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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'YOU FELL FOR THE BAIT'- AISHA YESUFU BLASTS DSS OVET SOWORE'S ARREST . (PHOTO).

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 ‘You fell for the bait’ – Aisha Yesufu blasts DSS over Sowore’s arrest


Socio-political activist, Aisha Yesufu has knocked the Department of State Services, DSS over the arrest of the former presidential candidate of the African Action Congress, AAC, Omoyele Sowore.

DAILY POST reported earlier that Sowore, one of the organizers of the EndBadGovernance protests, was picked up by operatives of the secret police in Lagos on Sunday.

He was arrested upon his return to Nigeria from the United States, however, he confirmed his release in a post on X.

Reacting to the arrest, Aisha in a post on her official X handle, said the secret police are shameless and unintelligent.

She wrote, “DSS/SSS is not only shameless but unintelligent. They fell for the bait! Kai!

“No wonder terrorists are using them to chew gum”.

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