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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GOV. SANWO-OLU AT THE COMMEMORATION OF COMPLETION FOR THE FIRST PHASE OF LAGOS RAIL MASS TRANSIT BLUE LINE AT THE NATIONAL THEATRE BLUE LINE STATION,IGANMU TODAY.(PHOTOS).#PRESS RELEASE.

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PICTURES: GOV. BABAJIDE SANWO-OLU AT THE COMMEMORATION OF COMPLETION FOR THE FIRST PHASE OF LAGOS RAIL MASS TRANSIT (LRMT) BLUE LINE (MARINA TO MILE 2), AT THE NATIONAL THEATRE BLUE LINE STATION, IGANMU, ON WEDNESDAY, 21ST DECEMBER 2022


PIX 1: The Blue Rail Line inaugurated by Lagos State Governor, Mr Babajide Sanwo-Olu during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022. Inset L-R: The Speaker, Lagos State House of Assembly, Rt Hon Mudashiru Obasa; Deputy Governor, Dr Obafemi Hamzat; Governor Babajide Sanwo-Olu and Managing Director, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo during the ceremony.


PIX 2: The Blue Rail Line inaugurated by Lagos State Governor, Mr Babajide Sanwo-Olu during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022. Inset L-R: Lagos State Deputy Governor, Dr Obafemi Hamzat, Governor Babajide Sanwo-Olu and Speaker of the State Assembly, Rt Hon Mudashiru Obasa in the Train during the ceremony.


PIX 3: The Blue Rail Line inaugurated by Lagos State Governor, Mr Babajide Sanwo-Olu during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022.


PIX 4: Lagos State Governor, Mr Babajide Sanwo-Olu on a ride on the Blue Line Rail during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022.


PIX 5: Lagos State Governor, Mr Babajide Sanwo-Olu (second right) fielding questions from government house correspondents during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2); at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022. With him from right: Deputy Governor, Dr Obafemi Hamzat; Speaker of the State Assembly, Rt Hon Mudashiru Obasa (behind governor); Managing Director, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo; Special Adviser to the Governor on Transportation, Hon Sola Giwa and Commissioner for Information and Strategy, Mr Gbenga Omotoso.  


PIX 6 R-L: Lagos State Deputy Governor, Dr Obafemi Hamzat; Governor Babajide Sanwo-Olu and Speaker of the State Assembly, Rt Hon Mudashiru Obasa during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022.


PIX 7 L-R: The Speaker, Lagos State House of Assembly, Rt Hon Mudashiru Obasa; Deputy Governor, Dr Obafemi Hamzat; the State Governor, Mr Babajide Sanwo-Olu; Managing Director, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo and an official of the China Civil Engineering Construction Corporation (CCECC) display the E-ticketing system - Cowry card, during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022.


PIX 8 L-R: Lagos State Governor, Mr Babajide Sanwo-Olu (middle) flanked by his deputy, Dr Obafemi Hamzat (right); Managing Director, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo (left) followed by the Commissioner for Transportation, Dr Frederic Oladeinde and others, during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022.


PIX 9 L-R: Lagos State Deputy Governor, Dr Obafemi Hamzat; Managing Director, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo; Governor Babajide Sanwo-Olu and Speaker of the State Assembly, Rt Hon Mudashiru Obasa, during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022.


PIX 10 L-R: The Speaker, Lagos State House of Assembly, Rt Hon Mudashiru Obasa; Deputy Governor, Dr Obafemi Hamzat; the State Governor, Mr Babajide Sanwo-Olu and Managing Director, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022.


PIX 11 R-L: Managing Director, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abimbola Akinajo;  Lagos State Governor, Mr Babajide Sanwo-Olu; his deputy, Dr Obafemi Hamzat; Speaker of the State Assembly, Rt Hon Mudashiru Obasa and the Consul General of China in Lagos, Mr. Chu Maoming, during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022.


PIX 12/13: Lagos State Governor, Mr Babajide Sanwo-Olu addressing dignitaries and stakeholders during the commemoration of completion ceremony for the First Phase of Lagos Rail Mass Transit Blue Line (Marina – Mile 2), at the National Theatre Blue line station, Iganmu, on Wednesday, 21 December 2022.


More photos below. 













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