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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ALLEGED ASSAULT ON A NIGERIAN FEMALE BY SENATOR ABBO ELISHA: IGP ORDERS HOLISTIC INVESTIGATION.#PRESS RELEASE.

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     The Inspector General of Police, IGP M.A Adamu, NPM,mni has ordered a comprehensive investigation into the circumstances surrounding the alleged assault on a female Nigerian by Senator Abbo Elisha. Specifically, the IGP directed the Commissioner of Police in charge of the Federal Capital Territory (FCT) Police Command, CP Bala Ciroma to provide a personal and round-the-clock supervision of every facet of the investigation, including the Forensic analysis of the video currently in circulation as well as the actions/inactions of the Policeman seen in the video footage.
The IGP, while assuring citizens of utmost professionalism by the Police in the handling of the matter, promised that the Force will ensure that justice is manifestly done in this case irrespective of whose ox is gored.
Meanwhile, the Commissioner of Police, FCT, CP Bala Ciroma has already established contact with the victim of the assault and has commenced investigation in earnest into the case.
The IGP thanked Nigerians for their massive show of empathy and concern for the rights of their fellow citizen and urged continuous citizens’ engagement in the tackling of the wider challenges of security in our country.
DCP FRANK MBA
FORCE PUBLIC RELATIONS OFFICER
FORCE HEADQUARTERS
ABUJA.
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