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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RAPPER YOUNG BLEED DIES AT 51 AFTER SUFFERING A BRAIN ANEURYSM. (PHOTO).

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 Rapper Young Bleed dies at 51 after suffering a brain aneurysm

Rapper Young Bleed, born Glenn Clifton Jr., has died at 51 following complications from a brain aneurysm.

His son, Ty’Gee Ramon, shared the news on Instagram Monday, saying his father “gained his wings” on Saturday and expressing a desire to continue honoring his legacy. Ty’Gee noted that while Young Bleed had never faced serious health issues, he managed high blood pressure with medication and described the fatal health event as “a natural thing.”

The Louisiana hip-hop artist had been hospitalized just days after a well-received performance at the Cash Money Verzuz No Limit event at ComplexCon in October. Tameka Long, mother of Young Bleed’s 10-year-old son, said he was placed in the ICU on a ventilator following a brain aneurysm caused by internal bleeding. Young Bleed’s mother confirmed the hospitalization was unexpected and set up a GoFundMe to help with medical costs.

Young Bleed was a key figure in putting Baton Rouge hip-hop on the map in the late 1990s, gaining attention through his collaboration with Master P on the 1997 I’m Bout It soundtrack. His 1998 album, My Balls and My Word, went gold and reached the Top 10 on the Billboard 200 under Master P’s No Limit label. He continued performing and pursuing music until his passing.


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