ATIKU MUST EXPLAIN THE LEGAL AND FISCAL BASIS OF HIS PETROL SUBSIDY PROPOSAL. (PHOTO). #PRESS RELEASE.

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 APC PRESIDENTIAL CAMPAIGN COUNCIL PRESS STATEMENT ATIKU MUST EXPLAIN THE LEGAL AND FISCAL BASIS OF HIS PETROL SUBSIDY PROPOSAL At his press conference in Abuja on Friday, Alhaji Atiku Abubakar reiterated his proposed  “production subsidy” for locally refined petrol, which he said would reduce pump prices. He went further to ask President Bola Tinubu to slash the cost of diesel and petrol at the pump. That proposal raises important legal, fiscal and practical questions that he must answer. Section 205(1) of the Petroleum Industry Act 2021 provides that unrestricted free-market conditions shall determine wholesale and retail prices of petroleum products. The Nigerian Midstream and Downstream Petroleum Regulatory Authority, in a statement on Saturday, explained that it neither fixes pump prices nor issues administrative price templates, except where the statutory conditions for intervention are met. The PIA provisions guide its function.  At the moment, “No such market fail...
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LAUREN HILLS OUTFIT TO HER GIG IN NEW YORK.

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She's back! Lauryn Hill was back to fighting form at a concert in NY on Sunday following her recent prison stint          Lauren Hill,38 years old,was released from prison in October after serving a three month sentence for tax evasion and now she appears to be back.She dresses in a stylish fake coat,rubber hair piece and blowing pants as she gave it her all during a concert at the Paramount in Huntington ,New York on sunday night.She was imprisoned for failing to pay her taxes on $1.7million worth of income.She appeared to be in good spirit as she sings confidently into the microphone and gently rocking to the music.More pictures below.                                                                                                            Cute touch: The former Fugees singer wore a plastic bow in her hair and added a slick of red lipstickTour reprieve: Lauryn, shown in a June 2012 mugshot released by the U.S. Marshals Service, was allowed to leave her three-month home detention as part of her sentence for tax evasion to go on tourTalented trio: Pras Michel, Lauryn and Wyclef Jeans of the Fugees are shown in June 2005 in Los Angeles

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