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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AFGHAN NATIONAL ARRESTED IN TEXAS OVER ALLEGED BOMB THREAT, DHS SAYS. (PHOTO).

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 Afghan national arrested in Texas over alleged bomb threat, DHS says

Homeland Security officials announced the arrest of an Afghan national accused of making a bomb threat tied to a social media post in Fort Worth, Texas. Authorities said Mohammad Dawood Alokozay was taken into custody Tuesday after allegedly posting online that he was “building a bomb” and threatening to blow up a building in the Fort Worth area. He was arrested on a state terror charge and is currently being held at a correctional facility in Tarrant County, according to court records. Officials said the arrest was carried out by the Texas Department of Public Safety and a joint terrorism task force.

The arrest came just one day before a separate and unrelated attack in Washington, D.C., in which two National Guard members were shot by another Afghan national, identified as 29-year-old Rahmanullah Lakanwal. One of the victims, U.S. Army Specialist Sarah Beckstrom, later died from her injuries, and Lakanwal now faces a first-degree murder charge. Authorities said immigration officials have also lodged a detainer against Alokozay as the investigation continues. No attorney information for him was immediately available.


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