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...

NIGERIA DRAWN IN GROUP L OF 2027 AFCON QUALIFIERS. (PHOTO).


NIGERIA DRAWN IN GROUP L OF 2027 AFCON QUALIFIERS

Nigeria’s Super Eagles have been drawn against  Madagascar, Guinea Bissau and co-hosts Tanzania in Group L of the 2027 African Cup Of Nations Qualifiers.

The draw ceremony, for 48 teams into 12 groups, which held in Cairo, Egypt set the pace for the continental showpiece to be co-hosted by Kenya, Uganda and Tanzania from June 19-July 17, 2027. 

Immediate past host Atlas Lions of Morocco lead Group A and Egypt headline Group B. Elephants of Côte d’Ivoire face regional rivals Black Stars of  Ghana in a standout Group C, while South Africa, DR Congo, and Burkina Faso also begin their qualification campaigns against competitive opposition across the continent.
Elsewhere, Cameroon, Tunisia, Algeria, Senegal, and Mali are all set for crucial qualification battles as Africa’s football giants begin the race for a place at the 2027 Africa Cup of Nations.

Match day one kicks off September 21 at different venues on the continent.

2027 AFCON QUALIFICATION DRAW:

Groupe A : Morocco , Gabon, Niger, Lesotho

Groupe B : Egypt, Angola, Malawi, South Sudan

Groupe C : Côte d'Ivoire, Ghana, Gambia, Somalia

Groupe D : South Africa, Guinea, Kenya, Eritrea

Groupe E : Democratic Republic of Congo, Equatorial Guinea , Sierra Leone, Zimbabwe

Groupe F : Burkina Faso, Bénin, Mauritania, Central African Republic

Groupe G : Cameroon, Comoros, Namibia, Congo

Groupe H : Tunisia, Uganda, Libya, Botswana

Groupe I : Algeria, Zambia, Togo, Burundi

Groupe J : Sénégal, Mozambique, Sudan, Ethiopie

Groupe K : Mali, Cape Verde, Rwanda, Liberia

Groupe L : Nigeria, Madagascar, Tanzania, Guinea-Bissau

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