web.ikoyiclub1938.org · Web viewgeneral committee. chairman. maj gen m. a. balogun (rtd.) -...

GENERAL COMMITTEE

CHAIRMANMAJ GEN M. A. BALOGUN (RTD.) - CHAIRMAN

OFFICE BEARERSMR. OLUSOLA ADEOSUN - VICE-CHAIRMANMR. OLATOKUNBO OGUNDIPE - HONORARY SECRETARYMR. OLUWASOGA ODUMABO - HONORARY TREASURERMR. TONY ONWU - GOLF CAPTAIN

OTHER MEMBERSMR. EDE OSEMWENGIE - TENNIS CHAIRMANMR. SEGUN ADEKOYA - SWIMMING CHAIRMANMR. AKINWUMI AKINTOLA - SQUASH RACQUET CHAIRMANMR. CHIKWENDU OGBONNA - BADMINTON CHAIRMANMR. ADETAYO OSUNTOGUN - TABLE TENNIS CHAIRMANMR. SEGUN BANKOLE - ENTERTAINMENT CHAIRMANMR. CHUKWUMA OYEKA - BILLIARDS, SNOOKER & POOL

CHAIRMAN

MISS CHRIS ERIM-ONONGHA - AG. OTHER SPORTS SUB-COMMITTEE CHAIRMAN

ENGR. BABATUNDE OLOWU - PREMISES ADVISERMR. TAFA ZIBIRI-ALIU - BAR ADVISERMRS. BOLA CUSWORTH - CATERING ADVISER

TRUSTEESMR. R. L. KRAMERMR. ALABA OKUPEENGR. AKIN LAGUDA

IKOYI CLUB 1938NOTICE OF MEETING

NOTICE IS HEREBY GIVEN THAT THERE WILL BE A GENERAL MEETING OF MEMBERS OF IKOYI CLUB 1938 ON THURSDAY FEBRUARY 25, 2016 AT 12 NOON AND 7.15PM RESPECTIVELY IN THE CLUB’S ROTUNDA.

AGENDA1

PART ONE – 12 NOON1. TO READ THE NOTICE CONVENING THE MEETING.2. ELECTIONS – MAIN HOUSE – DECLARED OPEN3. VOTING CLOSES 7.00P.M.

PART TWO – 7.15P.M.4. READING, CONSIDERATION AND ADOPTION OF THE MINUTES OF THE MEETING HELD ON 27th

AUGUST, 2015.5. MATTERS ARISING THEREFROM

6. PRESENTATION OF THE GENERAL COMMITTEE’S REPORT BY THE CHAIRMAN OF THE CLUB (AS PER RULE 22).

7. ADOPTION OF THE GENERAL COMMITTEE’S REPORT.

8. PRESENTATION & ADOPTION OF HONORARY TREASURER’S REPORT ON THE FINANCIAL STATEMENTS FOR THE HALF YEAR ENDED DECEMBER 31, 2015.

9. PRESENTATION & ADOPTION OF THE AUDITED ACCOUNTS FOR THE SIX MONTHS ENDED DECEMBER 31, 2015.

10. PRESENTATION OF TRUSTEES’ INVESTIGATION PANEL REPORT INTO ALLEGATIONS OF MISMANAGEMENT OF SPONSORSHIP FUNDS AND ABUSE OF OFFICE IN THE GOLF SECTION

FROM FEBRUARY, 2010 – FEBRUARY 2015.

11. ADOPTION OF TRUSTEES’ INVESTIGATION PANEL REPORT INTO ALLEGATIONS OF MISMANAGEMENT OF SPONSORSHIP FUNDS AND ABUSE OF OFFICE IN THE GOLF SECTION

FROM FEBRUARY, 2010 – FEBRUARY 2015.

12. PRESENTATION & ADOPTION OF THE AUDIT COMMITTEE’S REPORT.13. COMPOSITION OF THE AUDIT COMMITTEE14. PRESENTATION & ADOPTION OF THE INVESTMENT COMMITTEE’S REPORT.15. COMPOSITION OF THE INVESTMENT COMMITTEE16. PRESENTATION & ADOPTION OF THE JANUARY - DECEMBER 2016 OPERATIONS AND CAPITAL BUDGETS.17. PROPOSALS (PER RULE 24)18. DECLARATION OF RESULTS OF MAIN HOUSE ELECTIONS19. ANY OTHER BUSINESS

TOKUNBO OGUNDIPE ESQ.HONORARY SECRETARY

IKOYI CLUB 1938MINUTES OF THE HALF YEAR GENERAL MEETING OF ALL MEMBERS OF THE CLUB HELD ON AUGUST 27, 2015

Present:

1. Major General M. A. Balogun (Rtd.) - Chairman2. Mr. Olusola Adeosun - Vice Chairman3. Mr. Olatokunbo Ogundipe - Honorary Secretary4. Mr. Oluwasoga Odumabo - Honorary Treasurer5. Mr. Tony Onwu - Golf Captain6. Mr. Ede Osemwengie - Tennis Chairman7. Mr. Akinwumi Akintola - Squash Chairman 8. Mr. Chikwendu Ogbonna - Badminton Chairman

2

9. Mr. Olusegun Bankole - Entertainment Chairman10. Mr. Tayo Osuntogun - Table Tennis Chairman11. Mr. Chukwuma Oyeka - Billiards/Snooker&Pool Chairman12. Miss Chris Erim-Onongha - Ag. Other Sports Chairman13. Engr. Babatunde Olowu - Premises Adviser14. Mr. Tafa Zibiri-Aliu - Bar Adviser15. Mrs. Bola Cusworth - Catering Adviser16. Mr. Richard L. Kramer - Trustee17. Mr. Alaba Okupe - Trustee

+ 67 Ordinary, Life and Honorary Members

In Attendance:

1. Mrs. Roseline Adegoke - Acting General Manager

Apologies

1. Mr. Segun Adekoya - Swimming Chairman2. Engr. Akin Laguda - Trustee

____________________________________________________________________________

1.0 Notice Convening the Meeting

The meeting was declared open by the Chairman of the Club at 7.10pm, after the statutory quorum of fifty (50) members had been formed and called on the Honorary Secretary to read the Notice convening the meeting.

The Honorary Secretary thereafter read the Notice convening the meeting.

2.0 Consideration of the minutes of the Meeting held on 26 th February 2015

2.1 Amendment

Page 6, 5.2 1st paragraph 1st sentence to read thus: “Mr. Richard Giwa-Osagie (G.816) said that at the last AGM, it was reported that a former General Manager (Mr. Dipo Onafowokan) was paid about N10m as reported by the Club Lawyer during the last AGM”; last line to read thus: “…accountability. In concluding he said it was a deliberate rip-off on our resources.”

Page 7, 7.0 1st bullet point line 1 delete the word “made”

Page 9, 11.1.1 line 1 delete the word “he”; 11.1.3 line 1 delete the word “he” and replace “are” with “were”

2.2 Adoption of the minutes of 26 th February 2015

3

Motion for the adoption of the minutes was moved by Mr. Tayo Ajibulu (A.2669) and seconded by Mr. Henry Omoragbon (O.1853).

Voting

Those in Favour - 33Those Against - Nil Abstention - Nil

3.0 Matters Arising

3.1 The Chairman said that most of the matters arising from the last minutes will be addressed in the Report of the General Committee.

4.0 Presentation of the Report of the General Committee.

The Report of the General Committee for the period ended June 30 2015 was presented to the House by the Club Chairman. The Chairman expressed his gratitude for the election to run the affairs of the Club.

Mr. Akin Semowo (S.2054) moved the motion for adoption of the Report of the General Committee as presented for discussion and this was seconded by Engr. Kayode Anibaba (A.1583).

Voting

Those in Favour - 37Those Against - NilAbstention - Nil

4.1 Comments on the General Committee’s Report

4.1.1 Mr. Alaba Okupe (O. 144 Trustee) referred members to page 26 of the report on painting of the main house building. He stated that Ikoyi Club has a tradition on colour and that unfortunately the present colours are not the Club’s colours.

On the Judgment Debt, Mr. Okupe said that he had a problem with the manner in which all the cases except one were reported in the Report. He stated that he has the certified true copy of the Judgment and there was no where 21% interest was awarded.

Chairman’s Response

4.1.2 On the issue of Club’s colours, the Chairman responded that this will be adequately addressed by reflecting the true Club’s colours.

4

4.1.3 On the issue of non functioning lift in the new car park, the Chairman stated that this is being addressed by the Premises Adviser.

4.1.4 the Chairman responded that the following issues will be addressed within the next couple of months:

a) the eyesore constituted by the Badminton Section wall facing the Tennis centre court

b) inadequate lighting, offensive stench and diesel spill at the Tennis car park,

4.1.5 Judgment Debt

After several comments made by members on the Judgment Debt, the House decided that the General Committee, Trustees and Counsel should meet to find a lasting solution to the protracted matter.

Adoption of General Committee’s Report

Engr. Bola Ayorinde (A.3484) moved the motion for adoption of the General Committee’s report as presented and was seconded by Otunba Sonaike (S.1739).

Voting


5.0 Presentation of the Honorary Treasurer’s Report

The Honorary Treasurer presented the report on pages 64 to 69 for the Year ended 30 th June 2015.

6.0 Financial Statement on the Audited Accounts for the period ended 30 th June 2015

Mr. Michael Osinloye from Akintola Williams & Deloitte presented the Audited Accounts for the period ended 30th June, 2015 as stated on pages 72 to 105.

6.1 Comments on Honorary Treasurer’s Report and Financial Statement on the Audited Accounts for the period ended 30 th June 2015

None.

Adoption

Mr. Olatunji Oni (O.1745) moved the motion for adoption of the Honorary Treasurer’s Report and Financial Statement for the period ended 30 th June 2015 as presented and was seconded by Engr. Oluwole Alli (A.2892).

5

Voting


7.0 Presentation of Audit Committee Report

The Audit Committee Report was presented to the House by the Chairman Mr. Adeyemi Adetunji as stated on pages 62 to 63.

8.0 Presentation of Investment Committee Report

The Investment Committee Report was presented to the House by the Honorary Treasurer on behalf of the Chairman Mr. Bola Ajomale for the period ended 30 th June 2015.

8.1 Comments on Audit Committee and Investment Committee Report

None.

Adoption

Mr. F. Ola-Azeez (O.1651) moved the motion for adoption of the Audit and Investment Committees Reports as presented and was seconded by Engr. Oluwole Alli (A.2892).

Voting


9.0 Presentation of the July 2015 to June 2015 Capital Budgets and Operations

The Honorary Treasurer presented the Recurrent Budget for July 2015 to June 2016. On the Capital Budget, he stated that ordinarily approval of the Capital Budget is that of the Audit Committee but since the introduction of the CAPEXCOM at the February General Meeting, the Audit Committee was unable to approve the Capital Budget since the Capital Expenditure Coordinating Committee (CAPEXCOM) has been saddled with coordinating and approving all capital budgets. However the CAPEXCOM will not come into operation until February 2016.

9.1 The Vice-Chairman on behalf of the General Committee presented a Proposal from the General Committee requesting for a ONE OFF SPECIAL APPROVAL of the July 2015 to June 2016 by the Members without prior submission of same tothe CAPEXCOM for the reasons specified above as the General Committee will be unable to deliver on it’s mandate to the members without such approval. The CAPEXCOM

6

will be at liberty to appraise the implementation of the said budget within the ambit of the 3-5 year development plan in February 2016.

9.2. The Trustee Mr Alaba Okupe whilst in agreement advised that provision be made to ensure that CAPEXCOM will be in a position to appraise the implementation of the budget within the ambit of the 3-5 year development plan when it reports in February 2016

9.3 After several comments by members, the Capital Budget for July 2015 - June 2016 was unanimously approved by members for implementation with a proviso that the CAPEXCOM will appraise the implementation of the Budget items within the ambit of the 3 – 5 Year development plan when it reports in February 2016.

