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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GOV. SOLUDO AWARDS N500,000 TO NECO'S BEST STUDENT.(PHOTO).

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 Soludo Awards N500,000 to NECO’s Best Student


Anambra State Governor, Chukwuma Soludo, has awarded a cheque of N500,000 to Miss Ifebude Benson, the overall best candidate in the 2023 Senior Secondary School Certificate Examination conducted by the National Examination Council (NECO).


The state’s Commissioner for Education, Prof. Ngozi Chuma-Udeh, presented the award on behalf of the governor to Ifebude’s father, Mr. Ben Benson, on Sunday in Awka.


Chuma-Udeh stated that the gesture was aimed at promoting academic excellence among students in Anambra, highlighting the government’s investment in education to align with global standards.


Ifebude, a native of Ndikelionwu in Orumba North Local Government Area, achieved A1 in all nine subjects she took in the examination. She is currently studying Medicine and Surgery at the University of Abuja.


Expressing gratitude, her father, Benson, praised Soludo for the recognition, describing him as a leader who values hard work and academic excellence. He noted that the award would further inspire his daughter to excel and positively represent the state.

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