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SERAP Calls on Tinubu to Halt Petrol Price Increase During Court Proceedings
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to promptly reverse the recent increase in petrol prices while a lawsuit questioning the Nigerian National Petroleum Company Limited’s (NNPCL) authority to raise fuel prices is pending before the Federal High Court in Abuja.
The latest price adjustments have seen petrol retailing for N998 per litre at NNPCL outlets in Lagos, a significant jump from the previous price of N855.
In Abuja, the price has risen to N1,030 from N897, with some stations in Lagos reportedly charging as much as N1,050.
This demand comes on the heels of SERAP’s lawsuit filed last month against President Tinubu and the NNPCL, addressing not only the failure to roll back the fuel price increase but also allegations of corruption and mismanagement within the NNPCL.
SERAP has consistently emphasized that these actions are crucial for the well-being of Nigerian citizens, especially amid the current economic challenges.
In an open letter dated October 12, 2024, and signed by Deputy Director Kolawole Oluwadare, SERAP argued that the recent price hikes undermine the integrity of the ongoing court case, risking the possibility of justice being obstructed.
The organization highlighted that one of the fundamental tenets of the rule of law is its application to everyone, including presidents and executives of public organizations.
SERAP’s letter asserted that maintaining the purity and clarity of the judicial process is vital for public trust in the legal system.
It stressed that the recent increase in petrol prices could prejudice the case’s outcome and damage the public’s confidence in the court’s ability to deliver justice.
The letter referenced President Tinubu’s commitments since assuming office in May 2023, where he assured citizens that Nigeria would be governed in accordance with the Constitution and the rule of law.
SERAP expressed concern that raising fuel prices while the legal case is ongoing would contradict those assurances and undermine the government’s credibility.
In conclusion, SERAP requested that immediate measures be taken to reverse the price hike and comply with their request.
The organization warned that failure to do so may lead to contempt proceedings or other legal actions aimed at ensuring compliance in the public interest.
SERAP remains committed to holding public institutions accountable and fighting for the rights of Nigerians, emphasizing the necessity of transparency and good governance.
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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