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 GREETS AGUMA BASSA, BENIN, BAKO EBIREDELU DOGWO AT 58 .(PHOTO).#PRESS RELEASE.

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PRESIDENT BUHARI GREETS AGUMA BASSA, BENIN, BAKO EBIREDELU DOGWO AT 58

 


President Muhammadu Buhari rejoices with His Royal Highness (HRH), Alhaji Bako Ebiredelu Dogwo, Aguma Bassa, Benin, on his 58th birthday, March 20, 2023, rejoicing with the royal father for service to his people and nation.

 

President Buhari recalls the invaluable contributions of the traditional ruler, who is the Coordinator General, Bassa Traditional Rulers and Elites, to peace, development and prosperity of his domain, particularly the attention to civic responsibilities, education and entrepreneurship.

 

As the Aguma Bassa turns 58, the President lauds his dedication, and commitment to his domain and the entire country, saluting his passion particularly for agriculture and support for the ‘Grow what we eat,’ and ‘Eat what we grow’ policy of the Federal Government.

 

President Buhari prays for the wellbeing of the royal father.

 

Femi Adesina

Special Adviser to the President

(Media & Publicity)

March 19, 2023.

 

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