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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MASS KILLER DIES AS VICTIM STILL DEMAND JUSTICE. (PHOTO).

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 Mass killer dies as victims still demand justice


Louis van Schoor, a convicted mass murderer in South Africa known as the “Apartheid Killer”, has died.

The 72-year-old had been in hospital with an infection in his leg. His daughter told the BBC he died on Thursday afternoon “due to complications from sepsis”.

Van Schoor’s death came less than a week after a BBC investigation into his past, which exposed horrific new details about a series of killings he carried out in the late 1980s during the final years of white-minority rule.

The sister of one of his victims has told the BBC she hopes the police will re-open the cases for investigation despite his death.

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