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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'ALIA NOT FIT TO BE A LEADER'- BENUE REP, AGBESE REMOVES GOVERNOR'S PORTRAIT FROM OFFICE.(PHOTO).

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‘Alia not fit to be leader’ – Benue Rep, Agbese removes gov’s portriat from office

The Deputy spokesman of the House of Representatives, Philip Agbese has ordered the immediate removal of Governor Hyacinth Alia’s portrait from his office.

Agbese, who represents Ado/Okpokwu/Ogbadibo Federal Constituency of Benue State in the House of Representatives, said Alia is not fit to be a leader.

“Today, I’m removing the portrait of Alia from my office because he’s not fit to be our leader. He has no respect for democracy, no respect for the Constitution.”

Pointing to the portrait of the Secretary to the Government of the Federation, SGF, Gorge Akume in his office, Agbese said he is the leader of the All Progressives Congress, APC, in the state.

He described the SGF as a fair and just.

“He (Akume) remains the leader of the party and the father of the state, he’s a man of fairness, equity, and that’s why we love him, and he has earned his respect,” Agbese said.

This is coming against the backdrop of an alleged rift between Alia and Akume over political issues in the state.

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