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Court Restrains FG from Accessing N200bn Unclaimed Dividends
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Court stops FG from taking over N200 billion unclaimed dividends
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Press focuses on advice of Catholic Bishops on agitations, others
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Court restrains FG from borrowing unclaimed dividends
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By Rukayat Moisemhe
Lagos, April 1, 2021 The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has called for stakeholder education on debt funding and utilisation of unclaimed dividends.
Mrs Taiwo Olusesi, Registrar, ICSAN, gave the advice in a communique to newsmen on Thursday in Lagos.
Olusesi urged the relevant government bodies to engage the investing public more regularly and obtain their feedback on improving the debt funding system and the utilisation of the Unclaimed Fund Trust Fund (UFTF).
Olusesi said the advice became pertinent to address the problems of distrust between investors, depositors and the government.
According to her, maintaining investors’ confidence and allaying their doubts and fears is very paramount.