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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HOW ALIYU YAKUBA KILLED MAN HE PROMISED TO MAKE 'SUDDENLY RICH' IN ADAMAWA. (PHOTO).

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 How Aliyu Yakuba killed man he promised to make 'suddenly rich' in Adamawa


A 36 years old resident of Jalingo Daddawa village in Hong Local Government Area of Adamawa State identified as Aliyu Yakuba has been arrested for killing one Bassey Isah after extorting different items from him on the pretext that he could make him suddenly rich.

According to the spokesperson of Adamawa Police Command, SP Suleiman Nguroje, Yakuba was arrested on 13, June 2024 for killing Ngoroje and burying his remains in a forest in the community.

The suspect had allegedly obtained three bags of maize from his victims on the pretense of printing and producing naira notes for him.

“The suspect further demanded and received from the Victim a Toyota Starlet car, a Motorcycle, and a Carry Go tricycle, promising to make him rich overnight. The suspect then took Bassey to a forest, where he brutally struck him with an iron rod and buried him,” the Adamawa Police Command spokesperson added.

The suspect volunteered a confessional statement to the allegations and will be charged to court for culpable homicide punishable with death and armed robbery at the conclusion of the investigation.

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