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Red Star seeks early passage of budget, unveils promo


BudgetRed Star Express Plc said early passage of national budget would help operators in the real sector to put in-house measures in place for financial year operations, as well contribute meaningfully to the economic growth.

But in contrast, the company noted that delayed budget plan will always keep investments, both domestic and foreign, on the sidelines, as investors would only be speculating over the direction of the economy.

The Managing Director of the company, Sule Umar Bichi, while unveiling a 46-day promotion, which started yesterday to January 15, 2016, said early budget passage benefits the real sector and the economy at large.

According to him, every organisation involved in production, import and export, with huge numbers in its employ, would always want to know the direction of government at the beginning of each year to guide its own budget, but where that is not forthcoming, the fastest signal will be “uncertainty”.

He noted that the logistics industry would need the budget to plan its fleet operations, as the budget would outline government’s infrastructure development plans, which include road network and ports.

The loyalty promo tagged: “Pay Less, Ship More”, according to Bichi, is an effort to reinforce its customer relations.

Red Star, a licensee of FedEx, the world’s largest express transportation company, has become a premium logistics solution provider in terms of revenue, network coverage and market share in both domestic and international markets.

The managing Director of the company, Sule Umar Bichi, said the company that values its relationship with different stakeholders and is constantly looking for means to stay connected to them, in line with its corporate vision and mission.

Bichi, who said that logistics industry, which provides employment and contributes to the nation’s Gross Domestic Product, thrives on availability of infrastructure and called for government’s attention to that direction.

While emphasising on infrastructure needs, he noted that e-commerce transactions would leap in 2016, on the back of improved e-payment system in the country, which also calls for improved business strategy by sector operators.

Speaking on the dynamics of the promo, he said that every retail customer is entitled to a 50 per cent savings on transactions across Nigeria, during the forthcoming festive season.

“We intend to use this promo to appreciate and reward our customers for their patronage, strengthen the bond we share, stimulate trial by new customers, and create top of the mind awareness.

“We do not see our duty to serve and deliver quality services to them for their money as an obligation, but an honour and that is why we hold our customers at such high esteem.

“Red Star Express has enjoyed great loyalty from them and we think it’s time to reward them through a promo as we approach the holiday season,” he said.

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