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...

TROOPS FRUSTRATE BANDITS ALONG KADUNA-ZARIA ROAD,NEUTRALIZE TWO.(PHOTOS).#PRESS RELEASE.


KDSG Security Update: Wednesday 7th September 2022. 

Troops frustrate bandits along Kaduna-Zaria road, neutralize two. 

Troops of the Nigerian Army repelled armed bandits around the Fondisho general area, along the Kaduna-Zaria road in Igabi local government. 

In an operational feedback to the Kaduna State Government, it was revealed that the troops, responding quickly to credible intelligence, set up an ambush position at the location. 

On entering the area, the bandits sprang the ambush and came under intense fire as they were stoutly repelled by the troops. Two of the criminals were thus neutralized. 

The Kaduna State Government received the feedback with satisfaction, and praised the troops for their swiftness in responding to intelligence reports. 

The Government conveyed its appreciation to the troops and other security forces, while encouraging them to sustain the determined efforts to rout all criminal elements. 

Since many of the bandits escaped with gunshot wounds, the Government hereby appeals to communities in the general area to report any questionable persons seeking medical attention. The security operations room can be reached on 09034000060 and 08170189999. 

Armed patrols will continue in the general area. 

Signed
Samuel Aruwan
Commissioner, Ministry of Internal Security and Home Affairs, 
Kaduna State.
More photos below. 


 

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