Tag: Motor

  • Leadway, Total seal pact on third party motor insurance

    Leadway Assurance Company Limited has signed a Memorandum of Understanding (MoU) with Total Nigeria Plc to sell third party motor vehicle insurance to the general public in some designated Total service stations across the country.

    The deal was signed in Lagos where the Executive Director, General Business, Leadway Assurance, Ms Adetola Adegbayi represented the Managing Director, Oye Hassan-Odukale and the Territorial Sales Manager (North), Total Nigeria Plc- Muftau Balogun represented the Managing Director, Total Nigeria Plc, Jean-Philippe Torres in Lagos.

    According to Ms Adegbayi, the agreement allows Leadway’s insurance products and services to be made available in some designated Total service stations across the country starting with 20 stations in Lagos.

    She stated that Leadway’s easy-to-use third party motor vehicle insurance recharge cards will not only be used as pick up centres for Leadway Assurance products but would also serve as collation centres for all insurance related issues such as claims processing.

    Leadway’s Executive Director, Finance and Systems Tunde Hassan-Odukale said as an innovation-driven market leader in the insurance industry, they are constantly seeking ways to make insurance products and services nearer, easily accessible and more convenient to customers.

    He added that they have developed their online infrastructure to provide real-time, online access and interaction for their clients.

    He said: “The partnership with Total reinforces that quest to further take insurance closer to Nigerians whilst affirming our commitment to superior service delivery. Indeed, with this partnership, our customers, who are also consumers of Total’s array of products and services, would reduce their commuting time and cost to procure high value insurance products such as the motor insurance, at a single location. The Nigerian insurance industry has been characterised by low market penetration and adoption resulting in the industry contributing less than one per cent to the nation’s Gross Domestic Product (GDP).

    Territorial Sales Manager (North), Total Nigeria Plc Muftau Balogun said: “We are proud of the partnership with Leadway Assurance, a dynamic organisation, who shares our values of integrity, innovation, and superior service delivery. This is an association of caring brands.

    “With this partnership, our outlets will become the first in our industry to have insurance products and services offered at the convenience of our customers from our service stations, he added.

  • Infiniti Motor breaks new sales record

    Infiniti Motor breaks new sales record

    Infiniti finished the first half of the year with a new sales record. The company sold more than 110,200 vehicles, an increase of seven percent over the same period last year.

    In the month of June, more than 19,300 vehicles were sold, up 15 percent versus June 2015, and in the second quarter of the year (April-June), Infiniti set a new record with almost 53,000 vehicles sold representing an increase of four percent.

    This marks the best ever June for Infiniti sales globally and in several key markets including Canada, Mexico, Latin America, Western Europe, China and Australia.

    Year to date, Infiniti had record sales for the Americas (U.S., Canada, Mexico, and Latin America) along with Canada and Mexico individually, Western Europe, Middle East, Asia & Oceania (“A&O”), Korea and Australia.

    Western Europe sold close to 1,600 vehicles in June, which is an increase of more than 150 percent over June 2015. Year to date, more than 9,500 vehicles were sold, up 177 percent from the same period last year.

    In Americas, 12,300 vehicles were sold in June, 11 per cent more than in June 2015. Year to date, approximately 72,100 vehicles were sold, an increase of two per cent from the same period last year.

    In Asia and Oceania (Australia, Korea, Taiwan and other markets), Infiniti sold 540 vehicles in June, which is an increase of 14 percent over the same month last year. For the first half of 2016, Infiniti sold almost 3,300 vehicles, which is an increase of 25 per cent over the same period the previous year.

    In June, Infiniti set a new record for China with 3,700 vehicles sold, 12 per cent up from June 2015. Year to date, Infiniti sold more than 18,600 vehicles in China, a slight drop of 2 percent from the same period last year due to product availability in April and May.

    Infiniti Motor Company President Roland Krueger said: “Infiniti continues to deliver strong results. I’d like to thank our customers around the world that made Infiniti their trusted choice. With new products such as the QX30 and the Q60 coming on stream, we are very confident about our prospects in the second half.”

    Infiniti Motor Company Ltd is headquartered in Hong Kong with sales operations in over 50 countries. The Infiniti brand was launched in 1989. Its range of premium automobiles is currently built in manufacturing facilities in Japan, the United States, United Kingdom and China.  Infiniti plans to also expand manufacturing into Mexico by 2017. Infiniti design studios are located in Atsugi-Shi near Yokohama, London, San Diego and Beijing.

  • Driver dies, motor boy injured in road crash

    Driver dies, motor boy injured in road crash

    Traffic stood still for hours around Lagos State Secretariat at Alausa, Ikeja, on Saturday when a waste disposal truck collided with a Mercedes Benz 4matic Sport Utility Vehicle (SUV) and a Land Rover.