Adoption

Dr. Martin Ikpehai (I.1044) moved the motion for adoption of the July 2015 to June 2016 Capital Budget and Recurrent Budget as presented and was seconded by Engr. Kayode Anibaba (A.1583).

Voting

Those in Favour - 24Those Against - NilAbstention - 1

10.0 Proposal - New Levy on Ordinary Members

The Honorary Secretary announced that there is a proposal before the House for consideration and thereafter called on the proposer to formally present his proposal.

The Proposer Mr. F. Ola-Azeez (O.1651) presented the proposal.

A proposal for N1,000.00 (One Thousand Naira only) Levy on ordinary members of the club with effect from 1st January, 2016 for the upgrade/provision of modern books in the library.

We have observed that the equipment/books have become outdated for both the adult and children members of the club.

We the undersigned hereby pray, that the house should approve a levy of N1,000.00 (One Thousand Naira) one off as mentioned above for the upgrade of equipment and provision of books in the library.

We look forward to your favourable consideration and kind approval.

Yours faithfully,

………………………………….. ……………………………Ola-Azeez .F. Membership O.1651 Anthony Owolabi O.2452Proposer Seconder

7

After several comments made by members the issue was then put to vote.

Voting

Those in Favour - 2Those Against - 15Abstention - 5

The Proposal was defeated.

11.0 Any Other Business

11.1 It was suggested that the General Committee should appoint some officials to assistthe Trustees during the conduct of elections.

11.2 This was however noted.

12.0 Closing

12.1 There being no further discussion the Chairman declared the meeting closed at 10.54pm.

_____________________________ _______________________Major General M. A. Balogun (Rtd.) Olatokunbo Ogundipe Esq.Chairman Honorary Secretary

SECTION A

GENERAL COMMITTEE’S REPORT

The TrusteesGeneral Committee MembersPast ChairmenHonorary and Life MembersDistinguished fellow Members of Ikoyi Club 1938

On behalf of the General Committee I welcome you all to 2016 February General Meeting of our Club. I sincerely want to use this opportunity to thank you all for giving me and my team the mandate to serve you in the positions of leadership of the club. This General Committee has been at the helm of

8

affairs of the club for the past Twelve months and as is statutorily required in the Club’s rules I render our stewardship for running the affairs of the club on behalf of the General Committee.

When we took over office in February 2015, we were very eager to get started on our programs for the Club. However on assumption of office we were confronted with the issues of paucity of funds arising from the depletion of the Capital funds of the Club on the Car Park Project and also the fact that most of the repairs and projects we wanted to embark upon were not within the Budget.

At the August Half- Year AGM we took the proactive step of presenting our budget to you for approval without same having gone through the Audit Committee in view of the fact that the CAPEX Committee was yet to commence it’s activities. We were under the impression that the budget as presented was approved by you all for implementation without any reservation save that the CAPEX Committee would take cognizance of the projects so far implemented in fulfillment of its mandate in preparing a 3 – 5 year Development Plan. We were however corrected that the approval given was that our budget was still subject to approval by the Capital Expenditure (CAPEX) Committee. We therefore had to present the budget to the CAPEX Committee which to our dismay sat as body to slash down certain inputs in the budget. We had to again approach the Committee to defend the provisions in the Budget which if you recall had been passed at the various Sectional levels. You will therefore appreciate our frustrations in being taken through this tortuous process which lasted up till about November 2015. Your Committee was therefore unable to embark on any meaningful capital project during the period under review.

Your Committee as stated above would therefore restrict itself to its achievements in the areas of membership, staffing, projects and also activities in the various sections in the Club and matters bordering on discipline. We shall also intimate you, about what we intend to accomplish going forward, all stake-holders now having properly understood the roles, functions and duties of CAPEXCOM Committee

The Financial Report will be treated in the Report of the Honorary Treasurer.

I would like to mention that the club lost some members during the past six months, Dr. Adebisi Olatunji Senbanjo, Dr, Jeremiah Jose Grange, Mrs. Ese Titiloye (Nee Majoroh), Mr. Mike Enahoro, Mrs. Oyeka, Ambassador Michael Amobi, Engr. Victor Adetunji Haffner, Chief Benjamin Ibegbunam Olinmah and Deaconness (Mrs.) Modupe Ademide Ladipo.

I will therefore crave your indulgence and request that we rise for a minute’s silence for the repose of the souls of these departed members.

PERSONNEL

Recruitment of Top Management Staff for the Club.

The General Committee is pleased to inform you all that we have now finalised the employment of a competent Management Team comprising the General Manager, Operations Manager and Facilities Manager as follows:

MR BABATUNDE ORUNGBEJA – GENERAL MANAGER.MR AYOBAMI ADEYINKA – OPERATIONS MANAGER.MR MUJIB OJEIFO – FACILITIES MANAGER.

Mr Babatunde Orungbeja is a graduate of Lagos State University with a Bachelor of Arts Degree in English and a Post-Graduate Degree in Communications and Language Arts from University of Ibadan.

9

He is currently running a PhD programme in Hotel Marketing Communications from the University of South Africa, Pretoria. He has in the course of his career attended both Management and Professional Courses locally and abroad.

Prior to his appointment, Mr. Orungbeja was the Consultant (Executive Director of Operations) to the Eko Tourist Beach Resort, Akodo. He had also worked with Four Points by Sheraton Lagos (Deputy to the General Manager) and Sheraton Lagos Hotel & Towers, (Director of Six Sigma and Operational Innovation).

The General Manager is expected to bring to bear his over two decades wealth of experience in the attainment of the vision of the General Committee to transform the Club into a FIVE (5) STAR destination facility. He is happily married with children.

The Operations Manager Mr. Ayobami Adeyinka is a graduate of Lagos State Polytechnic with an upper credit, (HND) in Hospitality Management. He is a Master Certified Food Service Professional, and also a Certified Professional Food Manager from the State University, New York. A member of Global Foodservice, before joining Ikoyi Club 1938, Mr. Adeyinka had plied his trade with the likes of UACN, UAC, Food Services Limited, Macbite, Kingstine Jo Nigeria Limited and KFC at different supervisory and managerial capacities. He is married with children and is expected to contribute significantly to the development and growth of the Club in the years ahead.

The Facility Manager, Mr. Mujib E. Ojeifo, a graduate of Mechanical Engineering from University of Lagos He holds an MSC from Heriot-Watt University, UK, in Facilities Management. He is a member of the British Institute of Facilities Management and a Member of the International Facility Management Association, IFMA.

His forte in Facility Management traverses various operational levels that include, Asset Management, Performance Management, Relationship Management, HSE Compliance, Bids Management and a whole lot of others. Before joining Ikoyi Club 1938, he was at some point with Vale FMC Limited Abuja, Filmo Facilities Management Limited, H. Pierson Associates Limited, Spotless Sparkle Limited, Reliance Facilities Management Dubai, and Dot-Help Facilities Services.

Mr. Ojeifo will be bringing on board a decade of a hands-on-experience in adding value to the monumental legacy of Ikoyi Club 1938.

Man Power Audit.

On assumption of office we met a work force of approximately 400 staff both permanent and casual which we considered too bloated. We therefore felt the need to carry out a comprehensive Man Power Audit of the staff to enable us take an appropriate decision.

The General Committee therefore retained the services of FITC Consulting to carry out this brief, the essence of which will assist the Club to determine the ideal number of staff required, their detailed job descriptions, skill level and competencies. This is aimed at assisting the Club to reduce her operating expenses and to operate with the optimal level of staff.

The Man Power Audit which is presently on-going is expected to be completed in a few days time although the implementation will be done over a 6 – 9 month period. We strongly believe that these

10

steps will bring about the desired changes in the productivity and effectiveness of the work force which would have a positive impact on the bottom line.

Staff Handbook – (Condition of Service)

We are also pleased to inform you that the New Junior and Senior Staff Handbooks (Condition of Service) have been completed. The Junior Staff Union have signed the Junior Staff Handbook which is presently being implemented whilst we are awaiting the execution of the Senior Staff Handbook by the senior staff.

Staff Training

At the August Half- year Annual General Meeting we had informed you that the Staff underwent various training programmes during the period with the objective of building performance capacity in the Club as more training is being scheduled in the next quarter. The continued training of staff is very key to the improvement of service delivery and overall improvement of work attitude amongst the staff and we have made provision in the budget which is being presented to you for approval. The investment by the Club in continued training and re-training of the staff cannot be over-emphasized.

Salary Review

The review of staff salary is an on-going process and your General Committee has met with the Staff Unions to discuss all financial matters with the staff, salary review being one of the issues to be discussed. For now we are not looking at any salary review until the completion of the implementation of the recommendations of the Consultants on Man Power Audit.

Staff Appraisal

This is to ensure the appraisal process is objective and facilitates the identification of performers who are rewarded appropriately.

Staff Uniform

The club has continued to provide new uniforms to the staff as at when necessary. We are indeed in the process of ordering fresh set of uniforms for the staff to ensure that the staff is properly and neatly dressed at all times as no scruffy and untidy dressing will be permitted.

MEMBERSHIP AS AT 31 ST DECEMBER 2015.

ORDINARY 5,875SPOUSE 4,802JUNIOR MEMBER 9,558HONORARY 42LIFE MEMBER 1,196GREEN CARD HOLDER 430

SUBSCRIPTION & FEES

In the period just concluded a total sum of =N=318,598,000 was realized as subscription & fees as against =N=331,548,000 for July to December 2015.

11

Your Committee realizes that in view of the present economic realities there is likely to be a drop in subscription income this year hence efforts must be put in place to shore up the clubs revenue income by coming up with alternative means of raising operational revenue in the club. This may involve the sections seeking sponsorship funds for their capital projects as well as sporting events. They may also need to raise funds through levies and increase in subscriptions.

The General Committee will continue to encourage all Members to fulfill their financial obligations as at when due to maintain the high standard of our club.

PROJECTS

Multi-Storey Car Park Complex

We are pleased to inform you that the restaurant in the car park complex has now been let out to Mattar International Ltd (operators of Double 44) for a term of FIVE (5) YEARS at an annual rent of N 10.0 Million for the first THREE (3) YEARS after which the rent will be subject to a review.

Your Committee will like to stress the importance of members compliance with the Rules and Regulations for the use of the Club which will be presented for adoption at this meeting. We have mandated management upon the approval of these Rules to ensure that these Rules are pasted on conspicuous locations in the car park. We have noticed an increase in the incidence of over-night parking beyond one day in the car park in recent times. This should be discouraged in view of the attendant security risks associated therewith.

It is hoped that the proposed Access Control System for all vehicles coming into the Club premises at the Golf and Main entrances of the Club such that only financial members will be able to park within the Club premises and make use of the Car park will be implemented in this period..

In addition a comprehensive digital wireless CCTV System for the Multi-Storey Car Park to enhance security at the Car Park and the entire club premises is being proposed in the current budget for your approval.

The bids for placement of adverts in the Club have now closed and we are currently processing the bids to select the winning bids.

Main House Makeover

At the commencement of this Committee, we went round the Club to assess the state of the premises. We were shocked at the state of disrepairs in which we met the premises. We have now identified and made provisions in the budget for all the works which need to be done on the maintenance and upgrade.

Children’s Playground

Guaranty Trust Bank has indicated interest to renovate the Children’s playground and equip it with modern play equipment. The Contract for this arrangement has been commissioned and we are waiting for the Bank to mobilize her contractor to site. The project is expected to be completed in two (2) months.

12

Library Renovation

Your Committee was appalled that in this ICT age the library is still running a manual system of keeping its records and data. Books are being lent out using outdated methods of entry of records on cards. A situation where the librarian has no real time information as to the books in the library at any point in time is most undesirable. We recognize that the ultimate objective will be to have an E-Library but as a first step your Committee will like your approval to set up an Electronic Data System for the Library.

