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...

IGP MEETS WITH RETIRED OFFICERS AT FORCE HEADQUARTERS . (PHOTOS). #PRESS RELEASE.


 IGP Meets with Retired Officers at Force Headquarters 


In fulfillment of his earlier promise, the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, has arrived at the Peacekeeping Hall, Force Headquarters, Abuja, where he is currently addressing retired police officers who gathered peacefully to express their concerns over retirement benefits. 


The IGP’s presence is a demonstration of the Police leadership's commitment to listening to the plight of the retirees and ensuring their voices are heard in a dignified and constructive manner. The engagement is ongoing in a calm and orderly atmosphere, attended only by the genuine retirees who chose the path of dialogue.

Further updates will follow as the meeting progresses.

More photos below. 




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