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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LUPITA NYONG'O COVERS VOGUE MAGAZINE,JULY ISSUE.

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Starring on her first Vogue cover, 31-year-old Lupita Nyong'o opens about losing her anonymity and what it really takes to navigate the 'war zone' that is the red carpet               This is her first Vogue cover and 31 year old Kenya actress who was born in Mexico opens up to the magazine about losing her anonymity and what it really takes to navigate the war zone that is the red carpet.Lupita said ''for a split secord,i looked behind me to see who they were flashing at and it was me,that was,i think,the beginning of the end of my anonymity.Everyone said brace yourself Lupita,i didn't really understand what they ment and it was only once it was past that i realized that my body had been holding on by a thread to get through this very intense experience.Nothing can prepare you for awards season.The red carpet feels like a war zone,except you cannot fly or fight,you just have to stand there and take it''.More photos below.                                                                                                                                                  With the help of her stylist, Micaela Erlanger, Lupita has gone from a theater student at Yale to a Oscar-winning read carpet favorite; pictured wearing Ralph Lauren at the Golden Globes (left) and Prada at the Oscars (right)With the help of her stylist, Micaela Erlanger, Lupita has gone from a theater student at Yale to a Oscar-winning read carpet favorite; pictured wearing Ralph Lauren at the Golden Globes (left) and Prada at the Oscars (right)                            Lupita Nyong'o quickly gained fashion icon status thanks to her daring red carpet choices; pictured wearing Fausto Puglisi at the 2014 Maui Film Festival (left) and Prada the Met Ball (right)Lupita Nyong'o quickly gained fashion icon status thanks to her daring red carpet choices; pictured wearing Fausto Puglisi at the 2014 Maui Film Festival (left) and Prada the Met Ball (right)

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