INFORMATION, COMMUNICATION AND TECHNOLOGY

CLUB WIDE CAMPUS WIFI INTERNET ACCESS

In order to enhance the membership experience, the General Committee is pleased to inform you that we have executed an Agreement with IpNX for the deployment of a club-wide WIFI internet access for members on the basis of a barter arrangement in exchange for advert opportunities in the Club. The deployment, save for the loss of revenue on the advert boards has been at no cost to the Club. The initial term of the contract is FIVE (5) YEARS in the first instance.

The civil works have commenced and it is expected that the system will go live any moment from now.

FILING OF RESOLUTIONS AT CORPORATE AFFAIRS COMMISSION

Filing of the 2015 Rules is yet to be concluded by the Club’s lawyers but with the proposed holistic amendment of the Rules the need for annual filing of amendments to the Rules will be a thing of the past.

D-TRACK ENTERPRISE SOFTWARE

The re-implementation of the software couldn’t begun because of the reconciliation issues in the accounts which were yet to be sorted out. The Auditors and the Software Provider have now agreed to use the agreed balances as at 31st December 2015 as a starting point for the re-implementation. Proper training of the staff on the use of the software will be carried out by the software developer.

Your Committee has mandated management to ensure that this is completed before the end of March and any staff that is unable to use the system after the training will be flushed out.

PUBLICATIONS

Your Publications Sub-Committee has continued to carry out it’s functions as the second edition of the Ikoyi Club 1938 Newsletter is presently in circulation.

The second edition of Harmony Magazine is scheduled to come out towards the end of March 2016.The sub-committee requires the assistance of members in the area of contribution of articles and sponsorship by way of advert placements in the publications to defray the printing costs. The circulation of the publications is a wide enough platform for many Companies to showcase their products. We really appreciate the support the sub-committee has received so far.

ENTERTAINMENT

ILEYA DANCE 2015

13

The Ileya Dance was held in the month of November 2015, and on the bandstand was Dr. Adewale Ayuba and his Bonsue Fuji Band.

YINKA AYEFELE NITEThe annual Yinka Ayefele Nite could not hold in the course of the year due to the sudden withdrawal of the major Sponsor, RT. Briscoe. However, the event was replaced by the Club with the regular monthly Pub-Nite. Both events in the Club witnessed great turnout by Club Members and invited guests.

2O15 END OF THE YEAR EVENTS

The end of the year celebration is always a fascinating experience as usual at Ikoyi Club 1938 and 2015 was not an exception. The event started with the switching on of the Christmas light by the Club’s Chairman, supported by the General Committee on Monday December 1, 2015 at the Club’s Lawn to usher in the season of celebration. This was followed with a cocktail at the patio Terrace.

On Friday, December 11, 2015, the Club played host to the Juju Maestro, King Sunny Ade and his African beats. It was the 2015 edition of the yearly International Night which saw members and friends of the club from all walks of life in attendance. The event truly lived up to its billing in all ramifications. No doubt, members had an exciting moment. The event was anchored by our own very hilarious and enigmatic Master of Ceremony in the person of Kunle Bamtefa.

The Christmas Children and Youth Party was held on December 19, 2015, on the Club’s Lawn and the Badminton Section respectively. The star Artist for the occasion was the popular “Jagbajantis exponent”, Sound Sultan. There were lots of fun-filled activities and events that kept the children and teenagers engaged all through the day. The children and the Teenagers had a very good share of the spirit of giving as they all went home with one souvenir or the other courtesy of the Club in celebrating the Yuletide.

The Christmas Carol and 9 Lessons was staged on Sunday, December 20, 2015. The guest choir was from the All Souls Anglican Church in Ilupeju, Lagos. Members turned out for the event in an appreciable manner.

On Thursday December 24, 2015, the last edition of the monthly Pub Nite was held in the Main Bar of the Club. The event witnessed a massive turnout by members of the Club and their friends. It was an evening of good music and merry-making with lot to eat and drink courtesy of the Entertainment Sub-Committee. The in-house DJ supplied the music for the Night.

The monthly Film Show for the Children and the last for the year was held on December 26, 2015, on the Club’s lawn.

On Saturday, January 2, 2016, the Club hosted the Elders as part of the Christmas activities for the year. Music was provided by a musical group known as Topline Band. It was well attended by the elders in the Club. It was an evening of great merriment as the elders partied all through the day with lots to drink and eat.

The activities of the Yuletide season in the Club came to a climax on Monday January 4, 2016, with the switching off of Christmas light which was performed by the Vice Chairman of the Club with members of the General Committee in attendance and other Club members.

14

OTHER ENTERTAINMENT EVENT

The Entertainment Sub-Committee in 2015, ensured that all activities mapped out for the Main House and those directly under the Committee’s purview were executed as and when due. The Committee is using this medium to thank the General Committee and members of the Club for their support and encouragement during the life of the Committee and wish to reiterate that the ESC will continue to delight members as much as it can in advancing the entertainment platform of Ikoyi Club 1938. We however implore Members not to relent in supporting the Committee in whatever manner by way of constructive advice, donation in cash and kind for the various entertainment activities and above all, participating fully in events of the Club.

PREMISES

1. Generator House, Main Panel Room, Generator Installation & Fuelling System At Tennis EndWork has been completed; remaining final clearing of site now being carried out. The core facilities since installed have been in use for several months back whilst the civil work was being progressed.

2. Sewage Treatment PlantsThis project is near completion and work is being accelerated towards handing over by the end of February 2016.

3. UPS/Voltage Regulation For Two Lifts In The Multi-Storey Car ParkHigh capacity, multi-functional UPS/AVR system was installed for the two lifts and operation of these vital facilities has been stabilized.

4. Patio BarPatio Bar function was fully restored, following completion of the new car park, with renovation and re-opening of the patio bar proper.

5. Elevated Walkway To Other Sports SectionRestoration of the walkway is near completion.

6. Roof and Surrounding Underground Drainage of the Other SportsThis work was completed early February 2016 and should bring huge relief from perennial flooding problem around the section and adjoining areas.

7. Restoration and Upgrading of Cold RoomsThe containerized cold room permanently installed outside has been upgraded with an additional functional standby external compressor/condenser unit. The smaller cold room which was kept outside unused for a long time has been installed inside the main kitchen and now functional.

8. Internal/External Drain Rehabilitation and Re-GradingInternal drain connection to the external drain along Club Road was completed. The drains were graded within available physical limits and reconstructed to also flow into the new major drain along Mobolaji Johnson Avenue.

9. Parquet (Wooden) Flooring In The Main House

15

Emergency repair work was carried out to mend disintegrating flooring elements. Final and permanent repair/renovation and finishing work awaits finalization of tendering considerations and approvals.

10. Painting of External Surfaces of Sections, Common Areas and Main House Corridors Extensive painting work is on-going and expected to be completed before the end of February 2016.

11. Main House Generators New Diesel Tank Installation and Extension of Concrete Base These works were completed mid-January 2016.

12. Renovation of Main Bar Pantry This work was completed late January 2016.

13. Proposed Major and Beneficial WorksFurther extensive and major works to enhance members’ experience and comfort as well as significantly upgrade the Club have been proposed for the 2016 budget year.

BAR

Tour/Visit To Bars & Stores

On assumption of duty the Sub-Committee had tour/visit to all the Bars to assess the service quality level in order to bring sanity to bear on all the bars. We also made sure that sales are remitted daily unlike before now. The issue of cash shortages in the bars which have been endemic has been reduced to the barest minimum.

The Sub-Committee had introduced constant checking of the bars by appointed Checkers before 10am each morning. This is to guide against the fraud that was earlier discovered in the bars.

Improvement in Stock Level

There is an improvement in stock level unlike before now. Different quality drinks at affordable prices have been introduced to the Club from various registered companies.

Elimination Of Fake Drinks

Fake drinks have been eradicated to some extent in all the bars. We have to put some checking in place in conjunction with the stores for us to arrive at this point. This is being made to ensure that the issue of fake drinks is completely eradicated in the bars. There is great improvement in variety of drinks for Members’ choice. Debtor members in all the bars have also been greatly reduced.

Training ProgrammeBarmen/Waiters and Waitress training for effective performance have just been concluded.

Hygienic Condition In The BarsPresently, there was lots of improvement in hygienic condition in all the bars unlike before now.

Bar Decor – Main Bar / Cad’s Bar

16

Bar Sub-Committee decided and agreed that the above mentioned bar shelves should be decorated with Mirrors for transparency of products to members.

Cocktails

The Bar sub-committee had agreed to introduce various cocktails to take care of the club members’ quest for different cocktails.

Purchase – Items

For effective performance, growth and delivery of products to the club members, the Sub-Committee intend to acquire the following under-listed items as soon as possible. They are:

1No. New Chiller for White Beers 1No. Industrial Ice-Making Machine for the Main Bar Electronics Cash Register Machine 20Nos. 250KV Stablizer for the sections. 6Nos. Mini Ice-block Making machine for busy bars 30Nos. Tongs picking Ice Cube 15Nos. Ice Parkers 1No. HP LaserJet Printer for the Bar Officer Enough Wine, Whisky & Brandy Glasses in the bars.

CATERING REPORT

The past few months of our tenure, we have focused on restructuring the kitchen with the aim of improving revenue generation and optimized efficiency of the work force.

The contracted kitchens from other sections of the club were closely monitored to ensure proper integration with the passion of the committee. They were trained on basic food safety and hazard crisis management.

As part of our repositioning exercise, the entire kitchen and equipment have been cleaned by one of the competent professional cleaners in Lagos.

Following the continuous increase in the cost of inventories, we reviewed the price of Ala carte with the General committee’s approval to streamline the cost of sales.

We are working at sourcing for other major players in the food industry to substitute the existing vendors with the aim of reducing our cost.

The kitchen contributed 25% of the total margin for the club food and beverage from two cost centers, swimming and the main house kitchen.

The planned kitchen equipment procurement process has just been closed up, we are working round the clock to ensure that they are delivered by the end of this quarter.

KEY STRENGTH.

Improved product quality. Enhanced productivity. (The kitchen manpower is 21 with 25% as casuals).

17

Marginal growth of N2.5m. Control and alignment of food vendors. Staff party catering.

OPPORTUNITIES.

Procurement of new kitchen equipment. Club events participation with a proposal of 60% for kitchen and 40% for external vendors. Introduction of new coffee machine for early club users.

SECURITY

Your Committee has during the period under review made individual and collective effort/efforts to address the under listed challenges that bordered on the security of Ikoyi Club 1938.

BACKGROUND:

The following issues have been identified as requiring urgent attention: -

1. Non-functional CCTV System2. Shortage of Security Personnel3. Negative disposition of staff to displaying identification cards4. Issuance of uniforms and identification cards for vendors5. Inadequate lighting on the premises6. Staff not restricted to dedicated staff entrances7. Suppliers access the Club premises without proper inspection8. Untrained security personnel9. Insufficient Security and Safety equipment10. Scrapping of checkers at entrances11. Fully functional Access Control system.

It is worthy to note that some of the issues listed above are currently being addressed by the management of the Club.

Some of recommendations being implemented include:- Staff and Vendors without clearly displayed ID cards are denied entry into the Club premises.- Spontaneous spot-checks are conducted by members of the Sub-Committee with the Club CSO

in attendance.- Repairing lights in some dark spots around the Golf caddy room.

It is evident that the upsurge in criminal activities in Nigeria is such that security has become everybody’s business, especially as terrorism has become a major threat to personal safety. Improvised Electronic Devices (IEDs) has frequently been used to cause mayhem and fear to the populace. Given that terrorists like to be sensational and therefore seek high profile targets to gain the necessary attention, Ikoyi Club 1938 must be viewed as a potential target due to its profile and the quality of its membership.

The following have also been addressed:-

- Lighting- Wearing of identification cards by both staff and vendors- Effective checks

18

- Effective control at the caddies shade- Staff using dedicated entrance- Checks made on people walking around the Club using mechanism of stop and check.- Periodic raids.

