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Constitution

THE GENESIS

The Akarigbo of Remo HRM Oba Babatunde Ajayi in his acceptance speech offered to provide the right leadership towards vigorous pursuit of the advancement of Remoland, while making life more abundant to Remo indigenes and residents alike.

Towards the actualization of that lofty vision, The Akarigbo in concert with Remo Traditional Council set the ball rolling, by assembling from the in-exhaustive list of professional indigenes of Remo land, with the charge to brainstorm and come up with an all-embracing Remo socio- economic development agenda with the objectives inter alia;

 

THE ROYAL MANDATE

I.Develop  a socio-economic MASTER PLAN for the transformation and development of Remoland in all segments of human endeavours

II.Develop a Remo Brand with its own unique identity and image viz;

I. Remo as the most industrial friendly division in Ogun State

II. Remo as the safest and most security conscious division

III. Remo as the cleanest division

IV. Remo as the most peaceful division

 

Fallouts from HRM’s Mandate

  • Develop a plan within the geo-political positioning of Remo in Ogun State, South-West Nigeria and Nigeria in general.
  • Develop a template for effective relationship with State, Federal Government and their Agencies.
  • Establish a solid communication, mobilization and publicity sensitization structures for the achievement of these objectives.
  • Pursue investment drivers and opportunities across Remo division, including industrial development, infrastructure, Employment generation etc.
  • Showcase and propagate the social-economic potentials of Remo to all stakeholders on and out of the State
  • Build human capacity and structure for the achievement of HRM’s mission.
  • Develop a strong data statistics, and research of all information; both economic, political, social and human for Remoland.
  • Set up an Endowment Fund.
  • Organize a Remo Socio –Economic Summit.
  • Set up a permanent Office, and staffing for the Office
  • Packaging all these into the 1st year anniversary of the Akarigbo
  • Setting up of sectoral Directorates to focus on Strategy and plans for the development of each sector. E.g. Finance, Infrastructure, Education, Health Land Management, Energy & Power , Akarigbo Corporate Council, Diaspora Affairs, Media and Public Relations, Rural and Urban Development etc.

The 17 RemoGDF Directorates

1 Agriculture Development
2. Branding & Communications
3. Commerce & Industry
4. Diaspora Relations
5. Education
6. Employment Generation
7. Energy, Gas & Power
8. Environment, infrastructure and Urban and Rural Dev.
9. Finance & Strategy/ Endowment Fund/ Socio-Economic Summit
10. Health
11. Heritage & Culture
12. ICT & Technology
13. Infrastructure
14. Inter Government Relations
15. Security & Safety
16. Solid Minerals
17. Youth

 

 

PREAMBLE

We, the members of REMO GROWTH AND DEVELOPMENT FOUNDATION a not for-profit and non –political organization do firmly and solemnly resolve to provide for ourselves a constitution and to be governed by the provisions therein contained.

ARTICLE 1: NAME

The name of the Foundation is INCORPORATED TRUSTEES OF REMO GROWTH AND DEVELOPMENT FOUNDATION

ARTICLE 2: ADDRESS

The address of the Association shall be:

1, REMO RESOURCE AND RECREATION CENTRE, ALONG SIR KESINGTON ADEBUKUNOLA ADEBUTU WAY, IPERU-REMO, OGUN STATE (IPERU-REMO, OGUN)

 

ARTICLE 3: AIMS AND OBJECTIVES

The aims and objectives of the Foundation are:

1  To promote peace, growth and dev elopement in Remo Land and Nigeria in general.

2  To further act as a catalyst and in partnership with Government at all levels in evolving a short-medium-long range planning and execution of appropriate development objectives and projects for Remoland, coupled with the promotion and enhancement of Remo human potentials, while adding value to her natural endowments.

3  To act as a development agency in raising funds locally and internationally for the execution of development objectives of Remo through building of infrastructure, employment generation opportunities and industrialization of Remo through partnership with agents of government at all levels and individuals and companies.

4  To pursue investment drivers and opportunities across Remoland to include Industrial development, Infrastructure, Empowerment generation for every segment of Remo people and residents of Remo.

5  To appoint from time to time committee of experts to evaluate all aspects of developments and wellbeing for Remoland, indigenes and residents alike with particular regard to Infrastructure, Energy, Health, Rural and Urban Development, Science and Technology, Safety, Security and Employment Generation, with a view to developing and executing projects aimed at the general wellbeing of Remoland, her indigenes and residents.

6  To develop a REMO BRAND that illustrates and emphasizes at a glance Remo distinctiveness.

7  To establish an Endowment Fund that will embrace all Remo Indigenes both at home and in diaspora towards executing projects across Remoland that would be recommended periodically by the committee of experts and the Directorate.

8  To promote the development of education and skill development through the establishment of infrastructure, development of agriculture and natural resources, scholarship awards and grants to individuals and institutions along defined mission of the Foundation.

9  To sensitize the people of Remoland and make them key into the emerging reality of Remo as One & Indivisible People united to uplift Remoland and enable her indigenes to be able to stand tall in Ogun State, Nigeria and the World over.

10  To continually come up with ideas, objectives and projects that will make Remoland a cynosure among other Divisions in Nigeria and the preferred investment destination of choice.

