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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EX- PROFESSIONAL HOCKEY PLAYER JUMPS TO HIS DEATH FROM HOTEL BALCONY. (PHOTO).

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 Former Professional Hockey player jumps to his death from hotel balcony. 


According to reports the Bal Harbour, Florida police and fire departments responded to the St. Regis Bal Harbour resort Monday on March 18 to the report of a man jumping from a balcony.


Once on scene, they discovered 42-year-old, Konstantin Koltsov, deceased from injuries he had  sustained. Miami Homicide responded also but concluded no foul play was involved.


Koltsov was the #18 overall pick in the 1999 NHL draft. He spent his entire NHL career (144 games) with Pittsburgh. According to reports Koltsov was dating tennis star Aryna Sabalenka and was in town supporting her as she prepared for the upcoming Miami Open.


Sabalenka is the second seed in the tournament and according to sources plans to play despite this personal tragedy.


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