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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AFTER BUILDING PSYCHIATRIC HOSPITAL IN ANAMBRA EVANG EBUKA OBI REVEALS PLAN TO OPEN THREE FREE-DELIVERY HOSPITALS ON EASTER 2026.(PHOTO).

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 After building Psychiatric hospital in Anambra Evang Ebuka Obi reveals plan to open three free-delivery hospitals on Easter 2026


Spiritual leader of Zion Prayer Movement Outreach Evangelist Ebuka Obi has revealed that three new hospitals being built by the Seraphic Homes Foundation will be commissioned on Easter Day in 2026 and will offer free delivery services for pregnant women.


Evang. Obi, who is also the founder of the foundation, disclosed this while briefing journalists in his Lagos office on Saturday, where he outlined its ongoing projects.


“There’s a place I’m building three hospitals already,That one will be commissioned by Easter and will be free deliveries. It’s a four-storey building. I’m going to commission it on Easter.”


He said the hospitals are part of plans to expand healthcare access in several states, including Imo, Enugu, Rivers, Delta, Lagos and Anambra.


“These few things I can tell you about our hospital in Anambra, in Imo State, and the more we are about to start with in Enugu, Rivers, Delta, even here in Lagos,” he said.


He added that the foundation provides food, clothing, education and accommodation for orphans and elderly persons, funds tuition for university students and builds houses for families in need.


Obi said the foundation will continue to take mentally challenged persons off the streets, rehabilitate them and reunite them with their families.

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