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...

MURTALA AJAKA AND USMAN ODODO EMERGES AS KEY CONTENDERS IN KOGI'S GUBERNATORIAL TWO-HORSERACE-TOM OHIIKERE.(PHOTO).




 Murtala Ajaka and Usman Ododo Emerge as Key Contenders in Kogi's Gubernatorial Two-Horse Race— Tom Ohikere 


As the clock ticks down to the highly anticipated governorship election in Kogi state, political enthusiasts are bracing for a riveting two-horse race. Scheduled alongside elections in Bayelsa and Imo states, the Kogi poll stands out, devoid of an incumbent seeking reelection after the completion of Governor Yahaya Bello's constitutionally mandated two terms.


With around twelve candidates vying for the coveted position, the focus narrows down to four prominent contenders: Alhaji Ahmed Usman Ododo (APC), Alhaji Murtala Yakubu Ajaka (SDP), Senator Dino Melaye (PDP), and Honourable Elder Leke Abejide (ADC). Each brings a unique background to the race, with Ododo, a former auditor general of local government, enjoying the backing of the ruling APC. Ajaka, a former deputy national publicity secretary of the APC, is the SDP flagbearer, while Melaye, a former senator and spokesperson of the PDP’s 2023 presidential campaign, aims for the governorship. Abejide, a sitting House of Representatives member, represents the ADC.


Despite the formidable campaign efforts of the PDP and the ADC, many observers believe the real contest lies between the APC and the SDP candidates. Ododo, a protégé of the outgoing governor, carries the momentum of the ruling party, while Ajaka, with his APC background, stands as a strong contender for the SDP.


While acknowledging Melaye's charisma and administrative prowess, concerns linger over the complexities of the political landscape in Kogi West, his senatorial district, posing potential challenges to his prospects in this two-horse race. As the state braces for the electoral showdown, only time will reveal the political trajectory that Kogi will embark upon under its new leadership.

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