SOLOMON FIRST ALUMINIUM COMPANY NIG PLC P O BOX 356 PORT HARCOURT, RIVERS STATE RIVERS 11096720 AKPAN S.O FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11371702 AKPAN EDET UDO UDO P.O.BOX 11493 IKEJA LAGOS STATE 11096894 AKPAN-EKPO SEDIE UMOH INVESTMENT DEPT MIN OF FIN P M B 1117 UYO AKWA IBOM AKWA IBOM 11096721 AKPOBO OTEJERE JOSEPH C/O P O BOX 1071 LAGOS, LAGOS 11096986 AKPOMUDIARE JERRY ZENITH INTERNATIONAL BANK LTD P O BOX 75315 VICTORIA ISLAND LAGOS LAGOS 11371835 AKPOWOWO CHRISTOPHER ENAJITE E. S. O C &S P. O. BOX 947 EFFURUN 11371029 AKPUSUGU TERDZUNGWE TIMOTHY BENUE STATE WATER BOARD PMB 102072 MAKURDI 11350394 AKUJOBI NDUNAKA DANIEL P.O.BOX 53620 FALOMO, IKOYI 11289081 AKUNKUGBE OLUDOLAPO I. 29 ADEKOYEJO MAJEKODUNMI AVENUE IYAGANKU IBADAN OYO STATE 11096933 ALABARAONYE UGOCHUKWU LOUIS P O BOX 259 AJEGUNLE APAPA LAGOS STATE 11912513 ALABI OLUFEMI ANTHONY 5 IBUKUN OLUWA STREET OFF ADEYIRI CRESCENT IFAKO, IJAIYE, LAGOS 11325947 ALABI OLUSOLA OLAYINKA G.P.O. BOX 2618 DUGBE, IBADAN OYO STATE 11372315 ALADE ADEMOLA ADEBOWALE NO 48 /52 OKESEGUN STREET P. O. BOX 108 ONDO 11370894 ALADEOJEBI FAITHFUL F. ADETOUN P.O.BOX 4797 DUGBE IBADAN OYO STATE 11372004 ALADUM UCHECHUKWU HARRISON CHURCH OF RESURRECTION 5TH AVENUE CLOSE BESIDE FRANKIDS AMUSEMENT 11096941 ALAGBADA OMOLARA 39 MODUPE-JOHNSON CRESCENT SURULERE LAGOS LAGOS 11371990 ALAGBE FEMI MUSIBAM P. O. BOX 183 APAPA LAGOS STATE 11372429 ALAIYA MOJISOLA ATINUKE DAILY INDEPENDENT NEWSPAPER 7D WAMPCO ROAD OGBA 11096725 ALALI ILANI FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11325884 ALAO ADEWUNMI C/O M. TONY PO BOX 29361, SEC - IBADAN OYO STATE 11370572 ALHASAN ABULLAHI 77, SABAN SARA, GIDAUNIYA INVESTMENT & SECURITIES, P.O. BOX 14427 KANO, KANO STATE 11371371 ALI UBA KABIRU C/O NASIR KHALID A GISEC LTD P.O.BOX 14427 11371118 ALIGWO NNOROM FRANCIS 74A OGUTA ROAD ONITSHA ANAMBRA STATE 11096726 ALILE PATIENCE NOHUOMA P O BOX 10080 LAGOS, LAGOS 11372577 ALIMI BUNIAMIN OLA ADEREMI B554 /F5 LLCH/SCH 5 ABESAN ESTATE IPAJA 11371370 ALIYU MUHAMMAD ABBA NO. 5 SABON ARA QTRS P.O.BOX 14818 KANO 11326022 ALIYU T/WUZIRCHI IBRAHIM MOHAMMED P.M.B. 3053 KANO 11096727 ALLAGOA AMBROSE EZE 28 HARBOUR ROAD PORT HARCOURT, RIVERS STATE RIVERS 11169785 ALLI OLABISI SINOTA BALOGUN 312, ROAD, D CLOSE, HOUSE 28, FESTAC TOWN, LAGOS 11371475 ALLISON KNOWLEDGE FIDELIS C/O GILBERT OGWO 21 TRANS-AMADI INDUSTRIAL L/OU P.O.BOX 600 11306460 ALTIMA SECURITIES & INV. LTD 6 FEMI KUFO ST SOLIYI GBAGADA 11096731 AMADI JUSTINA G FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11096732 AMADI THANKGOD CHIDI FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 POR-HARCOURT, RIVERS STATE RIVERS 11371332 AMADI GLADYS NKEDNYEME C/O FRANK O. AMADI ST. MARY CATHOLIC CHURCH P. O.BOX 2551 11372301 AMAEFULA CHINWENDU SUNDAY UNION BANK OF NIGERIA PLC KINGSWAY BRANCH NO. 12 AZIKIWIE RD 11371107 AMAEFULE IHEME ZACCHAEUS COMMUNITY PRIMARY SCHOOL AMAOKWE AWODEMILI 11300256 AMAHIAN CLEMENT VALENTINE P.O.BOX 5201, SURULERE, LAGOS 11371708 AMANAMBU ALVAN OJI P.O.BOX 4658 ABA ABIA STATE 11372578 AMBALI AKEEM OLATUNJI YEWA NORTH LOCAL GOVT P.H.C. DEPT PMB 006 11096881 AMINU HALIMA ADAMA KUDA P O BOX 16 BAKIN KASUWA AZARE BAUCHI STATE BAUCHI 11371933 AMINU ABDULLAHI FATIMA C/O SIGMA SECURITIES LTD P.O.BOX 75511 V/I 11096968 AMOBI IFEDIORA NIGERIA INTERNATIONAL BANK 1 IDOWO TAYLOR ST V/IS LAGOS LAGOS 11096735 AMOSU I O ALUMINIUM TECHNOLOGY PRODUCTS PLC NAL TOWERS, 20, MARINA P O BOX 2160, LAGOS 11371779 AMUNEGA SUNDAY MARK 39 GLOVER ROAD IKOYI LAGOS STATE 11096960 AMURUN BAWO DONALD P O BOX 72747 VICTORIA ISLAND LAGOS LAGOS 11096736 ANAEMEJIE SAMUEL FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11397383 ANAGU BRIDGET UZOMA 1ST AVENUE, M CLOSE HOUSE 9 FESTAC TOWN LAGOS 11096883 ANDEKIN ANDE ANDESHAK A ALEXANDER P O BOX 4349 APAPA LAGOS STATE LAGOS 11096737 ANDREW GODONOU FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11371307 ANEKE SYLVESTER EMMANUEL HQ NAF CAMP LAGOS LAGOS STATE
64 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11174475 ANIEFIOK UDOFIA UDO P. O. BOX 9213 SHOMOLU LAGOS 11096739 ANIKADIBIA NWOGBO P.O. BOX 11880 GARKI ABUJA 11371091 ANOKE AMARACHI ANSWER 104 MARKET ROAD ABA ABIA STATE 11370959 ANORO ELIJAH EMUOWHO P.O.BOX 4322 GARKI ABUJA FCT 11325690 ANSARY BUSINESS SERVICES 1 SHAHUCI GIDAN UMMA BAYERO, PO BOX 6434 KANO 11096740 ANTIOCH INVESTMENTS LIMITED P O BOX 71380 V/ISLAND, LAGOS LAGOS 11325816 ANUGHORA LOUIS & BEATRICE (REV&MRS) 722 ROAD B CLOSE HOUSE 8 FESTAC TOWN LAGOS STAE 11306540 ANUGHORA REV LOUISO. & MRS BEATRICE C. REDEEMING WORD ASSEMBLY D/E CLOSE FESTAC TOWN LAGOS STATE 11372158 ANUNOBI LIZZY C 30 KAMALU STREET ABA ABIA STATE 11096741 ANYANKA ALEX CHIDI FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11372343 ANYANNELE WALTER P.O.BOX 2928 DIOBU PORT HARCOURT 11096843 ANYANWU CHIDI LAUREEN CITIZEN INTERNATIONAL BANK 130 AHMADU BELLO WAY VICTORIA ISLAND LAGOS LAGOS 11096743 ANYANWU PETER OGUNEDO FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT HARCOURT, RIVERS STATE RIVERS 11370820 ANYANWU ANASTASIA LOUIS NO. 144 CLIFFORD ROAD ABA ABIA STATE 11289024 ANYANWU CHRISTOGONUS NNAWUIHE P.O.BOX 210 OBODO AHIARA AHIAZU - MAISE IMO STATE 11372348 ANYANWU VERONICA UCHEHI UNION BANK OF NIG PLC UMUOGHAM PMB 7359 11096744 ANYATONWU OKORO A C FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11370719 APABIEKUN CLEMENT OLAWAYE 4 ABENI CLOSE OFF JIMOH BALOGUN STREET CELE IKOSI 11096745 ARABA ADEKUNLE BABATUNDE 10 KERNEL ST P O BOX 1112 SURULERE, LAGOS LAGOS 11096746 ARABA LAWSON A O P O BOX 232 LAGOS, LAGOS STATE LAGOS 11912349 ARABA ADEKUNLE O. ALLEGED DECEASED ALLEGED DECEASED ALLEGED DECEASED 11371677 ARANSIOLA TAIBAT OMOTUNDE QUEEN ELIZABETH SCHOOL PMB 1357 ILORIN 11174397 ARCHIBONG VICTORIA EKOBANK PLC, P.M.B 3118 SURULERE LAGOS 60 ADENIRAN OGUNSANYA 11097006 AREBUWA TUBOSUN THOMPSON 2 OWEH STREET JIBOWU FADEYI P O BOX 10210 MARINA LAGOS 11372280 ARIYO -OSU ABIKE 1 IMOSAN STREET OFF ILISAN ROAD P. O. BOX 312 11372278 ARIYO -OSU FAULAT MOJIBADE 1 IMOSAN STREET OFF ILISAN ROAD P. O. BOX 312 11372279 ARIYO -OSU GBADAMOSI AMIDU 1 IMOSAN STREET OFF ILISAN ROAD P. O. BOX 312 11370524 ARM NOMINEES/BAMSL C/O ASSET & RESOURCE MANAGEMENT CO. LTD 9 BAYO KUKU RD, OFF KINGSWAY RD IKOYI - LAGOS 11371628 AROWOSAIYE ABDULKARIM OYEKANMI P.O.BOX 705 ILORIN KWARA STATE 11397280 ARUOGU EKPERE DIKE PLATINUM BANK, BBA BRANCH, TRADE FAIR COMPLEX, LAGOS 11096778 ARUOTURE EMMANUEL OMOKENU ALLEGED DECEASED 11096973 ARUSI LYDIA ORIEJI 10, COURT ROAD ELU OHAFIA P O BOX 1148 OHAFIA ABIA STATE 11278167 ASA OLUJIDE ADEBISI PO BOX 1733 AKURE 11372478 ASAMAIGOR MARGARET EMEONATASHEKO C/O MR V. E. EGBELUGHE GLOBAL 2000 P. O. BOX 14738 11372529 ASANI MUSILIU AKANJI P.O.BOX 2847 ONIPANU SHOMOLU LAGOS STATE 11096751 ASEMINASO OKIEYE VIVIAN FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT HARCOURT, RIVERS STATE RIVERS 11372190 ASHIONU ODINAKACHUKWU CORNELIUS 35 ALHAJI AMUSA STREET PAPA -AJAO MUSHIN 11306530 ASIBOR JOY OSE P.O. BOX 8096 BENIN CITY EDO STATE 11372401 ASIKHIA MOSES NO1 IMEVBORE AV. SAWMILL ROAD USELU QTRS P. O. BOX 2500 11165827 ASSET PLUS SECURITIES-DEPOSIT ACCOUNT LAGOS 11167168 ASSET PLUS SECURITIES-TRADED-STOCK-A/C LAGOS 11169760 ASSET PLUS SECURITIES-TRADED-STOCK-A/C LAGOS 11096753 ASUGU SIMPSON D FIRSTALUMINIUM PRODUCTS PLC P O BOX 402, KADUNA KADUNA 11096754 ASUZU JOSEPH OKECHUKWU FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11372483 ATHEKAME MARGARET AYABIMEH OSOSAMI & CO 7TH FLOOR NCR BUILDING 6 BROAD ST 11371854 AUDU BASSI EMMANUEL E.Y.N. CHURCH P.O. BOX 639, BULUMKUTU, MAIDUGURI, BORNU. BORNU STATE. 11371603 AUDU DORIS OMORHEGBE C/O MR PETER OFAIMU 96 BALE STREET KIRI -KIRI 11371005 AWA DENIS OKON FAAN AUDIT DEPT. PMB 3418 11371312 AWE EMMANUEL AYODELE AJIMO BG. 4 ODO AGBEDE STREET ILESHA OSUN STATE 11096895 AWOBIYI OLUSEGUN JULIUS CARE IDOWU WILSON P O BOX 11477 KANO KANO STATE KANO 11397279 AWOFESO BODE JAMES P.O.BOX 7851 G.P.O KADUNA KADUNA STATE 11096886 AWOGBAMI DAVID AKINOLA LAGAL DEPT TRADE BANK PLC 2 ILOFA RD P M B 1496 ILORIN KWARA STATE KWARA 11096755 AWOLOTAN ISSAC SUNDAY FIRST ALUMINIUM PRODUCTS P O BOX 2160 AGEGE, LAGOS LAGOS 11096939 AWORH UCHENNA C/O P O BOX 53521 FALOMO IKOYI LAGOS LAGOS 11371168 AWOSIKA FELIX FOLAYOLE C/O NIGER INSURANCE PLC 48/50 ODUNLAMI ST. P. O. BOX 2718 11096955 AWOYEMI BODUNRIN ABIODUN CHEVRON NIGERIA LIMITED P M B 12825 LAGOS LAGOS 11371068 AWOYOMI JOHNSON OLUGBENLEKE P.O.BOX 1677 IPAJA P O IPAJA 11173196 AXHOLME NOMINEES “UC” NIGERIAN STOCKBROKERS LIMITED NAL TOWERS - 20 MARINA P.O.BOX 4591 - LAGOS 11096791 AXHOLME NOMINEES LIMITED A/C SF P O BOX 4591 LAGOS LAGOS 11096822 AXHOLME NOMINEES LIMITED ACCOUNT-QS ACCOUNT-QS P O BOX 4591 LAGOS LAGOS 11096823 AXHOLME NOMINEES LTD ACCOUNT-RT ACCOUNT-RT P O BOX 4591 LAGOS LAGOS 11096824 AXHOLME NOMINEES LTD ACCOUNT-SE ACCOUNT-SE P O BOX 4591 LAGOS LAGOS 11096825 AXHOLME NOMINEES LTD ACCOUNT-SG ACCOUNT-SG P O BOX 4591 LAGOS LAGOS 11096903 AXHOLME NOMINEES LTD QD A/C P O BOX 4591 LAGOS LAGOS 11096776 AXHOLME NOMINESS LIMITED A/C SC P O BOX 4591 LAGOS
2012 Annual Report & Financial Statements 65 Unclaimed Dividends for the year ended 31 December 2012
11372553 AYANDIPE SOLA PETERS P. O. BOX 1604 IJEBU ODE OGUN STATE 11096940 AYENI FOLORUNKE ADUKE UNION BANK OF NIG PLC REGISTRARS DEPT P M B 12717 LAGOS LAGOS 11096891 AYESHUNG MATHIAS CELSUS AYIKE C/O MR PETER AYEME 27 ABUKURU STREET AJEGUNLE APAPA LAGOS. 11096892 AYESHUNG MATHIAS CELSUS AYIKE C/O PATRICK OBUO NO 27 ABUKURU STREET AJEGUNLE LAGOS 11370721 AYIM JOSEPHINE NKABOR 487 IKORODU KETU PMB 213 IKEJA 11173230 AYODELE ODUNAYO BOLANLE LESOTHO COTTAGE P.O.BOX 1762 AKURE ONDO STATE 11096937 AYORINDE THOMAS AND COMPANY P O BOX 3876 SURULERE LAGOS STATE LAGOS 11912740 AYUBA LAMIDI OLUWAGBEMIGA MANDILAS ENTERPRISES LTD A/C DEPT P.O.BOX 35 MARINA LAGOS LAGOS STATE 11912405 AYUBA LAMIDI OLUWAGBEMIGA MANDILAS ENTERPRISES LTD A/C DEPT P.O.BOX 35 MARINA LAGOS LAGOS STATE 11372332 AYUBA MOHAMMED JADA P. O. BOX 54 ZING TARABA STATE 11372269 AZIJEKWE NATHAN CHINENYEM BLOCK Q3 FLAT 3 NAF BASE PMB 21059 IKEJA IKEJA 11912078 AZOMOR CHUKWUDI PETER P.O. BOX 1151 SATELLITE TOWN LAGOS 11096760 AZUATALAM MARGARET A.O & KEMAKOLAM D. (ADMORS TO THE ESTATE OF AZUATA UMUALUM UMUGWEZE, NEKEDE,OWERRI WEST L.G.A IMO STATE 11326121 BABA AUWALU IBRAHIM NO. 58, KWALWA QTRS P.O.BOX 2462, KANO KANO STATE 11097039 BABAJIDE ODEWOLE CHRISTOPHER 28 AKINSOJI STREET IGBOBI SOMOLU LAGOS 11306496 BABALOLA AMAL OMOBOLANLE ADUKE I 18 OYEGUNWA STREET, OFF AJISHEGIRI STREE T LADIPO ESTATE, SHOGUNLE IKEJA LAGOS 11370777 BABANUMI MOTUNRAYO IYABO G. P. O. BOX 4468 DUGBE MARKET IBADAN 11300266 BABARINDE FAIDAT ADEFUNKE P.O.BOX 53081 FALOMO IKOYI, LAGOS 11372539 BABASANYA VICTORIA OLAYINKA P.O.BOX 600 MUSHIN LAGOS STATE 11097026 BABASOLA OLUDIRAN DEAN OFFICE FACULTY OF HEALTH SCIENCES UNILORIN KWARA STATE KWARA 11371208 BABATUNDE LAWRENCE ATANDA P.O.BOX 3685 SAPON ABEOKUTA 11372128 BADMUS HALIMAH AYODELE C/O MR M. A. BADMUS FEMI JOHNSON INS. COY PMB 5035 11912669 BAKARE ABIOLA NIGERIAN BOTTLING CO PLC MOBIL ROAD, P.O.BOX 10 APAPA LAGOS 11372069 BAKARE RASAQ ASHIRU P. O. BOX 6037 FESTAC TOWN LAGOS STATE 11912630 BAKO BINTA SANI GIDAUNIYA INVEST. & SEC. LTD P.O. BOX 14427 KANO, KANO STATE 11097011 BAKPA ISAAC MENE LIVING FAITH CHURCH WINNERS CHAPEL IBUSA ROAD ASABA DELTA STATE 11296627 BAKUK VENTURES P.O.BOX 3016 FESTAC TOWN LAGOS 11912741 BALLYTECH NIGERIA LIMITED P.O.BOX 1430 CENTRAL POST OFFICE P/H RIVERS STATE 11912784 BALOGUN ABIDEEN OTOLORIN NO 11B ADESHINA STREET LAGOS STATE 11097054 BALOGUN SALIU OKANOLA P O BOX 6195 AGODI P O IBADAN OYO STATE OYO 11097038 BALOGUN SARATA IYABO 23 FOLAWIYO BANKOLE STR IKATE SURULERE LAGOS 11417856 BALOGUN MUDIAGA JOSEPH 12 IGBOJUWO STREET ITIRE SURULERE LAGOS 11370787 BALOGUN OLASUNKANMI SAHEED 16 ALLI STREET OFF ADELEYE STREET SARI IGAMU ORILE 11372428 BALOGUN SIKIRU BOLARINWA P. O. BOX 995 AGEGE[595] LAGOS STATE 11097047 BAMGBOSE ADEDAPO NATHANIEL BOX 2360 AGEGE LAGOS 11097012 BAMIDELE SHAMDARE FIRST ALUMINIUM PRODUCTS PLC P O BOX 2160 AGEGE, LAGOS STATE LAGOS 11325684 BAMORE OLUGBENGA DANIEL 5 DADA IYALODE ST OFF POST OFFICE RD MUSHIN, LAGOS 11097014 BANJO OLUMIDE A JOKOTOLA MEMORIAL INFIRMARY IMALEFELAFIA STREET OKE-ADO, P.O. BOX 548 IBADAN OYO STATE 11912538 BANKOLE GBENGA SUNDAY C/O AKINTOYE O.M P.O. BOX 7881 IKEJA, LAGOS 11097035 BANWO TITI P O BOX 1927 SURULERE LAGOS 11097044 BANWO TITILAYO P O BOX 1927 SURULERE LAGOS STATE LAGOS 11371533 BAROR IRENE LIVING FAITH CHURCH NEAR SDP JUNCTION P.O.BOX 389 11306645 BASHIRU ADA’U C/O IDRIS HASHIM AFRICAN INTERNATIONAL BANK LTD IBRAHIM TAIWO ROAD, KANO 11417206 BATURE AHMED P.O. BOX 4175, KANO. KANO STATE. 11097032 BAWAH ISMARK ZAKARI NEPA PLC TRANSMISSION DIVISION P M B 7265 ALAOJI ABA ABIA STATE ABIA 11397357 BELLO UMAR MOHAMMED (DR.) P O BOX 5630 KAWO KADUNA 11097055 BELLO-ABUBAKAR HABIBU P O BOX 12302 KANO KANO STATE KANO 11912404 BENWARI AYEBATONYO P.O.BOX 1972 DIOBU PORT-HARCOURT RIVERS STATE 11912404 BENWARI AYEBATONYO P.O.BOX 1972 DIOBU PORT-HARCOURT RIVERS STATE 11165775 BGL SECURITIES-DEPOSIT LAGOS 11167154 BILIKISU B. KAITA (HAJIYA) C/O NEWDEVCO FINANCE SERVICES CO.;TD CGURCH HOUSE - 29 MARINA P.O.BOX 51679 FALOMO - IKOYI - LAGOS 11366455 BINUTU ADETUTU AFOLASADE 33, ADEOLA HOPEWELL VICTORIA ISLAND, P.M.B. 2027, MARINA, LAGOS 11097015 BIPIALOLA JOHN FIRST ALUMINIUM COMPANY NIGERIA PLC P O BOX 358 PORT HARCOURT, RIVERS STATE RIVERS 11372358 BISIRIYU MORENIKEJI AMUDALATU NO. 5 CHURCH STREET IGBOGBO IKORODU 11097029 BOLARINWA FLORENCE ATINUKE CLOSE 52 HOUSE 10 SATELLITE TOWN LAGOS LAGOS 11912403 BOLARINWA OLUSEUN AYODELE HOUSE 3 A CLOSE 112RD IST AVE.GOWON EST.IPAJA LAGOS 11370887 BOLUJO OLUFUNMILAYO FOLUSHO 19 LAMBO STREET ALAPERE KETU LAGOS STATE 11371851 BONIFACE CECILIA PHOTO PALACE AHMADU BELLO WAY PMB 1310 11097019 BRIGGS EMILIA DAKORU A 190/192 IGBOSERE ROAD LAGOS LAGOS 11278322 BRUNTON DAVID 99, ADENIYI JONES AVENUE, IKEJA LAGOS 11296688 BRUNTON DAVID 99, ADENIYI JONES AVENUE, IKEJA LAGOS 11278154 BULAMA ABATCHA P.O. BOX 2065 KADUNA G.P.O. KADUNA 11097016 BULLION STOCKBROKERS LTD P.O.BOX 3423, SABO YABA LAGOS 11097031 BUSARI DAUDA ALAO 40 ADESHIYAN STREET ILUPEJU MUSHIN LAGOS
