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Atiku’s N600 petrol proposal not a return to subsidy – ADC tells Presidency

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The African Democratic Congress (ADC) has rejected claims by the Presidency that former Vice President Atiku Abubakar’s proposal to reduce petrol prices to about N600 per litre amounts to a return to Nigeria’s old fuel subsidy regime.

The party said Atiku’s proposal was instead a controlled production incentive for domestic refineries, designed to lower the cost of petrol while strengthening local refining capacity.

The ADC National Publicity Secretary, Bolaji Abdullahi, stated this in response to the Presidency’s criticism of the proposal.

According to him, “The Presidency has based its argument on a projected N19.1 trillion cost without properly considering how Atiku’s proposal is structured or the wider economic benefits of cheaper fuel produced locally.”

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He added, “We are at a loss how the presidency conjured up this phantom figure. But we do not agree with it,” 

Abdullahi explained that Atiku’s plan would have a fiscal limit and mechanisms for monitoring the movement of crude from refinery intake to finished petroleum products.

The party argued that the Presidency was criticising the old subsidy system rather than Atiku’s proposed controlled subsidy plan, which it said was intended to replace it.

The ADC also questioned the government’s justification for providing incentives to oil producers while rejecting measures aimed at reducing the burden of high fuel prices on Nigerians.

Abdullahi referred to offshore oil production incentives that can reach $11.50 per barrel, asking why a similar, controlled incentive for domestic refineries should be considered unacceptable.

“If Nigeria can provide a production-linked fiscal incentive of up to $11.50 per barrel to stimulate offshore oil production, why is a carefully controlled crude-input incentive for domestic refineries dismissed as economic madness when its objective is to make fuel cheaper for Nigerians and build domestic refining capacity?” he asked.

The ADC further argued that the cost of maintaining high petrol prices should also be considered when assessing Atiku’s proposal.

It said expensive petrol had contributed to higher transportation costs, food prices, production expenses and the wider cost-of-living crisis.

The party maintained that its proposal would be capped, audited and traceable, while potentially reducing petroleum imports, saving foreign exchange and supporting domestic refining.

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APC crisis deepens as Zamfara aspirant accuses Yilwatda of bias ahead of fresh primary

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The ruling All Progressives Congress, APC, in Zamfara State is heading for a crisis ahead of its fresh primary election to select the party's candidate for the Kaura Namoda/Birnin Magaji Federal Constituency.

Recall that the Court of Appeal had ordered a fresh primary in the constituency.

In what appears to signal the beginning of a brewing crisis within the Zamfara APC, an aspirant, Hassan Dangaladima, has petitioned two organs of the party over the actions of its National Chairman, Prof. Nentawe Yilwatda.

In the petition sighted by DAILY POST on Tuesday, which has since gone viral, Dangaladima levelled several allegations against the APC National Chairman.

Chief among his allegations is that Yilwatda unilaterally constituted the committee to conduct the fresh primary without recourse to the National Working Committee (NWC), which he heads.

"Pursuant to the said court order, the National Chairman purported to nominate and approve a committee to conduct the rescheduled primary election.

"The said nomination was made unilaterally by the National Chairman; no meeting of the National Working Committee was convened for that purpose."

The petitioner also alleged that his main rival for the ticket, Honourable Aminu Sani Jaji, is not a card-carrying member of the party.

The petition urged the APC National Executive Committee, NEC, to halt the conduct of the fresh primary and appoint a new set of individuals to conduct the exercise.

However, in response to the petition, the APC National Chairman, through his media aide, Abimbola Tooki, dismissed the allegations as baseless.

According to the party chairman, the committee was properly constituted, contrary to the petitioner's claim.

DAILY POST reports that the Zamfara State Governor, Dauda Lawal recently defected to the APC. President Bola Tinubu's re-election campaign Director-General, Abdulaziz Yari, is also from Zamfara State.

APC crisis deepens as Zamfara aspirant accuses Yilwatda of bias ahead of fresh primary

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2027: We're in race to win – PRP Chairman Baba-Ahmed

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Hakeem Baba Ahmed,

The National Chairman of the Peoples Redemption Party, PRP, Hakeem Baba-Ahmed, says the party is in the 2027 election race to win and not to make numbers.

Baba-Ahmed made this statement at a strategic retreat organised for the party's leadership and candidates.

He charged the party's candidates to go out and convince Nigerians that PRP deserves their trust and their votes in 2027.

According to him, the party has the best presidential candidate in Donald Duke, adding that history and character have moulded him to lead Nigeria out of its current challenges to a deserved status of affluence, security and unity.

He also said that Duke's running mate, Malam Sule Mohammed, is a study in principled loyalty, excellence in personal and professional life and unparalleled humility, which is tragically rare in current leaders.

Baba-Ahmed said the party also has governorship candidates who will be models of competent leadership, integrity and courage, stressing that they are candidates who will embody service, sacrifice and humility.

"We are PRP. We're in the 2027 race to win not to make numbers. We are products of a great tradition which insists that Nigeria can be great enough for all those who work honestly, and a nation which has the same place for the weak and the vulnerable as it has for those who are trusted with power or possess wealth," Baba-Ahmed said.

According to him, the party is under no illusions that its tasks will be easy, stating that the party will be competing in very hostile environments where incumbents fear change, while PRP champions it.

He said the party will find resistance from politicians who bribe the people for their future, while PRP asks for trust and the courage to choose quality and integrity.

On his part, the party's presidential candidate, Donald Duke, took a swipe at the ruling All Progressives Congress, APC, saying it is enjoying too much advantage when it comes to campaign visibility.

According to him, opposition parties are finding it hard to get venues and places to put their adverts as the 2027 elections draw near.

He said the problem is making it harder and harder for opposition candidates to reach voters in different parts of the country.

2027: We’re in race to win – PRP Chairman Baba-Ahmed

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