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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GOV. SANWO-OLU HAILS LAGOSIANS ON SANITATION DAY. (PHOTO). #PRESS RELEASE.

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 SANWO-OLU HAILS LAGOSIANS ON SANITATION DAY


The return of the monthly Sanitation Day on Saturday was successful- thanks to Lagosians who trooped out to clean their environment. 

From Ikorodu to Badagry, Lagos Island and Lagos Mainland ; Alimoso to Ikeja and Agege, the turnout was impressive. 


Governor Babajide Sanwo-Olu would like to put on record the enthusiasm of residents who woke up early to obey the call for a return to a culture that made our state a healthy and clean place for all. 


“I thank Lagosians who joined the call to clean up our environment as a sure step to good health,”Mr Sanwo-Olu said.  


“That is patriotic; it is the Spirit of Lagos that we often speak about. We should continue to walk that path,” he added.


The governor urged residents to stop indiscriminate dumping of refuse, especially now that the rains are coming. 


The government has embarked on a massive cleanup of gutters and drainage systems around the state to prevent flooding, following the weatherman’s forecast of heavy rains this year.

 

The Ministry of the Environment and Water Resources has joined hands with the Ministry of Information and Strategy to launch a massive campaign against indiscriminate refuse dumping and blocking of drainage systems. 


Gbenga Omotoso 

Commissioner for Information and Strategy

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