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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MRS SANWO-OLU PAID COURTESY VISIT TO PATIENTS & FAMILY BLESSED WITH NEW BORN BABIES AT EPE GENERAL HOSPITAL.{PHOTOS}.

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     The wife of the governor of Lagos State Dr. Ibijoke Sanwo-Olu on sallah day paid courtesy visit to patients and families blessed with new babies at Epe General Hospital. Above is one of the Families Mr and Mrs Deborah Samuel being presented with gift items from the First Lady.One more photo below.
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