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Friday, 21 September 2012

Elizade Nigeria


Elizade plans 3s facilities in more states

One of the foremost Toyota dealers, Elizade Nigeria Limited, is to establish new facilities in at least three states before the end of the year for prompt delivery of maintenance service and other related products to its customers.
The Managing Director of the company, Mr. Demola Ade-Ojo, said this in Lagos on Wednesday at a seminar organised for fleet managers, where the state Transportation Commissioner, Mr. Kayode Opeifa, was a special guest.
He said the 3s (service, spare parts and showroom) centres would be sited in Akure, Uyo and Asaba to raise the service standard and improve their presence in the market place, especially in these locations.
Ade-Ojo, who hinted that Enugu and Umuahia and Enugu workshops were in the pipeline, said that the company planned to expand its “operating bases in Lagos by the instrumentality of satellite workshop partnership arrangement with Oando and any other oil marketing company interested in this novel idea.
“The reason we are doing all of these is to ensure the satisfaction of our customers. You are dear to us. Your satisfaction is our comfort.”
He attributed the success story of the company to the loyalty of the customers and promised to continue to serve them well.
Ade-Ojo said the company had adopted about 10 aftersales initiatives to bring the services to the doorsteps of the customers.
The measures involved the use of satellite workshops, mobile workshops, early birds service, overnight and weekend services.
Others are diagnostic service, warranty repair, emergency recovery service, after-market installation and courtesy cars.
In his speech at the event, Opeifa said the seminar was timely, stressing that it came at a period the state government had just enacted the Lagos Traffic Law.
He said the traffic law was meant to enhance the safety of motorists and other road users in the state and urged the people to willingly comply with all the provisions.
A training officer at the Lagos State Traffic Management Authority, Mr. Macauley Modupe, enlightened the participants on the benefits of defensive driving.      www.punchng.com

Petroleum Industry Bill Passes First Reading


PIB passes first reading at Senate

Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke
The new version of the Petroleum Industry Bill, which was sent to the National Assembly by President Goodluck Jonathan before the legislators went on recess in July, has passed through the first reading stage at the Senate.
The upper legislative chamber also pledged its commitment to quickly consider the bill because of its relevance and importance to the Nigerian petroleum industry and the economy as a whole.
Speaking to our correspondent on the telephone on Wednesday, the Chairman, Senate Committee on Petroleum (Downstream), Senator Magnus Abbe, said, “Given the seriousness with which the leadership of the Senate is treating the bill, I foresee a speedy consideration.
“The first reading has been taken and the second is to be taken very soon.”
When asked when the second reading would take place, Abbe said it was the responsibility of the Rules and Business Committee of the Senate to determine that, adding that from all indications, the consideration would be quick.
He said the Senate understood the importance of the PIB, and would expedite action on it to the best of its ability.
“It is a bill that will generate a lot of interest since it is concerned with how we handle our hydrocarbon assets,” Abbe said.
The long-delayed and complex bill could be one of the most important pieces of legislation in the history of the country, changing everything from fiscal terms to the make-up of the Nigerian National Petroleum Corporation.
Several drafts have been drawn up in recent years but have been scrapped or re-written because government, lawmakers and foreign oil companies could not agree on details.
The Federal Executive Council had approved the draft of the PIB prepared by the Ministry of Petroleum Resources.
The minister, Mrs. Diezani Alison-Madueke, had said the bill, which is an aggregate of about 16 laws in the oil and gas industry, would go a long way in making the nation’s petroleum industry the preferred destination of oil and gas investors.
She said one of the highlights of the new bill was the unbundling of the NNPC to give room for vibrant successor companies.
Some of the companies to be unbundled from the NNPC, according to the minister, are the National Oil Company, National Gas Company and National Asset Management Corporation, which will now be private sector driven.

BBC Report On Retail Sales


August retail sales hurt by Olympics

Sales fell by 0.2 per cent in August from July, according to the Office for National Statistics.
According to a BBC report, the ONS said the decline was driven by a fall in online sales, as consumers watched the Olympics instead of shopping on the internet.
However, sporting goods and toy stores saw a sales boost from the Olympics and the new football season.
Compared with a year earlier, sales volumes rose by 2.7 per cent in August, said the ONS.
Online retail sales in August accounted for 8.1 per cent of total retail sales excluding automotive fuel, a fall from the 9.0 per cent recorded in July. It was also the lowest proportion in a year, it said.
Analysts said the weak overall sales figure underlined persistent worries over the strength of the economy. Markets had been expecting a fall of 0.4 per cent.
“August’s UK retail sales figures add to the evidence that the Olympics did not provide the hoped-for boost to spending on the High Street,” said Samuel Tombs, UK economist at Capital Economics.
Separately, online grocer Ocado said that the Olympics and the Queen’s Diamond Jubilee had hit third-quarter sales, with sales growing by 9.9 per cent to £162.6m in the three months to August 5. That compared to a first-half rise of 12 per cent, it said. Ocado shares fell 1.3 per cent in Thursday morning trading.
The British Chambers of Commerce said the smaller-than-expected monthly fall and the year-on-year increase in retail sales supported their view that GDP would return to positive growth in the third quarter, although the pace of recovery would remain modest.
“While official estimates of a recession since the end of last year may be too pessimistic, the economy is stagnating and growth is far too weak,” it said.
“The government needs to take action, implementing policies that will support growth, empowering private sector businesses to create jobs, invest and export, while the public sector continues to shrink.”
Some of the weaker spending in August could be a result of a 2.5 per cent monthly rise in petrol prices last month that squeezed discretionary spending, analysts suggested.
On top of that, August’s fall in retail sales could simply reflect lower spending in High Streets, while hotels and restaurants might have fared better during the Games, according to Mr Tombs.
“And even after this drop, retail sales were still 0.6 pe rcent higher than three months ago, suggesting that they are likely to contribute to a brief return to positive GDP growth in the third quarter,” he said.
“Nonetheless, with consumer confidence still very weak and inflation set to outpace earnings growth for another six months or so, we would not be surprised to see further falls in retail sales in the coming months

