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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THIEVES FORCED TO DRINK ALCOHOL STOLEN FROM SOUTH AFRICAN SHOP. (VIDEO/PHOTO).

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 Thieves Forced To Drink Alcohol Stolen From South African Shop 


A viral video on Wednesday shows the moment thieves were asked to drink alcohol drinks they stole from a shop in South Africa. 


The video was posted by a South African journalist, Velani Ludidi,who stated that the thieves broke into a store and stole alcoholic drinks. 


He added that when the thieves were caught a day after, the owner of the shop forced them to drink the alcoholic drinks they stole or risk jungle justice. 


“Thieves broke in and stole alcohol worth 14k. They were caught a day later with the alcohol. The owner said they must drink it all in one go or face umphakathi. The thieves are struggling, “ the post read. 


In the video, the suspects were seen drinking from the bottles of the alcoholic drinks.

Watch video below. 

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