ATIKU MUST EXPLAIN THE LEGAL AND FISCAL BASIS OF HIS PETROL SUBSIDY PROPOSAL. (PHOTO). #PRESS RELEASE.

-
Image
 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...
Post a Comment

TRUMP APPROVES 'NO-COST' MARIJUANA PRODUCTS FOR MEDICARE RECIPIENTS. (PHOTO).

-


 Trump approves 'no-cost' marijuana products for Medicare recipients

 President Trump signed an executive order Thursday initiating a pilot program that allows Medicare to cover cannabis products for seniors, marking a significant policy shift in federal support for medical marijuana.

The move could provide older Americans with alternative treatments for common ailments, at a time when marijuana use among adults 65 and older is rising sharply. A 2023 NYU study found that 7% of adults in that age group reported using marijuana in the past month, up from 4.8% in 2021 and 5.2% in 2022, representing nearly a 46% increase in two years.

Under the order, marijuana will be reclassified as a Schedule III drug by the Drug Enforcement Administration, placing it alongside medications such as Tylenol with codeine, rather than Schedule I drugs like heroin and LSD. The pilot program will specifically cover cannabidiol (CBD) products for Medicare beneficiaries, with coverage expected to begin as early as April next year if recommended by a doctor. CMS Administrator Mehmet Oz confirmed that Medicare Advantage insurers are also expected to consider CBD coverage for the roughly 34 million Americans they insure.

Trump said the policy recognizes marijuana’s potential medical applications, including as a substitute for addictive and potentially dangerous opioids. While proponents praise the program as a step forward, experts caution that long-term CBD use can carry risks, including liver toxicity and interference with other medications. Advocates see the initiative as a significant opening in federal policy toward medical cannabis, while some medical specialists argue the focus on CBD over THC ignores decades of research supporting THC’s therapeutic uses.

The administration is considering expanding coverage if the pilot program proves successful, potentially extending access to more conditions and Medicaid beneficiaries as well. This marks the latest in a series of moves by the federal government to re-examine cannabis policy, following recommendations from HHS to loosen restrictions and reclassify marijuana.


Comments

Post a Comment

Popular posts from this blog

MUSICIAN HARRY-SONG,REVEALS THE FACE OF THE FEMALE FAN WHO IS THREATENING TO KILL HIM.{PHOTOS}.

-
Image
             According to Harrysong who took to his Instagram to share the photo of a lady who has been begging him to sleep with her but after he refused her offer,the lady's fangs and venom came out and she is now threatening his life.He wrote alongside a screen shot of her messages with the caption ''This has been going going on for like a month now...there's a Lady I thought was a fan.She started with all the compliments,appreciating my music and brand..then progressed to saying she's in love with me..then progressed to saying she's in love with me..then progressed to request for sex...and now she's even threatening to kill me if she doesn't ve me on her bed.As you all know am in America currently doing my tour..people around my estate also sent messages to me now,saying there's a lady looking for my house address,desperately saying she will pay anything...that she's in love with me.Her Instagram handle is @missongz wat I don't understan...
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma ...
Read more

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

-
Image
                           According to the Araba of Osogboland Chief Yemi Elebuibon,debunk the rumors that the new Ooni will eat the heart of the late Ooni of Ife as custom demands,so he cleared the air when he recently said that ''The heart of the late king would not be fed to the next Ooni.The eating of the heart of a departed King by an incoming one belonged to the past.It no longer exists.People still make this insinuation because many are barred from witnessing the burial of a king.What the incoming king will eat is the heart of an animal and not that of a human.Nobody will be buried with the Ooni.Nobody would be killed for any form o sacrifice''.Thank God he clarified the part that no one will be buried with the Ooni,because the rumors going round is that the Sarun,otherwise known as Abobakun,is on the run,to escape being buried with the late Ooni of Ife.Lowa Adimula of Ife,Oba Joseph Ijaodola,who is the Head o...
Read more