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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COALITION OF NIGERIAN YOUTH LEADERS PETITION IGP OVER MISSING ANAMBRA BILLIONAIRE. (PHOTO).

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 Coalition of Nigerian Youth leaders petition IGP over missing Anambra billionaire


‎Just Few weeks after the wife of the missing Anambra billionaire, BigBen, cried out for the intervention of President Bola Tinubu over the case of her missing husband, the Coalition of Nigerian Youth Leaders (CONYL), have also appealed to President Bola Tinubu to instruct the Inspector-General of Police, Kayode Egbetokun, and other security agencies to conduct a thorough investigation into Ezemma’s disappearance.

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‎In a statement released on Thursday in Awka, signed by CONYL President-General, Comrade Ibem Goodluck, the group expressed deep concern over the incident, describing Ezemma as a respected businessman and father of three young children, all under the age of five.

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‎“We will not remain silent in the face of such injustice. Every moment counts. We stand in full solidarity with Mr. Ezemma’s family and demand swift government action,” 

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According to the statement, ‎Ezemma, was reportedly last seen after honouring an invitation to a hotel meeting with a candidate in the upcoming 2025 Anambra governorship election. He has not been seen or heard from since.

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‎CONYL maintained that the situation goes beyond a personal tragedy or state matter, stressing that it highlights broader issues related to national security and the rule of law

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‎The coalition urged all relevant authorities to leave no stone unturned in uncovering the circumstances surrounding Ezemma’s disappearance and ensuring his safe return.

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