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...

IRU/VI LCDA CHAIRMAN GRADUATES SOLAR TECHNOLOGY TRAINEES, UNVEILS SOLAR KIOSKS FOR RESIDENTS. (PHOTOS). #PRESS RELEASE


 IRU/VI LCDA CHAIRMAN GRADUATES SOLAR TECHNOLOGY TRAINEES, UNVEILS SOLAR KIOSKS FOR RESIDENTS


The Executive Chairman of IRU/Victoria Island Local Council Development Area (LCDA), Princess Rasheedat Abiodun Adu has successfully graduated trainees from a one-month free intensive training programme on Solar Technology System Design and Installation. 


The event also featured the unveiling of Solar Kiosks designed and built by the trainees for the benefit of all residents of the LCDA.


In her remarks at the event, the Chairman emphasised the critical role of youth empowerment in fostering community development. “The importance of youth in society cannot be overemphasised. This training is a testament to our commitment to equipping young people with practical skills that ensure self-reliance. Not everyone will secure white-collar jobs, but the skills you acquire will remain valuable for a lifetime. I urge you to stay focused, productive, and make the most of this opportunity”, she stated.


The Chairman further described the Solar Kiosks as a community-oriented project, saying “These Kiosks, built by the trainees, will serve as power hubs for residents to charge their electrical appliances. This is a step forward in our mission to promote sustainable energy solutions”.


Engr. Olajide Habeeb, Lead Facilitator from Emerald Renewable Africa (TERA), commended the initiative, noting that the training was of international standard and offered beneficiaries a competitive edge in the green energy sector. 


“This programme has opened doors to significant opportunities in the labour market, government agencies, and private organisations”, he remarked.


In recognition of exceptional performance, the outstanding students from the training programme will be rewarded with a free one-year paid internship, solar business certification, and other incentives to further enhance their career prospects.


The Youth Leader of the Council, Hon. Timi Durojaiye and Traditional Leaders present at the event praised Princess Adu for her unwavering support for youth development in the LCDA. They encouraged the beneficiaries to excel and become ambassadors of the programme in the labour market.


The overall best student, Sadiq Muhammad Ayomide, expressed gratitude to the Chairman on behalf of the trainees. “Your motherly care and support have been our motivation. We promise to make you proud as we apply what we’ve learned to create value in our communities”, he pledged.


The ceremony was attended by an array of dignitaries, including the Vice Chairman, Hon. Segun Ogunbiyi; Secretary to the Local Government; Supervisors; Councillors; traditional leaders; LGA Party Chairman; political leaders; and other stakeholders.

More photos below. 







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