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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LAWMA REOPENS ILE-EPO MARKET . (VIDEO/PHOTO). #PRESS RELEASE.

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 LAWMA REOPENS ILE-EPO MARKET 


The Lagos Waste Management Authority (LAWMA) has today reopened the Ile-Epo Market, Abule-Egba, after it was shut for various environmental infractions.


The campaign against filthiness at markets is still ongoing. We urge all markets in the state to ensure they carry out their business transactions in a clean and hygienic environment. 


LAWMA will not relent in closing any business facility that fails to comply with the environmental laws of the state. #KeepLagosClean.

Watch video below. 


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