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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NEW LASTMA BOSS CAUTIONS PERSONNEL TO BE CIVIL,SHOW EMPATHY AND SHUN CORRUPTION ON THE ROAD.(PHOTOS).#PRESS RELEASE

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PRESS RELEASE

NEW LASTMA BOSS CAUTIONS PERSONNEL TO BE CIVIL,SHOW EMPATHY AND SHUN CORRUPTION ON THE ROAD.


The newly appointed Acting General Manager of the Lagos State Traffic Management Authority (LASTMA) Mr. Bakare Oki Olalekan over the weekend cautioned personnel of the Agency to be civil, demonstrate empathy and shun corruption in whatever guise while discharging their statutory duties on the road.

Mr. Oki disclosed this at Oshodi while speaking to Lastma Comptrollers, Commander and Zebras on his new vision and mission for the Agency.

The new Acting General Manager said it is a new dawn for traffic management in the State as the Agency would go all out to ensure that commuters have seamless experience traveling across the State.

Mr. Oki said he would not condone corruption or bribe-taking by any official, charging them to be civil when contravening traffic offenders.

"The public expect a corrupt-free LASTMA that will not be collecting bribes; therefore, you should be respectful and courteous even when you are apprehending an offender"

“Motorists want LASTMA that is decent and neat; we won't tolerate laziness and lateness of our officers to their various duty posts"

He stressed that the new administration would carry out major re-organisation around the Provost/Surveillance Department for effective and efficient monitoring of activities of LASTMA personnel while on duty. 

"We would ensure a conducive working environment, provide elaborate training schemes for our officers to meet up with International standard and best practices in traffic management"

While assuring of government commitment to the safety, welfare and right of personnel on duty, Mr. Oki warned motoring public particularly commercial bus drivers to always obey traffic regulations as stipulated in the Lagos State Transport Sector Reform Law 2018 (as amended)

Responding on behalf of LASTMA personnel, the Director of Operations Mr. Peter Gbejemede welcomed the new Acting General Manager and promised adequate loyalty to the new government.

Adebayo Taofiq
Director, Public Affairs and Enlightenment Department of LASTMA
One more photo below. 

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