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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LAGOS DINNER FOR CJN: SENIOR LAWYERS DEFEND JUSTICE KEKERE-EKUN'S ATTENDANCE AMID CRITICISM. (PHOTO).

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 Lagos Dinner for CJN: Senior Lawyers Defend Justice Kekere-Ekun’s Attendance Amid Criticism


Senior Nigerian lawyers have defended Justice Kudirat Kekere-Ekun’s participation in a Lagos State Government dinner honoring her contributions to the legal system, amid controversy over her engagement with Governor Babajide Sanwo-Olu, a litigant before the Supreme Court. Legal experts, including Chief Kanu Agabi, SAN, and Prof. Itse Sagay, SAN, argued that attending state functions does not undermine judicial independence and is a positive reflection of the judiciary's role in a functioning democracy.

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