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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PRESIDENT BUHARI CONGRATULATES DR DOYIN OKUPE ON 70TH BIRTHDAY.(PHOTO).#PRESS RELEASE.

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PRESIDENT BUHARI CONGRATULATES DR DOYIN OKUPE ON 70TH BIRTHDAY

 
President Muhammadu Buhari sends warm greetings to Dr Doyin Okupe, former Special Assistant to the President, Media, 1999-2001 and Senior Special Assistant to the President, Public Affairs, 2012-2015, joining family and friends to celebrate with the medical doctor, who served the nation in many capacities.

President Buhari notes the worthy contributions of Dr Okupe to the political development of the country, setting out to contest election in the Second Republic at a young age, and working assiduously for the return of the country to full democracy.

The President believes Dr Okupe’s background as a medical doctor and former Managing Director of a private clinic, shaped his penchant for service, bringing a wealth of experience that keeps him active and relevant.

President Buhari prays that the publicist, publisher and democrat will thrive in good health, strength and more wisdom as he turns a septuagenarian.

 

Femi Adesina
Special Adviser to the President
(Media & Publicity)
March 21, 2022



 

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