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...

MIKE TYSON SUFFERS MEDICAL SCARE ON FLIGHT AHEAD OF FIGHT WITH JAKE PAUL. (PHOTO).


 Mike Tyson suffers medical scare on flight ahead of fight with Jake Paul: reports



Boxing legend Mike Tyson had a medical scare, becoming nauseous and dizzy on a flight from Miami to Los Angeles on Sunday, his representatives told the New York Post. 


However, his team says he is "doing great" after the incident that occurred just before landing. 


"He became nauseous and dizzy due to an ulcer flare up 30 minutes before landing," his representatives said in an email to The Post. "He is appreciative to the medical staff that were there to help him."


The email to The Post added an "air conditioning issue." 


In Touch Weekly was first to report Tyson’s scare, which they categorized as a "medical emergency."


"Mike had some kind of medical emergency on the plane and paramedics boarded," a source told In Touch Weekly. "Before the paramedics arrived, the flight issued an announcement asking for a doctor – the message even came on everyone’s screens."


That could certainly be a scary moment for all those involved who were unaware of what Tyson was going through. Luckily, it appears Tyson is doing much better. 


This is a developing story. More to come.

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