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...

POLICE WITH POS: NIGERIAN POLICE HAS COMMENCED INVESTIGATION ON THE VIRAL VIDEO WHERE SOME UNIFORM MEN CARRIED POS AND DEMANDING ATM FROM CIVILIANS.[PHOTO}.#PRESS RELEASE.

Image may contain: 1 person, possible text that says 'Kelechi Marshall @MarshallKacy A Police officer seen with POS, asking a passenger to bring his ATM Card. @PoliceNG @NGRPresident @hand2ome Tweet your reply'
      The @policeNG has commenced investigations to unravel the authenticity of the video, location of incident and identity of persons captured in the viral video where some persons in Police uniform were captured, allegedly with POS machine and demanding ATM card from a member of the public.

Members of the public with relevant information that could assist Police investigators are enjoined to kindly DM @policeNG or furnish same via any of our confidential channels e.g pressforabuja@police.gov.ng

The IGP condemns all acts of corruption by Public Servants, particularly Police officers and is committed to bringing to book any officer found wanting in this regard.
Image may contain: 1 person, possible text that says 'Kelechi Marshall @MarshallKacy A Police officer seen with POS, asking a passenger to bring his ATM Card. @PoliceNG @NGRPresident @hand2ome Tweet your reply'

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