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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KEBBI STATE GOVERNOR GIFTS EMIRS IN THE STATE NEW SUVs. (PHOTO).

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KEBBI STATE GOVERNOR GIFTS EMIRS IN THE STATE NEW SUVs 


Kebbi state Governor, Nasiru Idris recently presented four new Toyota Land Cruisers to the emirs of Yauri, Argungu, Zuru, and Gwandu in Kebbi State. 


The governor emphasized the necessity of providing these new vehicles, citing the old state of the emirs' previous official vehicles. 


“The government has given new vehicles to members of the House of Assembly, commissioners, security services, and chairmen of boards, departments and agencies for optimal operation.


“Today, we are tackling our royal fathers’ transportation problems, because you have been riding in old vehicles. 


“Morally speaking, as a government, we know what traditional rulers are doing nationwide in contributing to peace and stability among communities.”


He assured that his administration will continue to prioritize the welfare of the emirs as custodians of Islamic culture and tradition.


This donation comes amid a period of economic hardship for citizens following the removal of fuel subsidy. 


Governor Idris previously distributed SUVs to members of the State House of Assembly earlier this year, emphasizing that this gesture symbolizes the administration's commitment to serving the people of Kebbi State diligently.


This action is not unique to Kebbi State, as numerous state and federal governments have allocated public funds for luxury items, drawing criticism from the public. For instance, the Tinubu administration faced backlash for allowing lawmakers to purchase new vehicles while citizens endured economic hardships caused by government policies. 


The administration has also faced criticisms for spending N21 billion on a new residence for the vice president, buying a new presidential jet, and other controversial expenses.

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