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Showing posts with label oil. Show all posts
Showing posts with label oil. Show all posts

13 Nov 2012

Ubah: Court restrains Access Bank, Coscharis


Ubah: Court restrains Access Bank, Coscharis

•Adjourns till January 21
By LOUIS IBA Sun Newspaper
A Federal High Court in Lagos yesterday adjourned the suit filed by Capital Oil and Gas Ltd and its MD/CEO, Mr. Ifeanyi Patrick Ubah against Access Bank and Coscharis Motors Limited, to January 21, 2013.
Justice O.E Abang also restrained security agencies from harassing Mr. Ubah.
Coscharis Motors had earlier petitioned the Police that Capital Oil allegedly breached a joint venture bordering on importation and distribution of petroleum products.
According to Access Bank and Coscharis, the poor execution of the deal had resulted in the loss of over N21billion which was drawn as a credit from the bank with the Coscharis boss, Mr Cosmas Maduka being the guarantor.
The latest suit came up for hearing last week before Justice Abang. But the respondents were neither in court, just as there was no lawyer to represent them, even though they had been served with court summons.
Counsel to the applicants (Capital Oil), Mr. R. A. Lawal Rabana, (SAN), had said that he was in court to move the application, which was duly served on the defendants. Rabana said the Writ of Summons was served on the defendants much earlier with the application and motion and that the hearing notice of the motion was equally served on the first and second defendants on November 6 and 9 respectively.
He told the court that the defendants had seven days under the Rules of the Court to respond to the processes served on them, either positively or otherwise, adding that the seven days had elapsed.
The court, after confirming that the defendants were properly and duly served the originating court processes in respect of the application including the hearing notices and that the respondents were fully aware of the sitting of the court but they were absent and did not also send a lawyer or a letter to explain reasons for their absence, allowed the applicant’s counsel to move his application.
Addressing the court yesterday, Capital Oil’s lawyer informed that the respondents were moving at an alarming speed to deal with, and destroy the assets, properties and business interests of the applicants including third party assets and businesses, which have dealings with the applicants. He said that the respondents had arrested two ships carrying the goods and consignments of the applicants, adding that one of the ships was seized in South Africa while the other was impounded in Nigeria.
He alleged that the respondents were wreaking great havoc on the business interests of the applicants, and had even filed an action in an English court, which they now use as a basis to go after the assets of the applicants world-wide.
Rabana urged the court to give an order to preserve the res, otherwise, by the time they come back to the court, there would be nothing left for his client. Justice Abang granted the interlocutory order restraining the defendants, their agents, privies and or servants or any other body acting on the instructions of the defendants from interfering with the properties and businesses of the applicants pending the determination of the suit.
He also ordered the applicants to file an indemnity within 48 hours to indemnify the court in the event that the court ought not make this order or the order be found to be frivolous. Further hearing on the matter was fixed for January 21, 2013.

31 Oct 2012

Stretch Lines And Pregnancy Causes And Prevention

Stretch marks. Striae Gravidarum. The marks of pregnancy. Call them what you will. But they are the one thing that all women dread will occur as soon as they get pregnant. 



But what are stretch marks anyway? And why do they occur? 

Well, the reason lies in the anatomy of the skin. The skin has two layers – a thin upper layer called the epidermis, and a thicker, lower layer called the dermis. Scattered in the dermis are fine protein filaments called elastin that, like a piece of rubber band, are capable of stretching on being pulled. But just as a rubber band can stretch only so far and no further, these elastin fibres can also be stretched only to a certain extent. If stretched further, they snap. The increasing bulk of the uterus during pregnancy causes the skin to stretch to a great extent and the elastin fibres are torn. The torn elastin produces scars on the skin called Stria Gravidarum or stretch marks.

They occur on the lower abdomen of all pregnant women, right?

Well, right and wrong. They appear in most pregnant women, but not in all and not just on the lower abdomen. Stretch marks occur when the skin is stretched in a very short period of time, as in pregnancy or in obesity. They occur:



In the lower abdomen in pregnancy.

Along the sides of the breasts either in pregnancy or in obesity.

Upper thighs.

Occasionally even on the inner sides of the upper arms.



But can stretch marks be prevented?

Thankfully, the answer is yes, to a certain extent. Although some women are genetically prone to develop stretch marks, it has been noted that athletes and women accustomed to heavy, physical labour get very few or no stretch marks. This is regardless of whether their female relatives have stretch marks or not. The reason for this is that that these women have very well-developed and strong abdominal muscles. These muscles can easily take the weight of the growing uterus and prevent it from pressing forwards on the skin – rather like wearing a strong muscular belt under the skin. The skin is thus stretched less, less elastin fibres are damaged, and there are fewer stretch marks.

Again a supple, healthy, well moisturized skin is capable of stretching more without any lasting damage. So if a woman can strengthen her abdominal muscles and keep her skin healthy and supple, there is less chance of her developing stretch marks.

But how? How do I develop my muscles and keep my skin moisturized?

Gentle exercises for the abdominal muscles can be started as soon as pregnancy has been confirmed or even as pregnancy is being planned. 



Exercise 1 : Standing erect, raise both arms above the head. Bend forward slowly to touch your toes. Hold the position for a count of 100. Then slowly straighten up. Do this exercise at least once daily.

Exercise 2 : Standing erect, raise both arms above the head and clasp your hands. Now bend slowly to your left as far down as you feel comfortable. Hold for a count of 10. Straighten up slowly and then bend to your right. Hold to a count of 10. Straighten up. Exhale as you are bending and inhale while straightening up. This makes one set. Do at least 3 sets once daily.

Exercise 3 : Stand straight with feet about 12 inches apart. Place hands on your back at the waist. Slowly bend back, as far back as you feel comfortable. Hold to a count of 10. Straighten up. Now bend forward slowly, hold the position to a count of 10. Then straighten up. Exhale as you are bending and inhale while straightening up. This makes one set. Do at least 3 sets once daily.



These three exercises will strengthen the abdominal and back muscles as well as gently stretch the skin. They also improve the posture during pregnancy.

Caring for the skin : Keep the skin moisturized by applying oil – olive oil, coconut oil, almond oil or any good baby oil – thoroughly over the skin of the abdomen, hips and thighs. Massage it in with sweeping upward strokes. You can do this before you exercise so that the oil is properly absorbed as the skin is stretched during exercise. This will make the skin supple and healthy and capable of stretching without damaging the elastin fibres.
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A Good Diet : Take a good diet with lots of fresh fruits and vegetables and adequate liquids. And do not forget your daily vitamins. This will ensure a healthy and supple skin.

But what happens if the stretch marks have already occured? How do I get rid of them?

The good thing about stretch marks is that they fade over time. When they are first formed, they are reddish or purplish, but later they become thin silvery lines that may not be visible at first glance. The bad thing about stretch marks is that they can be removed permanently only by surgery. The elastin and collagen growth can be stimulated to some extent by cocoa butter, Vitamin E, wheat germ oil and lanolin. But to remove the marks completely, laser surgery, blue light therapy and other surgical treatments are the only options. Many creams and lotions available on the market also claim to be able to remove stretch marks but have yet to be medically proved.

Dynamo

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