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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PASSENGERS INJURED AS KADUNA-ABUJA TRAIN REPORTEDLY COLLIDES WITH ANOTHER TRAIN. (VIDEO/PHOTO).

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Passengers Injured As Kaduna-Abuja Train Reportedly Collides With Another Train


Hundreds of passengers were stranded Monday morning after an Abuja-bound train from Kaduna reportedly collided with another train along the route, prompting an immediate suspension of services.


The accident occurred during the peak morning commute, raising concerns about safety measures and signaling systems on one of Nigeria’s busiest rail corridors.


Witnesses described the impact as a “sudden and violent jolt” that brought both trains to a halt.

"We were moving steadily when there was a loud bang and the train abruptly stopped," one passenger shared on social media. "We later realized we had collided with another train. Everyone is shaken, waiting for official updates."


Another passenger, Sada Malumfashi, said, “Just got off the Kaduna-Abuja train. There was a loud bang, and the train jolted, throwing people around. Several passengers were hit, with many bleeding and seriously injured.”

Watch video below. 


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