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...

GOV. SANWO-OLU AT THE SPECIAL BIRTHDAY THANKSGIVING SERVICE FOR PRESIDENT BOLA AHMED TINUBU, AT CHAPEL OF CHRIST THE LIGHT, ALAUSA, IKEJA. (PHOTOS). #PRESS RELEASE.


 GOV. SANWO-OLU AT THE SPECIAL BIRTHDAY THANKSGIVING SERVICE FOR PRESIDENT BOLA AHMED TINUBU, AT CHAPEL OF CHRIST THE LIGHT, ALAUSA, IKEJA


l-r: Lagos State Governor, Mr. Babajide Sanwo-Olu; his wife, Dr. Ibijoke Sanwo-Olu; Senior Special Assistant to the President on Sustainable Development Goals (SDGs), Princess Adejoke Orelope-Adefulire; Secretary to the State Government, Barr. Bimbola Salu-Hundeyin and Chief of Staff to the Governor, Mr. Tayo Ayinde, during Special Birthday Thanksgiving Service in honour of President Bola Ahmed Tinubu at Chapel of Christ the Light, Alausa, Ikeja on Saturday, March 29, 2025.


 


l-r: Lagos State Governor, Mr. Babajide Sanwo-Olu; his wife, Dr. Ibijoke Sanwo-Olu and Senior Special Assistant to the President on Sustainable Development Goals (SDGs), Princess Adejoke Orelope-Adefulire; during Special Birthday Thanksgiving Service in honour of President Bola Ahmed Tinubu at Chapel of Christ the Light, Alausa, Ikeja on Saturday, March 29, 2025.


 


Lagos State Governor, Mr. Babajide Sanwo-Olu (Fourth left); his wife, Dr. Ibijoke Sanwo-Olu (third left); The priests and others, during Special Birthday Thanksgiving Service in honour of President Bola Ahmed Tinubu at Chapel of Christ the Light, Alausa, Ikeja on Saturday, March 29, 2025.


 


Lagos State Governor, Mr. Babajide Sanwo-Olu (Fourth left); his wife, Dr. Ibijoke Sanwo-Olu (third left); Secretary to the State Government, Barr. Bimbola Salu-Hundeyin (third right) and Traditional Rulers, during Special Birthday Thanksgiving Service in honour of President Bola Ahmed Tinubu at Chapel of Christ the Light, Alausa, Ikeja on Saturday, March 29, 2025.


 


Lagos State Governor, Mr. Babajide Sanwo-Olu sixth right); his wife, Dr. Ibijoke Sanwo-Olu (middle); Senior Special Assistant to the President on Sustainable Development Goals (SDGs), Princess Adejoke Orelope-Adefulire (fifth left); Former Deputy Governor of Lagos State, Otunba Femi Pedro (fifth right); and Chief of Staff to the Governor, Mr. Tayo Ayinde (right) and others, during Special Birthday Thanksgiving Service in honour of President Bola Ahmed Tinubu at Chapel of Christ the Light, Alausa, Ikeja on Saturday, March 29, 2025.

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