Tag: NNDC

“NNDC must drive region’s economic revival” – Northern Govs. Chair 

Aminu Imam
Northern Govs. Chair on NNDC

Chairman of the Northern States Governors’ Forum (NSGF) and Gombe State governor, Muhammadu Yahaya, has called for the urgent transformation of the New Nigeria Development Company (NNDC), declaring that the regional investment body must rise to meet the economic realities facing Northern Nigeria or risk irrelevance. Speaking at the close of a 2-day retreat organised by the Board and Management of the NNDC in Abuja, the governor set a clear tone, emphasising that the era of talk must give way to decisive action. Yahaya, represented by the NSGF’s Director-General, Ezekiel…

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NNDC: Shareholders approve N125 million worth dividends, bonus at AGM

Aminu Imam

The New Nigeria Development Company Limited (NNDC) shareholders have approved the distribution of cash dividends of N100 million (equating to 20 kobo per share) for the financial year ended 31st March 2021, at its just-concluded Annual General Meeting (AGM). The AGM also approved the distribution of N25 million bonus shares, equating to 1 bonus share for every 20 shares held by the shareholders of NNDC. In addition, the AGM approved an appropriation of N15 million each for the Young Professionals Development Scheme and Musa Bello Learning Centre respectively. The shareholders’…

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