Falana says NNPCL fixing fuel price is illegal and contemptuous
Written by Joey Shekwonuzhibo on July 20, 2023
Human rights lawyer Femi Falana, SAN, has criticized the Nigerian National Petroleum Company Limited for its adjustment of the pump price for premium Motor Spirit also known as petrol, from around N500 to N617 per liter.
Falana was reacting to the NNPCL’s seemingly overnight price hike, which saw the second impromptu petrol price review in under two months — coming from a scope price of N185 in May.
In a statement yesterday, the Senior Advocate of Nigeria notes that President Bola Tinubu, in his inaugural address in May, announced that his administration would govern the country in accordance with the rule of law.
He cited a Federal High Court judgment which held that by the combined effect of the Petroleum Act, Price Control Act and the Constitution, the Federal Government must always fix the price of petroleum products sold across Nigeria