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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OPERATIVES OF AGUNECHEMBA STORMS ISSEKE COMMUNITY, CALLS ON FLEEING INDIGENE TO RETURN HOME AND ASSURES PEACE.(PHOTO).

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 Operatives of Agunechemba storms Isseke community, calls on fleeing indigene to return home and assures peace.


Members of Agunechemba, led by commander senem, stormed Isseke community to restore peace, law and order. The commander adviced youths who are still hiding in the bushes with arms to surrender their arms willingly, stating that if they don't and he finds them out by himself, it will be disastrous for them.


The Commander also called on indigenes who have deserted the community because of insecurity, to return home and he assured them of their Safety henceforth.

More photos below. 







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