Monday, 10 September 2012

Remembering “Occupy Nigeria”

Remembering “Occupy Nigeria”

Paralympics Closing Ceremony


Coldplay, Rihanna, Jay-Z close London Paralympics

LONDON (AP) — Farewell, London. Good luck matching that, Rio.
Coldplay, Rihanna and Jay-Z rocked the Olympic Stadium on Sunday night to give the biggest-ever Paralympic Games a rousing send-off, wrapping up an unforgettable summer of sports in Britain.
The three-hour party at the packed 80,000-seat arena in east London gave the world a chance to celebrate 11 days of Paralympic competition that have shifted perceptions and shattered stereotypes about the disabled.
"In this country, we will never think of sport the same way and we will never think of disability the same way," said Sebastian Coe, chairman of the London organizing committee. "The Paralympianshave lifted the cloud of limitation."
Central to the closing ceremony — called the "Festival of the Flame" — were the 4,200 Paralympians from 164 nations who encircled the field of play from the start, waving flags and taking in the extraordinary atmosphere. By the end of the extravaganza, they created an international mosh pit in front of the stage as volleys of fireworks rocketed above.
"I think it's been an absolute triumph from start to finish," said British Prime Minister David Cameron, whose disabled son Ivan died in 2009. "I think back to Ivan. As every parent, you think about all the things they can't do, but at the Paralympics they are superhuman, you see all the things they can do.
"It's been a golden summer of British sport."
Coming after a hugely successful Olympic Games, the 2012 Paralympics broke all records, with 2.7 million spectators cramming into venues, more than $70 million raised in ticket sales and the games broadcast in more than 100 countries. They are unprecedented figures as the British public displayed an enthusiasm previously unseen in the 52-year history of the Paralympics.
The wide exposure introduced the world to Paralympians such as Dutch wheelchair tennis player Esther Vergeer — who extended her nine-year unbeaten streak to 470 matches by winning the women's singles — and David Weir, a British wheelchair racer who won four golds in his home city.
It also enhanced the reputation of iconic South African double-amputee sprinter Oscar Pistorius, who became the first track athlete to compete in both games. He won two golds in the Paralympics, including in the 4x100-meter relay which was one of 251 world records broken at these games.
"I think people are going to look back at this Paralympic Games and for the first time really, truly believe that Paralympic sport is not just inspirational, it's hard-core sport," said Pistorius, who drew a rousing cheer as his image was displayed in a montage of Paralympians on the big screen.
A moving tribute to wounded British servicemen and members of the British army opened the show. Luke Sinnott, a captain who lost both legs from above the knee in an explosion in Afghanistan in 2010, hung the Union Flag at the top of flagpole in the middle of the stadium. Rory Mackenzie, a serviceman who lost his leg on patrol in roadside bomb blast, gave a sonorous introduction to the theme of the four seasons that was at the heart of the show.
Proud flag-bearers from all competing nations marched in before a Mad Max-style parade of 25 trucks and motorcycles, in shapes that included peacocks and fish, stormed the stadium and kick-started Coldplay's set.
Coldplay frontman Chris Martin belted out top-selling hits like "Clocks," ''Viva La Vida" and "Paradise."
"Nobody said it was easy," a lyric from the moving song "The Scientist," seemed particularly apt for the occasion.
Coldplay, who were given a standing ovation when they performed their final song "Every Teardrop is a Waterfall," said: "We can't actually imagine a bigger honor" than playing at the Paralympics in their home city.
Artistic director Kim Gavin created an electric production. White confetti rained down as snow, black crows on stilts encircled the stage, flaming butterflies swirled in the air and a flying motorbike driven by highwire artist Laszlo Simet with disabled dancer Lyndsay Adams powered across the stadium.
"Being at the Paralympics is the biggest honor," said Rihanna, who first appeared dressed in a flowing orange gown before changing to a see-through black top and dark sunglasses. "These athletes are gladiators and are a true inspiration to me."
She sang "We Found Love" while swinging in a chair high above the stage, a performance sure to give her insurer a heart attack.
Such was the global attraction of performing at the closing ceremony that organizers were able to turn down approaches from other major artists — but they wouldn't name names. Sunday night's stars, artists who have sold millions of records, were being paid a nominal one pound ($1.60) to play.
The ceremony finished with the cauldron — made up of 200 petals — being extinguished, ending the games in London and passing the baton to Rio de Janeiro for 2016. The handover saw Rio Mayor Eduardo Paes wave the Paralympic flag with abandon before Brazilian pop stars danced onto the stage.
Speaker after speaker acknowledged that after London, the Paralympics will never be the same.
"On Aug. 29, we opened with the theme of 'Enlightenment,'" said Sir Philip Craven, president of the International Paralympic Committee. "Tonight, we are enlightened and armed with a superior knowledge of what can be achieved. The legacy of these games will be long-lasting."