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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SUSPECTED RAPIST WHO HAD NUDE VIDEOS AND PHOTOS OF HIS VICTIM ON HIS PHONE ARRESTED IN LAGOS.{PHOTO}.

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The Lagos state police command has arrested a suspected serial rapist, Onuorah Obi, pictured above, a resident of No 1, Buari Oloto Street, Ago Okota.
Confirming his arrest to newsmen, Ademuyiwa Adejobi spokesperson of the state police command, said Obi was arrested on March 17 after his victim who lives in the same environment, reported that the suspect raped her and recorded her nude pictures and videos. 
''The police swung into action and arrested the suspect. When a search was conducted on his phone, nude pictures and videos of the victim were recovered from the phone.''Ademuyiwa said
He added that the state Commissioner of Police, Lagos State, CP Hakeem Odumosu has condemned these heinous acts of the suspect and ordered that the matter be transferred to the Gender Unit of the command for further investigation and prosecution.

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