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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BONDI BEACH HERO WHO STOPPED GUNMAN RECEIVES OVER $1 MILLION IN DONATIONS. (PHOTO)

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 Bondi Beach hero who stopped gunman receives over $1 million in donations

Ahmed al Ahmed, a Syrian-Australian tobacco shop owner, has been hailed as a national hero in Australia after disarming one of two gunmen who opened fire during a Hanukkah celebration near Bondi Beach. The attack over the weekend tragically left 15 people dead.

Prime Minister Anthony Albanese praised al Ahmed on Tuesday while visiting a Sydney hospital where he is recovering from multiple gunshot wounds. “At a moment where we have seen evil perpetrated, he shines out as an example of the strength of humanity,” Albanese said. “We are a brave country. Ahmed al Ahmed represents the best of our country.”

Al Ahmed faces a long road to recovery, but support has poured in. More than 40,000 people have donated to an online fundraiser for his recovery, including billionaire hedge fund manager William Ackman, who contributed AU$99,000 ($66,000). Zachery Dereniowski, known online as MDMotivator, surprised al Ahmed in the hospital with a check for 2.5 million Australian dollars ($1.6 million) raised by 43,000 donors.

Reflecting on the outpouring of support, al Ahmed said, “To stand with each other, all human beings, and forget everything bad behind the pack and keep going to save life. When I do save the people, I do it from the heart. Everyone was enjoying, celebrating with their kids, women, men, and teenagers, all happy, and they deserve it. This is the best country in the world, but we’re not going to stand and keep watching. Enough is enough.”


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