ATIKU MUST EXPLAIN THE LEGAL AND FISCAL BASIS OF HIS PETROL SUBSIDY PROPOSAL. (PHOTO). #PRESS RELEASE.

Image
 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...

EDO MAYHEM: POLICE CONFIRM 7 DEATHS, ARREST OF 14 SUSPECTS. (PHOTO).


 Edo Mayhem: Police Confirm 7 Deaths, Arrest of 14 Suspects


A tragic incident occurred in Uromi, Esan North-East Local Government Area of Edo State, resulting in the deaths of seven people suspected to be kidnappers. According to Moses Yamu, spokesperson of the Edo State Police Command, 14 suspects have been arrested in connection with the killings.


The incident unfolded on March 27, 2025, when a truck conveying 25 travelers from Port Harcourt was accosted by vigilante group members at Uromi. Some of the travelers were found with locally made dane guns and were arrested. However, the situation escalated, and 16 of the occupants were attacked and lynched by the vigilantes and passersby.


Police operatives swiftly intervened, rescuing 10 of the travelers, two of whom sustained injuries and are currently receiving treatment. The police have condemned the killings and urged residents to remain calm and cooperate with the investigation.


In response to the incident, a unit of Police Mobile Force personnel has been deployed to the area to maintain law and order. The Commissioner of Police, Betty Enekpen Isokpan, has cautioned against reprisal attacks or unlawful gatherings that may exacerbate tensions.


The Edo State chapter of the Peoples Democratic Party (PDP) has called on President Bola Ahmed Tinubu to declare a state of emergency in the state due to the rising insecurity.

Comments

Popular posts from this blog

MUSICIAN HARRY-SONG,REVEALS THE FACE OF THE FEMALE FAN WHO IS THREATENING TO KILL HIM.{PHOTOS}.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.