RECOMMENDATIONS:

Against these backgrounds, the following recommendations are hereby presented to the Members for consideration:

1. Immediate provision of Security equipment such as:-a) Metal and explosive detectorsb) Walk through metal detector (long term)

2. Improved access control mechanisma) Members should be discouraged from using Golf bag space as entry and exit point at Golf

sectionb) The Biometric system should be encouraged.c) Security personnel to improve on their checks on suppliers’ cars, bags, vendors, staff and

visitor cars.

3. Increased manpower and adequate training should be provided to better prepare the security team.

4. Deployment of an integrated CCTV system.

5. Management to review the number of vendors operating within the Club as the current number appears over bloated and this is unduly stretching facilities.

6. Security Sub-Committee to organize security forum for Club members and security personnel.

CONCLUSION:

The Security Sub-Committee continues to meet in order to discharge its duties and proffer solutions to the many security challenges faced by the Club.

FINANCE

During the period under review, the Club recorded a deficit from Operations Account of N 11,070,000.00. The Capital Account had a surplus of N 121,845,000.00 resulting in a Net Surplus position of N 110,775,000.00. However when the loss on the shares amounting to N 135, 215,000.00 is provided for, the capital on surplus is reduced to a deficit of N 13,370,000.00 while the consolidated is a deficit of N 24,440,000.00 for the period. Your General Committee feels strongly that a decision needs to be taken as to how the club’s funds are invested as the decision by the Investment Committee to hold on to the shares at a time when it would have been advisable to sell off the shares is what has crystallized in this colossal loss.

DISCIPLINE

19

The Disciplinary Sub-Committee has continued to meet and their reports on cases are being considered and appropriate action taken.

LITIGATIONS

1. LD/439/12: MR. OBINNA DURU & ANOR v. INCORPORATED TRUSTEES OF IKOYI CLUB 1938.

CLAIM AGAINST IKOYI CLUB 1938: SEEKING TO SET ASIDE THE SUSPENSION AND BAN FROM HOLDING ANY OFFICE IN IKOYI CLUB 1938.

The matter was transferred to a Trial Judge, Hon. Justice Oshodi of High Court of Lagos State, Court No. 19, TBS, Lagos for continuation of trial.

The case had been fixed for trial on the 31st March, 2016.

NO FINANCIAL CLAIMS AGAINST IKOYI CLUB

2. FHC/L/CS/1541/11: MR. OLUSEYI ADEMOLA BADMOS & ANOR v. INCORPORATED TRUSTEES OF IKOYI CLUB 1938

CLAIM AGAINST IKOYI CLUB 1938:

1. SETTING ASIDE THE SUSPENSION AND EXPULSION AS MEMBER OF IKOYI CLUB 1938. 2. THE SUM OF N5,000,000.00 (FIVE MILLION NAIRA ONLY) PER PLAINTIFF AS GENERAL

DAMAGESThe above matter was pending before Justice Aneke of the Federal High Court No. 11, Ikoyi, Lagos.

On the 4th November 2014, the Court ruled in favour of the Defendant (Ikoyi Club 1938), that it had no jurisdiction over the matter and therefore transferred it to the Lagos State High Court.

The case had not been assigned to any Judge at the Lagos State High Court.

FINANCIAL CLAIM AGAINST IKOYI CLUB: N10,000,000.00 (TEN MILLION NAIRA ONLY

3. CA/L/327M/12: MR. RICHARD L. KRAMER & ORS v. PRINCE MONDI AIGBEDON

CLAIMS AGAINST IKOYI CLUB:

AN ORDER OF CERTIORARI to remove for the purposes of its being quashed the report of the investigative panel of the Respondents produced in August, 2008 finding the Applicant liable for expulsion based on the allegations of a crime and the decision of the Respondents herein expelling the Applicant from Ikoyi Club 1938 contained in the Respondents’ letter dated 9 th February 2009 based on the aforesaid report.

GRANTED IN THE HIGH COURT

IKOYI CLUB APPEALED

20

Notice of Appeal has been filed.

The Record of Appeal has been compiled at the High Court Lagos State Appeal Section and forwarded to Court of Appeal.

The matter came up on the 7th of May, 2013, and the Appellant’s Motion for Enlargement of Time to compile and transmit Record of Appeal was granted.

The Appellant’s brief is being prepared for filing.

No date was set for adjournment. Parties will be served Hearing Notices.


4. FHC/L/CS/170/13: MRS. IFEYINWA PAMELA ONUKWUBA v. MR. R. L. KRAMER & ORS


1. BY THE PROVISION OF S. 598 AND 600 OF THE CAMA 2004, THE CONSTITUTION OF IKOYI CLUB 1938 MADE IN YEAR 2010 IS NULL AND VOID AND OF NO EFFECT WHATSOEVER HAVING NOT BEEN APPROVED AND REGISTERED BY CAC AS REQUIRED BY LAW;

2. SHE REMAINS A BONA FIDE CHAIRMAN OF OTHER SPORTS SECTION OF IKOYI CLUB 1938.

The above matter is pending before Justice Shagari of the Federal High Court No. 10, Ikoyi, Lagos.

It was adjourned to 14th January 2016 for hearingof pending applications.


5. FHC/L/CS/611/13: AKIN ADESOKAN v. THE INCORPORATED TRUSTEES OF IKOYI CLUB 1938


1. SETTING ASIDE ALLEGED WRONGFUL/ILLEGAL SUSPENSION AS A MEMBER OF THE CLUB. 2. THE SUM OF N50,000,000.00 (FIFTY MILLION NAIRA ONLY) AS DAMAGES.

The above matter was pending before Justice Abang of the Federal High Court No. 7, Ikoyi, Lagos.

On the 7th October 2014; when the matter came up for hearing, the Court did not sit being a public holiday.

The Court adjourned to 23rd January 2015 for hearing.

On the 23rd January 2015, the Court did not sit because judiciary was on nation-wide strike.

21

The matter was adjourned to 23rd March 2015.

On the 23rd March 2015, the matter was fixed for trial and hearing of the Defendant’s Preliminary Objection.

The case was set down for trial.

Plaintiff’s Counsel was not ready for trial because the witness (Mr. Adesokan) could not make it to the Court.

Defendant’s Counsel objected to that application because, they were prepared for trial.

Defendant’s application was refused and case adjourned to 25th May 2015 for trial and hearing of Preliminary Objection.

On the 25th May 2015, the matter was fixed for trial and hearing of Preliminary Objection.

The Defendant’s Counsel applied for adjournment because the Counsel handling this matter was ill and could not attend Court, and all other Counsel in the Chambers are already committed to other matters in various Courts.

The Court adjourned to 23rd September 2015 for trial and hearing of the Defendant’s Preliminary Objection.

On the 23rd of September 2015, the matter was fixed for trial and hearing of the Defendant’s Preliminary Objection.

The case could not proceed, because the Plaintiff’s Counsel applied for adjournment on the ground of ill health of the only witness who was on admission in a London Hospital.

The matter was adjourned to 20th January 2016 for trial.

On 20th January 2016, the new judge assigned to the Court, Kuewunmi J, adjourned the matter to 16th March 2016 for report of settlement /trial.

FINANCIAL CLAIM AGAINST IKOYI CLUB: N50,000,000.00(FIFTY MILLION NAIRA ONLY)

6. CA/L/742M/13: DR. OLUFEMI ONANUGA v. THE INCORPORATED TRUSTEES OF IKOYI CLUB 1938


1. BY THE PROVISION OF S. 681 AND 683 OF THE CAMA 1990, THE CONSTITUTIONS OF IKOYI CLUB 1938 MADE IN YEAR 2009 AND 2010 ARE NULL AND VOID AND OF NO EFFECT WHATSOEVER HAVING NOT BEEN APPROVED AND REGISTERED BY THE CORPORATE AFFAIRS COMMISSION.

2. REMAINS A BONA FIDE MEMBER OF IKOYI CLUB 1938 AND IS ENTITLED TO FULL MEMBERSHIP RIGHTS.

3. N10,000,000.00 (TEN MILLION NAIRA ONLY) AS GENERAL DAMAGES.

22

DATE OF JUDGMENT: 22ND JANUARY 2013.

CASE DISMISSED

Ikoyi Club 1938 instructed us, by letter dated 1st February 2013 to handle the Settlement of Records and the Appeal itself.

Notice of Appeal was filed by the Plaintiff who was dissatisfied with the Judgment of Hon. Justice Buba of the Federal high Court, Ikoyi, Lagos.

We have filed Respondent Notice of Address for Service on behalf of the Defendant (Ikoyi Club 1938).

We have also filed a Motion to dismiss the Appeal for want of diligent prosecution on the 11 th of March 2015 at the Court of Appeal.

No date has been given.

FINANCIAL CLAIM AGAINST IKOYI CLUB: N10,000,000.00 (TEN MILLION NAIRA ONLY)

7. CA/L/340/14: REGISTERED TRUSTEES OF IKOYI CLUB v. MR. ROTIMI AJOBA

CLAIM AGAINST IKOYI CLUB 1938: N7,819,601.79 AS REDUNDANCY BENEFIT AND INTEREST ON THE SAID SUM AT THE RATE OF 21% PER ANNUM FROM 1ST OF DECEMBER 2009 UNTIL JUDGMENT.

DATE OF JUDGMENT: 10TH FEBRUARY 2014.

AMOUNT AWARDED: N7,769,369.79

NO INTEREST AWARDED

Notice of Appeal and Motion for Stay of Execution had been filed.

The Record of Appeal had been compiled at the National Industrial Court Appeal Section and forwarded to the Court of Appeal.


FINANCIAL CLAIM AGAINST IKOYI CLUB: N7,769,369.79

8. CA/L/341/14: REGISTERED TRUSTEES OF IKOYI CLUB v. MR. MATHEW IDEHEN

CLAIM AGAINST IKOYI CLUB 1938: N27,524,244.65 AS REDUNDANCY BENEFIT AND INTEREST ON THE SAID SUM AT THE RATE OF 21% PER ANNUM FROM 1ST OF DECEMBER 2009 UNTIL JUDGMENT.DATE OF JUDGMENT: 10TH FEBRUARY 2014.


NO INTEREST AWARDED

23





9. CA/L/404/14: REGISTERED TRUSTEES OF IKOYI CLUB v. MR. TAIWO AYODEJI


DATE OF JUDGMENT: 21ST MARCH 2014.


NO INTEREST AWARDED





10. CA/L/405/14: REGISTERED TRUSTEES OF IKOYI CLUB v. MR. TIMOTHY IKUJUNI




NO INTEREST AWARDED




24


11. CA/L/406/14: REGISTERED TRUSTEES OF IKOYI CLUB v. MRS. MERCY OBOT




NO INTEREST AWARDED


The Record of Appeal has been compiled at the National Industrial Court Appeal Section and forwarded to the Court of Appeal.

The matter came up on the 3rd of June 2015 for hearing.

Ikoyi Club was not represented by Counsel because we were not served with hearing notice by the Court of Appeal in this matter.

The case was adjourned to 22nd September 2015 for hearing.On the 22nd September 2015, the matter was fixed for hearing.

The Court did not sit.

The matter was adjourned to 26th of April 2016 for hearing.


12. CA/L/407/14: REGISTERED TRUSTEES OF IKOYI CLUB v. MR. ANTHONY NKEZE




NO INTEREST AWARDED




25


13. CA/L/ /15: REGISTERED TRUSTEES OF IKOYI CLUB v. MR. BABALOLA DARAMOLA


DATE OF JUDGMENT: 19TH JUNE 2015.


NO INTEREST AWARDED





14. MRK/CC/602/2015: ETI-OSA LOCAL GOVENRMENT –IKOYI/OBALENDE LCDA v. IKOYI CLUB 1938

CLAIM AGAINST IKOYI CLUB 1938: N1,040,000.00 AS MERRIMENT AND ENTERTAINMENT TAX

Ikoyi Club 1938, by summons from Lagos State Customary Court, Maroko, Victoria Island, Lagos in which Eti-Osa Local Government – Ikoyi/Obalende LCDA, was sued for alleged failure to obtain entertainment and merriment license permit for the year 2015.

We have prepared and filed processes in the Federal High Court, Lagos, to challenge this tax and stop this action.

