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...

RIVERS CRISIS: CSO PETITIONS HOUSE OF REPS, SEEKS WIKE’S SACK AS MINISTER. (PHOTO).


Rivers crisis: CSO petitions House of Reps, seeks Wike’s sack as minister

A civil society organization, Centre for Social Justice, Equity and Transparency, CSJET, has petitioned the House of Representatives, seeking the probe and removal of Nyesom Wike as Minister of the Federal Capital Territory over his alleged involvement in the plot to impeach Rivers State Governor Siminalayi Fubara.

The petition, which was said to have been acknowledged and adopted by the Green Chamber during plenary on Tuesday, demanded the investigation of the role of security agencies, especially personnel of the Nigerian Police Force, who allegedly attempted to assassinate the governor.

The group in the petition dated October 30, 2023 and addressed to the Deputy Spokesman of the House, Philip Agbese, also condemned the unlawful suspension of members of the Rivers State House of Assembly and the setting of the State Assembly Complex on fire by anti-Fubara forces in the state.

They equally condemned moves by some members of the House to impeach Fubara, describing it as baseless, unfounded and an attempt to derail the governor from pursuing his developmental plans for the state.

Parts of the petition read: “We are a non-governmental, non-profit and non-partisan organization registered with the Corporate Affairs Commission and our principal objective is to become a principal catalyst in mainstreaming social justice in public life through policy engagement and interventions that bring about economic, political and social reforms, rights enhancement and sustainable livelihoods.

“We write to draw your attention to the brewing crisis in Rivers State House of Assembly and in fact Rivers State Government as a whole and thus seek your intervention in the resolution of the crisis rocking the state.

“Earlier this week, there occurred a failed assassination attempt on the life of the governor of Rivers State as well as concerted moves to impeach him by the Rivers State House of Assembly.

“Details of our petition are as follows: On Sunday the 29th of October 2023, it was reported that the Rivers State House of Assembly (RSHA) was self ablaze by yet to be known political thugs over attempt to impeach the governor. The assassination attempt occurred when the governor was on an inspection visit to the complex. Some police personnel who are believed to have been compromised shot live bullet at the governor with the intention of killing him.

“It was learnt that the incident occurred at the House of Assembly Complex opposite the Headquarters of the State Command Police on Moscow Road, Port Harcourt. Whereas the plans to impeach Governor Siminalayi Fubara had been concluded, attempts were still being made to kill him. Lawmakers immediately after the sitting were seen at about 8.15 am on Monday driving out of the Assembly with heavy security escorts.

“Following the gunshot and firing of teargas. people ran helter-skelter as policemen chased people, including workers whose offices are located within the area. The Speaker of the Rivers House of Assembly. Mr. Martin Amoewhule, presided over the sitting and resolved to begin the process.

“The lawmakers also suspended the leader of the House. Mr. Edison Enie and some of their colleagues believed to be loyal to the governor with 24 members of the Assembly signing the removal of Mr. Ehie and others.

“The governor who came to the Assembly to observe the proceedings was shot at with teargas and sprayed with water cannons. As of press time. a protest has broken out outside the complex with supporters of the governor resisting his planned impeachment. Rivers State has made significant strides in the pursuit of development and stability under the leadership of Governor Fubara.

“The governor has championed policies and initiatives that Nave positively impacted the lives of the citizens. Political squabbles and power struggles should not hinder the progress and the people’s mandate must be respected.”

 

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