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  #2081 (permalink)  
Old 9th May 2012, 09:37 AM
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Default Re: Transcorp
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Originally Posted by cashrules View Post
Whatttt!!! You mean Obinna Ufodo is now earning N129M per annum???? and the guy go dey do like say notin dey happen for im side? ...chai.. peper don rest for my guy side o!!
Yes that is what they have in the annual report as the emolument of the highest paid director, which is usually the MD/CEO. He earned N129,696,000 in 2011. Although the Chairman Tony Elumelu is the major shareholder with 5,720,232,905 units of share which is 22.16%f the company's share.
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  #2082 (permalink)  
Old 9th May 2012, 09:48 AM
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Default Re: Transcorp
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Originally Posted by emmanuel ewumi View Post
I do'nt trust these guys. They do not have the interest of the shareholders at all. Based on their current annual report page 38 the salary of the MD/CEO was increased from 66 Million in 2010 to 129 million in 2011. This does not include pension contributions and certain benefits, whereas profitable and dividend paying companies like Nigerian Breweries, Guinness, FBN, Zenith, Nestle, Oando, Access etc paid their MD/CEO about a quarter to half of what the MD/CEO of Transcorp earned.
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Whatttt!!! You mean Obinna Ufodo is now earning N129M per annum???? and the guy go dey do like say notin dey happen for im side? ...chai.. peper don rest for my guy side o!!
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Originally Posted by emmanuel ewumi View Post
Yes that is what they have in the annual report as the emolument of the highest paid director, which is usually the MD/CEO. He earned N129,696,000 in 2011. Although the Chairman Tony Elumelu is the major shareholder with 5,720,232,905 units of share which is 22.16%f the company's share.
Abeg, I dey find MD/CEO job....He be like say their own na just to clean up...
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  #2083 (permalink)  
Old 10th May 2012, 12:35 PM
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Default Re: Transcorp
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Originally Posted by horlads View Post
Abeg, I dey find MD/CEO job....He be like say their own na just to clean up...
There is vacancy for MD/CEO of transport company operating 4 keke napep's. MD pass MD.
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Old 11th May 2012, 05:11 AM
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Default Re: Transcorp
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Originally Posted by cashrules View Post
Transcorp hinges future growth on strategic investments

.

I always knew that Elumelu was eyeing the power sector!!!
What exactly does this mean?
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