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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I COINED AFROBEATS- ICE PRINCE. (PHOTO).

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I coined Afrobeats – Ice Prince

Nigerian rapper, Panshak Henry Zamani, popularly known as Ice Prince, has claimed that his 2011 song ‘Oleku’ featuring Brymo is the first song to be categorised as “Afrobeats.”

He said he and his team decided to add an “s” to Afrobeat, which was created by Fela Kuti to give an identity to their new sound when they were sending ‘Oleku’ to international radio stations.

The rapper explained that Ghanaian-British disk jockey, DJ Abrante is widely credited for coining Afrobeats because he was the one who playlisted ‘Oleku,’ stressing that the DJ used the tag Afrobeats on the directive of him and his team.

Speaking in a recent interview with Echoo Room, Ice Prince said: “‘Oleku’ was one of the first songs to be playlisted on BBC Radio. One of the first Afrobeats songs to be playlisted. And at that time, they [foreign DJs] didn’t know what to call our music and they couldn’t call it Afrobeat. So, we [I and my team] told them to put an ‘s’ it to make it Afrobeats.

“Check the history, ‘Oleku’ was the first Afrobeats record. Because they have to label it on a radio station, that was why we put the ‘s.’ If not tell me who came up with the ‘s’ at the end? A lot of people said it is credited to DJ Abrante, but guess what? Abrante was the one that playlisted the song ‘Oleku.’ That’s my own claim o!”

 

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