FINANCIAL CLAIM AGAINST IKOYI CLUB: N1,040,000.00 per annum.

CONCLUSION

THE SUM OF THE CLAIMS AGAINST IKOYI CLUB ARISING FROM THE CASES AFORESAID IS N151, 144, 481.43 (ONE HUNDERED AND FIFTY ONE MILLION HUNDRED AND ONE HUNDRED AND FORTY FOUR THOUSAND FOUR HUNDRED AND EIGHTY ONE NAIRA FORTY THREE ONLY).

SUIT NO LD/3535/2014. GBENGA GBADESIRE V IKOYI CLUB 1938.

Judgment was delivered in the above Suit on 2nd December 2015 wherein the claims of Mr Gbenga Gbadesire against the Club were dismissed their entirety.

SUIT NO: LD/ADR/154/2014: SESSION-SYNDIKATED (Syndicated News Services) V. IKOYI CLUB 1938

We are pleased to inform you that the above matter was struck out by the Court on the 3 rd day of February 2016 pursuant to the Club’s Preliminary Objection to the competence of the Suit.

26

CONTINGENT LIABILITIES

The Club’s total contingent liability as at 31st December 2015 stands at N 161,144,481.00

CONCLUSION

In conclusion, Trustees, Past Chairmen, Honorary and Life Members, Ladies and Gentlemen we have given to you our report on our service for the past twelve months. The next six months are really going to be tough for the Club as the Club will not be unaffected by the poor economic climate arising from the drastic drop in oil prices. Subscription income is likely to be affected by the anticipated loss of jobs in the country. Consequently your Committee is of the opinion that this is a time when the Club will have to tighten it’s belt and concentrate on means of reducing operational expenses and improving on operational efficiencies and performance. An active effort needs to be made to come up with creative means of driving up operational revenues and placing more reliance on sponsorship for capital expenditure. In spite of all the anticipated challenges your Committee shall endeavour to ensure that the Club is prudently managed. Our commitment to serve you to the very best of our capacity and ability remains unwavering. On behalf of the General Committee I sincerely thank the Trustees, fellow General Committee members and the entire members of the Club for your support.

I also thank the management and staff for their support.

Once again thank you and have a good evening.

Long Live Ikoyi Club 1938Long Live Lagos StateLong Live Federal Republic of Nigeria

Major General M. A. Balogun (Rtd.)Chairman, Ikoyi Club 1938February 25, 2016

SECTION B

SECTIONAL REPORTS

GOLF

GOLF SECTION REPORT

ANNUAL GENERAL MEETING FEBRUARY24TH 2016

The Trustees Ikoyi Club 1938, Chairman, Ikoyi Club 1938; Office Bearers and members of the General Committee. Ikoyi Club 1938; members of the Executive Committee of the Golf Section; Past Captains and Chairmen of Sections; Distinguished Ladies and Gentlemen; Golfers All !

On behalf of the Executive Committee and our entire membership, I have the honour and privilege to welcome you to the Annual General meeting of the Golf Section Ikoyi Club 1938 and to present the report of activities of the section for the period January to December 2015

27

Before we commence the business of the day, I wish to formally advise that two more of our esteemed members, Mr. Michael Enahoro and Chief Olawale Samuel Kuyepassed on since our last meeting in August. We crave your indulgence to please rise and observe a minute of silence for our departed brethren.

May their souls rest in peace?

Chief Olawale Kuye, Past Captain, was a beloved active member of the club who contributed immensely to the development of the clubhouse and other facilities we enjoy till this day.

GOALS AND FOCUS

Your Executive Committee commenced the year with the overriding theme of “Uplifting the quality of the Membership experience “ within the framework of our current structural realities, while working on implementation of the section’s dated Medium term plans outlined in the “5- year Development Plan”.

The main thrust of the activities where thus focused on;

Maintaining the quality of the course and training facilities through the period while finetuning and preparing for the commencement of a long overdue upgrade of our course to modern international standards

Immediate facelift of the Club house environment and the upgrade /revamp of our club house facilities up to a standard commensurate with the expectations of our membership and benchmarked to quality establishments patronized by our members.

Ensuring we build up substantial patronage and membership participation in our pre and post golfing socials

A robust approach to the execution and delivery of our Sponsorship and Competitions offering to ensure we are able to attract and retain quality sponsors and partnerships in the face of competition from the new commercial oriented facilities in the country.

Upgrading the quality of our Golf development, membership handicaps and the caddies cadre by seamless integration of all the activities and initiatives in these areas in a manner that; addresses our merchandizing proposition as a members club of repute and our relationship with the vastly modernized world of international golf business, involving a symbiotic relationship with Golf equipment, apparel and Course equipment manufacturers; and the increasingly sophisticated Amateur and professional golf associations.

We thus asked to be held accountable for the following deliverables during the review period Improved playing turf, from tees, through the bunkers and greens Enhanced membership experience through the clubhouse to the Hole 1 Tee box Revamp of our clubhouse lounges and patrons areas Robust and engaging club house socials Improvements to our Golf Learning and Development framework and the Range offerings More Competitions and Golfing engagements Commencement of our New Course Development initiative

28

I will address the status of your committee’s work on these 7 deliverables in the latter part of this report.

LONG TERM PLANNING

Your committee kept faith with the section’s medium term planning mantra by essentially focusing on the mostly rolled over initiatives to sustain the quality of our facilities in anticipation of a major revamp initiative that had commenced during the tenor of the 2014/2015 leadership team. In this regard our annual rolling budgets during the period focused on revamp of our Clubhouse lounges and patrons areas, while emphasis on the course was in ensuring we maintained the capacity to sustain the quality of our playing surface through the greens.

FINANCE

The Treasurer will brief members on the detailed statement of the various accounts of the section attached herewith after this presentation. In advance of the Treasury report, I will again crave your indulgence to highlight some key elements of note as we did in our last report to you. As you might be aware, our accounts are prepared by a central resource at main house whose activities were considerably challenged during the review period. Your committee’s concern about the authenticity of the figures were strong enough for us to commission an accounting firm to review our last 3 years set of books with a view to reconciling our figures with the reports from the main house. Appropriations and reporting of our Capital account balances is the main contention in this regard.

Your committee’s experience during the period had underscored the need to review our finance model in the section with regards to Sponsorship, Capital projects and the sustenance and upgrade of our membership experience. We clearly need to be ahead of the curve by independently pursing the development of this capacity in our section with the hope that other sections will follow suit for the betterment of the entire club.

Despite our best efforts at robustly engaging our patrons and prospective sponsors with our revised competition and sponsorship model, which we had worked hard to develop with the assistance of our retained Sponsorship and Marketing resource, the challenging macro economic environment posed a serious hindrance too the achievement of our sponsorship goals

The continued limitations on the availment of capital funds posed by a combination of liquidity and funding management and the shear bureaucracy also limited the ability of your committee to implement the capital items in your budget.

THE COURSE

Sustaining the quality of our fairways and greens have been particularly challenging during the period, but the course officers (A. Enahoro, T. Fisher and D. Ehenemba) have inconjunction with the management, strived to enhance our course management and maintenance through the seasonal challenges. The desire for fast consistent greens is currently posing a serious challenge for the team as the quality of the turf on the greens has suffered from the pressure of the low cutting. We are currently taking remedial action to correct this.

Your Project officers (U. Udoh and A. Odumakinde) were able to adequately prepare us for the rains by clearing the drainage paths to facilitate the natural efficient draining of the course. They did

29

substantial work on our Hole 2 and 7 ponds to manage the back flow from the through drain by hole one green. They are currently in the process of tendering for completion of the works, which would include a more robust structure to manage the backflow, enhanced aeration of the entire pond and additional decorative features.

Julius Berger Plc. contributed immensely to our pre rains preparation by donating the additional concrete bridges over the drain paths on the course during the period. They also renovated the signature bridge over Hole 2 pond by way of donation to the club. We wish to express our sincere gratitude to the firm for this immense timely support.

The future focus of the Course and Greens team will be to address the enhancement of the turf through the year. Additional equipment will be procured while the maintenance team will be beefed up to ensure appropriate maintenance. The ongoing challenges with our irrigation system, currently made worse by our power challenges, will be addressed to ensure the course is in readiness for the dry season.

CLUB HOUSE AND ENTERTAINMENT

In line with our focus on the quality of Membership experience, the House team ( A. Savage, A. Akinola and Y. Johnson) had engaged in a spring-cleaning of the entire clubhouse pending the commencement of the upgrade of the internals of the clubhouse. The repainting of the entire house in fresh colours of White with Grey trimmings marked the commencement to temporarily uplift the Look and Feel while addressing some basic infrastructure and décor challenges in the lounges and patron’s areas.

The team has also focused on a detailed implementation of the recommendation of the Section’s HSE report initiated by our Ebola response committee at the tail end of last year in addition to ongoing upliftment of our shower and men’s locker room experience. We are in the process of resubmitting the Lady’s locker room project to the Tenders committee and hope to get an expedited response to help commence the works. Members were tolerant of the slight inconveniences and disruptions to the offerings in the lounge areas during the pendency of the various works carried out in the past couple of months.

MEMBERSHIP, HANDICAPS AND CADDIES

To adequately address the basic issues that primarily impact on the quality of member’s experience during engagement in golfing, we collapsed responsibility for membership issues including Handicaps, rules and interface with the Caddies under a team (Membership team-T. Halim and V. Ezinwa) who have focused on ensuring the formal intake of new golfers and issues related to standard of play are addressed on an ongoing basis.

They have cleaned up the membership Database of the section and are working on ensuring they obtain more information to enhance the communication channels for decimating useful information on a timely basis to our membership. Other strategic initiatives they are embarking on include active membership recruitment initiatives to ensure our ageing population does not become an issue in future for the section.

COMPETITIONS AND SPONSORSHIP

The offerings from the Competitions officers ( G. Akinyombo , T. Okwoju, G. Obaseki) has been limited by the twin challenges of the unstable and negative business environment facing the patrons

30

from the traditional target industries, and the weather conditions at this period of the year which dissuades experienced traditional sponsors from fixing events at this period of the year

The March, April,May, June and August Monthly Mugs were successfully hosted by your committee during the period. The details are outlined below

o March Monthly Mug on Saturday May 21, 2015

Division 1 A. O. Odiri 71 Net

Division 2 Olushola S. Akerele 68 Net

o April Monthly Mug on Saturday April 18, 2015 (Sponsored by Meristem Securities Ltd)

Division 1 B. A. Raji 70 Net

Division 2 Rajiv Gupta 67 Net

o May Monthly Mug on Saturday May 16, 2015(Sponsored by GTI Group)

Division 1 Agbabiaka Elias 72 Net

Division 2 Adenuga Oluwatoyin 72 Net

o June Monthly Mug on Saturday July 11 2015

Division 1 Sadarangani A. T. 74 Net

Division 2 Bassey Pat 68 Net

o August Monthly Mug on Saturday August 1 2015 (Sponsored by Total)

Division 1 Adediji B. 71 Net

Division 2 Giovanni, R. 72 Net

o September Monthly Mug on Saturday August 1 2015 (Sponsored by Total)

Division 1 Oremule Tunde 69 Net

Division 2 Ukpong Edo 70 Net

o October Monthly Mug on Saturday August 1 2015 (Sponsored by Total)



o November Monthly Mug on Saturday December 122015

Division 1 Pellicano Paul 69 Net

Division 2 Jacob Muyiwa 71 Net

o December Monthly Mug on Saturday January 16 2015



o January Monthly Mug on Saturday January 30 2016 (Sponsored by Sovereign Trust) 31

Division 1 Uwem UDoh 70 Net

Division 2 Mato Nalor 70 Net

Your section also participated in the following local Interclub Match plays with local Golf clubs during the reporting period.

o Ibadan Golf Club, Ibadan

o Port-Harcourt Club 1928 Golf Section, Port-Harcourt

o IBB Golf Club, Abuja

o Achimota Golf Club

o NUGA,(Nigerian-UK Golf Association)

Our appreciation goes to our members Efe Edwards, Amaechi Ndili, Charles Ngoka, Total Nigeria,

Uche Obilor, and Jite Okoloko for their generous logistics and security support as contributions

toward these interclub matches.

