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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ONE OF THE FACES BEHIND DR. CHIKE AKUNYILI'S DEATH!. (VIDEO/PHOTO).

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 ONE OF THE FACES BEHIND DR. CHIKE AKUNYILI'S DEATH!


One of the suspected killers of Dr. Chike Akunyili has been apprehended by security operatives in Anambra State. 

Recall that Dr. Chike Akunyili, was shot dead on 28th September 2021, by gunmen at Nkpor, Idemili North, Anambra state on his way back from an event to honour his late wife, Dr. Dora Akunyili at Sharon Hall, All Saints Cathedral, Onitsha, organized by the University of Nigeria Nsukka Alumni Association (UNAA).


In a now circulating video, the arrested susp€ct confessed that they engaged in a gμn battle with Dr. Akunyili's escorts and killed two of them on that day.


Investigations are currently ongoing as efforts are bring made to bring all those involved to justice..

Watch video below. 


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