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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IMISI DECLARED THE WINNER OF THE BIG BROTHER NAIJA REALITY SHOW "10/10"TODAY SUNDAY. (PHOTOS).

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 Congratulations to Imisi as she was declared the winner of the Big Brother Naija reality show "10/10"today Sunday. 

She won hundred and fifty million naira worth of prizes. Dede who took second said she planned to buy her mother a house and a car if she was declared winner. Imisi said if she wins, she will take all her family members on a date, sleep over it and decide on how she will spend her win. 

One more photo below. 

More photos below. 







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