11  That this Foundation shall be governed by this Constitution and its By-law and in the event of conflict between this Constitution and its Bye-law, this Constitution shall prevail and the Bye-law shall to extent of its inconsistency be void.

 

ARTICLE 4: TRUSTEES

  • The Trustee of REMO GROWTH AND DEVELOPMENT FOUNDATION for the purpose of the Companies and Allied Matters Act CAP C20 LFN 2004, shall be elected at a General Meeting charged with responsibility of selecting the Trustees with 2/3 majority votes of members present.
  • Such Trustees (Hereinafter referred to as, “The Trustees”) shall not be less than 2 and more than 10 in number.
  • A Trustee may hold office for 8 years but shall cease to hold office if he:

–Resigns his office

–Ceases to be a member of the registered Trustees of the body

–Becomes insane

–Is officially declared bankrupt

–Is convicted of a criminal offence involving dishonesty by a Court of competent jurisdiction.

–Is recommended for removal from office by a board of Governors and Trustees majority vote of members present at any General Meeting of the body

–Ceases to reside in Nigeria

  • Upon a vacancy occurring in the number of Trustees a General Meeting will be held to appoint another eligible member of the Foundation

 

ARTICLE 5: COMMON SEAL

  • The Trustees shall have a Common seal.
  • Such seal will be kept in the custody of the SECRETARY who shall produce it when required for use by Trustees.
  • All documents to be executed by the Trustees shall be signed by such number of them and sealed with the Common seal.

ARTICLE 6: MEETINGS

  • For effective administration of Foundation , there shall be the following meetings:
  SN                                MEETING NAME                               MEETING QUORUM
1                  Annual General Meeting                       Two-third of members shall form a quorum.
2                    Board of Trustees Meeting                   Two-third of members shall form a quorum.
3                  Executive Council Meeting                   Two-third of members shall form a quorum.

ARTICLE 7: GOVERNING BODY

  • (7) The Governing Council
  • (2) The Board of Trustees
  • (3) The Executive Council.

ARTICLE 8: SOURCES OF INCOME

The sources of income for the Foundation shall include:

For the purpose of raising and generating funds and other resources (in cash or in kind) for the realization of its Aims and Objectives, The FOUNDATION may:

1.Accept donations (whether cash and/or kind) from individuals, Corporate bodies, organization in Nigeria or elsewhere;

2.Receive grants or assistance from individuals, trusts fund and other charitable or philanthropic organizations in Nigeria or elsewhere;

ARTICLE 9: DISBURSEMENT AND APPLICATION OF FUNDS

  • The Chairman shall receive all monies payable to the FOUNDATION from all sources and make necessary authorized disbursement in consultation with the Financial Secretary while keeping proper records of such transactions, shall also keep an impress account of such amount to be determined by the Executive Council of the FOUNDATION and shall act only on Financial approval of the Chairman.

ARTICLE 10: KEEPING ACCOUNT

  • The FOUNDATION shall open an account or accounts in any reputable bank or banks and the signatories to the account (s) shall be the Chairman provided any two of the signatories shall be sufficient for withdrawal from the account at any given time. The FOUNDATION shall ensure the accurate keeping of all income and expenditure.
  • The Foundation shall ensure the accurate keep of record of all income and expenditure.

ARTICLE 11: APPOINTMENT OF AUDITOR(S)

  • Independent qualified and licensed Auditors shall be appointed by the general meeting to audit the financial records of the Foundation annually and submit an audited report to the Annual General Meeting of the Foundation .
  • The audited financial statements (balance sheet and income and expenditure account) duly certified by independent auditors shall be annexed to the annual returns and file with the Corporate Affairs Commission.

ARTICLE 12: AMENDMENT OF CONSTITUTION

  • `The Foundation may alter the provision of its Constitution at a General meeting by a resolution passed by a simple majority of its members and approved by the Commission.

ARTICLE 13: SPECIAL CLAUSE

(1)  THE INCOME AND PROPERTY OF REMO GROWTH AND DEVELOPMENT FOUNDATION shall be applied solely towards the promotion of the objective of the body as set forth in this RULES AND REGULATION/CONSTITUTION: and no portion thereof shall be paid or transferred directly or indirectly, by way of dividend, bonus or otherwise howsoever by way of profit, to the members of the Foundation.

(2)   PROVIDED that nothing herein shall prevent the payment in good faith, or reasonable and proper remuneration to any officer or servant of the Foundation in return for any service actually rendered to the Foundation:

a. With the exception of ex-officio members of the Governing Council, no member of the Council of Management or Governing Body shall be appointed to any salaried office of the Foundation or any office of the Foundation paid by fees; and be. No remuneration or other benefit in money or money’s worth shall be given by the body to any member of such Council or Governing Body except repayment of out of pocket expenses or reasonable and proper rent for premises demised, or let to the Foundation or reasonable fees for services rendered.

(3)   “If in the event of a winding up or dissolution of the corporate body there remains after the satisfaction of all its debts and liabilities, any property whatsoever, the same shall not be paid to or distributed among the members of the Foundation but shall be given or transferred to some other institutions, having objects similar to the object or Foundation, such institutions to be determined by the members of the Foundation at or before the time of dissolution.

(4)   If effect cannot be given to the aforesaid provisions, then the remaining property shall be transferred to same charitable object.