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...

GANDUJE DECLARES WIKE'S ALLY, TONY OKOCHA, APC LEADER IN RIVERS. (PHOTO).


 Ganduje declares Wike’s ally, Tony Okocha, APC leader in Rivers


The National Chairman of the All Progressives Congress, APC, Abdullahi Ganduje, has affirmed that Chief Tony Okocha is the leader of the party in Rivers State.

According to Ganduje, the executive committee headed by Okocha, an ally of Federal Capital Territory, FCT, minister, Nyesom Wike, is the Rivers State APC leadership structure recognized by the national secretariat of the party.

Ganduje made this declaration on Saturday in Port Harcourt during the inauguration of the newly elected state executive committee of the party.

The APC national chairman congratulated the newly elected members and explained the party’s decision to hold the inauguration in Rivers State instead of at the APC National Headquarters in Abuja.

Ganduje said, “I’d like to congratulate the newly elected members of our state executive.

“Traditionally in APC the inauguration of a state chapter is usually done at the state headquarters of the APC in Abuja.

“But as part of the change that we are introducing, we decided to inaugurate these elected executive members here in Rivers so that our party is rooted to the grassroots; so that there is no dichotomy between the national executive and the state exco.

“We are all working together and we don’t feel reluctant even to go to the ward level and undertake our function that is for APC.

He emphasized that the move signifies the party’s effort to strengthen ties between the national and state leadership, ensuring there is no division between the two structures.

Ganduje charged the state executive committee to prioritize internal democracy, highlighting it as a cornerstone of their responsibilities.

He also underscored the importance of fostering unity and inclusiveness within the party at the state level.

Ganduje added, “Therefore the state is our constituency. We need to embrace the state. We need to be in contact with the state. We need to be in harmony with the state.

“We need to synergise with the state and we need to be in love with the state. That is why we are here.

“As members and leaders of our party in the state, you know your basic responsibilities, your functions as spelt out by the constitution of our great party.

“You have to ensure that there is internal democracy. You’re to ensure that you look for new entrants into the party and look for members into the party.

“Use your political dexterity to ensure that our party moves forward. Strengthen the party in your constituencies. It is absolutely necessary. It is your responsibility to ensure that there is peace and you must ensure an effective conflict resolution mechanism. As leaders of the party, I believe you are equal to the task.”

Commenting on APC’s performance in the South-South geopolitical zone, traditionally dominated by the Peoples Democratic Party, PDP, Ganduje noted that the APC has made significant progress, citing its control of Cross River and Edo states.

He further stated that Rivers State is the party’s next strategic target as it continues its expansion efforts in the region.

“You are from the South-South geo-political zone where the zone was dominated by the PDP.

“But you are fully aware that during the Buhari administration, we were able to take one state, Cross River, from the PDP.

“And in present President Bola Ahmed Tinubu led administration, we were able to win squarely in Edo State. Out of six states in the zone, we have recovered two.

“Rivers State is our target. Rivers, we are here for you. Rivers, you are on the way.”

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