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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MOST OF SUCCESSFUL NIGERIAN FEMALE ARTISTES MANAGED BY BOYFRIENDS- RAPPER MAGNITO. (PHOTO).

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Most of successful Nigerian female artistes managed by boyfriends - Rapper Magnito


Popular rapper, Mohammed Usman Adamu,popularly known as Magnito, has noted that the majority of successful female artistes in Nigeria are being managed by their boyfriends.

According to Magnito, this has become a prevailing trend in the Nigerian music industry, but fans remain unaware due to these artists keeping their relationships private.

The ‘Canada’ crooner made these statements during the latest episode of the Terms And Conditions podcast.

Magnito emphasized that despite not being publicized, many of these female artistes are indeed managed by their boyfriends, inviting listeners to verify by calling out any name.

“Most of the successful female artistes you see, the person managing them is their boyfriend. They might not put it in the public. But most of them… Call any name.”

His assertion sparked a range of reactions on social media, with some agreeing while others criticized him for making generalizations.

 

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