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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3 BROTHERS CONFESSED TO KILLING & RAPING THE 2 INDIAN GIRLS.

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girls              These are the two teenage Indian girls who were raped and murdered before their bodies were found swinging from a mango tree in northern India this week.Three brothers today sunday 1st of June 2014 confessed to attacking and killing the young cousins,named Murti and Pushpa,in a case which has horrified india.The crime provoked national outrage after it emerged that police in the village of Katra initially refused to investigate the girl's murder due to their low caste status.More photos below.                                                    

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