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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COURT CONVICTS PHOTOGRAPHER, PNE OTHER FOR INTERNET FRAUD IN KADUNA. (PHOTOS).#PRESS RELEASE

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Court Convicts Photographer, One Other for Internet Fraud in Kaduna

The Kaduna Zonal Command of the Economic and Financial Crimes Commission (EFCC) has secured the conviction of One Goje Jehu Zason (aka Mark Anthony) and Williams Justice Gankon before Justice A.A Isiaka  of the Kaduna State High Court on separate one count charge bordering on internet fraud. 

They pleaded guilty to the charges, consequently, the prosecution counsel, E.K. Garba and M.U Gadaka urged the court to convict them accordingly. 

Justice Isiaka convicted and sentenced Gankon to one year imprisonment without any option of fine while Zason was sentenced to two years imprisonment with an option of fine of N150,000. 

The defendants are to forfeit all proceeds and gadgets used to commit the crime to the Federal Government of Nigeria. 

More photos below. 



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