66 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11306674 CALYX SECURITIES LTD. * TRADED-STOCK-A/CSTOCK EXCHANGE HOUSE, 17TH FLOOR, 2-4, CUSTOMS STREET, LAGOS, LAGOS STATE, 11912807 CAPITAL ALLIANCE NIGERIA LIMITED 8TH FLOOR C & C TOWERS PLOT 1684 FAFUNWA STREET P.O.BOX 74085 VICTORIA ISLAND LAGOS 11097082 CENTRE-POINT UNIT TRUST SCHEME LEVENTIS BUILDING 42/43 MARINA LAGOS LAGOS 11912325 CHIBUIKE HYGINUS AHUMARAEZEMMA P.O. BOX 1168 STELLITE TOWN LAGOS 11372357 CHIDIMA SYLVIA CHIOMA 66 AWOLOWO ROAD S/W IKOYI LAGOS STATE 11097058 CHIJIOKE EBERE SUNDAY FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11097059 CHIJIOKE M.O C/O THE MANAGER FIRST BANK OF NIG PLC, OKPARA AVENUE ANAMBRA STATE 11097083 CHIKELU CHUKWUEMEKA SAMUEL P O BOX 70783 VICTORIA ISLAND LAGOS LAGOS 11371891 CHILE NOAH DANIEL MINISTRY OF FINANCE OFF. OF THE ACCOUNTANT-GENERAL PMB 2041 11370791 CHIMA EBERE IGNATIUS NO.26 ONUOHA STREET, C/O 28 OSUSU ROAD, P O 20368 ABA, ABIA STATE 11097088 CHINEDU NICHOLAS ONYEDI P O BOX 1087 SOKOTO SOKOTO STATE SOKOTO 11371226 CHUKWU JOSEPHINE CHINORO NO. 91 OKIGWE ROAD ABA ABIA STATE 11167126 CHUKWUKA ONWENU COLUMBA COLLINS 7 FAKUNLE STREET BASHUA SHOMOLU (2ND FLOOR - TAMUKU CHAMBERS) LAGOS 11097062 CHUKWUKATI PETER FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11417214 CHUKWUKERE OBINNA SAMUEL P.O. BOX 3233 G.P.O MARINA LAGOS 11097078 CHUKWUMAH GLORIA NNEKA C/O UNION BANK OF NIG., P.M.B. 1002 ASABA 11306548 CITY-CODE TRUST &INV.CO-TRADED-STOCK-A/C LAGOS 11097085 CLASSIC MANAGEMENT LIMITED C/O CHARTERED BANK LIMITED.,DANMOLE ST, P O BOX 73069, VICTORIA ISLAND-LAGOS LAGOS 11371667 COLLINS -AMADE BEINMONYO LESLIE ALLSTATES TRUST BANK PLC 94 USELU LAGOS ROAD BENIN CITY 11300119 COLVIA SECURITIES LTD-DEPOSIT A/C 6, CAMPBELL ST., LAGOS 11278445 CONSOLIDATED INVESTMENT-DEPOSIT A/C LAGOS 11169775 CSL STOCKBROKERS-DEPOSIT A/C LAGOS 11326212 DADA OLAYINKA OLANREWAJU P.O.BOX 3793 MUSHIN, LAGOS 11371884 DAMAP ARISTARKUS THEOPHILUS C/0 CHRISTIANA DAMAP NEPA ZONAL HEADQUATERS NICON BUILDING SECRETARIAT DRI 11370706 DAMINABO IYOBUDUKI HAROLD P. O. BOX 7279 TRANS -AMADI INDUSTRIAL LAYOUT PORT HARCOURT 11097119 DANASABE AMINA KARMASHE 7 WAZIRI MACCIDO ROAD P O BOX 1932 KADUNA KADUNA 11097114 DANASABE HAFSATU KARMASHE 7 WAZIRI MACCIDO ROAD P O BOX 1932 KADUNA KADUNA 11372171 DANJUMA SADIQ C/O EMIRS PALACE P.O.BOX 09 KATSINA 11325697 DANLADI ASABE ABDU KURA LOCAL GOVT AREA KANO STATE 11325750 DANLADI JAMILU KABIRU KURA LOCAL GOVT AREA KANO STATE 11327289 DAN-OLOGE AYOBAMI MARVELLOUS C/O MRS I. DAN-OLOGE FED. COLLEGE IF EDU (DEPT OF INT SCIENCE ABEOKUTA, OGUN STATE 11384404 DAWODU BELAU OLATUNDE C/O MRS YINKA IDOWU P.O. BOX 3680, SURULERE LAGOS 11912357 DEDEKUMA ESTHER MODUPE SAVED BY GRACE BIBLE CHURCH P.O.BOX 29 D.S.C POST OFFICE ORHUWHORUN WARRI STATE 11306621 DEJO TAIWO JAMES C/O PASTOR SHOWOLE P O BOX 429 IKOTUN ALIMOSHO L.G.A LAGOS 11097092 DELAN HOLDINGS LTD 1/3 ALLI ST P O BOX 55116, IKOYI LAGOS LAGOS 11912711 DELORDS SEC. LTD-TRADED-STOCK-A/C LAGOS 11912711 DELORDS SEC. LTD-TRADED-STOCK-A/C LAGOS 11097093 DEME CLAUDIUS GBORO FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11912766 DEMSON GOLD GLOBAL CONCEPT NIG LTD P.O.BOX 16708 IKEJA LAGOS STATE 11372621 DENIGA IDOWU OLUBUNMI LAGOS STATE GOVERNMENT QTRS OGBA PHASE II BLK 25 FLAT 14 OGBA IKEJA 11097120 DEVCOM SECURITIES LTD 18A OKO-AWO CLOSE V/ISLAND LAGOS LAGOS 11296653 DIM EUNICE NWAYICHUKWU 38 OLANREWAJU STREET C/O TOCHUKWO NNAJA P.O. BOX 50356,IKOYI 11097109 DINYO KEMI U B N PLC REGISTRAR’S DEPT P.M.B 12717 LAGOS LAGOS 11097094 DISU SALAU ADISA ALLEGED DECEASED ALLEGED DECEASED ALLEGED DECEASED 11325855 DIVINE NOBLE-FAITH VENTURES P.O. BOX 9039 MARINA LAGOS STATE 11372172 DIXON JONES IBITOYE P.O.BOX 153 IDANRE ONDO STATE 11371511 DON-ARCH LIMITED 1ST FLOOR SCDC BLAG PLOT 2B ADEWUNMI IND. ESTATE OREGUN-OJOTA ROAD 11300135 DUDUYEMI OLUBUKOLA GRACE 18, AWONI MURPHY STREET OFF HARUNA BUS/STOP OGBA - LAGOS 11372512 DURUGBO BERNARD NNEOMA 3 KUFISILE STREET ISHERI-OLOFIN BY PIPELINE BUS-STOP 11325714 EBIGBO JUDE ODINAKA CHUKWU P.O. BOX 4480 MARINA LAGOS 11325714 EBIGBO JUDE ODINAKA CHUKWU P.O. BOX 4480 MARINA LAGOS 11371209 EBODE CHARLES AYODELE P.O .BOX 16657 GENERAL POST OFFICE DUGBE IBADAN 11371206 EBODE IDOWU MICHEAL C/O MR CHARLES EBODE G. P. O. BOX 16657 DUGBE IBADAN 11097124 EBOIGBODIU F.E 62 EKEWAN ROAD BENIN, EDO STATE EDO 11278444 EBONG DAVID DANIEL 141 ABAK ROAD P.O. BOX 155 UYO AKWA IBOM 11325734 EBUEHI STEPHEN OSAGIE WILLIAMS MOBIL PRODUCING NIGERIA ULTD; P. O. BOX 31, KM 16, PORT-HARCOURT ABA EXPRESSWAY. PORT HARCOURT, R/STATE 11296629 EBUEHI STEPHEN OSAGIE WILLIAMS MOBIL PRODUCING NIGERIA ULTD; P. O. BOX 31, KM 16, PORT-HARCOURT ABA EXPRESSWAY. PORT HARCOURT, R/STATE 11372386 EDA JEREMIAH ORITSEGBEMI C/O DSC LTD C. M. M. P. M. B. 1220 11371239 EDE MOSES NWEKE C/O SIMEON OKAFOR NIPOST INDEPENDENCE LAYOUT BR.OFFICE 11912543 EDEH GENEVA BLESSING C/O AGHANWA SOLOMON CHIDI P.O.BOX 1271 MARINA LAGOS STATE 11097126 EDEM DENNINS G A P O BOX 1969 KADUNA, KADUNA STATE KADUNA 11371578 EDET GODWILL UMOH P.O.BOX 1071 IKEJA LAGOS STATE 11097223 EDEWOR PRINCE THOMAS WORD OF LIFE BIBLE CHURCH BOX 2088 WARRI DELTA STATE DELTA 11371067 EDEWOR OMONEFE 10 OMOLOLU ROAD OFF RANDLE AVENUE SURULERE
2012 Annual Report & Financial Statements 67 Unclaimed Dividends for the year ended 31 December 2012
11097228 EDINO JACOB P M B 2191 NNSS IBARA ABEOKUTA OGUN STATE OGUN 11097127 EDU DEINDE THE RADIODIAGNOSTIC CLINIC LTD 13/17 BREADFRUIT STREET LAGOS STATE 11325820 EDUN OLUSEGUN ABIODUN AFRIBANK INTERNATIONAL LIMITED ADEOLA HOPEWELL VICTORIA ISLAND 11912023 EFETIE BANK BENEDICTA P.O.BOX 606 YABA LAGOS 11097214 EGBEDION VICTOR AYODELE U B N PLC REG’S DEPT 2 BURMA RD P.M.B 12717 LAGOS LAGOS 11371137 EGBO HENRY NDUBUISI C/O MRS. MARIA EGBO BURSARY UNIT YABA COLLEGE OF TECHNOLOGY 11097128 EGBOSIMBA FRANCIS N C/O P O BOX 134 NNEWI, ANAMBRA STATE ANAMBRA 11912388 EGBUCHERE CHIBUUZO P.O. BOX 17270 IKEJA LAGOS STATE 11372399 EGBULEFU JOHN AMADIEGWU PIEDMONT PLYWOODS NIG. LTD P. O. BOX 284 BENIN CITY 11397811 EGEDE VERONICA P.O. BOX 5217 FESTAC TOWN LAGOS 11097204 EGEDI JOHN P O BOX 339 MAIDUGURI BORNO STATE BORNU 11097217 EGERE GOJE EJULUWA C/O FINANCIAL DERIVATIVES CO LTD, 11A GORIOLA STREET, OFF ADEOLA ODEKU STR P O BOX 72120 V/ISLAND LAGOS 11175443 EGESI CHIEDOZIE.N. C/O CHINEDU NWOSU P.O.BOX 4404 SHOMOLU LAGOS 11305818 EGUBE EJIROGHENE THEODORE C/O MRS YINKA EGUBE, 22 ATIBA OSBORNE ST MENDE MARYLAND PMB 80054 V/I LAGOS LAGOS STATE 11305782 EGUBE GABRIEL EJIRO 22, ATIBA OSBORNE STREET MENDE, MARYLAND, LAGOS PMB 80054 V/I LAGOS STATE 11372120 EGWIM ADINDU C/O ELDER AMON ONYENAOBIYA 11 UMUAGBAI ST BOX 2006 11372631 EHAFUNA EMEKA J. P.O.BOX 904 APAPA LAGOS STATE 11097187 EHIRIM CLEMENT CHUKWUEMEKA P. O. BOX 53241 FALOMO IKOYI LAGOS 11371700 EHONWA OHONMI CLARENCE 6A G CLOSE LSDPC ESTATE OGUDU GRA 11370715 EJEZIE ZANDAS AMADI ST PETER’S CHURCH UGA VIA AGUATA LGA 11097190 EJIKE EMEKA LONGINUS 17 EMMANUEL STREET ABULE OKUTA BARIGA\ 11371062 EJIOFOR ANTHONY EMEKA 60 SCHOOL ROAD M/3 DIOBU PORT HARCOURT 11372123 EJOGBAMU PETER OOTCHUKO 2 BOLAAROWO STREET ATUNRASE ESTATE GBAGADA 11097131 EJOR EZEKIEL FIRST ALUMINIUM COY NIG PLC P O BOX 356 PORT HARCOURT, RIVERS STATE RIVERS 11097133 EKE WISDOM W FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11371606 EKE ANNE CHIMEBERE C/O MR. PASCHAL EKE, 104 WESTERN AVENUE, OJUELEGBA, SURULERE, LAGOS STATE, 11371142 EKEANYANWU SEBASTINE MBAMA P.O.BOX 50 BARNAWA P O KADUN 11097201 EKECHUKWU UGO EVELYN U B A PLC INSPECTION DIV PHC UNIT BOX 984 P/HARCOURT RIVERS STATE RIVERS 11371123 EKEH TABUGBO VICTOR CENTRAL SCHOOL EDENTA AWODEMILI ORSU LGA 11372047 EKELEYEDE ROSE-EKELEYEDE 5 AKAPO STREET OKE-KOTO AGEGE LAGOS STATE 11097134 EKENUMEKE A TITUS FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11371623 EKEZIE ADAMMA CORDELIA GENERAL POST OFFICE ILORIN KWARA STATE 11372359 EKIKO ENO 66 AWOLOWO ROAD S/W IKOYI LAGOS STATE 11325880 EKONG JANEY IME AMANA F148 BEN UDO STREET EWET HOUSING ESTATE UYO 11097193 EKPENYONG INANG 183 ODUKPANI ROAD P O BOX 277 CALABAR CROSS RIVER STATE RIVERS 11097135 EKPO ABRAHAM I 19 WULEMUTU-AJOKE STREET AKOKA YABA, LAGOS LAGOS 11097136 EKPO I.U FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11097137 EKPO JACOB FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11097138 EKPO UBON IME C/O P O BOX 1071 LAGOS LAGOS STATE, LAGOS 11924533 EKWEALOR BONIFACE NWAFE P.O BOX 11569 GARKI FCT ABUJA 11912673 EKWEANUA JOSEPH CHIJIOKE NO. 7 OROYINYIN STREET IDUMOTA, LAGOS STATE 11372490 EKWO SAMUEL UCHE OKEKE FED. INST. OF IND. RES. SHALADA PHASE 1 PMB 3271 11097141 ELEAZU INNOCENT FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11097142 ELEBA PAUL FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11097143 ELELEGWU FANNY FIRST ALUMINIUM PRODUCTS PLC P O BOX 402 KADUNA, KADUNA STATE KADUNA 11097213 ELESIGWE TITUS U B N PLC REG’S DEPT 2 BURMA ROAD APAPA LAGOS LAGOS 11097174 ELLAMS AMINAT UYEME . . LAGOS 11097218 ELUFIDIPE FUNMINIYI C/O MR YINKA OSHATUYI P O BOX 2859 IKEJA LAGOS LAGOS 11097145 EMARKE PLUIP N L 4 LOKOJO ROAD KADUNA, KADUNA STATE KADUNA 11372410 EMEANA KINGSLEY ONYEKACHI BLOCK 92 FLAT 6 JAKANDE ESTATE MILE 2 LAGOS 11097146 EMENIKE EBERECHI E FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11097148 EMEREOLE ISSAC FIRST ALUMINIUM PRODUCTS PLC P O BOX 402, KADUNA KADUNA 11306492 EMEZI N. VICTOR 12 ADEYANJU ST SHOGUNLE - IKEJA LAGOS 11097150 EMMANUEL VICTORIA FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11372500 EMOKPAIRE SIMEON ANTHONY 23 ABATI GEORGE AVENUE LAWANSON SURULERE LAGOS STATE 11912348 EMORE TOKA 60/62 IRE AKARI ESTATE ROAD ISOLO, G.P.O.146, MARINA 11097151 EMOSIM GENERAL ENTERPRISES LTD P O BOX 85 OLEH ISOKO SOUTH L G A, DELTA STATE DELTA 11097153 ENE ERNEST DEREFAKA FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11097154 ENE JUSTINA UJU FIRST ALUMINIUM COMPANY NIG PLC P O BOX 356 PORT HARCOURT, RIVERS STATE RIVERS 11370558 ENE PATRICK ASUQUO LAGOS 11097155 ENEMUO PAUL P O BOX 402 KOKWI, KADUNA SOUTH KADUNA STATE KADUNA 11097232 ENO PAUL A CHURCH OF GOD MISSION INT.INC. 82 ORON ROAD UYO CROSS RIVER 11371152 ENUJIEKE IFEOMA JOY P.O.BOX 4101 ABA ABIA STATE 11097156 ENUNWA BONIFACE IWEBUNOR P.O BOX 5682,GARKI GARKI ABUJA 11097157 ENWEREJI LEO ALOZIE P O BOX 1513, ABA,, ABIA STATE,
