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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LETTER TO THE POPE: ERDOGAN URGES HUMANITY TO STOP MORE BREACHES OF INTERNATIONAL LAW IN GAZA. (PHOTO).

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 Erdogan urges humanity to stop more breaches of international law in Gaza



In letter to Pope Francis, the Turkish president says lasting peace, stability in Middle East is not possible without fair resolution of Palestine-Israel issue.


Turkish President Recep Tayyip Erdogan has called upon people worldwide to speak out against the Israeli bombing of hospitals, schools, mosques, and churches in Palestine's Gaza.


"Humanity must prevent further violations of international law in Gaza," Erdogan said in a letter to Pope Francis on Saturday, emphasising that innocent people and civilian infrastructure should never be targeted, even in times of war.


Stressing that killing is forbidden in all Abrahamic faiths, he said humanity "must raise its voice against the deliberate bombing of hospitals, schools, mosques and churches that should not be violated, even in wartime."


"The challenges that we face, particularly the indiscriminate Israeli attacks in Gaza, where deaths by starvation occur due to the failure to deliver humanitarian aid even during the holy month of Ramadan, and the global impact of the Ukraine War, which is now in its third year, require the international community to act in cooperation and coordination," Erdogan said.

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