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The President, Nigerian Association for Energy Economics (NAEE), Prof. Adeola Adenikinju has called for the review of the Electric Power Sector Reform (ESPR) Act 2005.
Adenikinju made the call when he briefed newsmen on the 7th NAEE/International Association for Energy Economics (IAEE) international conference slated for Feb. 16 and Feb. 18 in Abuja.
According to him, the review of the Act will enable the government to achieve its objective of transforming the electricity sector.
“ESPR Act is due for review because it is almost a decade that it has been passed.
“After the passage of the Act there are challenges that have occurred, there are many unexpected development that have taken place in Nigeria and across the world.
“The Act needs to be retouched and to take on board the federal nature of power.
“Some governors have been complaining that when they generate power, they are compelled by the Act to send it to the grid when they are yet to supply their people,” he said.
He said that if the Act was reviewed, it would address some of the enumerated challenges.
The president said the theme of the proposed conference is: “Energy Access and Economic Development: Policies, Institutional Framework and Strategic options’’.
He said the conference would focus on energy access to the realisation of the Millennium Development Goals.
According to him, the conference will dwell on the aspiration of Sub Saharan African countries to achieve massive reduction in unemployment, poverty and to boost social and economic development across the continent.
The conference would also focus on how to bridge the gap between the Africa continent and other parts of the world, he said.
Adekiniju, who deplored the unjust distribution of electricity between the rural areas and urban centres, said the conference would review the status of energy access across African countries and within specific countries.
He said the conference would investigate the factors impacting on energy access, discuss success case studies from other parts of the world within parts of Africa.
According to him, the conference will also proffer technological, economic, legal and institutional options, among others, for boosting energy access in Africa.
He said that the conference would attract delegates from within and outside Nigeria with about 90 technical papers to be delivered by professionals in the sector.
He said participants would be exposed to both theoretical and practical expositions on various issues around the topic.

DENNIS NAKU, Port Harcourt

A businessman in Aba, Abia State, Mr. Lawrence Okafor has rewarded with a KIA Piccanto car after he emerged Grand Prize winner of the just concluded nationwide ‘Canoe Double Awoof’ organized by PZ Cussons Nigeria PLC.
Customer Marketing Director of PZ Cussons, Mr. Bamidele Edward said that the essence of the 10 weeks promo was to appreciate customers like Okafor and others for their continued patronage on the company’s products especially Canoe detergent in the 2013.

Stories by PATRICK ONUOHA

Nigerian Breweries, a leading player in the beer and non-alcoholic sector has invaded the beer market with its first ever RTD drink, “ACE”.The company, at a trade briefing held in Lagos and Port Harcourt, recently, unveiled the “Passion Apple Spark” variant of the sparkling alcoholic drink and assured the media and its key distributors that the drink would go a long way in satisfying consumers.     According to the Marketing Director, Nigerian Breweries, Mr Walter Drenth, who spoke at the Lagos event, ACE  is a groundbreaking creation from the company with the interest of focussing on young aspiring and daring youths who want to live the good life within their means.He said:

In a bid to make this yuletide season a memorable one for its ever growing loyal customers, Microsoft Mobile Devices has made good its promise of rewarding customers who emerged winners in its 12 Days of Christmas MakeIthappen Lumia Promotion. The company redeemed its pledge this  December, when it presented the keys to the first 3 winners who emerged after a raffle draw, held at the company’s head office in Lagos.

Stories by PATRICK ONUOHA

Miss Wendy Tlou, Chief Marketing Officer, Brand South Africa has said one of the keys to a successful nation branding initiative is to separate it from the government communication programme.
Speaking as the guest speaker at this year’s Public Relations Consultants Association of Nigeria (PRCAN) Annual Public Relations Gold Medal Lecture themed: “Destination Marketing: A Case Study of The South Africa Experience” in Lagos, Tlou said the inability to separate the two distinct functions could hamper the progress of a nation brand building project.

Origin, the iconic drink from the stables of Guinness Nigeria  Plc recently received the blessing of the Royal Father when top management of the company and the consonance with their marketing drive to  further promote the drink as a drink of heritage among Nigerians paid homage to the Palace of Oba of lagos, His Royal Majesty Oba Rilwan Akiolu.

Executives from Japan’s Takata Corp and two automakers will face tough questions from U.S. senators on Thursday over the risk of millions of potentially defective air bags that can rupture upon deployment, shooting metal shards into cars.
Automakers, regulators and Takata – which supplies one in five air bags globally – have yet to pinpoint why these air bags are at risk. One theory is that moisture in humid climates can make the air bag inflator’s chemical mix more volatile, even years after installation.

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