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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DAN AGBESE WAS A TITAN OF TRUTH – INFORMATION MINISTER. (PHOTO). #PRESS RELEASE

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 Press Statement

 

Dan Agbese was a titan of truth – Information Minister

 

I am deeply saddened by the passing of Mr Dan Agbese, a foundational pillar of Nigeria’s contemporary journalism and a tireless advocate for a free press. 

 

Agbese was a titan of truth whose legacy formed the foundation of enlightened public discourse by co-founding the trailblazing Newswatch magazine, which became a defining institution in our national life.

 

Indeed, he championed the values of courage, intellectual integrity, and an unwavering commitment to press freedom, the very cornerstones of a vibrant democracy. Through his incisive "No Holds Barred" column and a lifetime of work, he held power to account and dedicated himself to the project of nation-building. 

 

Agbese's passing comes at a time when the Tinubu administration is deeply committed to fostering the very principles he fought for – an expanded democratic space, robust citizen engagement, and free speech. 

 

I therefore mourn him not only with grief, but with deep gratitude for a legacy that has indelibly shaped our nation's discourse. 

 

My heartfelt condolences go to his family, colleagues, and the entire media fraternity. 

 

Dan Agbese was a giant, and his profound contributions will continue to illuminate the path forward for Nigeria. May his soul rest in eternal peace. 

 

Mohammed Idris, fnipr

Honourable Minister of Information and National Orientation.

 

Tuesday, November 18, 2025

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