34 I AFRICAN ECONOMY
mE GUARDIAN,Thursda}\ March 24, 2011
AfricaRice to lead global research alliance\~ddress continent's rice cnallenges
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FrleslandCampinoJ WAMCO Nlferla PLC FRIESLANDCAM~INA
WAMCO NIGERIA
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RC 11330 NOTICE Of MEETING NOTICE IS HEREBY GIVEN that the Thirty Eighth Annual General Meeting of FrieslandCamplna WAMCO Nigeria PLC will be held at the Shell HalJ. Ml!.!>ON Centre, 8/9 Marina, Onikan, Lagos on Friday. 29 April. 2011 at 11.00 a.m. to transact the following business: O RDINARY B,!SINESS (I )
To receive the Report of {he Directors and the Audited FinancIal Statements for the year ended 31 December 2010 together with the reports of the Auditors and Audit Committee thereon .
(2)
To declare a final dividend .
(3 )
To electjre-elect Directors.
(4)
To authorize the Directors to fix the remuneration of the Auditors.
(5)
To elect members of the Audit Committee .
SPECIAL BUSINESS (6)
To approve the remuneration of the Directors.
(7)
To consider and if thought fit, ~dSS the fo llowing resolution as a n ordinary resolution: "That pursuant to Article 125 of the Articles of Association of the company and the recommendation of the Directors, the sum of N97,633,594 being part of the amount standing to the credit of the company's Revenue Reserve Account, be and Is hereby capitalized into 97,633,594 ordinary shares of N1.00 each and appropriated to the members whose names appear In the Register of Members at the close of business on Tuesday, 12 April 2011, In the proportion of ONE new ordinary share for every FOUR ordinary shares registered In such members' names on that date, the shares so distributed being treated for all purposes as capita l and not as Income, ranking pari passu with the existing shares of the compa ny, provided that the shares Issued pursuant to this resolution shall not qualify for the dividend declared In respect of the 2010 accounts and that the Directors shall give effect to this resol ution on receipt of the necessary permission from the appropriate Authorities".
n:>NCERNED by the rising ~orld food prices and the grave implications for Africa, fhe Board of Trustees of the AfrIca Rice Centre (AhicaRJce) has endorsed the centre's lead role for the continent In the recently launched Global Rice Sdence Partnership (GRiSP), whidl aims at connibuting significantlyto lowering rice prices and redudng global poverty by more than 10 percent GRisp, which Is the first new Consultative Group on International Agricultural Research (CGIAR) Research Progrnmmetobeapproved,will address the need to grow more rice in the coming years to feed theworld'spopulationwithless land, I~ss water, and less labour in more eco-effident prociuc. tion systems that are more resilient to climate change. o As one of ti,e main arChitects of GRiSP, AfricaRice is commit· ted to supporting its goa) to develop Africa's ~tential to grow more rice, stated the board at Its jusl-Concluded meetlJ1~atthecentre'sregional
station In SL [ouIs, Senegal The challenge is huge in Africa, which depends heavily on rice Imports and remains vu lnerable to food crises. Since 2007, AfricaRice has been consistently advising its member states to adopt key policy measures to su pport the rice sector. The Implementation of these meas· ures contributed to significant Increases in domestic rice prod uction in several African countries in 200S and 2009. The board commended the AfricaRJce DIrector General, Dr.
PaJl<l Abdoulaye Seck and the still for achieving a tum· around in the centre's growth and for high levels of Dt!rf'onnancesince2007,induding: • A redirection of the centre's vision and strategy based on scientific excellence and greater ownership by its membercountries. • Tripling of the volume of rice R&D projects ' with national
panners.
