The Socio-Economic Rights and Accountability Project has called on President Bola Tinubu to immediately reverse the latest increase in petrol prices implemented by the Nigerian National Petroleum Company Limited, pending the outcome of a lawsuit challenging the price hike.
This appeal follows the second rise in fuel prices within a month, pushing the cost of petrol from N897 to N1,030 per litre, and sparking public outrage.
The price hikes come at a time of heightened economic strain in Nigeria, where fuel costs significantly impact transportation and the price of goods.
SERAP warned that allowing the fuel price increase to stand while the court case is ongoing would violate the principles of justice and fairness.
The organisation has threatened to pursue contempt proceedings and other legal actions if the government fails to reverse the price hike...
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