Nigeria’s foremost shoemakers, Footwear Accessories Manufacturing and Distribution (FaMaD) Plc (formerly Bata) will hold its yearly general meetings on January 16 in Lagos, at 11.00 a.m.

The AGMs, which will span December 31, 2007 to December 31, 2021, are in fulfillment of the statutory requirements for companies, as laid down by the Companies and Allied Matters Act.

In a statement, the board’s chairman, Pastor Ituah Ighodalo, said the AGMs would furnish shareholders with fortunes of the company over the years.

The abridged financial statements for the years under review would be presented to the shareholders for examination and ratification, along with that of the audit committee. There will also be election and re-election of directors, including that of Engr. (Mrs.) Mayen Adetiba (re-election) and Alhaji Muhammed Kabir Haruna (election).

Ighodalo seized the opportunity to thank the shareholders for their unwavering support and trust in the board over the years.

FaMaD Plc, a full-scale shoe manufacturing outfit, is popular for its fashionable men, women, and children’s shoes, renowned for their quality and durability.

It became a wholly Nigerian-owned company after the divestment of Bata, its foreign partners, in the late 1980s.