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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JIM IYKE PROPOSED TO NADIA BUARI

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Jim Iyke proposes to Nadia Buari with 6 carat diamond            These news of Jim Iyke proposing to Nadia has been a top secret because he wants people to see it first on his unscripted reality show.The fact still remains that during his European tour with Nadia,he knelt down on one knee in a restaurant in Barcelona,and he proposed to Nadia.May be in season three,it might be that Nadia and Jim wedded in secret.He proposed to her with a 6 carat diamond ring.Congrats ohhh.More picture below.                                                                                                                                                Jim Iyke proposes to Nadia BuariNadia-buari-engagement-ringJim-Iyke-and-Nadia-Buari-Spain                                                                       

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