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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RELEASE OF FATHER BASIL GBUZUO AND PROFESSOR SYDNEY ONYEAGU: CP ITAM ACTIVATES ONSLAUGHT OPERATION ON THE KIDNAPPERS.. (PHOTO).#PRESS RELEASE.

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 RELEASE OF FATHER BASIL GBUZUO AND PROFESSOR SYDNEY ONYEAGU: CP ITAM ACTIVATES ONSLAUGHT OPERATION ON THE KIDNAPPERS.



The Commissioner of Police CP Nnaghe Obono Itam has today 24/5/2024 activated onslaught Operations on the abductors of Fr. Basil Gbuzuo and Prof. Sydney Onyeagu of Unizik after their release unhurt by the kidnappers. 


The CP assures that the Command is in high spirit and already leveraging on 

information in this regard especially to frustrate criminal intentions of nonstate actors and reduce crime to the barest minimum in the State. 


SP Tochukwu Ikenga

Police Public Relations Officer,

Anambra State Command.

Awka.


24th May 2024.

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