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...

LIL KIM ARRIVES NEW YORK FASHION WEEK,HEAVILY PREGNANT.

It really IS a Big Momma Thang! Lil' Kim poses backstage at the The Blonds fashion show during MADE Fashion Week Fall 2014 in New York City           She surprised everybody when she arrived at the New york fashion week with a baby bump.She was carried by a burly body guard from her car,showing of her new body structure at the event in New york.Her friend Paris Hilton appeared to confirm the news as she posted a picture with the star and tweeted ''me and a very pregnant Lil Kim,congrats boo''.More pictures below.                               Handle with car! Kim was escorted by her bodyguard over a sleeted New York street to get her to the event carefullyHappy news: Kim certainly looked pleased with herself as she arrived showing off her new bumpFashion fans: Lil Kim and Paris Hilton checked out The BLONDS show from the front rowFront row fashion: Kim sent tongues wagging on Twitter after showing off her bump, sitting next to Paris Hilton on Wednesday eveningCatwoman outfit: A model at The Blonds show wore a sparkling suit resembling a catwoman outfitKnit wear: A model at The Blonds show wore a wild knit dressEye-catching outfits: Models presented the latest creations of The Blonds on the runwayEye-catching outfits: Models presented the latest creations of The Blonds on the runway

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