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...

CHAOS ERUPTS AT ABUJA COALITION MEETING AS JIGAWA DELEGATES PROTEST REPRESENTATION. (PHOTO).


 Chaos Erupts at Abuja Coalition Meeting as Jigawa Delegates Protest Representation


A high-profile coalition meeting organized by the National Political Consultative Group (North) at the Abuja Continental Hotel descended into chaos on Sunday when Jigawa State delegates disrupted proceedings over a dispute regarding representation. The gathering, attended by prominent political figures including former Vice President Atiku Abubakar, Labour Party’s 2023 presidential candidate Peter Obi, and former Rivers State Governor Rotimi Amaechi, was briefly halted as tensions flared.


The unrest began when former Secretary to the Government of the Federation, Babachir Lawal, announced a delegate to speak on behalf of Jigawa State. This decision sparked immediate outrage among several Jigawa delegates, who stormed the stage in protest, insisting they would not be represented by the chosen individual. The confrontation escalated, prompting security personnel, including members of the Nigerian Police, the Department of State Services (DSS), and private guards, to form a protective barrier around key figures such as Atiku, Obi, and Amaechi.


Order was eventually restored when Mustapha Lamido, son of former Jigawa State Governor Sule Lamido, and another delegate were selected to represent the state, calming the situation. The meeting, widely speculated to be part of coalition talks to challenge President Bola Tinubu in the 2027 elections, underscores the challenges of uniting diverse political factions.

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.