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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18 YEAR OLD MAN WAS STONED TO DEATH BY SOMALIA'S AL SHABAAB MILITANTS FOR RAPING A 28 YEAR OLD WOMAN.

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             According to sources,Somalia's al Shabaab militants said today wednesday that they had stoned an 18 year old man to death for raping a woman at gun point in one of their strong holds in the Southern lower Shabelle region.The group which pledges loyalty to al Qaeda,has been losing territory in an offensive battle by African and Somali troops,but has been determined to demonstrate its authority over areas it still controls.Al Shabaab said the man raped a 28 years old woman at gun point in the outskirts of her village three days before he was killed on tuesday.Sheikh Mohammed Abu Abdalla,who claimed to be al Shabaab governor for the region said ''This shows we have the power to sentence anyone who breaks Islamic law''.More photos below.                                                                                                                                    

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