In addition to several scheduled kitty-Gato Kitty, Bridge Builders Kitty, Gorillas Kitty and the weekly Wednesday kitty; which have become Calendar fixtures in sections banquet of competitions; we also had a couple of member sponsored kitty during the period. These helped fill the gap arising from the drought of formal Sponsored Tournaments.

As one of the steps to implement the governance framework under the Section’s medium term development plan, your committee contracted the services of a Sponsorship and Marketing assist (A. Daniyan) to help professionalize and synchronize the gamut of sponsorship activities and adequately address the gaps from the yearly transitional nature of our current leadership framework. Despite the economic climate, the team was able to organize and successfully host several competitions since the last AGM report year as reflected in our competitions Calendar. Your team received approximately N62 million in sponsorship funds during the period ended January 2016

LADIES AND GOLF DEVELOPMENT

The ladies under the leadership of the Lady Captain (E. Anukwem) continued their weekly schedule of Mugs uninterrupted through the reporting period. The sub section also organized and hosted the Ladies Club Championship over a 2 day period which was keenly contested.

The Ladies leadership team also graciously organized this year’s 2-week intensive Children’s Developmental clinic during the period, on behalf of your club’s Golf Development team (E. Pinnick, N. Ngoka and E. Anukwem). The clinic has since moved to the next stage of weekly Saturday sessions with very robust and encouraging participation from our children.

CONCLUSION

The section’s activities are run by a retinue of 66 Club engaged personnel, 221 registered Cadies and Golf shop /Training personnel under the leadership of the Official club professional. We thank them all for their continued commitment and diligence despite the challenging work environment.

32

Your committee is highly appreciative of the unflinching support, passion and sense of ownership of our members, which is the fabric of the camaraderie, and convivial social network that drives the global Golf sport. Your continued participation in the governance of your section greatly enriches the quality of our membership experience.

I sincerely thank you all for taking time out to attend this year’s General meeting of the Golf section Ikoyi club 1938

TONY ONWUGolf Captain

TENNIS

IKOYI CLUB 1938TENNIS SECTIONANNUAL GENERAL MEETING OF FEBRUARY, 2016CHAIRMAN’S REPORT

The Trustees Ikoyi Club 1938, Chairman Ikoyi Club 1938, Office Bearers and members of the General Committee Ikoyi Club 1938; members of the Executive Committee of Tennis Section; past Chairmen and Chairmen of Sections. Distinguishes members of Tennis Section, Ladies and Gentlemen.

On behalf of the Executive Committee and the entire members of Tennis Section, I have the privilege and honour to welcome you all to this Annual General Meeting (AGM) of the Tennis Section Ikoyi Club 1938 and to present to you the report of activities of the Section for the period of July 2015 to February 2016. This will be my last report before I take my exit as Chairman of the Section.

Before we commence the business of the day, I wish to formally inform you that one of our esteemed members Chief Eze lost his wife Mrs Eze, I crave your indulgence to please rise and observe a minute of silence for her. may her soul rest in peace(Amen).

GOAL AND FOCUSThe general goal and main focus of your executive Committee in conjunction with the Admin Manager of the Section was to ensure that vigorous and constant maintenance of our existing facilities are in place to enhance the game of Tennis. Emphasis were placed on court surfaces and lightings which are the major facilities for playing Tennis. The resuscitation of courts(2) lighting and special maintenance of the UPS Gammatronic modules/ batteries has enable us to surmount the problems of intermittent power supply arising from NEPA and Generator . We have taken delivery of giant size Air conditional and a bigger television for our tennis bar to enhance conducive atmosphere for members.

THE DEVELOPMENT PLANYour Committee has put in place a medium term planning document 3-5 year Development plan in line with the club CAPEX Committee. The Capital Budget for the first one year has been prepared and approved by you and CAPEXCOM, the Gym equipment’s has been considered as a non-sporting item for Tennis hence the funding should be done through members levy.

Also CAPEXCOM discovered that Tennis subscription is the lowest in the Club. May I use this opportunity to appeal to members that we task ourselves a special levy we deem desirable to make this Gym project a reality. We have equally made provision for the replacement of furniture and giant

33

air-conditioner for the upper lounge and this has been approved in our budget for this period. The incoming administration should first track the process for replacement.

In our development plan earlier presented to you, we have made provisions for the total expansion of the men’s cloak room so as to accommodate more locker for members.

FINANCEThe Treasurer will brief you on the detailed statement of the various accounts of the Section. Before the presentation of the Treasurer’s report, I wish to crave your indulgences to highlight some areas of note. These includes the near zero availment from our Capital budget during the period. The reason is primarily due to the funding limitation placed on the entire club due to the completion of the car park project. Though this project has been completed, the required liquidity to fund some of our budgeted items were limited. I am quite optimistic that the funding for needs of our section’s capital budgets will now be 100% going forward.

Our sponsorship account has been quite robust and I am quite sure that huge amount will be left in this account for the incoming administration.

COACHES/ BALL BOYSI wish to thank the coaches and ballboys for their services to members and children during their Tennis Clinics. Our Committee is committed to exposing the coaches and ballboys through regular training programmes to update and enhance their skill in modern techniques within the ITF standard.

TOURNAMENTS/SPORTING EVENTSCHILDREN SUMMER CLINIC (3 RD – 14 TH , AUGUST, 2015)

The children summer clinic was sponsored by Taylek Drugs who have sustained sponsorship of the children clinic for two years now, the summer edition of year 2015 was the biggest as participating children went home with very fabulous prizes with drugs and other valuable gift items. The Managing Director promised to make 2016 editions much more bigger.

MOBIL TENNIS CHAMPIONSHIP (7 TH -15 TH AUGUST, 2015)

The above Tennis championship was organized after many years of none sponsorship from the Company, 2015 edition was very successful and was widely publicized both in electronics and print media.

Participating members won for themselves valuable prizes, the management of Mobil represented by their top Management Executives officers promised to make Mobil Tennis Championship an annual event in the Section.

AIICO INSURANCE TENNIS CHAMPINSHIP( 14 TH – 19 TH SEPTEMBER, 2015).

The maiden edition of the above tournament was very glamorous and was preceded with a press conference. The management of AIICO Insurance represented by the Executive Director promised to partner with the Section to sponsor other tournaments like ballboys/coaches and Junior clinic on yearly basis.

Members went home with valuable prizes at the end of the weeklong event.

34

NIGERIA / RWANDA INTERNATIONAL FRIENDLY TOURNAMENT (14 TH -18 TH OCTOBER, 2015).

The 2015 edition of this tournament was hosted by Cercle Sportif De Kigali Rwanda, the Ikoyi Club Tennis Section fifty five ( 55) man strong contingent was sponsored for the trip by two main companies which are: Access bank Plc and NEM Insurance and other co-sponsors like Roding Healthcare Ltd, Megamound Investment etc.

The contingents came home with a giant trophy.

MEGAMOUND TENNIS CHAMPIONSHIP 2015.

The maiden edition of the above tournament was scheduled to hold in the first week of December, 2015 but was shifted to 11th – 16th January, 2016 at the instance of the sponsors, the tournament was very glamorous as members turn out in large numbers to participate and at the end won for themselves various prizes as they were given vouchers to redeem their prizes at designated outlets. The Chairman and Chief Executives Officer of the Company promised the Section that the tournament will be a yearly event, the event was widely publicized both in print and electronic media.

RAINOIL IKOYI CLUB TENNIS MASTERS 2015.

The 2015 edition was scheduled to take place in the second week of December, 2015 but due to players involvement in the Governor’s cup which was hosted within the same week necessitated the postponement to (18th – 23rd January, 2016). The Rainoil Tennis Masters which featured the best eight players in Nigeria for men and women with one wild card place for outstanding juniors. Marylove Edwards who is ITA junior Champion justified the wild card given her by beating Pauline Ebijimi the no 6 seed in the Nigeria Tennis Federation list. The Masters was won by Clifford Enosoregbe and Sarah Adegoke in men and women singles respectively.

The Chairman of Rainoil in his speech thanked the Tennis Section and the Nigeria Tennis Federation for giving his company an opportunity to contribute its quota to the development of Tennis in Nigeria. He promised to continue to sustain the sponsorship of the tournament on yearly basis.

UPCOMING EVENT JANUARY – JUNE 2016

The under listed tournaments have been secured for the next few months in the year by the committee; these includes:

UPDC Team Tennis Tournament Feb, 2016SENFORCE Grand Slam Championship Feb, 2016WICHTECH Tennis Tournament Mar, 2016TAYLEK DRUGS Easter Children Clinic April, 2016

CONCLUSIONI wish to thank the members of my Committee for their unflinching support and selfless services in the last two years of my chairmanship. Infact it is during this Committee tenure that we had the highest number of sponsorship event in the history of this Section. My Committee is highly appreciative of the passion and service of ownership of our members which is the bedrock of social network that drives Tennis sport.

35

My appreciation goes to our corporate sponsors for providing the needed funds for our various tournaments and events. Your continued governance and participation in the activities of the Section greatly enriches the quality of our membership experience.

Thank you all and God bless you.

Ede Osemwengie

SWIMMING

IKOYI CLUB 1938SWIMMING SECTION2016 ANNUAL GENERAL MEETINGTUESDAY FEBRUARY 16TH 2016

CHAIRMAN’S REPORT

The Chairman, Ikoyi Club 1938,Maj. Gen. M. A. Balogun (rtd),All other office bearers here presentMembers of the General CommitteeAll past officers of Ikoyi Club 1938 here presentPresent and past officers of the Swimming SectionDistinguished members of the Swimming SectionGeneral Manager, Ladies and Gentlemen,

It gives me a great pleasure on behalf of the Swimming Section Committee to welcome you all to the 2016 Annual General Meeting. It is indeed an honour to present to you the report of the activities of the Swimming Section for the period ending 31st December, 2015.This committee took over in February with a lot of positive momentum from the previous committee. We have continued along this path striving to drive improvement to the facilities and services available to our section members.

1. FACILITIES

a. SWIMMING POOL MAINTENANCE

In the last six months we have worked very hard to ensure that the pools are operational at all times. Our concern is to maintain sanitary and clean pools with no downtime for the membership of the section. Certain steps have been put in place to ensure that we maintain the standard. We will continue with regular maintenance of the pools and ensure that they are in good condition particularly during peak usage periods. As part of this commitment we installed additional backup pumping machines in the two engine rooms.

b. SECTIONUPGRADES& MAINTENANCE

The upgrade of the poolside furniture continued with the replacement of an additional 24 units. We aim to provide a facelift to the entire section and remove the old plastic sun loungers that often caused injury to our members and their children.

36

To enhance the safety and ambiance of the poolside we plan to install an inverter to ensure constant lighting of the pools and surrounding areas during power outages.

Members across the swimming section now have access to an Internet Hotspot that can be used for accessing the internet 24 hours a day.

The air conditioner in the cool room was affected by a power surge. All necessary repairs and full servicing have been carried out to bring it back online.

c. FUTURE UPGRADES

Several projects and upgrades are being considered. We expect to award the contracts and begin work within the next six months.

Tiling of Staircase (Mens Cloakroom):There were complaints from members that the tiles were slippery and hence a safety challenge. This has been properly presented to the appropriate authorities and the contract for the retiling of the staircase leading to the new gent cloakroom with non-slip tiles will soon be awarded to finally address this matter.

The Bar, Kitchen and Entrance: The Committee is considering modernizing these areas of the section as they are now looking incongruous given the development in other parts of the section. Drawings and Bill of Quantity have been forwarded to the Main House for Tenders/CAPEXCOM considerations and approval for implementations. The modernization of the entrance will include a major improvement in the ambience and arrangement of the area for more efficient access management.

