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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LEADERSHIP OF THE INTERNATIONAL REAL ESTATE FEDERATION - NIGERIAN CHAPTER (FIABCI-NIGERIA) PAYS COURTESY VISIT TO GOVERNOR SANWO-OLU AT LAGOS HOUSE, MARINA, ON WEDNESDAY, 4TH JUNE, 2025.(PHOTOS).#PRESS RELEASE.

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 LEADERSHIP OF THE INTERNATIONAL REAL ESTATE FEDERATION - NIGERIAN CHAPTER (FIABCI-NIGERIA) PAYS COURTESY VISIT TO GOVERNOR SANWO-OLU AT LAGOS HOUSE, MARINA, ON WEDNESDAY, 4TH JUNE, 2025


 


L-R: President, International Real Estate Federation (FIABCI) Nigeria chapter, Mr. Akin Opatola; FIABCI President, Africa and Near East Region, Mr. Adeniji Adele receiving the Lagos State government plaque from the Governor, Mr. Babajide Sanwo-Olu during a courtesy visit at Lagos House, Marina, on Wednesday, 4th June, 2025. 


 


L-R: Past President, Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr. Bode Adediji; President, International Real Estate Federation (FIABCI) Africa and Near East Region, Mr. Adeniji Adele; Governor of Lagos State, Mr. Babajide Sanwo-Olu and President, FIABCI - Nigeria chapter, Mr. Akin Opatola during a courtesy visit at Lagos House, Marina, on Wednesday, 4th June, 2025. 


 


L-R: President, International Real Estate Federation (FIABCI) Africa and Near East Region, Mr. Adeniji Adele and Governor of Lagos State, Mr. Babajide Sanwo-Olu during a courtesy visit  by leadership of FIABCI, at Lagos House, Marina, on Wednesday, 4th June, 2025. 


 


L-R: Board member of FIABCI Nigeria, Mr. Bolu Olanrewaju; Senior Partner, Knight Frank Nigeria, Mr Frank Okosun; President, International Real Estate Federation (FIABCI) Nigeria chapter, Mr. Akin Opatola; FIABCI President, Africa and Near East Region, Mr. Adeniji Adele; Governor of Lagos State, Mr. Babajide Sanwo-Olu;Past President, Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr. Bode Adediji; other board members of FIABCI, Mr Adeniyi Tinubu; Mrs. Aderemi A. Fagbemi and Mr. Rogba Orimolade during a courtesy visit  by leadership of FIABCI, at Lagos House, Marina, on Wednesday, 4th June, 2025. 

More photos below. 




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