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...

ABIA GOVERNOR ORDERS POLICE PROBE INTO ALLEGED DISAPPEARANCE OF 23-YEAR-OLD.(PHOTO).


 Abia Governor Orders Police Probe into Alleged Disappearance of 23-Year-Old


Governor Alex Otti has ordered the Abia State Police Command to investigate the alleged disappearance of 23-year-old Solomon Ikokwu, an indigene of Amangwu Oloko in Ikwuano Local Government Area, following a disturbing report of his arrest and mistreatment by a disbanded community security outfit.


According to Solomon’s mother, Mrs. Onyekachi Ikokwu, her son was apprehended on September 27, 2025, by members of the Vigilante group on allegations of committing a crime. She claimed the operatives forcibly removed Solomon from their family compound, inflicted severe machete wounds on him, and struck him with a molded block, causing him to bleed and vomit blood. Mrs. Ikokwu further alleged that the operatives placed her unconscious son in a wheelbarrow and took him to a riverside, after which he has not been seen.


She also reported that the perpetrators returned to assault another of her sons and threatened to harm other family members. Mrs. Ikokwu has appealed to the government and the public for help in locating her son, noting that the incident was reported to the Ikwuano Police Division.


The issue was brought to Governor Otti’s attention by a journalist on Thursday, prompting him to direct the state police to conduct a thorough investigation into the matter.

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