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...

PRESIDENT BUHARI MOURNS FIRST FEMALE COMBAT HELICOPTER PILOT, TOLULOPE AROTILE.{PHOTOS}.#PRESS RELEASE.

President Buhari mourns first female Combat Helicopter Pilot ...
    President Muhammadu Buhari received with deep pain the passing of Flying Officer, Tolulope Arotile, condoling with the family on loss of such a promising officer, whose short stay on earth impacted greatly on the nation, especially in peace and security.
The President salutes Arotile's bravery in the field to protect the country from onslaught of bandits and terrorists, assuring that her memory will be indelible, and her efforts remembered.
President Buhari commiserates with the Nigerian Air Force, airmen, airwomen and all friends of the deceased, recalling her deft skills in manoeuvring combat helicopters, which he had physically witnessed with pride.
The President sympathises with government and people of Kogi State on the loss.
President Buhari prays that the Almighty God will receive the soul of the departed, and comfort the family she left behind.
Femi Adesina
Special Adviser to the President
(Media & Publicity)
July 15, 2020.
One More photo below.
PMB Mourns First Female Combat Helicopter Pilot, Tolulope Arotile ...

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