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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GOV. WIKE INAUGURATES BOARD OF RIVERS STATE UNIVERSITY TEACHING HOSPITAL TODAY.{PHOTOS}.#PRESS RELEASE.

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     Rivers State Governor, Nyesom Ezenwo Wike has inaugurated the Board of the State University Teaching Hospital, with a charge to the members to develop a world class medical personnel training institution.
Inaugurating the Board at the Government House Port Harcourt on Friday, Governor Wike urged the members to bring their wealth of experience into building the teaching hospital.
He said: "I congratulate the members of the Board. You have made history as the pioneer members of this all-important board.
"As pioneer members, you have a duty of developing this teaching hospital from the scratch. We are doing our best to see that we give the best to our people".
He assured that the State Government will support the Board to ensure that it achieves its set objectives.
He said: "You have to promote team-work. This is important to achieve our goal of training quality doctors.
"Team work will consolidate the gains of setting up the Teaching Hospital and the college of Medical Sciences at the Rivers State University".
Governor Wike charged the Board members to commence work immediately, despite the Christmas Period.
Chairman of the Board of the Rivers State University Teaching Hospital, Dr Jonathan Nimi Hart assured the governor that the members will deliver in line with his directives.
He said that the Board has the capacity to develop a world class Teaching Hospital.
The Chairman urged the Rivers State Governor to fund the new Rivers State University Teaching Hospital for the transformation of the Braithwaite Memorial Special Hospital into a modern, well equipped training facility.
"You will not be disappointed by the membership of the Board. The teaching hospital is for service, learning and research. There is need for manpower development at the Rivers State University Teaching Hospital ", he said.
Simeon Nwakaudu,
Special Assistant to the Rivers State Governor, Electronic Media.
21 December, 2018.
One more photo below.
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