    The truck driver died on the spot; the motor boy, popularly known as conductor, is lying critically ill at Lagos State University Teaching Hospital (LASUTH).

    He was said to have suffered leg fracture.

    It was gathered that the suction truck marked GGE691, which had just left the Alausa Police Barrack, veered to the other side of the road, following brake failure.

    It ran into the Benz marked FST161BZ and the Land Rover with registration number EKY93DV, which were heading towards the secretariat.

    The vehicles blocked the Secretariat-bound road, leading motorists to take one way to get out of the gridlock.

    Lagos State Traffic Management Authority (LASTMA) officials had a hectic time controlling traffic.

    They later diverted traffic through Governor’s Road to ease the congestion.

    Lagos State Emergency Management Agency (LASEMA) General Manager Michael Akindele yesterday said the motor boy was rushed to LASUTH after the accident.

    “The driver of the truck died on the spot, while the motor boy; an adult male had fracture of the leg. He was immediately taken to LASUTH by Lagos State Ambulance Service (LASAMBUS).

    “The drivers of the two other vehicles escaped unhurt. The situation was caused by brake failure. Drivers need to properly check their vehicles and adhere to safety regulations to prevent unnecessary loss of lives,” he said.

  • Wapic introduces motor insurance, group life products

    Wapic Insurance Plc and Wapic Life Assurance Limited have re-introduced motor insurance product suite and group life insurance product aimed at meeting Nigerians budget and life style flexibility, the Group Managing Director of the company, Ashish Desai has said.

    He stated the motor insurance product suite has been rebranded and is now called “Moov” while the group life policy has been re-designed to address critical consumer needs while keeping them adequately protected against the financial impact of life’s risks whilst in employment

    Unveiling the value propositions for Moov and group life in Lagos, Desai said Moov, the motor insurance product in its new form has been designed to meet the yearnings of customers for budget and life style flexibility.

    An integral feature of the new product, he noted, is the fact that the consumers can custom-create their motor insurance cover.

    He said: “The motor product comes in four variants, which include Moov to cover third part motor insurance; Moov Plus for third party, fire and theft; Moov Prestige to cover basic comprehensive insurance while Moov Luxury is the maximum motor cover available.

    “Within each option, there is a menu of covers from which customers can make a choice based on their needs and budget. Each cover is priced separately while the customer can work out the cost using the online calculator provided. The company has also made the product more accessible for the insuring public as there are now various product purchase channels available to consumers.”

    He stressed that the launch of these products, further reinforce their commitment to excellence in customer service.

    Managing Director, Wapic Life, Niyi Onifade further explained that Group Life Insurance product is a compulsory class of cover for all employers with three or more employees.

    He said with this in mind, the life business, Wapic Life Assurance Limited, had similarly revamped this product to meet the needs of employers through simplified documentation, seamless payment process and enjoyable claim settlement for the benefit of their employees

  • Between motor park touts and statesmen

    The holiday has been refreshing for me and I hope it is same for my precious readers, to whom I wish a prosperous New Year. For me
    the Christmas break was as always, a time to touch base with my local community,and spend quality time, with loved ones in the village. It is also a time to attend meetings at the umunna. At such meetings, decisions are democratically reached, and except you have shown fidelity with the people over time, your status in the metropolis, counts for little. Again, it is a time to exert the provision of section 34[2][e][i]of the 1999 constitution, that “normal communal or other civic obligations for the well-being of the community” does not constitute “forced or compulsory labour”, which is forbidden by the constitution.

    But while on the revelry, I followed developments on the rambunctious scenes of politics. Among the combatants, the most memorable is the exchange between President Goodluck Jonathan and his mentor and former President, Olusegun Obasanjo. For Gen.Obasanjo, President Jonathan is a spendthrift, and invariably the only way to keep his finicky finger from the commonwealth, is to vote him out. For effect, Obasanjo reminds Nigerians that he is still a member of the Peoples Democratic Party [PDP]; but while he is willing to die for Nigeria, he will not die for PDP.

    President Jonathan who has been accused of cowardice in dealing with the Obasanjo menace, charged back at the former President, when he opened his re-election campaign in Lagos, last week. Even when he did not name names, we all knew that his umbrage, was an answer to the many humiliations he had suffered from the tongue of Obasanjo; when he referred to the former President and his ilk [high office holders], as mere “motor park touts”, who despite their best efforts will never amount to the status of statesmen.With the exchange, it was as if the two were ready to finally part ways, but no, Obasanjo last Saturday turned up at the wedding ceremony of the daughter of the President, in Abuja.