68 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11097158 ENYINNAYA NELSON C/O MR E O EKPURU FED SCHOOL OF AGRIC UMUDIKE, UMUAHIA ABI ABIA 11370940 EPOYUN ADEYEMI ABIMBOLA ADEGBUYI NO. 340 NOBLE HOSP. & MATERNITY BORNO WAY YABA 11097159 EQUITABLE VENTURES LTD P O BOX 60085 FED SECT POST OFFICE, IKOYI LAGOS LAGOS 11097206 ERIKITOLA ADEBAYO P O BOX 12231 IKEJA LAGOS LAGOS 11417802 ESEMEZIE ANDREW OGOCHUKWU 11B, KARIMU KOTUN STREET P.O. BOX 73077 VICTORIA ISLAND LAGOS 11097161 ESSIET JOHN OBOT FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11372199 ETIFOR CHINYERE JOY NO 26 AKINYEMI STREET ALAPERE KETU KOSOFE LGA 11371752 ETIM NSIKAKA OKON ETIM P.O. BOX 22 NUNG UDOE UYO, AKWA IBOM STATE 11912635 EXCEL SECURITIES LTD-TRADED-STOCK-A/C 6, IJORA CAUSEWAY P.O.BOX 75121 LAGOS. 11097163 EYO WILLIAMSON FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11371460 EZE BENEDICT UCHECHUKWU BOX 67 ENUGU-EZIKE IGBO-EZE NORTH LGA 11372203 EZE PRECIOUS CHUKWUNONSO PMB 1162 NO 10 BODE JOSEPH STREET IFAKO BARIGA 11097178 EZEAGWU JUSTICE EZIUZOR P.O.BOX 483 WARRI DELTA DELTA STATE 11097165 EZEALI ARIZOLEGBE FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11372459 EZEAMA GODSON WEZE AMAISE CENTRAL SCHOOL UMUOBIAKWA P.O.BOX 16 11372244 EZEGBA EBENEZER ODINKPO ST. JAMES ANGLICAN CHURCH WARD 3 OKPU UMUANYA 11372334 EZEH VIVIAN OKWUNWA 22 SALAWU STREET SURULERE LAGOS STATE 11306487 EZEKWE CHUKWUEMEKA P.O.BOX 3008, MILE 1 DIOBU, RIVERS STATE 11325687 EZEKWE CHUKWUEMEKA P.O.BOX 3008, MILE 1 DIOBU, RIVERS STATE 11371120 EZENAJIEGO NNAETO GILBERT 74A OGUTA ROAD ONITSHA ANAMBRA STATE 11397881 EZENNADILI IZUCHUKWU CHRISTOPHER (JNR) P.O.BOX 6049 SURULERE LAGOS 11371922 EZEPUE CHIBUEZE P.O.BOX 35 OBA IDEMILI SOUTH LGA 11097169 EZIKE JOHN EMEKA P O BOX 52605 FALOMO IKOYI, LAGOS LAGOS 11303009 EZIKE EMMANUEL OKECHUKWU 7 ENOMA STREET OKOTA ISOLO P.O.BOX 71730 VICTORIA ISLAND LAGOS STATE 11097207 EZIMAH SAMUEL UWAECHEGI NKEMJIKA P O BOX 8032 NEW OWERRI IMO 11912234 EZUKA DARLINGTON JOE C/O INTER INVEST LTD 41, OLABISI ST, OJOTA P.O. BOX 6452, LAGOS 11912234 EZUKA DARLINGTON JOE C/O INTER INVEST LTD 41, OLABISI ST, OJOTA P.O. BOX 6452, LAGOS 11370551 FABUNMI MOJISOLA OLAWUNMI P.O.BOX 909 ILORIN ROAD OGBOMOSHO OYO STATE 11097274 FABYAN EVELYN P O BOX 53772 FALOMO IKOYI LAGOS 11097234 FADASE AKINYELE C/O CHIEF OSI OKUNRIN AKINYELE FADASE 1 FADASE STREET, P O BOX ONDO 11097236 FADEYI TEMITOPE O P O BOX 3000 SURULERE, LAGOS LAGOS 11097278 FADIPE TINU P O BOX 55, IJEBU-ODE, OGUN STATE, 11371913 FADUMIYE AYODELE KAYODE STEPHEN P.O.BOX 6403 SOMOLU LAGOS STATE 11371931 FAGBAMIGBE OLUDUYILEMI OLATOKUNBO 13 POPO-OLA BANJOKO STREET NEAR DEEPER LIFE BIBLE CHURCH GBAGADA 11289080 FAGBEMI OLAYINKA P O BOX 15629 IKEJA P.O.IKEJA LAGOS STATE 11371056 FAGBEMI OLUSOJI OLUFOLAPE C/O TOLA DANSO OCEANIC BANK INT’L TRANS AMADI P M B 5224 11097277 FAJEMISIN GRACE OLABISI PPMC 308 ADEOLA ODEKU STREET VICTORIA ISLAND LAGOS LAGOS 11372445 FAKEYE ANTHONY OLUTOPE P. O. BOX 1978 OSOGBO OSUN STATE 11372439 FAKEYE GABRIEL OLAWUYI P. O. BOX 1978 OSOGBO OSUN STATE 11912797 FAKOKUNDE FOLASHADE VICTORIA C/O FAKOKUNDE BABATUNDE NESTLE NIGERIA PLC,ENGINEERING DEPT,AGBARA,OGUN STATE 11912796 FAKOKUNDE OLUBUKOLA MARY C/O FAKOKUNDE BABATUNDE NESTLE NIGERIA PLC,ENGINEERING DEPT,AGBARA,OGUN STATE 11372026 FAKULUJO AYOBAMI TIMOTHY P.O.BOX 1376 IKEJA LAGOS STATE 11372025 FAKULUJO AYOMIDE OLUSOLA P.O.BOX 1376 IKEJA LAGOS STATE 11372027 FAKULUJO IRENE ADUKWE P.O.BOX 1376 IKEJA LAGOS STATE 11097270 FALADE OLANREWAJU ADEGBITE G P O BOX 172 IBADAN OYO 11097248 FALADE OLAYINKA P O BOX 1454 SHOMOLU LAGOS LAGOS 11912685 FALALU MURTALA P.O.BOX 26 FUNTUA KATSINA STATE 11912686 FALALU USMAN P.O.BOX 26 FUNTUA KATSINA STATE 11326158 FALCON SECURITIES-DEPOSIT A/C LAGOS 11417794 FALEYE OLUSOLA JOHN PO BOX 506798 FALOMO - IKOYI LAGOS 11097238 FALODUN ELIZABETH OLUYEMISI CONTINENTAL RE-INSURANCE 46 MARINA, P O BOX 2401 LAGOS LAGOS 11371695 FALOLA DELE DENNIS 10 TINUBU ROAD OKESHOKORI ABEOKUTA 11372486 FAMILONI OLUWOLE BABAFEMI DEPT OF CHEMISTRY UNILAG AKOKA YABA 11370635 FAOLA DAVID ADEFEMI P.O.BOX 546 OSHODI LAGOS STATE 11372497 FAROYE ELIJAH P.O.BOX 653 MUSHIN LAGOS STATE 11097281 FASASI KAMAR ADEDOKUN 50 ALOF STREET P O BOX 70123 V/ISLAND LAGOS LAGOS 11397313 FASHINA ADEBOLA RILWAN STANDARDS ORGANISATION OF NIG. 13/14 VICTORIA AROBIEKE STREET LEKKI PENNISULA, LEKKI PHASE 1, LAGOS 11372531 FASHOLA ABIDEMI ABISOLA 17 OWODUNNI STREET IWAYA YABA LAGOS STATE 11372552 FASHOLA RASAKI AKANBI THE APOSTOLIC CHURCH P. O. BOX 58 IBARA ABEOKUTA 11912811 FASHORO TOKUNBO C/O MRS TALABI JEJEOLA ENITAN P.O.BOX 639, APAPA LAGOS STATE 11097239 FATUDIMU O FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11097253 FAYEMI DUROJAIYE OLUSEGUN P O BOX 5787 MARINA LAGOS LAGOS 11397392 FIDELITY FINANCE CO.-TRADED-STOCK-A/C NIGER INSURANCE PLAZA 48/50 ODUNLAMI STREET, LAGOS 11174420 FIDELITY UNION-DEPOSIT A/C LAGOS 11097241 FIRIMA PHILIP FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS
2012 Annual Report & Financial Statements 69 Unclaimed Dividends for the year ended 31 December 2012
11097254 FIRST ALANTIC SECURITIES LTD. 8B OKO-AWO CLOSE P.O.BOX 74086, VICTORIA ISLAND LAGOS 11097057 FIRST ALUMINIUM PLC 2,AKILO STREET,OGBA, IKEJA. LAGOS STATE. 11289040 FIRST ATLANTIC SEC(FAT FUND)TRDED-STK-AC LAGOS VICTORIA ISLAND 11097243 FOLORUNSHO AKINULI IFEDAYO P M B 12621 LAGOS, LAGOS 11165813 FORESIGHT SECURITIES LTD - DEPOSIT A/C LAGOS 11173241 FORTHRIGHT SEC.& INV.-TRADED-STOCK-A/C LAGOS 11173241 FORTHRIGHT SEC.& INV.-TRADED-STOCK-A/C LAGOS 11097245 FOUNTAIN SECURITIES LIMITED 26 ADEOLA HOPEWELL STREET P.O.BOX 70987, VICTORIA-ISLAND LAGOS LAGOS, 11372048 FRANCES GLORY 5 AKAPO STREET OKE-KOTO AGEGE LAGOS STATE 11097288 GABRIEL ABIMBOLA 22 LEWIS STREET SANDGROUSE LAGOS LAGOS 11370667 GABRIEL AKPOUN ESIKPE C/O MR GODWIN I. JEHWO L&MS DEPT. D. S. C. LTD PMB 1220 11372049 GAMBO GAMBO ABUBAKAR 7 OMODEINDE STREET OFF MORICASS ROAD AGEGE 11370696 GANIYU KOLA KOBITI AZEEZ 26 AKODU STREET MUSHIN LAGOS STATE 11327487 GARBA LAWAN C/O GISEC LIMITED P.O.BOX 14427 KANO, KANO STATE 11372506 GARBA MALLAM B. O. N. LTD. P. M. B. 177 MINNA 11371364 GARBA NASIR KUNYA KUNYA PHARM CHEMIST P.O.BOX 12710 KANO 11097282 GARUBA ABDUL-AZIZ 4 DENNIS OSADEBEY STREET, OFF SULEIMAN BARAU CRESCENT, PRESIDENTIAL VILLA ASOKORO, ABUJA, FED. CAPITAL 11097283 GBADAMOSI JIMOH OLORUNTOSIN ICON STOCKBROKERS LIMITED P M B 12689 LAGOS, LAGOS STATE LAGOS 11370761 GBAYEGE NATHANIEL OLUMAYOWA DIRECTORS OFFICE ADMIN DEPT. PMB 12003 11371039 GBERURU AUGUSTINE OGHENEDORO P. O. BOX 2186 14 GBEBURU STREET MOSOGAR 11372216 GBOBBO WORIKA INIMIEOKU LOVEDAY OKRIKA SOUTH CHIEF GBOBBO COMPD. TENDE AMA 11169776 GENERAL SEC.& FIN.CO.LTD-TRADED-STK-A/C LAGOS 11097296 GHANNI OMOWUNMI KIKELOMO 28 TAIWO KOYA STREET OFF OBA ADETONA STREET, ILUPEJU,LAGOS 11325768 GIDAUNIYA INV.& SEC.LTD-TRADED-STOCK-A/C LAGOS 11372535 GIMBA EDWARD PATRICK C/O PATRICK GIMBA P. O. BOX 5352 JIMETA YOLA 11372538 GIMBA ISA PATRICK P.O.BOX 5352 JIMETA YOLA ADAMAWA STATE 11372536 GIMBA MONICA PATRICK P. O. BOX 5352 JIMETA YOLA ADAMAWA STATE 11097289 GIWA UMEHEN ITSILOK C/O MR A M MUDEI DEPT OF PET RES P M B 2161 YOLA ADAMAWA STATE ADAMAWA 11371993 GIWA JOSEPH SUNDAY P. O. BOX 6169 SURULERE LAGOS STATE 11370726 GODWIN CHIKWENDY OGBONNA NNPC -PHRC LLD ADMIN &PERSI DEPT. P. O. BOX 585 11372116 GOVERNOR SAMUEL ELOHO BETHSDA GOSPEL CHURCH P. O. BOX 27 OLE 11371572 GUPTA UDAY 19/22 ONITSHA STREET TRANS-AMADI INDUSTRIAL LAYOUT PORT HARCOURT 11097297 GUSAU HADIZATU ISMAIL C/O ALH.ISMAILA GUSAU U B N P M B 2117 SOKOTO SOKOTO 11296636 HABIB NAJIB P.O.BOX 10324, KANO 11371363 HAMISU SAMINU C/O NASIR KHALID A GISEC LTD P.O.BOX 14427 11097305 HAMMED RAUFU BABATUNDE P O BOX 577 SOMOLU LAGOS 11326152 HANGA KABIR NOUR P.O. BOX 58 GYADI-GYADI, KANO KANO STATE 11097298 HARGREAVES ROGERS A 19 KINGSWAY GAYTON WIRRAL MERSEYSIDE, ENGLAND NON-RESIDENT 11912687 HARISU ABDULLAHI MASHI P.O. BOX 8539 WUSE - ABUJA 11303038 HARUNA SAMINU IBRAHIM C/O ABDULLAHI ATIKU PO BOX 5009 KANO KANO 11097308 HASSAN AKIN ISHOLA 31 OLADIMEJI STREET AGUDA S/LERE LAGOS LAGOS 11097300 HASSAN BABAH ROMANI C/O FINE ALUMINIUM PRODUCTS PLC P O BOX 402 KADUNA, KADUNA STATE KADUNA 11097309 HASSAN RISIKAT ABIOLA P.O.BOX 80061 LAFIAJI HEAD QUARTERS POST OFFICE 11371543 HASSAN ISIAKA ADIO 4 RAUFU ALAJO STREET AGEGE LAGOS STATE 11097301 HOWSE R ARCHER C/O CARMEL MONT NCOLLE ST BRELADE JERSER, C I NON-RESIDENT 11097302 HUGHES ROLAND METHODIST EDUCATION OFFICE P M B 45 OTUKPO, BENUE STATE BENUE 11326119 HUSSAIN BARAKA ABDULHAMID 17 KOFAR KWARU,GKIN GIDAN SARKIN KANO P.M.B 3002 KANO 11300267 HUSSAINI HAMIDU NO 3 OGUDU STREET OPPOSITE CENTRAL MOSQUE NORTH BANK MAKURDI 11395024 IBARA KENNETH AYEBATONYE ISE HANSON & CO. LTD. PLOT 287, AJOSE ADEOGUN STREET VICTORIA ISLAND, LAGOS 11097314 IBE R.A FIRST ALUMINIUM PRODUCTS PLC 20 MARINA, LAGOS LAGOS 11372124 IBE ISAAC P.O.BOX 145 WARRI DELTA STATE 11097315 IBEAGU WILSON P O BOX 271 PORT HARCOURT, RIVERS STATE RIVERS 11306494 IBEKWE MICHAEL 129, EHI ROAD ABA, ABIA STATE 11371565 IBENEME CHUKWUMA CHRISTIAN 27 SHOMOYE STREET OMOTOYE ESTATE ORILE AGEGE 11372626 IBIDAPO-OBE OLUBUNMI COMFORT P.O.BOX 954 SHOMOLU LAGOS STATE 11303015 IBRAHIM KAWUYARO FADIMATU C/O MUSA LAWAL LUKMAN GIDAUNIYA INV & SEC LTD PO BOX 14427, KANO 11371180 IBRAHIM RONKE SIKIRAT 10 OLUBODUN STREET ITIRE SURULERE LAGOS STATE 11371932 IBRAHIM SULAIMAN IBRAHIM C/O SIGMA SECURITIES LTD P.O.BOX 75511 V/I 11371847 IBRAHIM SURAJU 26 POST OFFICE ROAD P.O.BOX 4412 KANO 11327178 IBRAHIM USMAN USMAN IBRAHIM, C/0 UMARU AHMAD AGENCY TON. MASS EDUC. P.M.B 3258 KANO STATE 11372155 ICHEKE DEREK CHUKWUEMEKA C/O MRS E. O. OKAFOR UNION BANK OF NIG. P. O. BOX 1212 11372154 ICHEKE DEREK VINCENT C/O MRS E. O. OKAFOR UNION BANK OF NIG. P. O. BOX 1212 11372575 IDOGUN OLUSEGUN ISRAEL FOURSQUARE GOSPEL CHURCH DISTRICT HQTS P.O.BOX 289 11097389 IDOWU ADEBOWALE ABIMBOLA P O BOX 9039 LAGOS LAGOS 11097321 IDOWU LATEEF FIRST ALUMINIUM CO P O BOX 1071 LAGOS, LAGOS STATE LAGOS
70 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11097357 IDOWU OLAWALE OLASUPO P O BOX 9082 LAGOS LAGOS 11912466 IDOWU GBEMILEKE TOYIN BLOCK 1, FLAT 2 GWARUMPA ESTATE ABUJA 11371411 IDOWU O.OLUWANIFEMI BOLUTITO P. O. BOX 9039 MARINA LAGOS STATE 11371412 IDOWU OLUWAFERANMI OLAWOLE P. O. BOX 9039 MARINA LAGOS STATE 11325937 IDOWU OLUWASEYI ANTHONY 6 ABIODUN STREET IFAKO AGEGE LAGOS 11371409 IDOWU OLUWASOLAPE OLAIDE P. O. BOX 9039 MARINA LAGOS STATE 11371410 IDOWU OLUWATOONI OLUWADARAFUMI P. O. BOX 9039 MARINA LAGOS STATE 11097356 IDOWU, LOUISA I.& JOHN O. (ADMORS TO THE ESTATE OF IDOWU JOSEP P.O.BOX 717 YABA LAGOS 11912265 IDRIS UBALE MOHAMMED P O BOX 2183, GARKI, ABUJA, 11370639 IDUN EMMANUEL IKUKU P. O. BOX 15128 IKEJA LAGOS STATE 11097365 IFE-ADEDIRAN MONSURAT TITILOLA P O BOX 1190 IKEJA LAGOS LAGOS 11097390 IFENKWE ROSELINE CHINYERE P.O. BOX 710, FESTAC TOWN, FESTAC TOWN, LAGOS 11097373 IFEONU IKENNA DANIEL P O BOX 459 AGUATA L G A ANAMBRA STATE ANAMBRA 11372335 IGBASI UCHE THECLA BIOCHEMISTRY DIVISION N.I.M.R. PMB 2013 11289034 IGBIN-AKENZUA EBOIGBE ELIAS P.O. BOX 25197 VICTORIA ISLAND LAGOS 11097399 IGBINOVIA ESOSA P O BOX 80163 LAFIAJI LAGOS LAGOS 11912381 IGBINOVIA ESOSA STELLA C/0 COLVIA SECURITIES LTD. P.O.BOX 80163, LAFIA LAGOS 11371694 IGBOANUGO IKECHUKWU BONAVENTURE P.O.BOX 13100 IKEJA LAGOS STATE 11300108 IGBUDU EDDY CHIMEZIE C/O LANRE RAHEEM, P. O. BOX 10422, MARINA, LAGOS STATE, 11097393 IGE JOHN OLADAPO P O BOX 4279 IKEJA LAGOS 11370566 IGE JOHN OLADAPO P. O. BOX 4279 IKEJA LAGOS 11097327 IGHO SAPELE VICTOR CHARTERED ALUMINIUM SYSTEMS LTD, 134 HAPPY HOME AVENUE, MAZA MAZA, P. O. BOX 73058, VICTORIA ISLAND, 11278172 IGHO UFUOMA SOWHO 11 DEGEMA CLOSE APAPA LAGOS 11371837 IGWE DONATUS 41 PORT HARCOURT ROAD ABA ABIA STATE 11372396 IHAZA TENNISON UHUENKPENMA P. O. BOX 3594 BENIN CITY EDO STATE 11097367 IHEANACHO FABIAN MADUAKOLAM DRILLOG PETRO-DYNAMICS LTD BOX 5998 P/HARCOURT RIVERS STATE RIVERS 11097328 IHEDINMA EMMANUEL O BLOCK 211 FLAT 1 LSDPC IAKANDE ESTATE AMUWO ODOFIN MILE2 LAGOS BADAGRY EXP.WAY LAGOS 11097329 IHUNDA NELSON O FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11370738 IJAGBEMI ALFRED IBIKUNLE CHRIST APOSTOLIC CHURCH IKOYI IJUMU LGA KOGI STATE 11174453 IJA-OLA OLAYIWOLA ATANDA (DEACON) 107, OLODE STREET IJEBU-ODE OGUN STATE 11165829 IJEOMA GEORGE AKACHUKWU 11B, WILLOUGHRY STREET EBUTE-METTA - EAST LAGOS 11097402 IJEZIE OKWUDILI 33 ADERIBIGBE STR P O BOX 2049 SURULERE LAGOS STATE LAGOS 11371232 IJEZIE ATHANATIUS C/O ST JOHN’S ANGLICAN CHURCH UMUNUMO EHIME-MBANO 11097395 IKE OSITA JOSEPH P O BOX 4387 ABA ABIA STATE ABIA 11372232 IKEANAEKE CHINEDU OKECHUKWU WARD 11 P. O. BOX 27. ICHI 11371614 IKEBUDU CHINWE CHRISTIANA P.O.BOX 2303 OSHODI LAGOS STATE 11097355 IKECHI FESTUS DEPT. OF FRENCH , FACULTY OF ARTS UNIVERSITY OF LAGOS AKOKA 11097351 IKOMI OTIMEYIN ANDREW CITIBANK NIGERIA 1 IDOWU TAYLOR STREET VICTORIA ISLAND 11371390 IKUOMOLA OLASUNBO OLORUNJONI P.O.BOX 573 AGEGE LAGOS STATE 11370824 IKWUKAH MIRIAM IFEANYINWA HERBERT NO. 21 IJEH AVENUE BY 105 FAULKS RD P.O.BOX 309 11372559 ILEDO SAMUEL SULE ST JAMES ANGLICAN CHURCH P.O.BOX 27 JATTU-UZAIRUE 11289075 ILODIANYA PATRICK EBUKA 56 MODUPE JOHNSON CRESCENT SURULERE LAGOS 11097396 ILOGU DEC’D JOY CHINWE ALLEGED DECEASED ALLEGED DECEASED LAGOS 11371243 ILOH GABRIEL CHUKWUEMEKA P.O.BOX 8557 ABAKPA NIKE ENUGU STATE 11097366 ILORI ALADE P O BOX 623., SAPON ABEOKUTA, OGUN STATE. 11097379 ILORI EMMANUEL ALADE P O BOX 623 SAPON ABEOKUTA OGUN STATE OGUN 11384412 IMAM ALI NO 864 G/DUTSE KANO CITY C/O GISEC, P.O.BOX 14427, KANO 11097331 IMHANZENOBE A.ROLAND FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11097332 IMOH PAUL FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVER STATE RIVERS 11417198 IMOHI OHIS 90 LADIPO STREET MUSHIN LAGOS 11306613 INDABAWA ADO JIBRIL NO 56 INDABAWA QTRS P.O.BOX 11269 KANO KANO 11097333 INTERSTATE SECURITIES LTD 21-25 BROAD STREET LAGOS, LAGOS 11278378 INUWA MUJTABA 28 MAKWALLA KANO CITY P.O. BOX 14427 KANO 11326338 INUWA UMMA C/O INUWA MUSA KWANKWAZO P.O.BOX 3248, KANO KANO STATE 11371577 INYANG EKANEM OKON P.O.BOX 1071 IKEJA LAGOS STATE 11097398 IPAYE IBILOLA OLASUMBO 1 MOLIKI STREET, OFF ALAFIA MUSHIN LAGOS STATE 11326012 ISA DUTSE UMAR C/O MUSA L.LUKMAN P.O.BOX 14427 KANO 11306648 ISA DUTSE UMAR C/O MUSA L.LUKMAN P.O.BOX 14427 KANO 11370594 ISA SULEIMAN DATTI C/O L.B.S PO BOX 10337 KANO 11397274 ISA YAKUBU INNOCENT P.O.BOX 1162 JOS, PLATEAU STATE 11912641 ISAMUYIDE MOSES K.O. NIGERIAN BOTTLING COMPANY PLC P.O. BOX 10, MOBIL ROAD APAPA, AJEGUNLE, LAGOS 11371731 ISHOLA TAIWO OLABAMIJI GTB PLC 11B JIMOH ODUTOLA ST. P. O. BOX 36775 11097335 ISICHEI PETER FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11097336 ISINGUZO SUNNY B FIRST ALUMINIUM PRODUCTS PLC P O BOX 402 KADUNA, KADUNA STATE KADUNA
