Following the promulgation of the first and second Indigenisation Decrees in 1972 and 1977, ICI Nigeria Limited at first sold 40 percent but later 60 percent of its share capital to the Nigerian public, and went further to change its name by a special resolution of the shareholders to Chemical and Allied Products Limited (CAPL) in the spirit of indigenisation. In 1991, the ‘Limited’ appellation was dropped for ‘Plc’ in compliance with the provision of the Companies and Allied Matters Act of 1990.
In 1992, ICI Nigeria Limited finally disposed of its minority 40% shareholding in CAP plc when it sold 35.7% of the equity to UAC of Nigeria Plc and the rest to the Nigerian public on the floor of the Nigeria Stock Exchange.
Today, CAP plc is a Nigerian Company operating in Coatings Business.
CAP Plc, a fully owned Nigerian Company is a participant of the U.N Global Compact initiative. A winner of the Nigerian Stock Exchange merit award (2006) and has retained the Pearl award for sector leadership in Chemical and Paints from 2004 to date.
Applications are invited from qualified graduates to join us as Graduate Trainees.
Requirements:
Qualification:
· Minimum of Bsc degree in any discipline with at least a Second Class Lower grade
· Applicants must be computer literate with good analytical, Oral & Written Communication and presentation skills.
Age: Not more than 28 years.
In addition, applicants must demonstrate commitment and loyalty to work with a pleasant personality.
Interested candidates should submit application letters with copies of their credentials to the Human Resource Department, No. 2, Adeniyi Jones Avenue, Ikeja OR email: caphr@capplc.com latest by Friday 17th February, 2012.
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