Just In: Reverse Petrol Price Increase

Just In: Reverse Petrol Price Increase …C0NTINUE READING HERE >>>

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu to direct the Nigerian National Petroleum Company Limited (NNPCL) to immediately reverse the second increase in petrol prices in one month.

In the open letter dated 12 October 2024 and signed by SERAP deputy director Kolawole Oluwadare, SERAP asked Tinubu to reverse the increase pending the hearing and determination of the suit before the Federal High Court, Abuja challenging the legality of the powers of the NNPCL to increase petrol prices.

Recall that SERAP had last month filed a…

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