2012 Annual Report & Financial Statements 71 Unclaimed Dividends for the year ended 31 December 2012
11097410 ISIODU EUGENE CUBUBA P O BOX 1609 ENUGU ENUGU STATE ENUGU 11097339 ISMAIL OLATUNJI P O BOX 10168 MARINA, LAGOS LAGOS 11912755 ISMAILA BALA P.O.BOX 1430 CENTRAL POST OFFICE P/H RIVERS STATE 11371983 ISOLA GBEMISOLA P. O. BOX 10402 MARINA LAGOS STATE 11372352 ITOYAN EHIZIBUE SIMON P. O. BOX 309 UROMI EDO STATE 11097340 IWARISO I.ISSAC FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11371066 IWUABA EBERE EUPHEMIA JULIANA C/O DISEYE WEREGHA G. P. O. BOX 13765 PORT HARCOURT 11325990 IWUCHUKWU CHIOMA NADIA 52 OLORUNLOGBON STREET ANTHONY VILLAGE LAGOS 11097341 IYALLA CHRISTIAN T P O BOX 743 PORT HARCOURT, RIVERS STATE RIVERS 11371732 IYANDA JOSHUA GUARANTY TRUST BANK PLC P. O. BOX 36775 IBADAN 11097359 IYIOLA ADEGBOYEGA P O BOX 945 IKEJA LAGOS LAGOS 11325805 IYIOLA & SONS C/O AKITORCH SECURITIES LIMITED P.O.BOX 5715 IKEJA LAGOS STATE 11326068 IYIOLA A. & SONS A. IYIOLA & SONS 133 EJIGBO ROAD IDIMU P.O.BOX 945 IKEJA LAGOS STATE 11327475 IYIOLA A. & SONS A. IYIOLA & SONS 133 EJIGBO ROAD IDIMU P.O.BOX 945 IKEJA LAGOS STATE 11300142 IYIOLA A. & SONS A. IYIOLA & SONS 133 EJIGBO ROAD IDIMU P.O.BOX 945 IKEJA LAGOS STATE 11372071 IZEBHIJIE MOSES ODIAHI NIGER BISCUIT CO LTD 35 CREEK ROAD P. O. BOX 1126 11417199 IZIOKHAI IMOUDU STEVE 30 MODUPE STR. YABA - LAGOS 11097342 IZUORGU EBENEZER FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11097343 IZUWAH RAYHOND FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11370641 JACK ZIPPORAH JOB COCIN NASSARAWA GWONG P.O.BOX 6903 JOS 11372496 JACOB AUGUSTINE P.O.BOX 653 MUSHIN LAGOS STATE 11097412 JAJA G FIRST ALUMINIUM PRODUCTS PLC 20 MARINA, LAGOS STATE LAGOS 11912360 JALEKUN TIMILEHIN KAYODE PO BOX 7254 MARINA - LAGOS 11372050 JAMILU MUSA MANSUR NO. 7 WAHABI STREET OFF PAPA- UKU AGEGE 11912776 JAMODU BODURIN GODWIN P.O.BOX 3046 SABO YABA LAGOS STATE 11097427 JARIKRE FRANCIS U.S. ALLEGED DECD ALLEGED DECD LAGOS 11325668 JAWO JOHNSON OLAKUNLE BOX 6359 MARINA LAGOS STATE 11097413 JEGEDE EMMANUEL FIRST ALUMINIUM PLC PACKAGING DIVISION, NO2, AKILO ROAD, IKEJA LAGOS 11372436 JEGEDE TAIWO SOLOMON 1 ALHAJI AJAYI STREET YAKOYO ROAD GBADAMOSI B/STOP 11370677 JEHWO IGHOFIMONI GODWIN L &M. S. DEPT DSC LTD PMB 1220 11306625 JENYO AYOOLA CECILIA 23 BALOGUN STREET SHOMOLU LAGOS 11417170 JEROME INEMESIT EMMANUEL MBC INTERNATIONAL BANK LIMITED 124 EFFURUN/SAPELE RD. BY AIRPORT JUNCTION,EFFURUN DELTA STATE 11097418 JIBRIL MOHAMMED BABA FIRST ALUMINIUM PRODUCTS PLC P O BOX 402 KADUNA KADUNA 11326169 JIBRIL ABDULHAMID C/O MUSA LAWAL LUKMAN GIDAUNIYA INV & SEC LTD PO BOX 14427, KANO 11097423 JIBUNOH AMBROSE EMEKA P M B 12708 MARINA LAGOS LAGOS 11097422 JIBUNOH FRANCA CHIEDU P O BOX 794 OSHODI LAGOS LAGOS 11296699 JIDE-JOHNSON THOMAS OLAYINKA 7 ODO-OSHUN STREET VIA OMIDIDUN STREET LAGOS 11097414 JIMOH A.O FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT HARCOURT, RIVERS STATE RIVERS 11303016 JIMOH ADEYEMI C/O MR. I. ONAKOYA 29 OLOWU STREET, BARIGA LAGOS 11300110 JIMOH SALAMA TITILAYO BLOCK 286, FLAT 3 C/O P.O. BOX 3885 FESTAC TOWN, LAGOS 11306632 JIMOH SALAMA TITILAYO BLOCK 286, FLAT 3 C/O P.O. BOX 3885 FESTAC TOWN, LAGOS 11097416 JOE ISAAC ORITSEWEYINMI U B N PLC OBA AKRAN AVENUE P O BOX 21064 IKEJA LAGOS 11325700 JOHN DEHINDE ISAAC P.O. BOX 1465 AGEGE LAGOS STATE 11097732 JOHNBULL O OUSERIGHA FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT RIVERS STATE 11097415 JOHNSON T A OLAJIDE 120 LEWIS STREET LAGOS, LAGOS STATE LAGOS 11372371 JOLAYEMI ABIMBOLA CHRISTIANA BLOCK 17 FLAT 2 PHASE 1 LSDPC HOUSING EST. ADENIJI ADELE RD 11371324 JOSEPH-ABAKUS AUSTIN EBEJUN P.O.BOX 6763 MARINA LAGOS STATE 11097443 KABIAWU GANI OLAWALE 37 ODUNFA STREET P O BOX 9122 LAGOS LAGOS 11371299 KABIRU SHAAIBU SHINKAFI C/O FBN PLC SHINKAFI BRANCH PMB 2 11289105 KADIRI SEIDU U.B.N.PLC REGISTRAR’S DEPARTMENT 2 BURMA STREET APAPA LAGOS 11327477 KAG-GIFT CONSULT 231, MAHMOND HOUSE, SANI MAINAGGE QUARTERS, KANO P.O. BOX 11767, KANO 11097428 KALU ENKATA U FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11097446 KALU NWOKEKA 63 POUND ROAD P O BOX 1137 ABA ABIA 11370827 KALU NWANNE OGBUWA BLOCK K OKASON ESTATE OGBOR HILL P.O.BOX 2867 11372351 KALU -OGBU UGOEZE FLORENCE EBELE UNION BANK OF NIG PLC UMUOGHAM PMB 7359 11300274 KAMALUDDEEN MOHD LAWAN NO 184, INDABAWA QUARTERS C/O GIDAUNIYA INV & SEC LTD P.O.BOX 14427, KANO. 11371075 KAMIYOLE OLABISI TAIWO GOVERNMENT TECHNICAL COLLEGE 28 OBAFEMI AWOLOWO WAY P. M. B. 1011 11371202 KAREEM OLATUNJI FBN LTD (WBO) CHALLENGE IBADAN 11306634 KATCHY DANIEL CHINEDU PO BOX 3041 SABO - YABA LAGOS 11920894 KAZEEM WASIU IYANDA P.O.BOX 7606 MARINA LAGOS N LAGOS STATE 11372606 KEHINDE DEBORAH OLUWAKEMI C/O NEW LAGOS COLLEGE 6 ADEKUNLE/ADEKOYA ST OFF AWOYOKUN ST 11371333 KEHINDE OLUMIDE LUKE P. O. BOX 3792 SHOMOLU LAGOS STATE 11097431 KENE LUKE FIRST ALUMINIUM PRODUCTS PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11912540 KENT ASSET MANAGEMENT LTD C/O OBINNA OKEREKE NO 19 AFARIOGUN STREET OFF AWOLOWO WAY LAGOS STATE 11097450 KILISHI MUHKTAR YUSUF A-I GWAMMAJA ESTATE P O BOX 731 KANO KANO
72 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11097432 KINANE NEHEMIAH E FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11300094 KOFMART VENTURES LTD., 1, DAGUNRO CLOSE, OFF ASSOCIATION AVENUE OJOTA, P.O.BOX 3462, SHOMOLU, LAGOS 11097452 KOKANGBON INVESTMENTS LTD P O BOX 826 LAGOS LAGOS 11097444 KOLADE CHRISTOPHER OLUSOLA C/O CAPITAL TRUST BROKERS LTD P M B 12892 LAGOS LAGOS 11097433 KOLADE PAUL ‘’TOLA-BUYERM VENTURES LTD. 33, YAKWO ST., BARNAWA NEW EXTENSION P.O.BOX, 4456 KADUNA KADUNA 11097434 KOLAWOLE OMOWAYE FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11371791 KOLEOSO FOLASADE ARINADE G. P. O. BOX 31222 DUGBE IBADAN OYO STATE 11397904 KOSOKO MUH’D MUMTAZ ADEWALE 12,ASSOCIATION CLOSE, OGUDU-G.R.A. LAGOS. 11912448 KRIS-KAROL HOLDINGS LTD LAGOS LAGOS LAGOS 11326337 KWANKWASO INUWA MUSA P.M.B. 3223, KANO KANO STATE 11371365 LABARAN MU’AZ BABA C/O GISEC LTD P.O.BOX 14427 KANO 11300283 LABARI ADAMS JAMES P O BOX 58 APAPA LAGOS STATE 11097473 LAGUNJU OLATUNJI AYOOLA P O BOX 80267 LAFIAJI LAGOS ISLAND LAGOS STATE 11372145 LASILO OLANIYI PETER 7 ABDUL RASAK STREET ORILE OSHODI LAGOS STATE 11912623 LATUNDE ISAAC OLATUNDUN P.O.BOX 37571 DUGBE IBADAN 11097479 LAWAL MOJEED BABATUNDE C/O FATAI LAWAL P.O. BOX 80039 LAFIAJI LAGOS LAGOS 11372518 LAWAL IDIAT FOLASHADE LAWAL IDIAT FOLASADE, P O BOX 780, OFFA, KWARA STATE 11325902 LAWAL LABARAN MOHAMMED MALLAM P.O. BOX 4140 KANO 11325792 LAWAL LABARAN MOHAMMED MALLAM P.O. BOX 4140 KANO 11098213 LAWRENCE MORGAN UKPE FIRST ALUMINIUM PRODUCTS PLC AGEGE, LAGOS STATE LAGOS 11370646 LEMUELS SHARON LEMUELS FLAT ONE LETHERAN CHURCH JOS 11397871 LIMANCHI SANUSI AHMAD C/O SANI IBRAHIM GWAMMAJA P.O.BOX 5192 KANO KANO STATE 11097501 M L SECURITIES LIMITED 27/29 MARTINS STREET P O BOX 1703 LAGOS LAGOS 11165838 MABADEJE FOLARIN ADEYEMI BOX 50517 FALOMO IKOYI LAGOS 11384382 MADU JOSEPHINE CHIJIOKE ST NICHOLAS HOSPITAL 57 CAMPBEL STREET P.O. BOX 3015, LAGOS ISLAND, LAGOS 11912777 MADUFORO GOLDEN C. P.O. BOX 3072 OWERRI IMO STATE 11372181 MAGAJI FOLORUNSHO P.O.BOX 4852 ILORIN KWARA STATE 11097520 MAGNIFICENT INTERIORS NIGERIA LTD 35 AWOLOWO ROAD P O BOX 4536 LAGOS LAGOS 11097500 MAINLAND TRUST LIMITED 8/10 BROAD STREET P.O.BOX 7359 LAGOS LAGOS 11326336 MAITAMA MAIJIDDA YUSUF 1 TARAUNI QRTRS, PO BOX 2153, BOMPAI, KANO 11097510 MAKANJUOLA BABATUNDE JAMIU 112 PALM AVENUE MUSHIN LAGOS LAGOS 11371818 MAKILOLO ISAAC GODDEY P.O. BOX 10973, MARINA G.P.O. MARINA, LAGOS. 11097517 MAKINDE ANNE EBOT TANSI U B A PERS DIVISION U B A HOUSE 57 MARINA P O BOX 2406 LAGOS LAGOS 11097518 MAKINDE JOHNSON AKINLADE P.O. BOX 5458, MARINA, 11372473 MAKINDE MODINATU REMI 18 OGUNGBE STREET OFF OKOYA AJEGUNLE APAPA 11372560 MAKINDE VINCENT EKHADONHE ST PHILITS CATHOLIC CHURCH P.O.BOX 200 JATTU-UZAIRUE 11372011 MALAMI MUSTAPHA BABBAR-RIGA P.O.BOX 3449 HUBBARE AREA SOKOTO 11097534 MANSIR SULEIMAN NIGERIA DEPOSIT INSURANCE CORP., KANO ZONAL OFFICE, M/M AVENUE, HOTORO G.R.A, P.M.B. 3208, KANO STATE. 11417156 MARVEL TRADES & SERVICES 9TH FLOOR LSDPC HOUSE NNAMDI AZIKIWE STREET P.O.BOX 8077 SOMOLU LAGOS STATE 11097512 MATHEW-DANIEL VICTOR OLAYIWOLA 32 IKOYI ROAD LAGOS LAGOS 11371342 MAYIKO JOSIAH OWHOBEVUGHE CORONA SCHOOL GBAGADA P.O.BOX 295 11097487 MBAMA SIMEON FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11417865 MBAMALU UCHECHUKWU IJEOMA P.O.BOX 2878 MARINA LAGOS 11097513 MBANE FRANCIS ETIM UNION BANK OF NIG PLC UYO AKWA IBOM STATE AKWA IBOM 11097490 MEJURU LAWRENCE.N FIRST ALUMINIUM PRODUCTS PLC P O BOX 402 KADUNA, KADUNA STATE KADUNA 11371664 MENEKARA KELVIN NWILEBABARI 6 AGGREY ROAD PORT HARCOURT RIVERS STATE 11097519 MESHACK-HART SONNY FEDERAL SECRETARIAT P O BOX 7637 PORT HARCOURT RIVERS 11174440 MEWASE OLADAPO THOMAS TEXACO OVERSEAS NIG. PET. CO. LTD P. O. BOX 467 WARRI 11912344 MGBOKWERE EMEKA BUDDY 87, IWAYA ROAD,,ONIKE, P O BOX 3235, SABO ,YABA, 11097526 MINULIS EMPORIUM LTD P.O. BOX 11880 GARKI ABUJA 11278439 MOBOLADE JIDE P.O.BOX 369 LAGOS LAGOS STATE 11289028 MOBOLADE T.O.(REV.) P.O.BOX 12054 LAGOS 11097528 MOBOLAJI TIJANI UTHMAN 3 ADUNNI STREET ILAJE AKOKA P O BOX 1880 SHOMOLU LAGOS LAGOS 11097492 MOHAMMED ABUBAKAR FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11097493 MOHAMMED F.U. 14 TAIWO STREET UNITY ESTATE ABULE ODU B/STOP EGBEDA IDIMU ROAD EGBEDA LAGOS 11325748 MOHAMMED ADEOTI KUDIRAT 6/8 PEDRO ST IWAYA - YABA LAGOS 11372353 MOHAMMED BASHIR MOHAMMED UNION BANK ZOO ROAD BRANCH KANO 11098272 MOHAMMED LAWAL ZUBAIRU FIRST ALUMINIUM PRODUCTS P O BOX 402, KADUNA KADUNA 11371287 MOHAMMED SANDA UMAR C/O FIRST BANK OF NIG PLC PMB 1001 MICHIKA 11371199 MOJEED FATAI ADELEKE P. O. BOX 314 OTA OGUN STATE 11173220 MOLTEN TRUST LTD-TRADED-STOCK-A/C 135 IGBOSERE ROAD, LAGOS 11371561 MOMOH RASHEED 2 AKILO STREET OGBA IKEJA LAGOS STATE 11912495 MONEYFIELD SERVICES AND TRUST LIMITED 7, IGBOUKWU STREET, OFF KADUNA STREET, D/LINE, PORTRHARCOURT RIVER STATE 11097494 MONOKPO DINEE FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS
2012 Annual Report & Financial Statements 73 Unclaimed Dividends for the year ended 31 December 2012
