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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MAY YUL-EDOCHIE SHARES PHOTOS/VIDEO FROM HER CONDOLENCE VISIT TO LATE JNR POPE’S WIFE. (PHOTO).

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 MAY YUL-EDOCHIE SHARES PHOTOS/VIDEO FROM HER CONDOLENCE VISIT TO LATE JNR POPE’S WIFE


Businesswoman, May Yul Edochie has shared photos from her condolence visit to Jennifer, the widow of late actor, Junior Pope. 


Taking to her Instagram page on Friday evening, May 17, she wrote;


‘’Swagking and principal of the swag nation, as you are finally laid to rest today, may you find eternal rest in the bossom of the Almighty. You may not be here physically but I’m sure you would want your family to be okay.


 @qutejay , I encourage you to look up to the hills and draw strength from the Lord.


I know how difficult it was to get these smiles but I pray you are able to find reasons to smile again in all of these''


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