    But the words have been uttered by the President, that many high office holders, past and present no doubt, are mere ‘motor park touts’. That group of persons in common parlanceare referred to as ‘agberos’; and it is an accepted fact among the transport workers and passengers, that‘nothing concern agbero with overload’. Considering that the agbero is charged with loading public vehicles with passengers and goods, his incipient lack of interest in ensuring that the vehicle is appropriately loaded, constitute a danger to the vehicle owner and the passenger.

    The implication is manifold. It means among several other facts that the vehicle owner and the passenger must be wary of the agbero, considering that the agbero’s interest is merely limited to the immediate gains accruable to him for loading the vehicle. For the vehicle owner, the life and well-being of the vehicle is at the mercy of the agbero. For instance, the agberowill likely concentrate on the stipends paid to him for every load and every passenger, and recklessly overload the vehicle to the peril of the owner, whose investment is at risk. I guess that Nigerians, made up of past, present and future nationals, constitute the vehicle owners, and they have been forewarnedto be observant,by the President.

    The passengerson their own path, are even more exposed to greater danger, as their precious lives, limbsand personal effects are exposed, and could be imperilled as a result of the malicious conduct of the agbero.So the passengers must watch out, when the agbero is selling travel tickets, to ensure that the vehicle is not loaded with more passengers than it is designed to carry. The passenger must not rely on the smooth talking agbero, who most probably will give the impression that the vehicle is in the best state, even when the vehicle is rickety and obviously not road worthy. Again, using President Jonathan’s averment, Nigerians who are the passengers, should be on the lookout, to starve any impairment to their lives, limbs and property, as the agbero load the vehicle in 2015.

     

    Congratulations Ogwugwu Ebenebe, Ogbakokpo

    Part of the revelry of the Christmas break, came from the first Ofala festival of His Royal Highness Igwe Tom Anieheobu Inyiama, Ogwugwu Ebenebe 1 of Ogwofia Owa.Igwe Inyiama who ascended the throne of our forebears in 2003, revelled in pomp and pageantry, as the Ogwofia Owa people relished their customs and traditions, while paying homage to his Majesty. As part of the celebration,some distinguished sons and daughters of Ogwofia Owa, with a few friends and well-wishers were conferred with chieftaincy titles.

    Among the select few, was Chief Christopher Maduabuchi Okafor and his wife Nono Ann Okafor, who were conferred with the chieftaincy titles of Ogbakokpo and Nono Ogbakokpo, of Ogwofia Owa, at the colourful Ofala festival on the 3rd of January, 2015.

    Chief Okafor whoretired as a Deputy Director of Central Bank of Nigeria, in 2011, was celebrated and recognised for his outstanding achievement as an internationally acclaimed statistician and a community leader and philanthropist. Ogbakokpo and his Nono belong to the famous Okafor dynasty, of Amofia, Ogwofia Owa, whose titular head is Professor [Chief] Richard C. Okafor, Ogbueshu-Ugobelunoji,with his amiable wife, Dr. [Mrs] Cecilia Okafor, Nono Ogbueshu-Ugobelunoji.

    While congratulating all the newly installed chiefs, many of whom are well accomplished, may I wish Ogwugwu Ebenebe many more years on the throne. It is my earnest hope that his long reign will bring greater prosperity and more development to our people.

     

     

  • Council destroys shanties at Jabi Motor Park

    Council destroys shanties at Jabi Motor Park

    The Abuja Municipal Area Council (AMAC) has demolished illegal structures at the popular Jabi Motor Park. The demolition exercise aimed at preparing the park for upgrading.

    Tagged: Pin down Operation, the exercise was supervised by the officers of Abuja Environmental Protection Board (AEPB), environmental health officers, the police, Navy and officials of AMAC.

    AMAC’s Head of Environmental Department, Hajiya Mamuma Abubakar, who led the team, said “the demolition exercise became necessary because the area was originally meant to be a motor park but building materials, scavengers, mechanics and other illegal activities have turned it to something else.”

    According to Abubakar, the AMAC authority believes that the purpose for which Jabi Park was built is not being realised. That was why the council felt that it was necessary for it to demolish the shanties, saying that the council is ready to upgrade the park to a standard motor park.

    While assuring that the demolition of shanties would continue in other motor parks across the area council, Abubakar also said those whose shanties were demolished were adequately informed.

    “For the past two months, we have served them notice to quit; we created a lot of awareness and the necessity for them to move out of this place because the park has been overtaken by all manner of people, thereby making the purpose for which the park was established unrealisable.

    “The chairman of AMAC has also invited them to his office for a meeting which we held with them during which the chairman properly briefed them.

    “Again, before you tell somebody to park out, you must have provided an alternative. A place has been provided for them in Waro to enable them to carry out their operations but they refused,” she said.

    One of the victims of the demolition exercise, Muhammed Idris, told our correspondent that AMAC had notified them of the exercise, even as he complained that most of them lost their working tools in the exercise.