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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NWABALI IS PROOF- ENYEAMA CLEARS AIR ON PLACING 'CURSE' ON SUPER EAGLES. (PHOTO).

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 Nwabali is proof – Enyeama clears air on placing ‘curse’ on Super Eagles


Former Super Eagles goalkeeper, Vincent Enyeama, has claimed that the emergence of Stanley Nwabali as the new number one ends the superstition that he cursed the team.


Enyeama retired from international football after 101 caps for Nigeria, following a disagreement with the then-head coach, Sunday Oliseh.


Since his exit, the three-time African champions have struggled to replace him.


With Maduka Okoye not available for the 2023 Africa Cup of Nations and Francis Uzoho not convincing with his performances, coach Jose Peseiro called up Nwabali for the tournament.


Despite not playing any competitive game prior, Nwabali impressed as the team reached the final.


“I think Stanley (Nwabali) came in at the right time; for a long time, we have been clamouring for a goalkeeper,” Enyeama said.


“We didn’t readily have Okoye, and Uzoho had done well with the national team, but his form is unfortunate.


“I pray he continues in this good form and ends all the talks about me cursing the national team or casting a spell on the national team.


“I received a lot of nasty messages accusing me of all sorts, but thankfully, Stanley came in and helped change that narrative by breaking through the ranks.


“I didn’t curse the national team; if I had the power to do that, I could have currently changed the economic fortunes of Nigeria.”

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