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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ANAMBRA SPEAKER HAILS GOV. SOLUDO, WIFE ON 32ND MARRIAGE ANNIVERSARY. (PHOTO). #PRESS RELEASE.

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 Anambra Speaker Hails Governor Soludo, Wife On 32nd Marriage Anniversary


By Chizoba Okeke 


The Speaker of the Anambra State House of Assembly, Rt. Hon. Somtochukwu Udeze, has described Gov. Chukwuma Soludo and his wife, Nonye, as a perfect match in terms of family life, training, and public service.


Felicitating the Anambra State number one family as they marked their 32nd marriage anniversary, Rt. Hon. Udeze noted that Gov. Soludo and his wife have given governance in the state a human face, as evidenced by the numerous developmental achievements they have recorded.


The Speaker encouraged Ndi Anambra, especially politicians, to intensify support for Gov. Soludo's administration in order to move the state to enviable heights.


He emphasized that the 32 years of marriage between Gov. Soludo and his wife, have been fruitful in all ramifications, with their marriage continuing to grow in love, peace, and unity, blessed with wonderful children from God.


Rt. Hon. Udeze prayed that God strengthens Gov. Soludo and his wife, as well as their marriage, and bless them with good health and longevity.


*Chizoba is of the Ministry of Information, Anambra State

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