11325770 MORGAN-DEPOSIT A/C TRUST & ASSET MANAGEMENT PLC TRUST & ASSET MANAGEMENT PLC LAGOS 11370711 MORONKOLA OLAWALE AKANBI UI P. O.BOX 22110 IBADAN OYO STATE 11097496 MPAMAUGO DAVID FIRST ALUMINIUM PRODUCTS PLC P O BOX 2160, LAGOS STATE LAGOS 11096855 MU’AZU HALIMA & BALA SAFIYA (ADMORS TO THE ESTATE OF ABDULHANO.C 202 KOBI STREET, P.O.BOX 2964 BAUCHI 11370730 MUA’ZU MUHAMMAD TUKUR DEPT. OF CURRICULUM STUDIES COLLEGE OF EDUCATION PMB 05 11395007 MUHAMMAD JAZULI P.O. BOX 12617 KANO, KANO STATE 11165797 MUKHTAR TANIMU LAGOS 11097523 MULTINATIONAL INVT. & SECURITIES LTD P.O.B0X 3423 SABO-YABA,LAGOS 11097497 MUNONYEDI S M FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11371885 MUSA A MOHAMMED P. O. BOX 13 WAMBA NASARAWA 11370744 MUSA SANI MAFARA OPP BANK OF THE NORTH P. O. BOX 185 T/MAFARA 11371207 MUSTAPHA OLASUNKANMI SAHEED P. O. BOX 4458 IBARA ABEOKUTA OGUN STATE 11397850 NAGENU MUHAMMAD BABA P.O. BOX 9628 MARINA - LAGOS 11371748 NAKWARAI MUBARAK BELLO P.O.BOX 1009 8 FAGGE TA KUDU 11371400 NANH RANSOM NDUBUSI RYTEECH SYSTEM SOLUTIONS LTD APD KONSULTANTS LTD 154 AWOLOWO WAY 11372009 NASIR AHMED RUFAI MIN OF SOLID MRL. DEV MINES DEPT P. M. B. 99 11097625 NDAM LOHDAM 27 SHEDAM STREET JOS PLATEAU PLATEAU 11912123 NDIULO HENRY BBC WORLD SERVICE 6F WALTER CARRINGTON CRES.IKOYI-LAGOS 11097536 NDUBUOGARANYA CHRISTOPHER 47 OKIJA ST P O BOX 100011 MILE 1 DIOBU, PORT HARCOU RIVERS 11097537 NDULAKA UGWUNNA ANTHONY FIRST ALUMINIUM PRODUCTS PLC AGEGE, LAGOS STATE LAGOS 11296651 NDULEWE-ANYANWU MUNACHI JUNE NO 1A CHIME AVENUE NEW HAVEN ENUGU ENUGU STATE 11371084 NEBO CAROLINE NNENNA P. O. BOX 378 221 AGBANI ROAD ENUGU 11097540 NIGERIAN STOCKBROKERS LIMITED NAL TOWERS 20 MARINA P O BOX 4591, LAGOS LAGOS 11097626 NJEAKOR HEZEKIAH NWAFOR P O BOX 4885 KANO KANO STATE KANO 11912798 NJOH PROMISE WOKENEZI SHELL PET.DEV CO. LTD P.O.BOX 263(PMEBI) PHC RIVERS STATE 11097590 NJOKU LOUIS SUNDAY 11 GEORGE STREET OLODI APAPA LAGOS LAGOS 11097541 NJOKU MARGRET C FIRST ALUMINIUM CO NIG PLC P BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11372333 NJOKU GEORGINA MALUCHUKWU 5 AWOYOKUN STREET ONIPANU LAGOS 11097542 NKODO IKPE TITUS FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11097543 NKWOADA JOHN O FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11289033 NNADI ELOCHUKWU NO 7A ASA-AFARIOGUN STREET AJAO-ESTATE LAGOS LAGOS STATE 11289032 NNADI OGECHI CARL 3 MEDUA OFUANI ST. AJAO ESTATE P.O.BOX 12961, IKEJA 11325682 NNADI OGECHI CARL 3 MEDUA OFUANI ST. AJAO ESTATE P.O.BOX 12961, IKEJA 11326008 NNADI OGECHI CARL 3 MEDUA OFUANI ST. AJAO ESTATE P.O.BOX 12961, IKEJA 11306519 NNADI STELLA CHINYERE 7A ASA-AFARIOGUN STREET AJAO ESTATE P.O.BOX 12961 - IKEJA - LAGOS 11097544 NNAH JOHNSON C FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11097622 NNEJI NICHOLAS NWALOZIE FBN (MERCHANT BANKERS LTD P M B 12715 LAGOS LAGOS 11371246 NNODIM GODFREY ONYEOZIRILANWEMBA POWER HOUSE DEPT NIGERCEM PMB 01331 11325938 NNOLI OBIORA JUDE 31 BROWN RD AGUDA, S/LERE PO BOX 305, MARINA - LAGOS 11325938 NNOLI OBIORA JUDE 31 BROWN RD AGUDA, S/LERE PO BOX 305, MARINA - LAGOS 11165771 NOVA FINANCE & SECURITIES - DEPOSIT A/C SPEEDWAY HOUSE, 1ST FLOOR 21, ARAROMI STREET ONIKAN, LAGOS 11097545 NSIRIK DANIEL A COMMUNITY PRIMARY SCHOOL IGWURUTA P A PORT-HARCOURT, RIVERS STATE RIVERS 11097591 NSOFOR GODWIN NNAEMEKA FED UNIV OF TECH P M B 65 MINNA NIGER STATE NIGER 11097546 NTC PROV FUND TRUST CO LTD P O BOX 137 LAGOS, LAGOS STATE LAGOS 11289059 NWABUEZE IJEOMA EVELYN 4TH AVENUE,41 ROAD K CLOSE,HOUSE 1 FESTAC TOWN LAGOS STATE 11097547 NWACHUKU AUGUSTINE FIRST ALUMINIUM PRODUCTS PLC P O BOX 402 KADUNA, KADUNA STATE KADUNA 11097615 NWACHUKWU CHINWENOU HULDAH 193 TETELOW ROAD OWERRI IMO IMO 11097589 NWAEFULU MICHAEL FIDELIS BOX 71508 VICTORIA ISLAND LAGOS LAGOS 11097606 NWAFOR CHIBUZO 5TH AVENUE T CLOSE HOUSE 4 P.O. BOX 2699 FESTAC TOWN LAGOS LAGOS 11371473 NWAGBARA NDUBUISI ZENITH NIGERGROUP CO. LTD PMB 5225 PORT HARCOURT 11116194 NWAGU FRIDAY ALLEGED DECD LAGOS 11372417 NWAJEI NDUBUISI SAMUEL NO. 37 IBIYE ROAD IBIYE TOWN OFF BADAGRY ROAD 11417799 NWAJIUBA NNABUGO ONYEKACHI 11 AKOKO CRESCENT KAJOLA YAKOYO, OJODU, IKEJA LAGOS 11097608 NWAKANMA PRINCE JONATHAN P M B 1281 APAPA LAGOS LAGOS 11097550 NWAKETO DAN I.K P O BOX 23 IKEDURU IMO STATE, IMO 11097551 NWANESI NGOZI P FIRST ALUMINIUM PRODUCTS PLC P O BOX 402 KADUNA, KADUNA STATE KADUNA 11097598 NWANGANGA DICK 133B ABA/OWERRI RD BOX 43 ABA ABIA STATE ABIA 11097552 NWANKWO GLADYS P O BOX 50325 FALOMO IKOYI, LAGOS LAGOS 11097553 NWANKWO JOEL C CHARTERED ALUMINIUM SYSTEMS LIMITED P. O. BOX 12287 PORT HARCOURT 11097629 NWANKWO THERESA CHIDI C/O FED MORTGAGE BANK P M B 5370 PORT HARCOURT RIVERS 11371840 NWANKWO MAGNUS CHIDOZIE C/O GLADYS URUAKPA 7AMPH BN NIG ARMY DAVID EJOOR B/R 11912500 NWANKWO OBIORA PATRICK P.O.BOX 41 APAPA LAGOS STATE 11097594 NWANZE CHRISTOPHER NGOZI 5 KOFOWOROLA SQUARE OBELE-ODAN SURULERE LAGOS LAGOS 11097554 NWAOGWUGWU U.EMMANUEL FIRST ALUMINIUM PRODUCTS OLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11097555 NWAOHANMUO FRIDAY FIRST ALUMINIUM PRODUCTS PLC P O BOX 402 KADUNA, KADUNA STATE KADUNA
74 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11097582 NWAOZOR LAZARUS ADIKAIBE UZOMA PEME SHELL PET DEV CO NIG LTD P O BOX 263 PORT HARCOURT RIVERS 11097556 NWARIGBO STEPHEN FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11371757 NWAUGHA VINCENT UGOCHUKWU C/O PANALPINA W.T. NIG LTD P.O.BOX 6249 GARKI ABUJA 11097558 NWEKE SAMUEL OBOKWE TOWN OKPALA P O BOX 6 OKPALA, IMO STATE IMO 11371541 NWENE CHUKA SOKEI P.O.BOX 53163 FALOMO IKOYI LAGOS STATE 11372012 NWILE CHINWE CLEMENTINA UCHENNA P. O. BOX 1989 SHOMOLU LAGOS STATE 11371976 NWOBI CHUKWUDIFU 55 DOUGLAS ROAD P. O. BOX 396 OWERRI 11097559 NWODO J U IGWE OKWULORO 11 OF UKEHA UKEHA HOUSE NSUKKA ENUGU STATE 11372344 NWOGWUGWU EZEIGBO EBENEZER NO 19B MBUTU AVENUE P. O. BOX 1220 ABA 11370630 NWOKE CHARLES ADIHA 5 SHOMUYIWA STREET OFF SHOGAMU ST IFAKO NEW GARAGE B/STOP 11097560 NWOKO GRACE FIRST ALUMINIUM PRODUCTS PLC P O BOX 402, KADUNA KADUNA 11097561 NWOKORIE IKECHUKWU I FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT HARCOURT, RIVERS STATE RIVERS 11097604 NWORAH JUSTINA CHINYERE CHEVRON NIG.LTD P O BOX 1031 PORT HARCOURT RIVERS 11097576 NWOSA ELEAZER EMEFIENA P O BOX 73277 V/ISLAND POST OFFICE 11289110 NWOSU CHINEDU UDO LAGOS LAGOS LAGOS 11097565 NWOSU MAXWELL ENYINNA FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11097566 NWOSU NLENANY FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11372455 NWOSU BEATRICE UROWOLI 7 ERENGWA ST/ 111 OKIGWE ROAD P.O.BOX 6098 11372457 NWOSU CATHERINE TOSAN 7 ERENGWA ST/ 111 OKIGWE ROAD P.O.BOX 6098 11296646 NWOSU MILTON OGBONNAYA NIG NAVAL DOCKYARD WILMOT POINT, V/ISLAND PMB 12664, LAGOS 11372242 NWOSU PATRICIA ADAOSI WARD 11 P. O. BOX 44 ICHI EKWUSIGO 11372454 NWOSU VICTORIA ONYEKACHI 7 ERENGWA ST/ 111 OKIGWE ROAD P.O.BOX 6098 11097567 NWUKE EGBUCHULEK FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11097568 NYA A.S P O BOX 54247 IKOYI, LAGOS STATE LAGOS 11097569 NZEGWU GABRIEL OKECHUKWU . . ANAMBRA 11097595 NZEKWE DANIEL CHUKWUDI UNION BANK OF NIG PLC AREA OFFICE OGUI RD ENUGU ENUGU 11372111 NZEKWE EMMANUEL IDOS STANDARD CO ,LTD P.O.BOX 563 MAIN POST OFFICE P.HARCOURT 11097630 NZEKWUDU JOSEPH O E UMUAWA UBACHIMA BOX 170 IMO STATE IMO 11370813 NZEPUOME SYLVESTER A. NO. 99 SCHOOL ROAD P.O.BOX 2185 ABA 11372167 OBA EDWIN CHUKWUELOKA ST JOHN’S ANGLICAN CHURCH FALOMO IKOYI LAGOS STATE 11370891 OBAGUNWA SUNDAY ADELAKUN P.O.BOX 448 OWO ONDO STATE 11912559 OBAISI WISDOM M. NEPA KM3 LAJE ONDO ONDO STATE 11097631 OBAJI NDUBUISI O C/O P OBAJI P O BOX 1071, LAGOS LAGOS 11306654 OBAMI SOT OWUDA C/O P.O. BOX 7545 KADUNA 11325939 OBAMI SOT OWUDA C/O P.O. BOX 7545 KADUNA 11350391 OBAMI SOT OWUDA C/O P.O. BOX 7545 KADUNA 11097633 OBASI CLETUS FIRST ALUMINIUM PRODUCTS PLC P O BOX 402 KADUNA, KADUNA STATE KADUNA 11397902 OBASOLA ADEBUKOLA ABIKE P.O.BOX 20923 U.I. POST OFFICE IBADAN, OYO STATE 11372053 OBEJI VICTORIA AMUCHE NO. 5 AKAPO STREET OKE-KOTO AGEGE LAGOS STATE 11165761 OBI CHIBUEZE C. UBN PLC, REGISTRAR DEPT, 2, BURMA ROAD, APAPA P.M.B. 12717, LAGOS. 11097634 OBI DOMINIC A P O BOX 42 NNEWI, ANAMBRA STATE ANAMBRA 11325760 OBI FRANKLYN KENECHUKWU C/O NNOLI O. J. P. O. BOX 305 MARINA LAGOS STATE 11371177 OBI GEORGINA UKAMAKA PLOT 10 MOSUNMOLA ADEKOYA ST. OFF CELE-BUS STOP BY AKINSULIRE ST 11372236 OBI MATHEW NNAMDI JUCTION HOUSE 2 UMEIGBOBENYI ROAD P. O. BOX 44 11397852 OBIEFULE NDUBUISI JUDE 32 ENGINEERING WING 303 FLYING TRAINING SCHOOL NIGERIAN AIR FORCE KANO STATE 11912013 OBIKANSI HENRY UDO 1ST AVENUE, J CLOSE HOUSE 1, FESTAC TOWN LAGOS 11097637 OBILORA SAMUEL FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11097872 OBINANI VALENTINE O 68 ARONDIZUOGU STREET ABA ABIA STATE ABIA 11372197 OBIOHA ALOYSIA CHINWE 11 MICHAEL OSHISHIPE STREET OFF BAYO OYEWALE STREET OKOTA 11371555 OBIOHA EGBUCHULEM MISHACK NO. 12 SADIKU STREET OLODI APAPA LAGOS STATE 11097998 OBI-OKOLOCHA BRIGHT NNAMDI P O BOX 4890 FESTAC TOWN LAGOS STATE LAGOS 11372115 OBOWOMANO MOSES NO 100 OMO -ODE RD. IRRI OLEH ISOKO SOUTH LGA 11097638 OBUDU UWON FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071, LAGOS STATE LAGOS 11097639 OCHONMA ISHMAEL FIRST ALUMINIUM COMPANY NIGERIA PLC P O BOX 356 PORT HARCOURT, RIVERS STATE RIVERS 11371655 ODEDEDE ONOHWAKPO JOHNSON NEPA ZONAL OFFICE 5 AKPAKPAVA ST PMB 1036 11300106 ODEGOR PHINEHAS UMEDE 3 GOSPEL ROAD, OFF ROTIMI SIKIRU STREET EJIGBO - ISOLO LAGOS 11097641 ODEJIMI OLUBISI P O BOX 6166 MARINA LAGOS LAGOS STATE 11370783 ODEMUYIWA DUROJAYE PETER P. O. BOX 4235 OSHODI LAGOS STATE 11098025 ODESANYA ABODERIN ABOLAJI 85 AITKEN 130 ROAD, SABON GARI KANO KANO 11370884 ODESANYA OLUSEGUN DELE 12 AMINU ST LAGOS LAGOS STATE 11371979 ODEWALE BOLANLE RUTH P. O. BOX 10402 MARINA LAGOS STATE 11371980 ODEWALE MATHEW OLUWOLE P. O. BOX 10402 MARINA LAGOS STATE 11097902 ODEWOLE HENRIETTA O KANYINSOLA 28 AKINSOJI STREET IGBOBI SOMOLU LAGOS 11097903 ODEWOLE SAMUEL KOFOWOROLA 28 AKINSOJI STREET IGBOBI SOMOLU LAGOS 11395026 ODIA OMOSIVIE ONOME UNIVERSITY OF PORT-HARCOURT P.O.BOX 277 CHOBA PORTHARCOURT, RIVERS STATE
2012 Annual Report & Financial Statements 75 Unclaimed Dividends for the year ended 31 December 2012
11097642 ODIFE BONIFACE I FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11097822 ODIGHIBOR BENSON P O BOX 539 YABA LAGOS LAGOS 11097965 ODIMAYO OLABODE P O BOX 4148 MARINA LAGOS LAGOS 11296681 ODIMAYO BODE & CO. P.O.BOX 562, EBUTE META LAGOS 11384357 ODO EVANGELINE ADA 12B OKOAWO CLOSE VICTORIA ISLAND LAGOS 11371192 ODOEMENAM LONGINUS C. ECWA ENGLISH CHURCH GAA AKANBI P.O.BOX 198 11097933 ODU CYRIL AKPORVERE 239B IKORODU CRESCENT DOLPHINE ESTATE OSBORNE ROAD IKOYI LAGOS 11912418 ODUBOLA OLAJIDE JOHNSON C/O MR BABALOLA KAROUNWI 65/67, COMMUNITY ROAD. AKOKA, YABA, 11372551 ODUFUWA ADEMOLA OLAMIDE POST OFFICE BOX 89 SANGO OTTA OGUN STATE 11912716 ODUGBOSE ADERONKE ODUBOWALE 316 BORNO WAY YABA - LAGOS 11098014 ODUNLAMI MUTIU OLANREWAJU P O BOX 1315, SAPON, ABEOKUTA OGUN STATE 11097922 ODUNUGA GRACE OLUYEMISI UNION BANK NIGERIA PLC; CORPORATE BANKING GROUP, HEAD OFFICE MARINA, LAGOS.. 11097644 ODUNUGA MICHAEL IROJUKOFOJU CHAMBERS 7A ERUNKETA QUARTERS IDEPO STREET, P O B OGUN 11097645 ODUNZE MARCEL FIRST ALUMINIUM COMPANY NIG PLC P O BOX 356 PORT HARCOURT, RIVERS STATE RIVERS 11098010 ODUSINA KUNLE ESTATE. OF ODUSINA BLK 58, FLAT 1 LSDPC MEDIUM ESTATE, IJAIYE, OGBA, LAGOS 11372178 ODUSUSI PETER OMOTAYO O. A. U. T. H. C. DEPARTMENT OF RADIOLOGY PMB 5538 11912259 ODUTOLA ADELEKE P.O.BOX 66094 IKOYI LAGOS 11098026 ODUWAIYE SUNDAY ERASTUS P O BOX 11326 KANO STATE KANO 11097877 ODUWOLE ADMOR & OLATUNJI DEC’D OMOTAYO & OMOTAYO ADMOR R O 62 WAKEMAN STREET YABA LAGOS LAGOS 11097874 OFFIAH EFIGHI IHEANYICHUKWU ELE CLINIC MERCY GROUP CLINICS PANSERE ABEOKUTA OGUN STATE OGUN 11305821 OFFOR PAUL CHUKWUDI P.O BOX 3344 IKEJA LAGOS STATE 11097817 OFILI JOHN FIRST ALUMINUM NIG PLC 2 AKILO STREET OGBA IKEJA LAGOS 11371972 OFILI ODIAKOSA 17 KAGHA ST. OWERRI IMO STATE 11912695 OFODIKE CHIGBO ANTHONY 22B EHORO ESTATE ELELENWO PORT-HARCOURT RIVERS STATE 11370801 OGBA JAMES CHUKWUEMEKA NO. 11 ANYASO LINE OFF 100B IHEORJI AVE. P.O.BOX 1420 11097649 OGBANGA PRAISE S FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11097884 OGBECHIE GODFREY IFEANYI P M B 21249 IKEJA LAGOS LAGOS 11371676 OGBEUN CHRISTIANAH SAKAO QUEEN ELIZABETH SCHOOL PMB 1357 ILORIN 11397379 OGBO OGBO AWOKE CHEVRON NIG LTD P.M.B. 12825 LEKKI, LAGOS 11097652 OGBOLU DICKSON FIRST ALUMINIUM PRODUCTS PLC P O BOX 402, KADUNA KADUNA 11397887 OGBONDA NDIDI SINCLAIR 135 ABA ROAD PORTHAROCURT RIVERS STATE 11371544 OGBONDA NDIDI SINCLAIR 135 ABA ROAD PORT HARCOURT RIVERS STATE 11097830 OGBONNA CHIGBUNDU 18 OYABIYI STREET SURULERE LAGOS 11384435 OGBONNA NDIDI CINCLAIR 135 ABA ROAD PORT HARCOURT RIVERS STATE 11303031 OGBONNA ONYEMA C/O THREE STARS INV LTD 38B SAKA TINUBU ST V/ISLAND - LAGOS 11325670 OGBONNA ONYEMA C/O THREE STARS INV LTD 38B SAKA TINUBU ST V/ISLAND - LAGOS 11371609 OGBONNAYA FRANCISCA NKOLIKAMAKA P.O.BOX 2303 OSHODI LAGOS STATE 11097876 OGBUAGU PETER NWOYE P O BOX 236 ABAGANA NJIKOKA L G A ANAMBRA STATE ANAMBRA 11370819 OGBUEHI SYLVESTER ONUZURUIKE ASSEMBLIES OF GOD CHURCH 55 OGBONNA ROAD P.O.BOX 215 11372427 OGEDENGBE OLUFUNKE ABIOLA P. O. BOX 11158 IKEJA LAGOS STATE 11097999 OGHEROHWO KESIENA NAJITE C/O MRS MARY OGHEROHWO UBN PLC REGISTRARS DEPT 2 BURMA RD APAPA LAGOS 11384434 OGU CHIKERE UGOCHUKWU P.O.BOX 44 NKWOGWU MBAISE IMO STATE 11097831 OGUANYA NDUBUDE ANTHONY HQ NAEMES BONNY CAMP VICTORIA ISLAND LAGOS LAGOS 11305829 OGUEHI GRACE LEWECHI PO BOX 75462 V/ISLAND - LAGOS 11097653 OGUNALA A.O 3A OLOROGUN STREET SURULERE, LAGOS STATE LAGOS 11912054 OGUNBANWO BOLANLE OLAMIDE NO 2 ABU STREET ORILE IGANMU LAGOS LAGOS STATE 11300273 OGUNBANWO OLUBUSOLA EMMANUEL P.O. BOX 4936 WARRI DELTA STATE WARRI 11097882 OGUNDARE AKINWUMI BOX 7409 SEC P O IBADAN OYO STATE OYO 11097654 OGUNDIBO MICHAEL A 24 OKOYA STREET LAGOS, LAGOS STATE LAGOS 11097832 OGUNDIMU GABRIEL BABATUNDE 51 ADEBOLA ST SURULERE LAGOS LAGOS 11371335 OGUNGBARO RUKAYAT AFOLAKEMI P.O. BOX 76 EDE OSUN 11097834 OGUNGBESAN JACOB OLUSEGUN AKANFE ST AKANRAN RD OLULOYO P O BOX 27925 AGODI IBADAN OYO STATE OYO 11384443 OGUNJOBI HASSAN 13 HOGAN BASSEY CRESCENT OFF WESTERN AVENUE P.O.BOX 7379 SURULERE (101281) LAGOS 11372603 OGUNLANA COMFORT OLUWAYEMISI FEDERAL MIN OF EMPLOYMENT LABOUR & PRODUCTIVITY PMB 5132 11372623 OGUNLEYE SAMUEL ADEBAYO P.O.BOX 689 EBUTE-METTA LAGOS STATE 11097897 OGUNMADE PAUL ABAYOMI KEHINDE MR. OGUNMADE PAK, P O BOX 844, ISOLO, LAGOS STATE 11394999 OGUNMOLA CLEMENT FOLA BK.157 FT.1,LOW COST HOUSING ESTATE, OKE-AFA, ISOLO. P.O.BOX 3705, SURULERE. 11098038 OGUNNAIKE BABATUNDE ADEBANJO 17 SEBANJO STREET PAPA-AJAO/MUSHIN LAGOS 11097908 OGUNNUBI ROBERTS 20 SHOLANKE STR. AKOKA LAGOS LAGOS 11165832 OGUNNUBI ADEBOLA 20 SHOLANKE STREET AKOKA YABA LAGOS 11097655 OGUNRINDE MOSHOOD K.OLAWALE FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11371440 OGUNSEMORE JOSEPH TEMITOPE BLOCK 129 FLAT 4 IPONRI ESTATE ALAKA SURULERE 11327275 OGUNSOLA OLUWADUNMININU PO BOX 3237 OSHODI - LAGOS 11371178 OGUNTIMEHIN ANNA OMOKUREFE 16 ARAROMI STREET MUSHIN LAGOS STATE 11372206 OGUNTUGA MARTINA BOLA NO 26 AKINYEMI STREET ALAPERE KETU KOSOFE LGA 11371591 OGUNTUGASE MATHEW OLUSEGUN 6 CAC REVIVAL CENTRE OWODE IBESE IKORODU
