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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BY 2050 THE NUMBER OF PEOPLE IN NIGERIA WILL BE DOUBLE & ROUGHLY 350 MILLION.-DAVID YOUNG.

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                     A speech delivered yesterday 11th of October 2016,by Charge d' Affaires David Young at the US Embassy Abuja,to Mark the International day for the Girl Child.In one paragraph from David's speech,he said ''When we think of the future of Nigeria,this is especially important.Think for a moment,Nigeria's population is growing rapidly.Currently there are roughly 180 million people in the country.By 2050 the number of people is expected to grow to roughly double,to some 350 million people.Half of these are female.What are we doing to make a better future for girls who we want to grow up to be the women of Nigeria tomorrow?.Then in another paragraph he said ''We need to help girls across this country,from all walks of life,not only in crisis.They need the opportunity to grow up safe and healthy,free from violence and abuse.They need the chance to be educated,to make decisions for themselves about their destinies,what they want to do in life,who they want to love,how they will live,and what they will believe''.More photos below.

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