ATIKU MUST EXPLAIN THE LEGAL AND FISCAL BASIS OF HIS PETROL SUBSIDY PROPOSAL. (PHOTO). #PRESS RELEASE.

Image
 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...

SEVEN AFRICAN TEAM IN 2026 WORLD CUP PLAYOFF SPOTS. (PHOTO).


 Seven African teams in 2026 World Cup playoff spots


Nigeria’s hopes of qualifying for the 2026 World Cup suffered a setback after a frustrating home draw against Zimbabwe.

With six matches played, Nigeria sits fourth in Group C with seven points, while South Africa tops the group with 13.

The Super Eagles’ recent 1-1 stalemate with Zimbabwe has made their qualification path even more challenging.

Africa has been granted nine automatic qualification spots for the tournament, with a tenth team having a chance through an intercontinental playoff.

Group winners earn direct qualification while the four best second-placed teams will battle for the playoff spots. 

Here are teams in playoff spots:

1. Gabon (15 points)

2. Cameroon (12 points)

3. Senegal (12 points)

4. Namibia (12 points)

5. Comoros (12 points)

6. Mozambique (12 points)

7. Burkina Faso (11 points)

Comments

Popular posts from this blog

MUSICIAN HARRY-SONG,REVEALS THE FACE OF THE FEMALE FAN WHO IS THREATENING TO KILL HIM.{PHOTOS}.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.