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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KOGI GOVERNOR YAHAYA BELLO GIFTS VEHICLES TO JUDGES, LAWMAKERS. (PHOTOS).

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 Kogi Governor  Yahaya Bello Gifts Vehicles To Judges, Lawmakers 


The Kogi State Governor, Yahaya Bello on Friday distributed several vehicles in different brands, makes and categories to lawmakers and judges in the state.


The Governor also gave out 25 ambulances to local governments and three brand new Fire Fighting Vans to the state’s Fire Service in Lokoja.


Naija News understands the Speaker of the State House of Assembly, Umar Yusuf, got a Jeep and two supporting cars while his deputy, majority leader and other 22 members got one vehicle each.


Similarly, nine cars were presented to the judiciary for distribution to judges.


Governor Bello told the beneficiaries during a ceremony at the Muhammadu Buhari Square, Lokoja that the gesture is to encourage them to do better in serving the state in their various positions.


He also appreciated them for their hard work and commitment to the state so far.


A breakdown of the 25 ambulances distributed shows that each of the 21 LGAs would have one for their Primary Health Care Centres (PHCs), while three would go to the three Referral Hospitals in the three senatorial districts as well as one to Kogi Specialist Hospital.

One more photo below. 

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