. Increased adoption of AfricaRJce technologies (NERI· CA varieties growing in more than 700,000ha across Africa and AfrIcaRJce's Sahel varieties sown in nearly so per cent of the Senegal RiverValley). • Doubling of the centre's budget and funding reserves. • Ten-fold increase in yearly conUibution from member countries. • Reinvigorated researcll structure aligned with GRJSP tllemes. • Effective decentralisation of research activities. • Important new partnership with the International Rice Research Institute (IRRJ), the International Centre for Tropical Agriculture (ClAT). advanced research institutes and regional economic communities. • Increased international recognition, including two UniteCI Nations awards. • "Outstanding" rating In the 2010 World Baflk Performance Measurement systerTL . Transfonnation from a regional to a pan-African organisation with new member countries from Central, East
and Nonh Africa. The board expressed keen interest in the new research thrusts of AfricaRice, including the development of a new gen· eration of c1imate-resilient rice technologies and innovative approaches,such as the marketonenred value chain approach being adopted by the cenlreAfricaRIce is developing a new strategic plan, which wi ll be examined by the board in the coming months. "We are exdted to see a heallhy and scientifically-vibJdnt cen· tre," the board chair stated durIng his intera ction with the workers and their research and development parmers. Before concluding the meet· ing, the board approved the working bud~et for 2011 and took key decisions on board membership. it was pleased to elect Dr. Peter Matlon as tile new board cha1nnan and expressed its /l"!tltude to the outgoing chalf, Mr. Getachew En,gjda for his valuable contributions to the centre. It bade farewell to Dr. Kiyoaki Maruyama and thanked him for his dedicaled service. Dr. Masa Iwanaga, a world renowned Japanese expert and fonner Director General of the International Maize and Wheat Improvement Centre (ClMMYf), was selected as a new member. AfricaRice is an Intergovernmental research association of 24 African member countries. It is also a member of the consortium of 15 international centres supported byCGIAR.
n r "'"". n 1,. i + ,,~ Co . , N' . Ltd t'. • "' •• '" •• Igena .
BY ORDE R Of T HE BOARD
Offers you a full range of Italian COLD ROOMS that keeps your perishable products fresh.
Gene rally walk-I n chillers lemporalure varies belween Bolade Obat-Ol owu (Mrs.) Company Secretary Lagos, Nigeria Dated this 2nd day of March, 2011
o to S'
C. while
walk·in freezers temperature
varies between - 20' C and -1S' C.
NOTES
1.
2.
Proxy A member of the Company, who Is entitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote In his/ her stead. A proxy need not be a member of the Company. A proxy form is enclosed in the Annual Report. To be valid, the Instrume nt of proxy must be duly stamped by the Commissio ner of Stamp Duties and deposited at the office of the Registrar, First Registrars Nigeria Limited, Plot 2, Abebe Village Road, Iga mu not later than 48 hours before the time of the meeting . Dividend Warrants if the divid end recommended by the Directors Is approved , di"idend warrants will become payable on Friday, 29 April 2011 to members whose names are on the Register of Members on Tuesday, 12 April 2011.
3.
Closure o f Register The Register of Members and Transfer Books of the Company will be closed from Tuesday, 12 April 2011 to Thursday, 14 April 2011 both dates inclusive, to enable the Registrar prepare for the payment of dividend.
4.
Au d it Com mittee In accordance with Section 359(5) of the Companies and Allied Matters Act, Cap C.20, Laws of the Federatio n of Nigeria 2004 , any .shareholder may nominate another shareholder for apPOintment to the Audit Commfttee by giving notice of such nom ination , In writing, to the Company Secretary, at least 21 da ys before the Annual General Meeting.
Different applications (or cold rooms: STORAGE TEMP
reI
RELATIVE
AP PRO X I MATE
HUMIDJTY STJ)RIIGE_LI FE
MEOICINES·CHEMICAL PRODUCTS
0-2
FRUITS, VEGETABLES, PASTRIES, DAIRY Products
0·5
70%
3 MONTHS
2 MONTHS
MEAT, CHICKEN, FISH, MILK, BUD ER (FRESH)
0-2
85%
3 WEEKS
VEGETABLES, MEAT, CHICKEN, FISH (FROZEN)
-18
+/-0%
4·1S MONTHS
OUf producls tire equipped with
digital th e rmometers and electronic
control system. · USl'r friendl y :
Customer can sCllhcir wom temperature parameters which can easily be checked on the electronic display. C am lock panels: from 2000~2000x22OQ
10
mm 5000.4500x2200 mm
Prices start at 2.5 Million Naira onwards. Head Office I Factory: Universal Furnilure Compound Km16. Ikorodu Road, Opp. Ojola Senior Sec. School Tel: 01-279903114. 7948664. Mobile: 08033793924 Showrooms: Ikeja, Victoria "Island, Abuja , Calabar