A MANHUNT IS UNDERWAY FOR MAN WHO SHOT A GRANITE CITY POLICE OFFICER MULTIPLE TIMES.(PHOTO).

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  A manhunt is underway for man who shot a Granite City Police Officer multiple times. Officers in Granite City, Illinois, responded to a call regarding a unwanted subject near the 2000 block of Johnson Road at 2:20 p.m. on Friday, December 5th. Upon arrival, officers attempted to make contact with the suspect. The suspect opened fire on officers before fleeing the scene.  Unfortunately, one officer was struck multiple times. The officer was rushed to a St. Louis University Hospital. He is expected to make a full recovery.  A massive manhunt is now underway to locate the suspect. Authorities warn the public that the man is considered armed and dangerous. If you do see him, do not approach, but rather call 911 immediately.  If you recognize the man in the photos or have any information regarding this incident, please call the Granite City Police Department at 1618-877-6111 There was a heavy police presence in Granite City in a different part of town tonight but that w...
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SUBSIDY REDUCED, NOT REMOVED'- REWANE. (PHOTO).

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Subsidy reduced, not removed’ – Rewane

The Chief Executive Officer of the Financial Derivatives Company, Bismarck Rewane, has said that subsidy was not removed but reduced.

He stated this when he appeared on Channels Television’s on Sunday evening.

During the programme, Rewane also highlighted the effects of the reduction in fuel subsidy and how it has affected Nigerian salary earners.

“At the inauguration, it was said that subsidy was gone but subsidy was actually reduced,” he said.

According to Rewane: “There is the convergence of exchange rates and reducing the windows into one. The consequence of that money has been transferred from consumers to the government.

“Subsidies are reversed taxes; if you reduce them, you increase the people’s taxes and reduce their income. What has happened is that government revenue has increased by 44% between May and June. Money has been transferred to the government but what is the government doing with it?

“The consumers, on the other hand, had a minimum wage, which in dollar terms was 40 dollars in 2002. In 2019, it was about 70 dollars but it has now been reduced to 24 dollars.”

 

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