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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DAVIDO CALLS OUT GBOYEGA OYETOLA OVER ALLEGED POLITICAL PLAN AHEAD OF OSUN ELECTION. (PHOTO)

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 Davido Calls Out Gboyega Oyetola Over Alleged Political Plan Ahead of Osun Election


Davido has publicly called out the Minister of Marine and Blue Economy, Gboyega Oyetola, over an alleged plan he described as embarrassing.


The singer made the statement in the early hours of Tuesday through a post shared on X, where he accused the former Osun State governor of being desperate politically.


According to Davido, the alleged plan would not succeed.


“The most desperate politician in the world is @GboyegaOyetola very embarrassing. Oyetola your plan no go work.”


Although the singer did not reveal details about the alleged plan, the development comes amid rising political tension in Osun State ahead of the governorship election scheduled for August 15, 2026.


The controversy also follows Davido’s recent announcement that he would temporarily step away from music activities for two months to actively campaign for the re-election of his uncle, Ademola Adeleke.

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