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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THE NIGERIAN MAN WHO WAS BEATEN TO DEATH IN ITALY LAST WEEK,HAS BEEN LAID TO REST.{PHOTOS}.

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                         The Nigerian refugee who was beaten to death in Italy has been laid to rest.Hundreds of people,including several Italian dignitaries,attended Emmanuel Chidi's funeral in the town of Fermo.The 36 year old was murdered last week,in an allegedly racit-motivated attack.Chidi had apparently tried to defend his wife,who had been insulted by a local football fan.He was so badly beaten that he fell into a coma,and died in the hospital.Nnamdi Emmanuel Chidi and his wife Chinyere who applied for asylum in 2015 against Boko Haram,was beaten to death on tuesday by Amedeo Mancini,a local farmer,a man that had been banned from public sporting events for violent behaviour.The couple was walking near the seminary where they lived and 35 year old Mancini,sitting on a bench by the street with a friend,started shouting racist insults and called Chinyere an ''African Monkey''.Apart from Nnadi who was beaten to death,his wife Chinyere is severely injured,although doctors say she will recover.Mancini has been arrested on charges of murder.May his soul rest in peace,Amen.More photos below.                                                                              

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