Functional Areas
    The objects specified in each of the paragraphs of this clause shall be regarded as independent objects and accordingly shall in no wise be limited or restricted (except where otherwise expressed) by reference to or inference from the terms of any other paragraph but may be carried in as full and ample a manner and construed in a sense as if each of the said paragraphs defined the objects of a separate and distinct company.

    1. The liability of the members is limited.

    2. The authorized Share Capital of the Company shall be N5,000,000 and divided into 5,000,000 ordinary shares of N1.00 each. Only N4,000,000 out of the said N5,000,000 authorized share capital had been subscribed. And the company may increase its share capital, provided that in the event of any and all such increase all necessary procedures shall be undertaken through the Corporate Affairs Commission.