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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POLICE DETAIN HUMAN RIGHTS LAWYER 'FAROTIMI' OVER DEFAMATION CHARGES. (PHOTO).

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 Police Detain Human Rights Lawyer Farotimi Over Defamation Charges


Human rights lawyer Dele Farotimi has reportedly been arrested by operatives of the Nigerian Police Force.


The arrest was first announced by Omoyele Sowore, the 2023 presidential candidate of the African Action Congress, via a post on his X account on Tuesday. Sowore demanded Farotimi's immediate release, stating that the police should not be used to settle personal disputes.


Sowore wrote, “It is important for the Nigerian police to understand that the force should not be used for personal vendettas. Citizens will no longer tolerate this misuse of power. We call on the police at Zone 2 in Lagos to release Barrister Dele Farotimi immediately.”


However, Police spokesperson SP Ummar Ayuba at the Zone 2 Command denied the arrest, saying, “We have not made any arrest. He is not in our custody.”


Meanwhile, Ekiti State Commissioner of Police Adeniran Akinwale confirmed that Farotimi was detained on multiple charges, including defamation of character and cyberstalking, with these two charges already fully established.


Akinwale added, “We had been searching for him before we successfully arrested him. We are currently investigating the case, and once the investigation is complete, we will determine his level of involvement.”

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