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...

BANDIT MEETS WATERLOO IN KADUNA AS TROOPS RECOVER WEAPON. (PHOTOS).#PRESS RELEASE



BANDIT MEETS WATERLOO IN KADUNA…As troops recover weapon


In its effort to clear bandits, terrorists and other criminal elements from Kaduna forests, troops of 1 Division Nigerian Army acting on credible intelligence laid ambush on bandits arms and ammunition supplier at Chikun and Kajuru Local Government Areas of Kaduna State along road Kwant - Kabai - Kubusu on 14 November 2023.


During the operation and the fire fight that ensued when contact was made, one bandit was neutralized while others fled in disarray with gun shot wounds  due to troops overwhelming fire power. One  AK 47 rifle, one magazine, veterinary medicine and clothing where recovered.


The General Officer Commanding 1 Division NA and Force Commander operation WHIRL PUNCH, Major General Valentine Okoro has again commended the troops for their resilience and implored the locals to continue availing the NA and other security agencies with timely and credible intelligence.


MUSA YAHAYA

Lieutenant Colonel

Acting Deputy Director Army Public Relations 1 Division Nigerian Army

15 November 2023.

One more photos below. 

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