SERAP To Tinubu: Reverse Latest Petrol Price Hike Pending Court Verdict

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(SINL NIGERIA) A group, the Socio-Economic Rights and Accountability Project (SERAP) is demanding an immediate reversal of the latest increase in the price of petrol.

The group urged President Bola Tinubu to direct the Nigerian National Petroleum Company Limited (NNPCL) to immediately reverse the second increase in petrol prices in one month, 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.

The latest increase has seen NNPCL outlets in Lagos sell a litre of petrol for ₦998 from the initial price of ₦855, while in Abuja, it went to ₦1,030 from ₦897.

In other filling stations, the price of the product goes for as much as ₦1,050 in some parts of Lagos State.

Recall, SERAP had last month filed a lawsuit against the president and NNPCL “over the failure to reverse the apparently unlawful increase in the pump price of petrol, and to probe the allegations of corruption and mismanagement in the NNPCL.”

In its open letter dated 12 October 2024 and signed by its deputy director Kolawole Oluwadare, SERAP said, “The latest increase in petrol prices makes a mockery of the case pending before the Federal High Court, and creates a risk that the course of justice will be seriously impeded or prejudiced in this case.”

The letter according to Channels TV report, SERAP said, “One of the fundamental principles of the rule of law is that it applies to everyone, including presidents and CEOs of public institutions.”

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SERAP said “It is in the public interest to keep the streams of justice clear and pure, and to maintain the authority and integrity of the court in the case.”

The organisation also said, “Allowing the Federal High Court to hear and determine the case would be entirely consistent with the letter and spirit of the Nigerian Constitution 1999 [as amended], your oath of office and oft-repeated promises to uphold the rule of law.”

The letter read in part: “SERAP notes that since assumption of office in May 2023 you have repeatedly promised, including in your inaugural speech, that ‘Nigeria will be impartially governed according to the Constitution and the rule of law.’”

“Increasing petrol prices while the Federal High Court case is pending would prejudice and undermine the ability of the court to do justice in the case, damage public confidence in the court, prejudice the outcome of the case, as well as impede the course of justice.”

“We would be grateful if the recommended measures are immediately taken following the receipt and/or publication of this letter, failing which SERAP shall consider contempt proceedings and/or other appropriate legal actions to compel your government and NNPCL to comply with our request in the public interest.”

“If not immediately reversed, the latest increase in petrol prices would seriously undermine the integrity of the Nigerian Constitution and have serious consequences for the most vulnerable and disadvantaged Nigerians and the public interest.”

“Protecting the right to a judicial recourse and due administration of justice is of utmost importance, being the cornerstone of an ordered society.”

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