76 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11097768 OGUNYALE OLUMUYIWA FIRST CITY MERCHANT BANK LTD P O BOX 9117 LAGOS LAGOS 11371814 OGUNYEMI OLABISI MONSURAT P. O. BOX16025 DUGBE POST OFFICE IBADAN 11371745 OGWA CHARLES IYAM NAVAL HQTRS GARKI AREA 7 ABUJA 11417145 OGWEMOH TONY ADOYE P.O.BOX 7213 BENIN CITY EDO STATE 11372326 OGWU INALEGUZI IKPA FED. DEPT. OF AGRIC PLANT QUARANTINE SERVICE PMB 1061 11097656 OGWUMA PAUL AGBAI (DR.) OFR C/O REGENCY FINANCING LTD, 13, BIADUO STREET, SOUTHWEST IKOYI, P.O.BOX 52971, FALOMO LAGOS 11912720 OHADEKWE CHIDUBE CHRISTOPHER 38 SANUSI STREET IJESHSTEDO SURULERE LAGOS LAGOS STATE 11097657 OJEDELE T P O BOX 888 AGEGE AGEGE, LAGOS STATE LAGOS 11372420 OJEI UJE RACHAEL UNITED BANK FOR AFRICA PLC ONDO BRANCH ONDO 11289112 OJEIH N. JOY C/O MRS G.I.OJEIH UBN PLC REGISTRAR’S DEPT. P.M.B. 12717 APAPA LAGOS 11371546 OJEMUYIDE FESTUS YEMISI P.O.BOX 27673 AGODI P O IBADAN 11371969 OJIEGBU MICHAEL NNAMDI P.O.BOX 597 17 KAGHA STREET OWERRI 11372087 OJIKUTU RASHEED POPOOLA 109 DOSUMU STREET LAGOS ISLAND LAGOS STATE 11098028 OJO ESTHER YEMISI DEPT OF CIVIL ENGINEERING P M B 2021 KADUNA STATE KADUNA 11097839 OJO JIMOH OKEBODUN COMPANY SECRETARY DEPT P M B 2021 KADUNA KADUNA STATE KADUNA 11370889 OJO BISOLA MARY 3450 POST OFFICE ROAD MUSHIN LAGOS STATE 11372394 OJO CHRISTOPER P. O. BOX 284 BENIN CITY EDO STATE 11169790 OJO OLUBUKUNOLA OYERONKE PLOT 18 ADESINA STREET AKOWONJO P.O. BOX 11437, IKEJA 11372113 OJO SOLOMON TEMITOPE 8 ONDO CLOSE OFF ODO -OLOWU STREET IJESHATEDO SURULERE 11370638 OJOR UCHENNA MIKE C/O KATE OBODO FEDERAL ROAD SAFETY CORR. PMB 21510 11097921 OKAFOR BENNETH IFEANYI U B N NIG PLC REG’S DEPT P.M.B 12717 LAGOS LAGOS 11097842 OKAFOR STEPHEN ANIEKE 13 ANUSIEM LANE AWKUNANAW ENUGU ENUGU STATE ENUGU 11372079 OKAFOR CHIBUZO ONIDDY OHAKPU POSTAL AGENCY PMB 36 MGBIDI 11372153 OKAFOR EDICTH OGOAMAKA UNION BANK OF NIG. PLC FACTORY ROAD BOX 1212 11912590 OKAFOR OGUGUA P.O.BOX 3207 GARKI ABUJA 11912590 OKAFOR OGUGUA P.O.BOX 3207 GARKI ABUJA 11371240 OKAFOR SIMEON P.O.BOX 12345 INDEPENDENCE L/OUT POST OFFICE ENUGU 400007 11372376 OKAH -AVAE BENSON EVEZI P. O. BOX 52 DSC POST OFFICE ORHUWORUN 11371233 OKANY MARTIN CHUKWUKA P.O.BOX 15546 UNIVERSITY OF NIGERIA NSUKKA 11097659 OKE OMOWUNMI P O BOX 6986 IKEJA, LAGOS LAGOS 11097950 OKEKE AMAECH CLETUS C/O ISAAC EKOH 6 NUBI CLOSE EBUTE-METTA WEST LAGOS LAGOS 11097660 OKEKE CHRISTOPHER JOHN NONYELUM 16 COOPER RD IKOYI, LAGOS LAGOS 11097662 OKEKE HEZEKIAL EMEKA BOX 3439 MARINA LAGOS, LAGOS 11097664 OKEKE S.N FIRST ALUMINIUM PRODUCTS PLC 20 MARINA, LAGOS LAGOS 11325888 OKEKE UGO ALBERT 27 OBUN-EKO STREET IDUMOTA - LAGOS 11097665 OKENE GEORGE ASSEMBLIES OF GOD CHURCH UBIMINI P O BOX 29 ELELE, RIVERS STATE RIVERS 11097667 OKE-OSHUNLUYI RICHARD O 14 GASPER STREET IKATE, SURULERE LAGOS LAGOS 11278179 OKEOWO AYOTUNDE 8 CURTIS TERRACE MONTCLAIR NJ 07042 USA 11384403 OKEOWO OLUYEMISI OYINLOLA C/O ABRAHAM E.A.O GPO BOX 4195 IKEJA 100001, LAGOS 11097871 OKERE ALEXANDER EBEREONWU MINISTRY OF FINANCE & COMM PLANNING OWERRI IMO STATE IMO 11372567 OKERE CALLISTER NGOZI 5TH AVE 512 ROAD A CLOSE BLK 5 FL 10 FESTAC TOWN 11372298 OKESOLA BOLAJI ELIZABETH AJOKE C/O OLUSOLA ORUNMUYIWA ESQ NO.218 AGEGE MOTOR ROAD MUSHIN 11097670 OKEZIE UWABINEZIONYE UMUDA ISINGWU P O BOX 45 UMUAHIA, ABIA STATE ABIA 11097671 OKHUMALE JACOB FIRST ALUMINIUM PRODUCTS PLC AGEGE LAGOS, LAGOS STATE LAGOS 11371053 OKICHE JOE BEST 105 OGBUNABALI RD BOX 1890 PORT HARCOURT 11097923 OKOCHA CAROLINE NGOZI U B N PLC REG’S DEPT 2 BURMA ROAD APAPA LAGOS LAGOS 11097843 OKOGBAA OBITOR GEOFREY CARE J E OPUTE FIRST ALUMINIUM NIG PLC 20 MARINA LAGOS LAGOS 11395033 OKOH UCHENNA KENNETH 39 IBAFON STREET OLODI-APAPA LAGOS 11097673 OKO-JAJA CLIFFORD NOUISI FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT, RIVERS STATE RIVERS 11097894 OKOLI CHRISTIAN WYNTER OBIESIE P O BOX 197 OSHODI LAGOS LAGOS 11372013 OKOLI CHIOMA F 9 UDEI STREET NORTH -BANK MAKURDI 11371839 OKOLI CYRIL IKECHUKWU NO 4A NGWE RD. BOX 4634 ABA 11371448 OKOLI JUDE BEREONWU A24 ABUJA LINE HOUSE H010 IND MARKET OGBARU P.O.BOX 11027 11097677 OKOLO CHUKUMA HENRY 4C LOUIS SOLOMON WAY OFF AHMADU BELLO WAY VICTORIA ISLAND 11370631 OKOLO IKECHUKWU CHARLES 15 JUBRILA STREET IJESHATEDO SURULERE LAGOS STATE 11278385 OKOLO PAUL LAGOS 11165816 OKOLO PAUL LAGOS 11097679 OKON JAMES I FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071, LAGOS LAGOS 11306531 OKON TIMOTHY EFFIONG C/O IBTC ASSET MANAGEMENT LIMITED P.O. BOX 71707 VICTORIA ISLAND 11097680 OKONKWO CHRISTOPHER C P O BOX 20 NNEWI, ANAMBRA STATE ANAMBRA 11097683 OKONKWO JAPHET O C RURAL HEALTH CENTRE ALOR VIA POST OFFICE NNEWI, ANAMBRA STAT ANAMBRA 11371903 OKONKWO ANDY 10 AJOGBE STREET SURULERE LAGOS STATE 11372160 OKONKWO ANGELA C/O MRS E. O. OKAFOR UNION BANK OF NIG. P. O. BOX 1212 11097938 OKONMAH JUSTIN AZUBIKE 89 TAFAWA BALEWA CRESCENT SURULERE LAGOS LAGOS 11371832 OKONTA PAUL EJIME P. O. BOX 1494 EFFURUN DELTA STATE
2012 Annual Report & Financial Statements 77 Unclaimed Dividends for the year ended 31 December 2012
11097685 OKORIE SUNDAY CHILE FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11370843 OKORIE JOHN 2A NGWA ROAD ABA ABIA STATE 11097687 OKORO MATILDA NWANONAKU P O BOX 3129 OWERRI, IMO STATE IMO 11097924 OKORO PETER AKPO U B N PLC REG’S DEPT 2 BURMA RD P.M.B 12717 LAGOS LAGOS 11371699 OKORONKWO CHIDI SYLVESTER 1 BAYODE OLUWOLE ST OFF BALOGUN ST AWOLOWO WAY 11372015 OKORONKWO HYGINUS CHUKWUEMEKA 1 IJAIYE STREET MAFOLUKU OSHODI LAGOS STATE 11372020 OKORONKWO ONYEMAUCHE CHIMA 12 ADENEKAN STREET IGBOBI P.O. BOX 1889 SHOMOLU LAGOS 11097689 OKOYE CHUKWUDI GEOFFREY FIRST ALUMINIUM PRODUCTS PLC 20 MARINA, LAGOS LAGOS 11397300 OKOYE EDWIN IFEANYI VOICE OF NIGERIA, IKOYI P.M.B. 40003 FALOMO LAGOS 11370988 OKOYE IFEANYI PATRICK NO. 17 ODUBIYI STREET OFF ASHIMOWU ST IKATE S/L 11097690 OKPALA SEBASTIN OSITA 24 JOHN’S STREET ONITSHA, ANAMBRA STATE ANAMBRA 11296669 OKPALAMOKA FRANK 19 ONITOLO ST GBAJA - S/LERE LAGOS 11097693 OKPARA FIDELIS O CONTINENTAL MEDICAL COMPLEX LTD P O BOX 11 OJI RIVER, ANAMBRA STATE ANAMBRA 11097694 OKPARA VICTOR P O BOX 9746 UWANI ENUGU, ENUGU STATE ENUGU 11384347 OKPARA STELLA OBIOMA PLOT 554, A CLOSE, 400 ROAD FESTAC TOWN LAGOS 11098029 OKPARAKU IGNATIUS P O BOX 4 AFOR ISIOKPO IMO STATE IMO 11097695 OKPE PAULINUS FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11915983 OKPU IFEANYI NO 12 TUNJI ADERITAN IRE-AKARI ESTATE ISOLO LAGOS STATE 11371122 OKUMA CHUKWUDI MARCEL CENTRAL SCHOOL AMAEBU EBENATOR ORSU LGA 11325692 OKUNLOLA OLUWARANTI-ESTHER SHAGOYA NIG LTD 18, OSHUNKEITAN OFF BIOLA B/STOP ALAPERE KETU, BOX 6553, IKEJA LAGOS 11325849 OKUNLOLA OLUWARANTI-ESTHER SHAGOYA NIG LTD 18, OSHUNKEITAN OFF BIOLA B/STOP ALAPERE KETU, BOX 6553, IKEJA LAGOS 11097781 OKUNNU HABEEB BABATUNDE P O BOX 2603 SURULERE LAGOS LAGOS 11371764 OKUSAGA ABOSEDE OLUYEMISI P.O.BOX 7799 MARINA LAGOS STATE 11371349 OKWARA MAXWELL ONYEBUCHI 15 ELSIE MAGCHUKA STREET AKOWONJO EGBEDA ALIMOSHO LGA 11300107 OKWUOSA NJIDEKA CHIDILIM FLAT 11, CRESCENT B 1004 ESTATE, V/ISLAND LAGOS 11371668 OKYE -CHINE GABRIEL CHIEDOZIE P. O. BOX 1723 OSHODI ROAD OSHODI 11097699 OLADEJO OLUBAYO HEZEKIAH FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11417853 OLADIJA CATHERINE OLUWAFUNMILAYO 17 JAMES ROBERTSON STREET SURULERE LAGOS 11306488 OLAGBAMI ADEBIYI OLUBUNMI C/O CITIBANK NIGERIA 1 IDOWU TAYLOR STREET VICTORIA ISLAND LAGOS STATE 11325906 OLAGBAMI ADEBIYI OLUBUNMI C/O CITIBANK NIGERIA 1 IDOWU TAYLOR STREET VICTORIA ISLAND LAGOS STATE 11325935 OLAGBAMI ADEBIYI OLUBUNMI C/O CITIBANK NIGERIA 1 IDOWU TAYLOR STREET VICTORIA ISLAND LAGOS STATE 11325935 OLAGBAMI ADEBIYI OLUBUNMI C/O CITIBANK NIGERIA 1 IDOWU TAYLOR STREET VICTORIA ISLAND LAGOS STATE 11325935 OLAGBAMI ADEBIYI OLUBUNMI C/O CITIBANK NIGERIA 1 IDOWU TAYLOR STREET VICTORIA ISLAND LAGOS STATE 11325935 OLAGBAMI ADEBIYI OLUBUNMI C/O CITIBANK NIGERIA 1 IDOWU TAYLOR STREET VICTORIA ISLAND LAGOS STATE 11371877 OLAGBAMI ADEBIYI OLUBUNMI CITIBANK NIGERIA PLC P.O.BOX 6891 LAGOS 11371271 OLAGBOYE REBECCA AJIBOLA EBENEZER BAPTIST CHURCH OKORO - VILLAGE P. O. BOX 10827 11097846 OLAGUNJU BUSHRA AJADI P O BOX 80267 LAFIAJI POST OFFICE LAGOS LAGOS 11306644 OLAGUNJU MAJIYAGBE OLUSEGUN P.O.BOX 20853 U.I. POST OFFICE IBADAN, OYO STATE 11372616 OLAIFA MATTHEW AKINWUMI AKIN OLAIFA & CO 92 OYEMEKUN ROAD P.O.BOX 1229 11097847 OLAIYA SUSANNE YETUNDE CLOSE 52, HOUSE 10 SATELLITE TOWN LAGOS 11097848 OLAJIDE ADEYINKA ADEDOKUN AFRIBANK NIG LTD 94 BROAD STR P M B 12021 LAGOS LAGOS 11097790 OLAJIDE LASISI OYEBANJI P O BOX 3604 SURULERE LAGOS LAGOS 11397281 OLAJIDE LATEEF OLABANJI 13 ADEBOLA OJOMU STREET AGUDA SURULERE,LAGOS 11371965 OLAJIDE TAIWO MOTUNRAYO 76 TAPA STREET IJESHATEDO SURULERE LAGOS STATE 11370685 OLALERE JOHNSON OLUSEGUN P.O.BOX 255 IKORODU LAGOS STATE 11097895 OLALEYE SAMUEL KEHINDE HOLY SAVIOUR’S HOSPITAL 45-47 MAFOLUKU GARAGE OSHODI LAGOS LAGOS 11397878 OLALEYE AYOOLA ADEEKO P.O.BOX 5611 TOTORO, ABEOKUTA OGUN STATE 11370962 OLALEYE AYOOLA ADEEKO P.O.BOX 5611 TOTORO ABEOKUTA 11370961 OLALEYE OLABISI P.O.BOX 5611 TOTORO ABEOKUTA 11097700 OLANIYAN VINCENT FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11397376 OLANIYAN ADEDEJI MICHAEL P.O.BOX 3636 AGEGE LAGOS 11097900 OLANREWAJU ADESANYA ADENIRAN P O BOX 3233 G P O MARINA LAGOS LAGOS 11372511 OLAOGUN MARTINS OGUNDAIRO 13 YESUFU SANUSI STREET OFF ADENIRAN OGUNSANYA ST SURULERE 11372509 OLAOGUN OLUWAKEMI OLAJUMOKE ESTHER 13 YESUFU SANUSI STREET OFF ADENIRAN OGUNSANYA ST SURULERE 11372187 OLAOYE JOSEPH AYODELE 13 AMODU STREET OFF SANYA-OLU STREET ODO-ERAN 11372464 OLARINDE LAMIDI WELFARE HOSPITAL LTD P.O.BOX 7800 SEC. P O 11296615 OLATOKUNBO BENEDICTA ERONNWON SYSTEM CARE & SOFTWARE LTD 4 NORMAN WILLIAMS STREET S.W. IKOYI - LAGOS 11097803 OLATUNDE ADEMOLA ABIODUN P O BOX 1695 OSHODI LAGOS LAGOS 11371618 OLATUNDE OLUFEMI EZEKIEL P.O.BOX 2303 OSHODI LAGOS STATE 11097870 OLAWALE ADEGBOYEGA SURAJUDEEN NATIONAL RESOURCE INST FOR CHEMICAL TECH P M B 1050 ZARIA KADUNA STATE KADUNA 11097702 OLAWALE AREGBESOLA FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11097703 OLAWALE BELLA 7 ABOLADE STREET AGUDA SURULERE, LAGOS STATE LAGOS 11372572 OLAWUYI OLADAYO MATTHEW IRE-AKARI BAPT. CHURCH 3/5 ABEOKUTA ST P.O.BOX 1169 11372591 OLAYERA MARTINS OLAYINKA 18 OGUNTADE STREET SHASHA AKOWONJO LAGOS STATE 11278358 OLAYINKA KOLAWOLE FOLUSO 7 DOCEMO ST PO BOX 9853 LAGOS 11912370 OLOKO AKINOLA OLAYINKA STAFF CLINIL LUTH IDI-ARABA LAGOS STATE
