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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42 MORE COVID-19 PATIENTS DISCHARGED FROM ISOLATION TODAY.{PHOTOS}.#PRESS RELEASE.

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     Good people of Lagos,
42 more persons; 22 males and 20 females, all Nigerians have been discharged from our Isolation facilities today to reunite with the society.
The patients, 32 from Eti-Osa (Landmark), 8 from Lekki and 2 from Onikan Isolation centres were discharged having fully recovered and tested negative to COVID-19 in two consecutive readings.
This brings to 448, the number of COVID19 confirmed cases that have been successfully managed and discharged in Lagos State Isolation facilities.One more photo below.
No photo description available.

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