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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HISTORY MADE AS NATIONAL THEATRE HOSTS UNWTO CONFAB- LAI MOHAMMED. (PHOTOS).#PRESS RELEASE.

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PRESS RELEASE

History Made As National Theatre Hosts UNWTO Confab - Minister

The Minister of Information and Culture, Alhaji Lai Mohammed, has described as historic the hosting of the first United Nations World Tourism Organization (UNWTO) Global Conference on Linking Tourism, Culture and the Creative Industries at the National Theatre in Lagos.

The Minister made the remarks in Lagos on Monday at the opening of the Experts’ Workshops of the global conference. 

“Today we are witnessing the making of history in two very important ways. First is the fact that this is the first time the UNWTO would be bringing stakeholders in tourism, culture and the creative industries together at a single forum to deliberate on issues of common interest. Secondly, this is the first event to be held since the completion of phase 1 of the 100-million-dollar renovation of the iconic National Theatre. 

“It’s important to note that this is the first major renovation work on the National Theatre since it was built over 40 years ago. Many thanks to the Bankers’ Committee for this great job,” he said. 

Alhaji Mohammed said the global conference, which opened on Monday with two experts’ workshops on tourism and culture, as well as tourism and the creative industries, comes at a time that Nigeria and the world over are seeking for industries that can stimulate socio-economic recovery, alleviate poverty, mitigate the effects of climate change, accelerate job creation and inclusive development and foster international peace and cooperation.

“Within these premises, tourism, culture and the creative industries therefore present a huge potential to bridge this gap, especially at a time of great economic challenges the world over,” he said.

The highlight of the experts’ workshop was the discussion by the UNWTO Secretary General, Mr. Zurab Pololikashvili, and the Minister of Information, Alhaji Mohammed, with some primary school students on the importance of culture, tourism and the creative industries to national development.

Segun Adeyemi
Special Assistant to the President 
Office of the Minister of Information and Culture 
Lagos, 14 Nov 2022

First Picture: L-R:Gambian Minister of Culture and Tourism, Mr. Hamat Bah; Nigeria’s Minister of Information and Culture, Alhaji Lai Mohammed and the Secretary General of the United Nations World Tourism Organization (UNWTO), Mr. Zurab Pololikashvilli, at the opening of the Experts’ Workshops of the UNWTO Global Conference in Lagos on Monday.

Second Picture: Second Row: Second left: Secretary General of the United Nations World Tourism Organization (UNWTO), Mr. Zurab Pololikashvilli; Gambian Minister of Culture and Tourism, Mr. Hamat Bah; Nigeria’s Minister of Information and Culture, Alhaji Lai Mohammed and Togolese Minister of Tourism, Mrs. Memunatu Pratt after discussion with secondary school students on the role of culture and tourism in national development at the opening of Experts’ Workshops of the UNWTO Global Conference in Lagos on Monday.
More photos below. 



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