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. AKEREDOLU'S WIFE SHARED PHOTOS FROM THE HOSPITAL TO CELEBRATE HER HUSBAND'S 67TH BIRTHDAY. (PHOTOS).

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Ondo first lady, Betty Anyanwu-Akeredolu, shares photo of Gov Akeredolu in the hospital as he celebrates his 67th birthday


The first lady of Ondo state, Betty Anyanwu-Akeredolu, has shared a picture with her husband, Governor Oluwarotimi Akeredolu, to celebrate his 67th birthday today July 21. Posting the photo on her Facebook page, she wrote


“Aketi dey kampe!   . Victory for us!”


Governor Akeredolu has been out of the State since June, when he embarked on medical leave. Earlier trhis month, he wrote a letter to members of the state House of Assembly asking for an indefinite extension of the medical leave.

One more photo below. 

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