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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EX-BRENTFORD STRIKER TONEY EARNS ENGLAND RECALL. (PHOTO).

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 Ex-Brentford striker Toney earns England recall


Former Brentford striker Ivan Toney has been recalled to England's squad for next month's matches against Andorra and Senegal. It is a first call-up for the 29-year-old since he moved to Saudi Arabian club Al-Ahli from the Bees last summer.


He made the most recent of his six England appearances in the Euro 2024 final defeat by Spain. But 28 goals in 42 appearances for Al-Ahli this season convinced England head coach Thomas Tuchel to have a close look, having left him out of his first squad in March. England face Andorra in a World Cup qualifier on 7 June, before welcoming Senegal to Nottingham Forest's City Ground for a friendly on 10 June.


Tuchel has selected eight players from clubs participating in the Club World Cup - Chelsea, Bayern Munich, Real Madrid and Atletico Madrid - which starts five days after the friendly against Senegal. Real Madrid's Jude Bellingham has been selected, despite the midfielder's upcoming shoulder surgery. The 21-year-old is set to have an operation following the Club World Cup to resolve an issue that has troubled him since 2023.


Manchester City midfielder Phil Foden is a notable absentee, while there are no representatives from Manchester United. Chelsea defender Trevoh Chalobah has received his first senior call-up.

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