Water Treatment Plant: The contract for the total rehabilitation of the water treatment plant has been approved by the General Committee. This upgrade will resolve many of the issues currently being observed with availability of water in the section.

The Old Gents and Ladies Changing Room: The Committee is working hard to find a permanent solution to the perennial back flow of waste water in the conveniences. Professionals have been consulted to proffer solutions for consideration. Regular updates will be provided on this matter.

Sewage Treatment Plant : The General Committee considered the sewage problem a serious health hazard and accepted to implement the project under contingency account with the Main House bearing the whole cost.

2. COMPETITION/TOURNAMENT

The Section sponsored the 1st Interschool Swimming Competition in November 2015. The event was a huge success drawing entries from primary and secondary schools across Lagos. We received support from the section’s partners, Ecobank, Heritage Bank, Diamond Bank and GT Bank.

The event was covered and featured by the Guardian Newspaper on November 28 th 2016 and The Sun Online for a period of one week.

We wish to make this an annual event that will lead to continuous high quality improvements in swimming across Nigeria. We envision the competition growing to include international schools and clubs participation

37

The children of members who belong to our swimming squad are already working hard to qualify for the 45th International Swimming Gala in Arnsberg Germany set for May 13 th-15th, 2016. We have already begun our sponsorship drive for the event. Please kindly recall that our team last year came 6th out of 50 Clubs with 24 gold, 14 silver, 15 bronze medals as well as numerous certificates for 4 th – 6th positions. We are also considering additional international competitions that the team can participate in later this year.

3. ENTERTAINMENT/SOCIALSA TGIF Event was hosted by the Section on January 15 th 2016 to usher in the New Year. The theme of the event was a Throwback “Oldies” night. All attendees enjoyed themselves.

We would like to begin a regular monthly TGIF to mark members birthdays. Sponsors for these monthly events are being sought at this time.

We would like to seize this opportunity to say Thank you to all who attended

4. CONCLUSION

In conclusion, I want to thank the Members of the General Committee and the Office Bearers for their unflinching supports at addressing the problems of the section.

My appreciation also goes to the members of the Swimming Committee for their prompt attendance at meetings and their contributions.

As we wrap up a full year as a Committee, as Chairman of the Section I wish to say a special Thank You to the members of the section. Your constant constructive and positive contributions on the issues that affect our section tell me we have very involved members who feel as passionate as I do about improving the facilities and services of the section. Not in a long time have we had this level of constructive interaction. Thank you very much.

If given another opportunity to be Chairman for second year I will only increase my commitment to the Section and all our members.

I pray that God will continue to bless us all.

Segun AdekoyaChairman–Swimming Section

SQUASH

IKOYI CLUB 1938SQUASH SECTION

38

CHAIRMAN’S REPORT

Chairman, Ikoyi Club 1938Office Bearers, Members of the General Committee, Members of the section’s Committee, General Manager, Distinguished Members of the Squash Section, Ladies and Gentlemen.

On behalf of the members of the Committee, I welcome you to this annual General meeting. The last one year has been challenging and exciting. Our aim when this Committee took over was to maintain the standards set by the previous Committees and also ensure that the members of the Section derive the most benefits from their membership of the Section. We have been able to run the Section successfully in the last one year with the active support, encouragement and participation of all members of the Section, the staff, the Sectional Committee and also the General Committee.

FACILITIES

a. All the air – conditioners are in good working condition and we are in the process of procuring five additional air-conditioners to replace the unserviceable ones.

b. Squash courtsRenovation work has commenced in one of the two courts to be refurbished by one of our members. As soon as they complete court 5, renovation work will start in court 6. Provision has been made for the renovation of Court 3 and 4 in the January to December 2016 Capital budget, therefore we will commence renovation in those courts mentioned above once the funds are released.

c. Cleaning of the SectionWe will be engaging the service of a professional cleaning company to clean the entire Section on a quarterly basis; this will include the cloakrooms and the gym thus ensuring a high standard of cleanliness in the Section.

d. BarWe are happy to announce to you that renovation work on the bar upstairs has been completed; it would be commissioned in last week of March 2016.

d.1 Furniture

The state of the furniture at the first floor bar area is in a deplorable state and we have taken notice, in the next two weeks the furniture would be refurbished. Our intention in the long run is to replace the old furniture.

e. Gym

39

Arrangement is ongoing to repair all the gym equipment’s that are not in a good working condition. Also, we have had challenges with the air-conditioners in the Gym, in particular the five tons air-conditioners. In this regard, we will be replacing them with two 2hp air–conditioner and five wall fans.

TOURNAMENTThere were no much activities in the Section due to the economic situation of the Country and the impact it had on our regular sponsors businesses. Nevertheless, some activities did take place in the Section during the period under review and they are as follows:

SquashtivalThe annual event took place in the Section as usual from 22nd July to 31st July despite the fact that there was no sponsor for the event. The event witnessed large turnout of children between the ages of 6 – 18. The objective is to teach the children the rudiment of the squash game at a tender age. The participants went home with sports bag, food flask and water bottle.

After the closing ceremony of the event on 31 st of July, the program was extended by three weeks due to the demand from the parents and it was a well attended.

Invitational friendly competitionThe Ibadan recreation Club invited Ikoyi Club 1938 Squash Section for a friendly Competition from 10 th

July to 12th July. We participated in the Competition and it was a fun filled Competition. After the match, refreshment was laid out. Our members who were in attendance testified that they were well looked after and a good time was had by all.

Friend of the Section Tournament The Section organized a tournament tagged ‘’Friend of the Section tournament’’ The tournament commenced from 12th – 16th October 2015 and was sponsored by a member of the Section who preferred to remain anonymous. The competition featured group A, B, C and Ladies categories. It was keenly contested by the members. The winners of the tournament were given a voucher to collect an item of their choice at LG office, Awolowo road, Ikoyi. We would wish to take this opportunity to say a big thank you to the sponsor.

Invitational friendly competitionAn invitational friendly competition was organized in the Section between Ikoyi club 1938 Squash Section and NLNG Squash Club, Bonny, Port Harcourt from 23rd to 25th October 2015. A welcome reception was organized for them on Friday 23rd, while the games took place on Saturday 24th October, 2015. We did our best to be the perfect hosts.

Ikoyi Club 1938 Squash Section at RAC Epsom, UKThe Section went for an international friendly Competition at Royal Automobile Club Epsom, UK from 28th to 31st October 2015. The event featured single and double Squash games. Ikoyi Club 1938 won the Competition. There was mutual appreciation and a willingness to develop a reciprocal relationship between both clubs.

Invitational Competition The Section participated in a Competition held at O’trafford Club, Ikoyi. The event came up on 11 th

December 2015 and Ikoyi Club 1938 Squash Section gave a good representation of itself by winning the tournament.

Proposed local and foreign competition

40

The Committee is planning to embark on both local and international competition this year. As soon as we conclude on the arrangements we will give our members ample notice.

White xmas party The first of its kind was organized in the Section on Friday 18 th December, 2015 to celebrate the yuletide period. It was well attended by General Committee Members, section’s members and guests. It was a successful event with a DJ, Live band and Mc. Members present really had a swell time.

Thank you

Akin AkintolaChairman Squash Section

BADMINTON

IKOYI CLUB 1938 BADMINTON SECTION ANNUAL REPORT FEBRUARY 2016

SECTION REPORT

The Trustees, Ikoyi Club 1938 The Chairman, Ikoyi Club 1938 Office Bearers Members of the General Committee Members of the Section's Committee Fellow Members of the Badminton Section Distinguished Ladies and Gentlemen

Below is a report of activities that took place in the section under the period in focus:

Infrastructural Maintenance:

Periodic Servicing of all the Air conditioning units was carried out in line with the maintenance culture adopted by the section.

Painting of the outer and inner areas of the section were carried out during this period. The building housing the section and appurtenant areas now wear an enhanced look.

The section also installed a new tank and replaced broken pipes in and around the section. Furthermore, the section successfully effected repairs on it's leaking roof directly on top of the playing hall area and

41

had furniture in the Bar/Lounge area completely refurbished, whilst awaiting approval of it's budget by the Capital Expenditure Committee for a complete remodeling of the Bar/Lounge sitting area.

Reflooring of the playing hall floor and installation of an improved lightening system are considered urgent priority projects, in relation to Capital Budget implementation of the section. Prospective contractors were invited te quote for these important projects and advise on modalities for carrying out the re-surfacing of the playing hall floor and as well, test-run the proposed lightening system respectively. These projects have been approved in principle by the Capital Expenditure committee and by members of the section at the Extra Ordinary General Meeting and AGM of the Section on 15th January, 2016 and 18th August 2015 respectively.

Tournament/ Competition

Between September 17-20, 2015, the section was hosted to an Inter- Club Badminton friendly Tournament by the Badminton Section of the Shell Club, Port-Harcourt, at which the section defeated the Shell Club Badminton team by an overwhelming margin.

An American Tournament/ Social Sunday event took place at the section on December 6, 2015 with valuable prizes presented to different categories of winners and as well, to family members who won various gift items through raffle draws.

Sponsorship Drive

The section has sustained it's drive for classic tournament sponsorships. It's efforts in this regard have started yielding results, with the prospect of holding at least a major tournament in due course appearing a reality.

Social/Entertainment

A Thank God It's Friday (TGIF) social event, sponsored by friends of the section were held on July 24, 2015 and October 30, 2015. Both events were well attended by club members and guests, who really enjoyed themselves.

Conclusion

On Behalf of the Badminton Committee, I wish to express my profound

42

appreciation to the General Committee, the entire Badminton Section membership and staff for their unalloyed support and co-operation as we look forward to a brighter and mutually rewarding future together.

Thank you.

Chikwendu Ogbonna Badminton Chairman

TABLE TENNIS

CHAIRMAN’S REPORT TO MEMBERS AT THE ANNUAL GENERAL MEETING OF THE TABLE TENNIS SECTION, IKOYI CLUB 1938 ON MONDAY 15 TH FEBRUARY,2016.

The Chairman, Ikoyi Club 1938Office Bearers and Members of the General Committee Past Chairmen of the SectionCommittee MembersDistinguished Ladies and Gentlemen

On behalf of all the members and Executive Committee of Table Tennis Section I have the singular honour to welcome you all to this Annual General Meeting.

We started this journey with much hope to add value to this great Section. Undoubtedly, our efforts in various areas have yielded some positive results. Today, we thank God that we have been able to touch the lives of our members in particular and our Section in general through our programmes and activities which we shall outlined below under various headings and sub-headings.

SPORTING ACTIVITIES

JUNIOR TABLE TENNIS COACHING CLINIC 2015

The Section organized holiday training for the Junior Table Tennis members between Wednesday 6 th - Friday 21st August, 2015. This was with a view to catching them young; to positively improve their skills and to make them champions in the ping pong game.

The participation was commendable and we appreciate our members who allowed their children to participate in the programme while requesting the support of other parents who have not joined the train to do so by allowing their children to participate in future training sessions.

INVITATIONAL FRIENDLY TABLE TENNIS COMPETITIONS

IKOYI CLUB 1938 VS. IBADAN RECREATIONAL CLUB

On Friday 23rd October, 2015 the Ikoyi Club 1938 Table Tennis Section hosted its counterpart from Ibadan, Oyo State capital, the Ibadan Recreational Club from the City of Ibadan to a very interesting and explosive friendly Table Tennis match. Ikoyi Club 1938 won by 7 games to 6.

43

IKOYI CLUB 1938 VS. NIGERIAN NATIONAL LIQUEFIED NATURAL GAS

Ikoyi Club 1938 engaged the Nigerian National Liquefied Natural Gas in two separate games on Friday 6th November and on Saturday 7th November, 2015 with Ikoyi Club 1938 beating them hands down in the two games. On Friday 6th November, 2015, Ikoyi Club 1938 won by 7 games to 2 and Saturday 7 th

November, 2015, Ikoyi Club 1938 won by 8 games to 3.

