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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MINISTER OF ENVIRONMENT, BALARABE ABBAS LAWAL, RECEIVES KOGO FOREST RESERVE AS NIGERIA'S NEWEST NATIONAL PARK. (PHOTOS).

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 MINISTER OF ENVIRONMENT, BALARABE ABBAS LAWAL, RECEIVES KOGO FOREST RESERVE AS NIGERIA'S NEWEST NATIONAL PARK


Kogo Forest Reserve has officially become Nigeria's newest national park, marking a significant milestone in the country's commitment to environmental conservation and sustainable development under the Renewed Hope Agenda of His Excellency President Bola Ahmed Tinubu GCFR.


Minister of Environment, Balarabe Abbas Lawal, received the reserve from Katsina State Governor, Dr. Dikko Umaru Radda, with the National Park Service providing necessary resources, including vehicles, equipment, and advanced technologies, to ensure its long-term protection.


This move is expected to boost conservation efforts and promote sustainable development in the region, preserving Nigeria's natural heritage and contributing to global conservation efforts. The Kogo Forest Reserve is home to a diverse range of wildlife, including birds, amphibians, and mammals, making it a vital ecosystem for biodiversity support and climate resilience .

More photos below. 




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