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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KATSINA WOMAN REWARDED WITH N500, 000 FOR DISPLAY OF HONESTY. (PHOTO).

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 Katsina woman rewarded with N500,000 for display of honesty


A woman identified as Malama Amina Abdulkadir-Yanmaman has been rewarded with N500,000 and certificate of commendation for returning N748,320 wrongly credited to her account to the coffers of Katsina state government.

Abdulkadir-Yanmaman was wrongly credited with N748,320 meant for the Federal Government’s Home Grown School feeding programme in the state, according to Executive Director, Katsina State Social Investment Programme Agency (KASIPA), Dr Mudassir Nasir.

Nasir presented the reward to Abdulkadir-Yanmaman on behalf of Katsina State government.

“She told us that she received alert with a narration titled payment for vendors who were providing primary school pupils with free food.

“The woman decided to come to our office because she was not on the register for vendors who provide food for our pupils and she was not part of such a programme.

“We requested for her bank statement and the office of the auditor-general verified that she was telling the truth.

“Therefore, Gov. Dikko Radda directed that she should be appreciated with N500,000, honoured with a commendation letter and offer to participate in the next school feeding programme,” he said.

Nasir added that Radda was happy with the honesty of the woman.

He called on others to emulate her.

In his remarks, the state’s Auditor l-General, Alhaji Anas Tukur-Abdulƙadir, also commended the woman, saying that she deserved more honours.

Responding, Abdulkadir-Yanmama said:” knew that I had to return the money because it doesn’t belong to me “.

Abdulkadir-Yanmama further commended the governor, and the KASIPA management for the support, honour and encouragement given to her.

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