Fact 4
LOCCAF Convention does not happen just because we want it to happen. Series of meetings are held before the Annual Convention with LCC, with Planning Committees - Accomodation, Technical, Feeding, Children Department etc. A small office space in the Building is needed to convene these meetings and others during the course of the year. During Convention, Loccaf food can also be prepared from this location conveniently.
Men, Brethren and Sisthren, with these few points I hope you now understand the reason for the Loccaf Project. We are well aware that prices of properties do not depreciate but rather they appreciate. So if we do not handle this as soon as possible, a time will come when it will costs us more to handle. What we are budgeting for N70,000,000 today is not a guaranteed sum in perpetuity, and as at today, we have N13.73 million Naira.