78 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11371821 OLORUNFUNMI KEHINDE EMMANUEL P. O. BOX 4335 IBARA ABEOKUTA OGUN STATE 11097775 OLORUNSHOLA SAMUEL ADEMOLA P.O.BOX 4411 SURULERE,LAGOS LAGOS 11097851 OLOWOMOJUORE JOSIAH OLADOKUN P O BOX 4211 GARKI ABUJA MAIN P O F C T ABUJA F.C.T. ABUJA 11097706 OLOYE STEPHEN FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11325730 OLUDIRAN SUNDAY OLAYINKA E. DURO ALALADE & CO. P.M.B 5213 IBADAN - OYO STATE 11370736 OLUFE ALICE AJUMA C/O PASTOR A. O. OLUFE CAC THEOLOGICAL SEMINARY POSTAL AGENCY 11417860 OLUFEMI-TIMOTHY GRACE ADEBOLANLE O. C/O NIG.SHAREHOLDERS’ RENAISSANCE ASSOC- IATION,G.P.O. BOX 17230,DUGBE,IBADAN, OYO STATE. 11417859 OLUFEMI-TIMOTHY KEHINDE OLUFUNMILOLA C/O NIG.SHAREHOLDERS’ RENAISSANCE ASSOC IATION,G.P.O. BOX 17230,DUGBE,IBADAN, OYO STATE. 11417858 OLUFEMI-TIMOTHY SAMSON MOFOLUWASO A.C/O NIG.SHAREHOLDERS’ RENAISSANCE ASSOC IATION,G.P.O. BOX 17230,DUGBE,IBADAN, OYO STATE. 11372545 OLUGBENGA BOLANLE LEAH P. O. BOX 306 IJEBU ODE OGUN STATE 11097955 OLUJONWO EMMANUEL ABAYOMI CHEVRON NIGERIA LTD P.M.B 12825 LAGOS LAGOS 11372089 OLUKOLU NOFIU ABIODUN 26 BALE STREET OLODI APAPA LAGOS STATE 11372086 OLUKOTUN ADESINA ABASS ADIO 7 SANMONU BULE COUTE STREET BALOGUN LAGOS ISLAND 11325886 OLULEYE OLAYINKA KEHINDE OMEGA PLC PC 1, ENGINEERING CLOSE V/I LAGOS 11306650 OLUMOGBA OLUFOLAKE O. (MRS) C/O MR. AJIBOLA AJAYI P.O. BOX 1362 LAGOS 11097931 OLUREBI ADEWALE OLUKAYODE 26 AJAO ROAD SURULERE LAGOS 11325846 OLUSOLA-OGINNI EUNICE OLUWABUNMI PO BOX 879 AKURE - ONDO STATE AKURE 11097777 OLUSUNMADE OLAYIWOLA ADISA P.O.BOX 89 IKOTUN LAGOS LAGOS 11912734 OLUWASANYA ADEWALE TONY P.O.BOX 507 OTA OGUN STATE LAGOS 11371184 OLUWATUDIMU JULIANAH MORENIKE 34 RAUFU WILLIAMS CRESCENT SURULERE LAGOS STATE 11370705 OLUWATUYI OLATUNJI JOSEPH NO. 13 ALADIRO STREET P.O.BOX 690 OKE-ARO 11097854 OLUWI MICHAEL OLUDARE P O BOX 6438 MARINA LAGOS LAGOS 11350360 OMAGE GAVIN OYAKHIRE 14, OBA EWEKA STREET OFF IHAMA ROAD, G.R.A. BENIN CITY, EDO STATE 11097772 OMEJE ELIJAH IZUCHUKWU P.O.BOX 3680 ONITSHA ANAMBRA STATE ANAMBRA 11371971 OMENYE MERCY AZIKA 17 KAGHA ST. OWERRI IMO STATE 11912309 OMGBOANGA SIKI FAKE C. 1 ELIJAH OGBAMGA CLOSE AMADI AMA, PORT HARCOURT RIVERS STATE 11097977 OMISANYA ADEWALE P M B 038 SHOMOLU LAGOS LAGOS 11372556 OMOGBAI STANLEY DAVID P.O.BOX 190 AUCHI EDO STATE 11325851 OMOIKE JULIET 51 UPPER SAKPOBA RD BENIN CITY EDO STATE 11097959 OMOLAYOLE MICHAEL O OMOLAYOLE & ASSOCIATES 12/14 AERODROME ROAD APAPA LAGOS 11370567 OMOLE EFE (MRS) P.O. BOX 94, BENIN-CITY 117 AKPAKPAVA ROAD,BENIN BENIN,EDO STATE 11370902 OMON OKOKON ARCHIBONG C/O DR ALBERT UDOH IMMANUEL INFIRMARY P. O. BOX 1335 11097711 OMONIGHO ERIC ABOKU FIRST ALUMINIUM PRODUCTS PLC P O BOX 402 KADUNA, KADUNA STATE KADUNA 11370669 OMONIGHO OGHENEKVWE C/O MR GOODLUCK OMONIGHO HEAITH SERVICES DEPT. D. S. C. PMB 1220 11371594 OMOTAYO-BENSON O. OLUWASEUN 2 JAMES ROBERTSON STREET OFF AKERELE ROAD P. O. BOX 3554 11372275 OMOTOSHO ISAAC OLUWABOWALE SUNDAY COCOA INDUSTRIES LIMITED PMB 21114 IKEJA 11371675 OMOTUNDE OLADAPO RAFIU OLA’S COMPOUND P. O. BOX 7 IPEE 11371139 ONABAJO PRINCE DAVID 36 UNITY ROAD OFF TOYIN STREET IKEJA 11097745 ONABOWALE FOLUSO O NAL MERCHANT BANK PLC 20 MARINA LAGOS 11097942 ONADELE BOLA NIGERIA INTERNATIONAL BANK LTD 1 IDOWU TAYLOR STREET V/ISLAND LAGOS LAGOS 11289070 ONAFOWOKAN MARIAN IBILUADE 5 MILITARY STREET P O BOX 817 MARINA LAGOS 11912103 ONAIYEKAN CLEM MOKANJUOLA NO 9 ALAKE LAKONKO STREET OFF LIASU ROAD COUNCIL IDIMU LAGOS 11325921 ONALAJA MORONFOLU ONALAJA LAGOS 11097869 ONARAKU ATHANASIUS UZOMA DRILLOG PETRO-DYNAMICS LTD BOX 5998 P/HARCOURT RIVERS STATE RIVERS 11300255 ONEKHENA STELLA ALIEKWE C/O MR ONEKHANE GEORGE PO BOX 2055. LAGOS 11372415 ONERIJE CECILIA OLAPEGBA P. O. BOX 3655 APAPA LAGOS STATE 11912598 ONI OLATUNBUSUN OLUFEMI AKINKUNLE BONGA OPERATIONS DEPT. SNEPCO LTD, 21/22 MARINA LAGOS STATE 11372076 ONOJA ANTHONY ENOCH 2 OJUMOLA STREET OFF OKUNOWA STREET OFF TOLU ROAD 11371197 ONOKEUBAGBE ANETOR JERRY 84 OLANIYI STREET NEW OTO-OBA AGEGE 11912655 ONOMAKE STEPHEN ETAMOLO (ESTATE OF) P.O.BOX 644 EFFURUN DELTA STATE 11097795 ONOMAKE(DECD) ONOMAKE ROSELINE(MRS)(ADMOR) STEPHEN ETAMOLO FBN PLC P M B 8 EFFURUN WARRI DELTA STATE 11173233 ONOMOH PAT-IGBINOBA (MRS) C/O P.O.BOX 50765 FALOMO IKOYI LAGOS 11371219 ONONIWU CATHERINE IJEOMA KM 2 MANCHOK -ABUJA OPP ECWA CHURCH BUKURU 11371221 ONONIWU NNAMDI ANDY KM 2 MANCHOK -ABUJA OPP ECWA CHURCH BUKURU 11912767 ONUIGBOJE ONOSHWAGBE TOM NYSC HQTRS P.M.B 138 GARKI ABUJA FCT 11097712 ONUKWUE RACHEL CHINAKA P. O. BOX 11573, PORT-HARCOURT, PORT-HARCOURT. 11350373 ONWUDINJO EMMA SOPULEZE P.O.BOX 2169, BENIN-CITY, EDO STATE 11370833 ONWUKA CHILE KELVIN NO. 13 MILVERTON AVENUE P.O.BOX 729 ABA 11371705 ONWUKWE UDO JACOB C/O E.O. ONWUMERE P.O.BOX 4658 ABA 11302632 ONWUNALI REUBEN CHIGOZIE PC 43, AFRIBANK ST V/ISLAND - LAGOS 11372284 ONWUSILIKAM CHINEDU IFEYINWA P.O.BOX 1702 MAKURDI BENUE STATE 11325800 ONWUZURUIKE KERIAN P.O. BOX 72422 V.I 11097714 ONYEAGWAZIAM MIKE FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT HARCOURT, RIVERS STATE RIVERS 11097715 ONYEFORO JOHN N 24 AMARAM EXTENSION OWERRI, IMO STATE IMO 11097963 ONYEJEMELI JUSTIN CHUKWUBUNWANEM P O BOX 10165 MARINA LAGOS LAGOS 11372277 ONYEJOSE STEPHEN NDUBUSI EXECUTIVE STAFF DEPT. CHEVRON NIG LIMITED 2 CHEVRON DRIVE
2012 Annual Report & Financial Statements 79 Unclaimed Dividends for the year ended 31 December 2012
11097716 ONYEMA NDUNAKA F FIRST ALUMINIUM NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11097990 ONYEMACHI OBIOMA ISRAEL G P O BOX 10165 MARINA LAGOS LAGOS 11372345 ONYENBINAMA SHADRACH ONYENMA IBIBI URATTA AMAISE COMMUNITY C/O OKPUALA UMUGWOR P.O.BOX 681 ABA 11097867 ONYENEZIDE EMMANUEL 24 BARRACKS ROAD P O BOX 1947 MAKURDI BENUE STATE BENUE 11296655 ONYIA JOSEPHINE OGUGUA P.O. BOX 8522 G.P.O. BOX MARINA LAGOS 11372252 OPARA DANATUS IBEGBUNAM GLORY BAPTIST CHURCH P. O. BOX 30 NWARIEUBI 11097718 OPORO 24 BONNY STREET PORT-HARCOURT, RIVERS STATE RIVERS 11397908 OPTIONS SECURITIES-DEPOSIT A/C LAGOS 11397897 OPUDA TAMUNOIBUOMI 2 OPUDA LAYOUT ABULOMA P/H, RIVERS STATE 11097719 OPUWARI FYNEFACE O FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11098021 ORAEGBUNAM ROSE IJEOMA SACRED HEART PARISH, NTEJE OYI LGA, ANAMBRA STATE. 11372594 ORIDOTA LANRE ADEBOYE NO. 43 COKER ROAD IFO OGUN STATE 11097992 ORIJA OLUDOTUN B. PSYCHIATRIC HOSPITAL YABA P M B 2008 YABA LAGOS LAGOS 11371215 ORISAKWE DURU FRANIC 35 CLIFFORD ROAD ABA ABIA STATE 11370632 ORJINTA NKELECHI EMMANUEL 2 AKINSOLA STREET OFF BARIGA ROAD SUNGAS B/STOP 11371314 OROK EDEDEM BASSEY 22, BALLANTYNE STR., CALABAR CROSS RIVER STATE 11371028 ORSERGA DAVID DOOYUM P. O. BOX 5314 MAKURDI BENUE STATE 11370740 ORUGUN DORCAS EBUN HOLY TRINITY ANGLICAN CHURCH I/C AGENCY IKOYI IJUMU LGA 11370739 ORUGUN PAUL BOYE HOLY TRINITY ANGLICAN CHURCH I/C AGENCY IKOYI IJUMU LGA 11097862 ORUMWENSE OPE 8, SHOBOWALE STREET, ABULE IJESHA, LAGOS, 11371027 OSADOLOR DESMOND OSARETIN IZOGIE NO 3 OGUNBORE ST. OFF MOJISOLA ST. OFF IJU ROAD 11097720 OSAI STEVE.U 7 OKUNOLA STREET OKUPE ESTATE MARYLAND, LAGOS LAGOS 11097721 OSAKWE IKE P O BOX 52453 IKOYI, LAGOS STATE LAGOS 11097722 OSAKWE JOHN FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11372055 OSARENKHOE CLEMENT 5 AKAPO STREET OKE-KOTO AGEGE LAGOS STATE 11098034 OSAWE SOLOMON EHIOWAGUAN P O BOX 5249 BENIN CITY EDO STATE EDO 11173205 OSEDO SARAH KOMANI (MRS) P O BOX 50325 IKOYI LAGOS STATE. 11097956 OSEGHE MERCY EMAMIGUE C/O ALEX O. OSEGHE U B N PLC 40 MARINA P.M.B 2027 LAGOS LAGOS 11372400 OSEH DANIEL STATE HOSPITALS MAGE BOARD PMB 1009 KINSQUARE 11371952 OSHO SILIFAT OLABISI 31 JUBRILA STREET IJESHATEDO SURULERE LAGOS STATE 11371576 OSHO SUNDAY OLUSOLA P.O.BOX 774 MUSHIN, MUSHIN, LAGOS STATE 11097762 OSIAN GODWIN GEORGE PUBLIC DEPT OFFICE BANKING OPERATIONS DEPT CENTRAL BANK OF NIG PLC LAGOS 11097724 OSIDIPE BABATUNDE 15, AKINTUNDE STREET ONIKE, P.O.BOX 3678 YABA LAGOS 11097725 OSIKIBOFORI JOHNSON 32 MOREHOUSE STREET PORT-HARCOURT, RIVERS STATE RIVERS 11296689 OSIKILO AMANDA ERDENA KILO HOTELS LTD ADENIJI ST. IKATE, SURULERE 11327179 OSILEWE OLAYINKA 14 LATSON AZEEZ CRESCENT IDI-MANGORO AGEGE LAGOS STATE 11372547 OSINUGA ADIJAT OLAIDE 4A IDEWON STREET MORO COMPOUND IJEBU ODE 11325710 OSISIOGU ANTHONY NWABUIBEYA UWA P.O. BOX 9199 IKEJA LAGOS 11372495 OSOGBEMI DAVID SEGUN MINISTRY OF ENVIROMENT& PHYSICAL DEVELOPMENT PMB 1061 11097916 OSSAI NKEM DIAMOND BANK LTD., PLOT 1261 ADEOLA HOPEWELL STREET, VICTORIA ISLAND, 11097729 OSUAGWU ANTHONY CHIBUIKE FIRST ALUMINIUM COMPANY NIG PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11098015 OSUNBUNMI FOLUSO OLUFEMI GUARANTY TRUST BANK PLC PLOT 1669 OYIN JOLAYEMI STREET BOX 75455, VICTORIA ISLAND, LAGOS 11097783 OSUNRINDE ABAYOMI M P O BOX 12769 IKEJA LAGOS 11097730 OSUOHA CHRISTAIN FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11325997 OTAIGBE DAVID OTOIKHINE TRINITECH LTD 26 ILUPEJU BYPASS ILUPEJU P.O.BOX 7183 IKEJA LAGOS STATE 11371665 OTAKA CHINYERE PHRC LTD ALESA ELEME P. O. BOX 585 11371661 OTAKA MERCY NKEM PHRC LTD ALESA ELEME P. O. BOX 585 11097816 OTANIYI ABIOLA O P O BOX 5526 SURULERE LAGOS LAGOS 11097731 OTIKOR SAMUEL S P O BOX 35 PORT HARCOURT, RIVERS STATE RIVERS 11912376 OTU AKPAN MONDAY CASH CONTROL DIVISION OFFICE OF THE ACCOUNTANT GENERAL P.M.B 1125 UYO 11097954 OTUNNI YEMISI AYO BAMIDELE P. O. BOX 1040 AGEGE LAGOS 11372493 OWOBU FELIX AIGBEDION THE NIGERIAN POLICE STATION OKENE KOGI STATE 11097733 OWOLABI ALANI FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11372524 OYADEJI SUNDAY ABIODUN 33 OWOEYE STREET OKE ONITEA AREA AGOWANDE 11097890 OYAWOYE KAFILAT OLUFUNKE C/O DR S O OYAWOYE P O BOX 222 OSHOGBO OSUN STATE OSUN 11397864 OYEBANJO TEMITOPE P.O. BOX 621 SATELLITE TOWN LAGOS 11371982 OYEDELE IDOWU P. O. BOX 10402 MARINA LAGOS STATE 11371735 OYEDEPO OYEBOLA BABCOCK UNIVERSITY ILISAN REMO PMB 21244 11371266 OYEDIRAN GAFARI ADESOLA P. O. BOX 3275 MAPO POST OFFICE IBADAN 11097736 OYEDOTUN MICHEAL FIRST ALUMINIUM PRODUCTS PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11371850 OYENEYE GLORIA OLAITAN MR BIGGS MAIDUGURI BORNO STATE 11371639 OYENEYIN DAUDA NO. 5 AKOJO-OLUWA STREET AKINJAGUNLA EST. OFF OJOJO RD P.O.BOX 709 11097985 OYENUGA DAYO ALILU-RAHMAN P O BOX 1200 SOMOLU LAGOS STATE LAGOS 11371994 OYERINDE PRINCE JERRY ADEOLU HAMBER C/O RUTH I. OYERINDE P.O. BOX 3918 OSHODI ISOLO 11371620 OYEWOLE BOSEDE OMOYEMI P.O.BOX 50079 FALOMO POST OFFICE IKOYI
80 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11371713 OYINLADE ISAAC OJO GPO BOX 17954 DUGBE IBADAN OYO STATE 11372007 OYINLOYE FUNKE FUNMILAYO P. O. BOX 73071 VICTORIA ISLAND LAGOS STATE 11097740 PACESETTER INVESTMENTS LTD 11B MILITARY STREET ONIKAN, LAGOS LAGOS 11097741 PAFCLI NIGERIA LIMITED P O BOX 53888 LAGOS, LAGOS 11326180 PANSHEKARA LAWAN MUAZU P.O. BOX 35 CHALLAWA KANO 11098215 PAUL UMOH FIRST ALUMINIUM PRODUCTS PLC P O BOX 458 PORT-HARCOURT RIVERS STATE 11289109 PEPPLE EUCHARIA S. C/O SIR FESTUS S. PEPPLE FIRST ALUMINIUM NIGERIA PLC, P.O.BOX 356, PORTHACOURT, 11098042 PEPPLE FESTUS S FIRST ALUMINIUM PRODUCTS PLC P O BOX 356 PORT-HARCOURT, RIVERS STATE RIVERS 11289041 PEPPLE, EUCHARIA S. C/O SIR FESTUS S. PEPPLE P.O.BOX 356 PORT HARCOUT RIVERS 11372542 PETER NDIDI JECINTA ST MARY’S CATHOLIC CHURCH ROM-KOM BOX 158 11371225 PETER SHALOM NNEBUIHE NO. 62 AZIKIWE STREET MILE 3 DIOBU PORT HARCOURT 11370751 PETERS OLUWABUKOLA AYINKE C/O MRS BIMBO OPAYEMI ABB PLOT 1682 SANUSI FAFUWA ST. 11098216 PHILIP I UNAM P.O. BOX 1645 KURMIN MASHI KADUNA 11913977 PIVOT FINANCE & INVESTMENT COMPANY LTD 3 - 7 KAKAWA STREET P. O. BOX 9699 LAGOS 11098044 POPOOLA OLUKAYODE ALLEGED DECD ALLEGESD DECD LAGOS 11278361 PREXIS SECURITIES LTD-DEPOSIT A/C LAGOS 11165839 PROMINENT SEC.-DEPOSIT A/C LAGOS 11417824 RABI ISHAQ C/O P.O.BOX 10975 KANO STATE 11325983 RABIU KABIR DARMA P.O.BOX 12387 KANO KANO STATE 11326168 RABIU MUSA C/O MOHD RABIU P. M. B. 3021 KANO 11169764 RASHEEDAT TITILOPE AMIDA CSL STOCKBROKERS LIMITED LAGOS 11384405 RAUFU BABATUNDE HAMED P.O. BOX 577 SHOMOLU LAGOS 11098071 REFFEL GEORGE AYOOLA MOROUNFOLU P O BOX 4053 MARINA LAGOS LAGOS 11397322 RESOURCE DELIVERIES LIMITED P.O.BOX 73536 VICTORIA ISLAND LAGOS 11397765 RESOURCE DELIVERIES LIMITED P.O.BOX 73536 VICTORIA ISLAND LAGOS 11289120 RICHARDS OLUFOLAKEMI ABIMBOLA UBN PLC REGISTRAR’S DEPT. APAPA LAGOS 11370837 ROBERT OTUNWA EMENIKE HGBC P.O.BOX 5348 ABA 11098063 ROTIMI ODUNLAMI R FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11098078 ROYAL SECURITIES LIMITED AWOLOWO ROAD IKOYI LAGOS LAGOS 11912535 RUFAI BOSUN HAKEEM PLOT 48, OMERELU STREET G.R.A PHASE 1 PORT HARCOURT, RIVERS STATE 11371008 SA’AD AMINU C/O LABARAN AMMANI KANO STATE POLYTECHNIC PMB 3401 11325877 SA’IDU KAZAURE SANI P.O.BOX 13646 KANO 11366454 SAKA KOLAWOLE ADAMS G P O BOX 7775 MARINA LAGOS 11098119 SALAMI EKUNDAYO ADENIYI 14B OLUFUNLAYO STREET BOX 4345 IKEJA LAGOS LAGOS 11397395 SALAMI MURITALA ADEGBENRO 20 ODEWALE STREET ALAUSA IKEJA LAGOS 11384420 SALAWU ISMAIL MOBOLAJI 20,ADESHILE STREET, OFF ALAFIA STREET, MUSHIN,LAGOS. 11296666 SALEH TIJJANI SALEH P.O.BOX 10620 KANO KANO STATE 11371467 SALIHU SOLOMON ZIBIA (ADMORS TO THE ESTATE OF SALIHU ZAMAN ) E.C.W.A. P.O.BOX 5075 UNGWAR DOSA 11098166 SALIU JIMO KOKUMO P O BOX 942 YABA LAGOS LAGOS 11098083 SAMPSON JOSEPH P O BOX 53521 FALOMO-IKOYI, LAGOS LAGOS 11098084 SAMUEL C I FIRST ALUMINIUM COMPANY NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11306611 SAMUEL JOYCE OLUREMI 8 RAUFU WILLIAMS CRESCENT OFF ADELABU STREET SURULERE, LAGOS 11098209 SAMUEL NDUKA UKAUMUNNE FIRST ALUMINIUM CO NIG PLC P O BOX 356 PORT-HARCOURT RIVERS STATE 11912447 SANBROS TRUST & SEC. DEP. A/C 28, BERKLEY STREET, ONIKAN LAGOS 11372056 SANI MUHAMAMAD FU’AD 7 OMODEINDE STREET MORICASS AREA AGEGE 11912769 SANTOS AFOLABI OLANREWAJU 14 SOLANKE STREET AKOKA LAGOS LAGOS STATE 11372322 SANU ABIMBOLA ABIDEMI P. O. BOX 12272 IKEJA LAGOS STATE 11371728 SANUSI RUKAYAT OLAWUNMI P. O. BOX 36744 DUGBE IBADAN OYO STATE 11098086 SEKUMADE GEORGE JOSEPH 19 MAJARO STREET ONIKE YABA, LAGOS STATE LAGOS 11169789 SEWONIKU MORONKE ADUKE P. O. BOX 254 LAGO 11370540 SHARIF MAHAMUD P.O.BOX 11955 KANO KANO STATE 11098145 SHASANYA IBIYEMI P O BOX 73471 VICTORIA ISLAND LAGOS LAGOS 11098148 SHIMAL INVESTMENTS LIMITED P O BOX 1737 BAUCHI STATE BAUCHI 11372057 SHITTU ALIU ANUOLUWA NO 18 OGBUGBE STREET OFF OKOYA AJEGUNLE APAPA 11372480 SHITTU BABATUNDE BIDEMI NO 18 OGUNGBE STREET OFF OKOYA AJAGUNLE APAPA 11372491 SHITU HUSSAINI GETSO C/O GISEC LTD BOX 14427 KANO 11165835 SHOEWU OLUWAMAYOKUN 41 OLANREWAJU ST AKOKA, YABA LAGOS 11098135 SHOPEJU EFUNBOSEDE P.O.BOX 5464 MARINA LAGOS 11325803 SHUAIBU NURA SANI P.O.BOX 5192 KANO KANO STATE 11098088 SIMEON BLESSING 30 BISHOP JOHNSON STREET PORT HARCOURT, RIVERS STATE RIVERS 11370663 SIMMON EKPEDEME P.O.BOX 2804 WARRI DELTA STATE 11912430 SITOM MERCY AYORO NNPC MEDICAL SERVICE P.M.B 5342 PORT-HARCOURT RIVERS STATE 11325944 SITU ADEBOLA P.O.BOX 1179 EBUTE-METTA LAGOS,LAGOS-STATE 11371160 SIXTEX CONSULTANTS & CO. 20 BELLO STREET LADIPO ALASIA P.O.BOX 8011 11372482 SIYANBADE TAYO ABIODUN NO. 15 ILE-OGBO STREET OFF ADESHINA STREET OLD NEPA B/STOP 11098125 SOBAYO SUNDAY 3 ADEGBOYEGA STREET SAN MILL BARIGA LAGOS STATE LAGOS
