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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TONTO DIKEH WARNS PUBLIC OF NEW FAKE TRANSFER SCAM. (PHOTO).

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 Tonto Dikeh warns public of new fake transfer scam


Nollywood star Tonto Dikeh has raised the alarm about a new scam strategy targeting unsuspecting individuals in public places.

In an Instagram post on Friday, the actress detailed the deceptive scheme, explaining that it involves a scammer falsely accusing someone of making a fake bank transfer after a purchase.

The scammer often creates a dramatic scene, crying and wailing to draw attention, which pressures the accused into resolving the issue immediately.

Dikeh warned that such encounters could lead to significant risks, including public embarrassment, wasted time, loss of property, or even physical harm due to potential mob action before proper help arrives.

“New scam alert! Beware: Someone could approach you in public, crying and wailing, accusing you of making a fake transfer for something you allegedly bought. A crowd gathers, tensions rise, and you’re forced to either pay up or risk jungle justice,” she wrote.

The actress urged the public to exercise vigilance and take precautions to avoid falling victim to this malicious tactic, adding, “Stay vigilant and stay safe because outside is wild these days.”

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