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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ADAMAWA STATE GOVERNOR APPROVES 1.3 PENSION PAYMENT.(PHOTO).#PRESS RELEASE

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GOV. AUF APPROVES 1.3 PENSION PAYMENT

Governor Ahmadu Umaru Fintiri Monday received the Fali and Mayo Bani communities of Mubi North local government area of Adamawa State on a solidarity to the Yola Government House.

During the visit, the Governor annoinced the release of the sum of 1.3 billion to settle Pension and gratuities of retired civil servants. 

He added that the Approval of feeder road construction from Mararraban Baza to Betso in Mubi North has also been approved to be executed through the Rural Access and Mobility Projects (RAMP).

He said his government will live no stone unturned towards protecting the lives and property of the citizenry reassuring the people of his administration's commitment to take Adamawa to greater heights. 

Earlier, in their separate contributions the Chairman Fali/Mayobani elders forum, Yarima Pius Shigri and Mr Gobi Waba thanked Governor Fintiri for the projects executed in Mubi local government area and for appointing Sons and daughters of the area in his government. 

They equally congratulated him for making his intention known to run for another term in office, promising to support his bid to return in 2023.
"We are ready to support you to continue the infrastructural and urban renewal development, employment, payment of gratuities and pension, WAEC, NECO among others".

Muhammad B. Tukur Gcfr 
New Media Aid to the Governor 

📷 Thomas Terry 
13th April 2022

 

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