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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ADETSHINA RECEIVES GRAND WELCOME TO NIGERIA AFTER MAKING HISTORY AS MISS UNIVERSE'S FIRST RUNNER-UP. (VIDEO/PHOTO).

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Adetshina receives grand welcome to Nigeria after making history as Miss Universe's first runner-up 

                            

Chidimma Adetshina who made a historic milestone by emerging as the first runner-up at the Miss Universe 2024 pageant has returned to Nigeria.


In a video circulating online, Adetshina was seen being received in grand style with fans chanting thanksgiving songs in various dialects to celebrate her victory.


The Miss Universe 2024 pageantry event took place at the Arena CDMX in Mexico City, where Denmark’s Victoria Kjaer Theilvig was crowned Miss Universe, succeeding Nicaragua’s Sheynnis Palacios, the 2023 titleholder.


Adetshina's participation came amidst earlier headlines when she withdrew from the Miss South Africa 2024 pageant following controversy surrounding her ties to the country.

Watch video below. 


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