ARCO PETROCHEMICAL ENGINEERING CO.PLC TABLE TENNIS TOURNAMENTThis year event witnessed the 5th edition of this competition. The grand finale of the competition which started on Monday 23rd, November, 2015 was held on Friday 27th November, 2015 with a lot of fanfares. The participation of members in this tournament was massive and impressive with each member hoping to go home with a beautiful prize and medals to cap it. The final game in the Men’s division I category saw Hon. Gbolahan Okuneye and Mr. Oluseye Oki slugging it out for the 1st

position. Hon. Gbolahan Okuneye won with 4 games to 3

SOVEREIGN TRUST INSURANCE TABLE TENNIS TOURNAMENT

The above tournament which was the 7th in this Section was held from Monday, 14th – Friday, 18th

December, 2015 with impressive turnout of participants. This event coincided with the retirement of the Managing Director of the Company, Mr. Olawale Onaolapo who was physically present at the occasion and who gave his words that the incoming Chief executive would do all in his capacity to keep the tournament going. It is worthy of note to mention that the outgoing Managing Director in his characteristic generosity made available a giant refrigerator for the overall winner of the event. The grand finale of the event lived up to its billing with the display in the final match which involved Mr. Oluseye Oki and Mr. Oladele Kuti. The match ended in favour of Mr. Oladele Kuti who is the current champion of the Section.

MEMORIAL DAY/TOURNAMENT

The event tagged “ANNUAL TABLE TENNIS REMEMBRANCE RUMBLE" which was the third of its Kind was held to commemorate the deceased members of the Table Tennis Section on Wednesday 11 th

November, 2015.

The Table Tennis Section, joined the rest of the world in commemorating remembrance day (poppy day, memorial day, 11/11), (the first world war ended at the 11th hour [11 a.m] of the 11th day of the 11th month of 1918), by remembering her departed members with a one-day, winner – takes – all “REMEMBRANCE RUMBLE”. The event witnessed the attendance of the family of the deceased members who were earlier invited showing appreciation while collecting their various gifts.

SOCIAL ACTIVITIES

BI-MONTHLY BIRTHDAY CELEBRATIONThe bi-monthly birthday bash has continued to be the meeting points for members of the Section both old and new. It draws members from their tight schedule to witness what bring life to the Section. Between July and December the Section has celebrated the arrears of May and June/July, 2015. August, September & October, 2015 birthday bash was held on Friday, 6 th November, 2015.

44

We appreciate our members who have donated generously to the cause of the Section in order to keep our activities going.

THANK GOD IT’S FRIDAY/DISCO PARTY

The first disco party of the Section for the period was held on Friday 21 st August, 2015. The event was sponsored by the Section. The Disco party was well attended by members and guests who were well entertained and treated to good music by a popular DJ. On Friday 11 th September, 2015 was the second disco party tagged “TAYO’S BASH” commemorating the birthday celebration of a member of the Section, Mr. Tayo Ajibulu. This event started like a child’s play but later snowballed into a big party with enough food to eat and also plenty of assorted drinks.

FACILITY IMPROVEMENT

This Committee is determined to ensure the complete renewal of all the facilities of the Section. This is the reason why the completion of the abandoned Committee room/kitchen project is topmost of its agenda for this current period. I am happy to announce to you that the process of re-awarding the project had been concluded. In a short while, a new contractor will move to site and the place will finally be restored.

The process of renovating the conveniences too is a top priority. It is our pleasure to announce to you that the renovation of the conveniences both male and female will commence immediately the reconstruction of the Committee room/kitchen project is concluded. We have already put this before the main house as a project posing a daunting challenge to our Section. We are not unaware of the challenges posed by the conveniences, but we are appealing to all our members to bear with us and allow us to resolve these challenges one after the other.

PAINTING OF THE SECTION

Our members in their quest to make the Section look attractive donated generously towards the painting of the inner part. This was achieved by approaching them; and without hesitation willingly gave out funds to prosecute this project.

CONCLUSION

On behalf of the Committee and members of the Section, we wish to thank the Chairman of the Club and members of the General Committee for the co-operation and support they gave to the Section.

We also wish to thank all the distinguished members of the Committee for the diligent service and all members of this great Section for your immense support and understanding during the short period we have spent together.

We promise that with your unflinching support the next 10 months will witness a lot of activities geared at making this Section the toast of all.

We appreciate you all.

45

Thank you for your patience and attention and God bless you all.

ADETAYO OSUNTOGUNCHAIRMANT/TENNIS SECTION.

BILLIARDS, SNOOKER & POOL

IKOYI CLUB 1938BILLIARDS, SNOOKER & POOL SECTION 2016ANNUAL GENERAL MEETINGDATE: FEBRUARY 10th, 2016

COMMITTEE’S REPORT

The Trustees, Ikoyi Club 1938, The Chairman, Ikoyi Club 1938, Office Bearers, Members of the General Committee, Ikoyi Club 1938, Members of the Section’s Committee, Fellow Members of the Billiards, Snooker & Pool Section, Ikoyi Club 1938, General Manager/CEO, Ikoyi Club 1938.

Distinguished Ladies and Gentlemen.

On behalf of the Executive Committee of the Billiards, Snooker & Pool Section, Ikoyi Club 1938, I welcome you all to the Annual General Meeting of our unique Section today Wednesday 10th February 2016

It is with pleasure I present to you the report of our stewardship for the last 6 months.

The Committee seizes this opportunity to express, our very sincere thanks and appreciation to the members of the General Committee of Ikoyi Club 1938, ably chaired by General Balogun for their valued support, especially in the implementation of our budget, and, to our fellow members of the Section for their criticism, support and commitment to the overall well being of the Section.

Below is a summary of events and happenings in the section for the past half-year;

Tournaments

7thBayoAwosika Memorial Tournament

This competition is organized yearly in memory of the late Mr. Modebayo Odunbayo Awosika, one of the active members of the Section.

Winners

Snooke r 1st - Sunil Agarwal2nd - Akeem Mustapha

46

3rd - Chukwuma Oyeka

Billiards1st - Bimbo Okubena2nd - Akeem Mustapha3rd - Chukwuma Oyeka

Pool1st - Chukwuma Oyeka 2nd - K, Vaswani3rd - Olusola Akerele

77th Ikoyi Club Anniversary Competition

Winners

Snooker1st - Gbenga Banjoko2nd - Babatunde Akinleye3rd - Bayo Abe

Billiards1st - Victor Okobi2nd - Babatunde Akinleye3rd - Nil

Pool1st - Tokunbo Babalola2nd - Emeka Nwankwo3rd - Timi Elegba

BudgetThe Section’s January 2016 – December 2016 Capital budget is below.

S/N ITEM QTY1 Purchase of Industrial Ice Making Machine 15kg/24H 12 Purchase of New Cue Accessories and Extensions SET

LONG TERM SECTIONAL DEVELOPMENT PLANS (3-5 Years Plans)

1 Male Toilet Expansion Project2 Table Refurbishment3 Changing the interior of the Bar and Lounge4 Expansion of the Section’s Lobby to the Gardens5 Admin. Office Laptop

StaffThe Section has a total of fourteen (14) staff members. The distribution is as follows:Administrative officer - 1Bar Supervisor - 1Waiters - 6Barmen - 1

47

Cleaner - 2Casual Waitress - 1Casual Pantry Boy - 2

Finance

The Section’s Honorable Treasurer will present the Section’s financial report, which will give a fair and true view of the Section’s financial position. Please take a critical look at it and give your honest comments.

ConclusionWe wish to thank all members of this great Section and members of the Club for the opportunity given to us to make our own modest contribution to the Section in the past six months.

Thank you all for finding time to attend this Annual General Meeting

God bless Ikoyi Club 1938.God bless the Snooker Billiards & Pool Section.

Chukwuma OyekaChairmanFor Sectional Committee,Billiards, Snooker & Pool SectionIkoyi Club 1938.

OTHER SPORTS

IKOYI CLUB 1938OTHER SPORTS SECTIONSECTION REPORTS FOR THE PERIOD OF JULY 2015 TO FEBRUARY 2016

The Section Committee Meeting is schedule for every 2nd Wednesday of the month.

SPORTING ACTIVITIES

All sporting Activities are anchored by the Games Captain.

1) PHYSICAL GAMES

AEROBICS

This activity is the mainstay of the Section and has in recent times been experiencing a larger turnout of members both male and female. The largest class by way of attendance is the Monday class with over 30 attendants, where we have a pot-pourri of sporting activities represented by cardio, physical and weight training. Skipping (jump rope) is the latest addition to the Monday class activities and is enjoyed by all, young, old, male and female. The class starts with 15-30mins of stretches and then gets more vigorous with either step-board training or Tae-bo.

All classes start at 7.00pm and end with 15min floors exercises at 8.30.

We are looking to introduce other activities like yoga in the following period.

48

The age range of attending members is 5yrs to 65yrs.

BRIDGE

This game is mostly played by the Indian Community and is scheduled for Thursday at the upper Deck by 7:00pm with average attendance of 7 - 12members. More members are welcome.

INDOOR 5 – ASIDE SOCCER

The class takes place every Thursday from 7:00 – 9:30pm. This class has been experiencing difficulties of late as the existing members are unable to make the numbers required to form both sides of the game due to poor attendance. This can be boosted by sensitizing members of the availability of this sporting activity on the Club premises and recruiting younger members who have more time on their hands to the teams.

TAEKWONDO, JUDO & KARATEThese three related games hold on Saturdays from 11am – 1pm with only members Children participating for now. We hope to once again attract the older members and black belt holders. 2. TABLE/BOARD GAMES

These include such games as DRAUGHT, AYO, SCRABBLE, CHESS, and DARTS. All the games are played every evening from 7:00pm at the Section’s lounge/bar and Upper-deck.

3. GENERAL ACTIVITIES / GAMES

TOMBOLA

Tombola night takes place every 2nd Friday of the month from 8pm to 10pm. It is a fun game enjoyed by all where prizes are won by both skilled and unskilled players. Some of the star prizes won in the past include a weekend for 2 at the Moor House Sofitel. All members of the Club, even non member of the Section are welcome to this event.

49

TRIMESTERLY BIRTHDAY BASH

The Trimester Birthday Bash is one the social awareness programs of the Section. The first one for the year took place on the 1st Friday in February comprising of birthday celebrants of the Section for the months of May to December last year combined. The next one is expected to take place in the month of May for the January to April birthday celebrants.

GENERAL

The Section is undergoing repair, maintenance and reconstruction works. This will span a period of six months and beyond to address the total state of disrepair that most of our facilities have been reduced to. Also to try to make up for the long period in the Club where not many Capital projects, much needed though they were, were embarked on. In the last quarter of 2015, we had a drainage system constructed for the Section to outflow water and other waste from the area to the main Club grid. This is a problem the Section had been experiencing since its construction, since this was omitted is the building plan. This project was carried out by the main house once identified. It will address also the issue of rising damp which has bedevilled us killing within a short space of time, whatever paint job is embarked on in a short time.

We have also addressed a leakage problem in the Control room which had in the past resulted in a fire incidence in the Section due to electrical wires and water from the leakage cohabiting.

Some of the other maintenance issues that have been and will be addressed before the next AGM include:

1. The repair of walkway to Table Tennis Section - Work in progress2. Resurfacing of the area around the Section3. The polishing of the Wooden floor of the aerobics hall and polishing of the mosaic tiles has

been done and was sponsored.4. Renovation of our Kitchen5. Furnishing of lounge, Upper Deck and Sit out6. Painting

In order to fund some of the outlined activities of the Section, a levy is to be introduced to all members of the Section and an increase in the cost of tickets for all sporting activities. This will go a long way to increase the funds available for Capital projects in the Section as we are currently lagging in income generation among all the Sections of the Club even though we have a large membership.

Thank you.

50

web.ikoyiclub1938.org · Web viewgeneral committee. chairman. maj gen m. a. balogun (rtd.) -...

Documents

Transcript of web.ikoyiclub1938.org · Web viewgeneral committee. chairman. maj gen m. a. balogun (rtd.) -...