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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SIT AT HOME: GOVERNMENT HAS NOT AUTHORISED ANY PUBLIC HOLIDAY OR SIT AT HOME- IMO STATE GOVT.(PHOTO).#PRESS RELEASE.

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Imo State Government Special Announcement

This is to inform all indigenes and residents of imo state that  Government has not authorised any public holiday or sit at home across the state,either today, Monday,March 21,2022 or any other working day 

Consequently, everyone is advised to go about his or her normal duties.

Civil servants are particularly advised to ensure that they are in their offices discharging their responsibilities. Those who abstain from duty without authorisation will be sanctioned accordingly 

Government hereby assures all indigenes and residents of adequate security as they go about their lawful activities.

Hon Declan Emelumba
Commissioner for Information and Strategy.



 

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