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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YAHAYA BELLO: KOGI IS ONE-PARTY STATE… 2027 ELECTIONS WILL BE THE EASIEST FOR APC. (PHOTO).

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 Yahaya Bello: Kogi is one-party state… 2027 elections will be the easiest for APC


Yahaya Bello, former governor of Kogi, says the 2027 elections will be the “simplest, easiest” for the ruling All Progressives Congress (APC) and President Bola Tinubu. 

Bello spoke on Saturday at a rally in Isanlu in Yagba east LGA of Kogi while welcoming a group of politicians who were defecting to the APC.

Bello declared that the wave of defection translates to Kogi becoming a “one-party state,” adding that Nigerians will keep Tinubu at Aso Rock till 2031.

“Today, Kogi state house of assembly is going to be one. There would be no minority leader again. The minority leader in the state house of assembly is decamping today,” Bello said.

“Kogi is a one-party state. And, by the special grace of God, come 2027, I have said it before that there is no vacancy in Aso Rock. Tinubu’s mandate was given to him by Nigerians, and they will say to him, ‘hold this mandate until 2031’.

“Who is doing more coalition when everybody is coming to our party? The 2027 election is going to be the simplest and easiest for APC and the president.”

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