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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FUT MINNA GETS NEW DVC AND PROMOTES 14 PROFESSORS.(PHOTO).

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FUT MINNA GETS NEW DVC AND PROMOTES 14 PROFESSORS.


Appointments and Promotions Committee of the Federal University of Technology FUT Minna Niger state has confirmed the appointment of Prof Abdullahi Mohammed as new Deputy Vice Chancellor Academics.

The appointment of Prof Abdullahi Mohammed is contained in a statement issued to Newsmen in Minna by the university‘s spokeswoman, Lydia Legbo, after the confirmation from the committee.

According to her the confirmation was made at the committee‘s eighty seventh meeting held at the Senate Chamber, Main Campus of the university at Gidan Kwano, Minna.

She however explained that the appointment was sequel to the selection process of the University Senate that was selected during its four hundred and eightieth regular meeting of the University.

The statement further said that the new Deputy Vice Chancellor started at the University as Assistant lecturer and Rose to the rank of a professor of Civil Engineering.

Until his new appointment he was the Director, Academic Planning and Corporate member of Nigerian Society of Engineers and has published over fifty national and international journals in his career.

Also approved by the committee are the promotion of fourteen new professors and nineteen associate professors of Federal University of Technology Minna. 

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