AROCOM refunds subscribers

An Empowerment and Social Security Organisation, under the aegis of AROCOM, has expressed its resolve to pay subscribers, who had yet to benefit from their investment before the suspension of its operations some years back.
Besides, the organisation disclosed that no fewer than 100million Nigerians would be reached for socio-economic empowerment with the re-launch of its operations.
In a communique issued after its National Coordinating Council Conference in Abeokuta, Ogun State, the organisation said it was being owed about N2billion by the previous beneficiaries of its ” friendly soft loans and credit sales of Household Appliances, electronics, equipment and automobiles” scheme.
The Communique, signed by the Director-General of AROCOM Foundation, Mr.Olabode Adeyi; the Director of services, Mr. Benjamin Taylor and the Regional Coordinators of the six Geopolitical zones of the country, namely, Mr. Uche Ogbonnia (South East); Alhaji Jafaru Makama (North West); Mr.Joseph C. Karka (North East); Prince Bisi Oladeji (South South); Mr Victor Okolu (North Central) and Engineer Raheem Ajisafe (South West), enjoined claimants to come forward with evidence of being owed in order to access their benefits.
“The re-organised and re-launched AROCOM Foundation and AROCOM GROUP are using this medium to call on subscribers of the organization, who had been there pre-2012, before the suspension of operations, to come up with convincing evidence for their benefits.
“The payment is going to be done regardless of the fact that almost N2billion is still being owed the group; the bulk of the money owed is from the South West, where we started the programme before moving to other regions while the empowerment lasted,” the communique read in part.
AROCOM Foundation and AROCOM Group had been in the vanguard of providing free-of-interest soft loans to the less privileged in Nigeria, in addition to the credit sales of Household Appliances, electronics, equipment and Automobiles to the private and public sector.