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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RSF DRONE STRIKES HIT KHARTOUM AIRPORT AHEAD OF PLANNED REOPENING. (PHOTO).

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 RSF drone strikes hit Khartoum Airport ahead of planned reopening


The paramilitary Rapid Support Forces (RSF) have launched drone strikes on key sites in Sudan’s capital, targeting Khartoum International Airport and an electricity converter station, TRT Afrika reported.


Witnesses cited by Rakoba News on Tuesday said at least eight explosions were heard in and around the airport area, which the Sudanese Civil Aviation Authority had planned to reopen for domestic flights on Wednesday, its first operations since the conflict began nearly 30 months ago.


The attack appeared aimed at disrupting the long-delayed reopening, the outlet said. 


Several drones shot down


Sudanese army units reportedly shot down several drones, but others struck their targets, causing damage and panic in nearby neighbourhoods.


Neither the army nor the RSF immediately commented on the reports.


The Sudanese army announced in March that it had regained control of Khartoum airport and several surrounding districts for the first time since war erupted between the two sides in April 2023.


The ongoing conflict has killed more than 20,000 people and displaced over 14 million, according to the UN, one of the world’s worst humanitarian crises.

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