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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KOGI MARKS 10TH ANNIVERSARY OF PRINCE ABUBAKAR AUDU’S PASSING WITH GRAND MEMORIAL IN LOKOJA. (PHOTO).

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 Kogi Marks 10th Anniversary of Prince Abubakar Audu’s Passing with Grand Memorial in Lokoja


The Kogi State Government held a solemn event to commemorate the 10th anniversary of the death of the late Prince Abubakar Audu, the state’s first civilian governor.


The well-attended ceremony, which took place in Lokoja, drew dignitaries including the Secretary to the Government of the Federation, Senator George Akume; the Minister of Information and National Orientation,  Mohammed Idris; and several former governors of the state.


Speakers at the occasion paid glowing tributes to the late Audu, highlighting his enduring legacies in infrastructure, education, healthcare, and political development of Kogi State.


The event underscored the late politician’s pivotal role in laying the foundation for modern Kogi State during his tenure from 1992–1993 and 1999–2003.

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