2012 Annual Report & Financial Statements 81 Unclaimed Dividends for the year ended 31 December 2012
11372276 SOBODU AJIBOLA OLAYIWOLA 2 CHEVRON DRIVE LEKKI PENINSULA LAGOS STATE 11370989 SOKALE ADETOKUNBO BLOCK 15 FLAT 1 ABESAN HOUSING IPAJA 11098127 SOKUNBI OLANREWAJU M I INST FOR LABOUR STUDIES P M B 1524 ILORIN KAWARA STATE KWARA 11371995 SOLANKE OLUBUNMI MOTURAYO BOSEDE 51 FADU AVENUE ORILOWO EJIGBO 11372096 SOLANKE TUTUOLA DOLAPO GPO BOX 774 SHAPON ABEOKUTA OGUN STATE 11417803 SONUGA ADETORO OMOLOLA FAITH CHAPEL INT’L CHURCHES P.O. BOX 17266 DUGBE, IBADAN, OYO STATE 11325883 SOREMEKUN SIMEON OLANREWAJU PO BOX 29361 SEC. IBADAN OYO STATE 11098157 SORIBE ERNEST OGADINMA 134 HOSPITAL ROAD P O BOX 1352 ABA ABIA 11098140 SOSANYA OLATUNJI ANTHONY P O BOX 9117 MARINA LAGOS LAGOS 11098095 SOSANYA OLUFUNMILAYO ESTATE. OF SOSANYA P O BOX 162 SHOMOLU, LAGOS STATE LAGOS 11165776 SOSANYA FEMI C/O DE-CANON INV. LTD PO BOX 74743 V/I, LAGOS 11098129 SOTUNDE KEHINDE ANTHONY P O BOX 74041 V/ISLAND P O V/ISLAND LAGOS LAGOS 11098096 SOURA-OPKAFABRI(DECD) IGONI M(ADMOR) DUCIE H.S PLOT 216 GRA PHASE II P O BOX 1183 PORT HARCOURT, RIVERS STATE RIVERS 11370713 SOWEMIMO SOFUNDE OLUMUYIWA P. O. BOX 56 FALOMO IKOYI LAGOS STATE 11306649 SOYINGBE ADEKUNLE AYODEJI C/O 98, FREEMAN STREET EBUTE-METTA LAGOS STATE 11098112 STB FINANCE LIMITED 190 AWOLOWO ROAD IKOYI LAGOS LAGOS 11098141 STEPHEN CHRISTIANA OBIAJULU P.M.B 2044, BOJI BOJI, AGBOR, DELTA 11371679 SULAIMAN ABDURRAZAK P.O.BOX 5052 SABON GARI ZARIA 11371145 SULAIMAN ADEOYE OLUWAROIMI LEMAN’S ALUMINIUM (N) LIMITED 11 ADEBOLA OJOMU ST AGUDA S/L 11174414 SULE MIKE A.O. P.O. BOX 13857, IKEJA, LAGOS STATE, 11350366 SUMAILA LAMIDO BARWA SCHOOL OF TECHNOLOGY P.O. BOX 10337 KANO 11098116 SUMMA GUARANTY & TRUST PLC 51C MARINE ROAD P M B 1165 APAPA LAGOS STATE LAGOS 11098099 SUNLIFE INVESTMENTS LTD 47/57 MARTIN STREET P M B 12551 LAGOS, LAGOS STATE LAGOS 11098100 SUOTOR U G U G FIRST ALUMINIUM CO NIG PLC P O BOX 1071 LAGOS, LAGOS STATE LAGOS 11098154 SUPRA INVESTMENTS LTD 11B IKARIMU KOTUN STR VICTORIA ISLAND LAGOS LAGOS 11098192 TAMSEAL NIGERIA LIMITED 25A LUGARD AVENUE IKOYI LAGOS LAGOS 11098173 TANIMOWO TIMOTHY ADEWALE P O BOX 1909 SURULERE POST OFFICE LAGOS LAGOS 11912155 TASIE RICHARD SUNDAY P.O. BOX 621 SATELLITE TOWN LAGOS 11300145 TASLIMOT KUNBI OLAJUMOKE C/O REWARD INV. & SERVICES LTD P.O.BOX 5664, MARINA LAGOS 11327170 TECHNO PRIVATE INVESTORS CLUB SCHOOL OF TECHNOLOGY KANO STATE POLYTECHNIC, MATAN FADA ROAD KANO 11296628 TEMOWO EBENEZER ADEBOLA P.O. BOX 2022 YABA, LAGOS LAGOS STATE 11370525 THE IBTC NIGERIAN EQUITY FUND C/O IBTC ASSET MANAGEMENT LTD PO BOX 71707, V/ISLAND LAGOS 11098102 THE UNITED NIG INS CO LTD 53 MARINA P O BOX 588, LAGOS LAGOS 11098167 THLAMA ILIYA P O BOX 10215 KANO, KANO STATE KANO 11098168 THOMAS AYORINDE P O BOX 3876 SURULERE, LAGOS LAGOS 11417830 THOMAS AYORINDE P.O.BOX 3876 SURULERE LAGOS 11372409 THOMSON LADIORI GENERAL POST OFFICE STAFF ROOM MARINA 11417867 TIAMIYU GANIYAT TEMITOPE 14,OLUWASEUN STREET, IKOTUN,LAGOS, LAGOS STATE. 11098186 TIBOWE CECILIA OMOSHOLAPE P O BOX 2316 SABO YABA LAGOS LAGOS 11397355 TIJJANI AISHA INDO P.O.BOX 10689 KANO KANO STATE 11098169 TIME AND TIDE TRANS CO LTD P O BOX 7 AMAWBIA, ANAMBRA STATE ANAMBRA 11417172 TIMI-DAVIDS OLAMIDE 10, OSHIKELU STREET OFF OKIOBA STREET IKEJA, LAGOS STATE 11372458 TOLANI LORETTA NKEM 7 ERENGWA ST/ 111 OKIGWE ROAD P.O.BOX 6098 11327188 TOMIL TRUST LIMITED 18TH FLOOR, GREAT NIGERIA HOUSE 47/57, MARTINS STREET LAGOS 11300121 TRADE LINK FIN.-DEPOSIT A/C LAGOS 11165796 TRADE LINK FIN.-DEPOSIT A/C LAGOS 11098181 TYOUGH NANDEH KIMBIR C/O SACRED HEART PARISH P.O. BOX 12995, BARNAWA NARAYI, KADUNA STATE 11371156 U.C. NETWORK LTD 17 OLATUNDE ONIMOLE STREET CENSUS AGUDA SURULERE 11306675 U.R.L SUSPENSE ACCOUNT C/O UNION BANK REGISTRAR DEPT. APAPA 11098224 UBINI OKIEMUTE MCMILLAN P O BOX 123 EMEVOR ISOKO NORTH DELTA 11372179 UCHE CHARLES IKECHUKWU NWOKOLO A.R.C. FOR SPACE SCIENCE &TECHNOLOGY EDUCATION PMB 019 11325848 UCHEBENU FIDELIS NNAMDI (MR&MRS) P. O. BOX 13937 IKEJA LAGOS 11372162 UCHENDU -OGBU CATHERINE NNENNA NO 6 NWOSU STREET BY 60 P. H. ROAD P. O. BOX 2429 11371241 UDENWANI GEOFFREY IKECHUKWU NO. 9 EZENWEKE STREET TRANS-EKULU COMM. ESTATE BOX 3632 11098238 UDOH ANTHONY LINUS U B N PLC REG’S DEPT P.M.B 12717 LAGOS LAGOS 11098200 UDOH EKPO JACOB P O BOX 356 PORT HARCOURT, RIVERS STATE RIVERS 11098201 UDOH ISAAC 35A ABEL JUMBO STREET DIOBU MILE2 PORT-HARCOURT, RIVERS STATE RIVERS 11098202 UDOH ISAIAH WILLIAMS FIRST ALUMINIUM PRODUCTS PLC AGEGE, LAGOS STATE LAGOS 11371586 UDOH EMILY SUNDAY DTE SPDC P.O.BOX 263 PORT HARCOURT 11372063 UDOH EMMANUEL ESSIEN IBOKO OFFOT NO 13A OLD RING ROAD P. O. BOX 2786 11372005 UDOH UDEME EMMANUEL NO 29 UYO ROAD IKOT EKPENE AKWA - IBOM STATE 11371451 UDOKORO CHIDI LIVINUS BLOCK A 37 DONNEE HOUSEHOLD IND MKT OGBOEFERE MKT 11395003 UDOMBANA NSONGURUA JOHNSON P.O. BOX 80 UNILAG POST OFFICE AKOKA - LAGOS 11372342 UDOUDOM INIOBONG ETIM P.O.BOX 2759 MILE 1, DIOBU, PORTHARCOURT RIVERS STATE 11372156 UFOT IMEH ARTHUR UNION BANK OF NIG PLC PMB 1012 CALABAR
82 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
11174498 UGBOMA PATRICK SULE C/O D.E.C ENGICON NIG LTD 17A TRANS-AMADI INDUSTRIAL LAYOUT PORTHARCOURT 11289025 UGBOR EMMANUEL CHINEDUM P.O.BOX 85 OGBE AHIARA AHIAZU L.G.A IMO STATE 11370675 UGEGE FATIMA OSHONE DSC POST OFFICE BOX 143 ORHUWHORUN 11371127 UGOLI ONYEMAUCHE ALOYCIUS CENTRAL SCHOOL AMAEBU EBENATOR ORSU LGA 11098226 UGUCHUKWU HAMILTON RENMA 22 MOLADE OKOYA THOMAS ST V/ISLAND LAGOS LAGOS 11371659 UGWOEGBU HUMPHREY EBERECHUKWU 140 OLD OJO ROAD LAGOS LAGOS STATE 11370846 UGWOEGBU PATRICK TOBECHI C/O A.N. UGWOEGBU MADUAKO TRANSPORT CO. LTD. PMB 7178 11098233 UGWUANYI AMAECHI MICHAEL P.O.BOX 36, OGRUTE ENUGU EZIKE ENUGU STATE 11289106 UGWUEGBULEM IZUKA CALLISTUS DAN P. O. BOX 10379, PORT - HARCOURT, RIVERS, 11306600 UIDC SECURITIES LIMITED 47/57 MARTINS STREET P. O. BOX 73844 V/ISLAND - LAGOS 11098246 UJAH FLORENCE NNEBUIFE P O BOX 10859 MARINA LAGOS 11098205 UKACHUKWU A N P O BOX 46 MGBIDI, IMO STATE IMO 11098206 UKACHUKWU NWOKEJI A HOLY TRINITY SCHOOL,OMUMA AJI POSTAL AGENCY, VIA ORLU, IMO STATE IMO 11371093 UKACHUKWU EKE CHUKWUMA C/O SOCRATES LODGE P.O.BOX 610 ABA 11417866 UKACHUKWU JACOB EKE IMO P.O.BOX 1432 SOMOLU LAGOS 11098208 UKAOGO FESTUS O 36 ST MICHAEL’S ROAD ABA, ABIA STATE ABIA 11371557 UKAOHA CHRIS NKEMJIKA C/O MRS. EYEN 17 PALACE ROAD OLODI APAPA 11371092 UKE GODWIN IGUWE MAJOR ELECTRODES IND. LTD. 285 P/H ROAD P.O.BOX 292 11370829 UKONU SABESTINE NNANNA 79 TENANT ROAD ABA ABIA STATE 11327288 UKPABIO EKPE PO BOX 2361 UYO - AKWA IBOM STATE 11371453 UKWUNNA ANGELA CHIDIEBERE C/O NGOZI OKEKE NSE PMB 1769 11098222 UMAR ISYAKU P O BOX 5055 KANO KANO STATE 11371368 UMAR ABDULHADI C/O GISEC LTD P.O.BOX 14427 KANO 11327485 UMAR SHEHU YAKUBU 19 MARARRABA DALA L.G.A P.O.BOX 4894 KANO 11306533 UMAR TUKUR UMAR BELLO INDABAWA QTRS 229 KANO 11371254 UMEGO IFEANYI DONALD C/O DR. M.N. UMEGO DEPT OF PHYSICS ABU 11912501 UMEOGUINE NWANYINNAYA GLORIA NO. 7, OLAPADE STREET MUSHIN L.G.A. LAGOS, LAGOS STATE 11098220 UMORU MAHMED MAX-CUNTS P O BOX 4150 MARINA LAGOS LAGOS 11098243 UMUEZE INVESTMENT CLUB P A OBORO UMUEZE OGWA VIA MBERI POST OFFICE ANAMBRA 11417158 UMUKORO STEPHEN P.O. BOX 2080 WARRI, DELTA STATE 11098218 UNION BANK NOMINEES LTD 40 MARINA LAGOS, LAGOS 11098196 UNIT GUINESS OPTHALMIC GUINESS OPTHALMIC ABU TEACHING HOSPITAL P M B 2016, KADUNA KADUNA 11165811 UNIVERSITY OF IBADAN 25THANNIVESARY FUNDC/O THE BURSAR BUSARY , UNIVERSITY OF IBADAN IBADAN 11098249 UNUAVBOROH PAUL AKPOMEDAYE FALOMO IKOYI LAGOS LAGOS 11371863 URANTA CLINTON DICKSON P.O.BOX 11042 IKEJA LAGOS STATE 11371563 USIKPEDO FRANCIS OTUNOBU 7 TAIWO ODEKUNLE ST ORIMOLADE B/STOP OFF COLLEGE RD 11912659 USMAN GALADUNCHI ABDULHAKIM P.O. BOX 5804 MARINA LAGOS 11302633 USMAN AMINU P. O. BOX 251, KANO MAIN POST OFFICE, KANO STATE, 11098231 UTOMAKILI SAMUEL ORUMO 143 IYEN ST OFF AGHO STREET P O BOX 5744 BENIN CITY EDO STATE EDO 11325981 UWAGBOE BENJAMIN OMOROGIEVA 9 ORE-OGHENE STREET BENIN CITY EDO STATE 11098219 UWAKWE COMFORT A ASSEMBLIES OF GODS CHURCH RR 1-4 NASSARAWA ROAD.P.OBOX 4669 KADUNA. KADUNA, 11098221 UYE ULO ANTE NAL MERCHANT BANK PLC WHARF ROAD KADUNA KADUNA 11098237 UZOAGWA BENNETH CHUKWUEMEKA C/O U B N PLC REG’S DEPT 2 BURMA ROAD APAPA LAGOS P. M. B. 12717, LAGOS. 11372363 UZOKA NWAKAEGO VERONICA C/O UZOKA OBY 4 OLA-AYENI ST OFF MEDICAL RD 11372525 VINCENT-UVIEGHARA CLEMENTINA NO. 13/15 ADAMS STREET CELE B/STOP IJANIKIN 11098253 WABALI ERIC KINIKA SHELL-BP NIGERIA LTD P O BOX 263 PORT HARCOURT, RIVERS STATE RIVERS 11371853 WADA JIBRIL ATODO PHOTO PALACE AHMADU BELLO WAY PMB 1310 11098269 WAKILI ABDUL MAJID P. O. BOX 664, MARINA, LAGOS STATE, 11098261 WARISO CHARLES P. O. BOX 54284, FALOMO - IKOYI, LAGOS, 11098264 WHYTE EDWIN FRANCIS CHEVRON NIGERIA LIMITED P M B 12825 LAGOS LAGOS 11397342 WHYTE TINA TONYE 4 IKOTEKPENE ST. MILE 1 DIOBU PORT HARCOURT RIVERS STATE 11098262 WILLIAMS DAN DANESI CARE NIG INST OF ARCH P O BOX 6079 JOS PLATEAU STATE PLATEAU 11098256 WILMOT ANTHONY T DE B P M B 2009 JOS, PLATEAU STATE PLATEAU 11397894 WOCHICHUM PRINCE ALEX P.O.BOX 603 PORT-HARCOURT RIVERS STATE 11098273 YABANI ALIYU ADAMU NO 6 GWANI MUKTAR CRESCENT P O BOX 711 LAGOS LAGOS 11098274 YABANI MOHAMMED ADAMU NO 6 GWANI MUKTAR CRESCENT P O BOX 711 KADUNA KADUNA 11098281 YAHAYA ANAS S. P O BOX 72129 V/ISLAND LAGOS LAGOS 11912680 YAHAYA SULEIMAN BLOCK BB,FALT L10 NAVY BARRACKS MOBIL ROAD AJEGUNLE APAPA LAGOS SATATE 11325910 YAHAYA ALI C/O ADAMU BALA GIDAUNIYA INV. & SEC. LTD P.O. BOX 14427, KANO, KANO STATE 11278379 YAKASAI IBRAHIM ISA (ALHJI) C/O KANO FOUNDATION P.O.BOX 2720 KANO KANO STATE 11371966 YAKUBU AHMAD P.O.BOX 10609 KANO KANO STATE 11371358 YAKUBU ALIYU UMAR 58 IBRAHIM TAIWO ROAD P.O.BOX 14213 KANO 11371358 YAKUBU ALIYU UMAR 58 IBRAHIM TAIWO ROAD P.O.BOX 14213 KANO 11300146 YAKUDIMA SANUSI UBA P.O.BOX 272 KANO KANO STATE 11370588 YANGKUL EMMANUEL 12 NEPA GANGARE GYEL BUKURU, JOS PLATEAU STATE 11371360 YARO GWANGWAZO KARAMA C/O BELLO UMAR GWANGWAZO P.O.BOX 14427 KANO
2012 Annual Report & Financial Statements 83 Unclaimed Dividends for the year ended 31 December 2012
11912368 YARO GWANGWAZO MUHAMMED C/O BELLO UMAR GWANGWAZO ABUBAKAR P.O.BOX 2720 KANO 11397884 YAYO ABIGAIL OLORUNSOLA 9 MODUPE JOHNSON CRESCENT, SHELL CLUB, SURULERE LAGOS STATE 11098258 YAZANE SERVICES LIMITED P O BOX 71380 VICTORIA ISLAND, LAGOS LAGOS 11116185 YINUSA ISIAKA FSB INTERNATIONAL BANK PLC 23, AWOLOWO ROAD, IKOYI 11371678 YUSHA’U AHMAD DALHATU P.O.BOX 5052 SABON GARI ZARIA 11098279 YUSUF MOLIKI KAYODE P O BOX 43 EPE LAGOS LAGOS 11098270 YUSUF ZIRA P O BOX 6419 KAKURI, KADUNA SOUTH KADUNA STATE KADUNA 11371986 YUSUF MODINAT P. O. BOX 10402 MARINA LAGOS STATE 11296667 YUSUF TAKAI ISMAIL PO BOX 6860 BOMPAI - KANO 11098280 YUSUF(DECD) YUSUF MOSUNMOLA(ADMOR) RASHEED AYANYEMI 24, OLUMOKUN STREET AMUKOKO LAGOS 11300102 YUSUFF ABOLAJI ISIAKA GPO BOX 11748 IKEJA LAGOS STATE 11305826 YUSUFF OLUWATOYIN BILIKIS 28 OYO STREET MUSHIN - LAGOS 11305825 YUSUFF YESZIR OLUWASEHUN 28 OYO ST MUSHIN - LAGOS 11098283 ZAILANI MUHAMMAD KAWU 295/296 APAPA/WHARF ROAD P O BOX 434 APAPA LAGOS LAGOS 11098282 ZANNA LAMBA NAL.MERCHANT BANK PLC. 20, MARINA LAGOS LAGOS 11397302 ZAYD ABIOLA 20 AMUWO ODOFIN SHOPPING CENTRE JAKANDE ESTATE, MILE 2, LAGOS 11278390 ZEKERI YAHAYA P.O.BOX 74023 VICTORIA ISLAND 11306608 ZIMEST INV. & MGMT. CO. P.O. BOX 7840 G.P.O., LAGOS
84 2012 Annual Report & Financial Statements Unclaimed Dividends for the year ended 31 December 2012
2012 Annual Report & Financial Statements 85