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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COVID-19: LAGOS MEDICAL GUILD 'UNIFEMGA DONATES PPE TO LASUTH.{PHOTOS}.#PRESS RELEASE.

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    The Lagos Medical Guild and Humanitarian Committee of Obafemi Awolowo University Muslim Graduates Association (UNIFEMGA) have donated some Personal Protective Equipment (PPE) to the management of the Lagos State University Teaching Hospital (LASUTH), Ikeja.
Receiving the donated items on behalf of LASUTH, the Chief Medical Director, Prof. Adetokunbo O. Fabamwo described the gesture as high level of thoughtfulness, stressing that doctors are in urgent need of PPE, being frontline workers in the fight against the ravaging disease in the State.
He commended the Medical Guild and UNIFEMGA for tasking themselves to donate the essential items, which would be useful to health workers in the fight against the spread of the Coronavirus disease in Lagos.
The CMD, therefore, expressed the appreciation of the Hospital Management to the Medical Guild and Students’ Association for their support and humanitarian gesture in lending a helping hand to health workers at this crucial period.
Earlier, the donors noted that the items are a token of their support to the hospital and frontline health workers in their determined efforts to curb the spread of the global pandemic.
Some of the items donated include surgical facemasks, face shields, disposable coats, hydrogen peroxide, hand sanitisers and dispensers, among others.One more photo below.
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