Court Orders FG To Fix Prices Of Goods , Petroleum Products

Court Orders FG To Fix Prices Of Goods , Petroleum Products

The President Bola Tinubu administration has been directed by a Federal High Court in Ikoyi, Lagos, to establish price regulations for goods and petroleum products within a seven-day period.

This order was issued by Justice Ambose Lewis-Allagoa in response to an originating motion presented and argued by applicant and human rights activist, Femi Falana, SAN.

Granting the order, the judge said, “I have heard the applicant Femi Falana in a suit no FHC/L/CS/869/2023 and I have also discovered that despite the service of the originating motion on the respondents, namely Attorney-General of the Federation and the Price Control Board, there is no opposition to it by way of counter affidavit, which is law that all the facts deposed in the affidavit attached to the originating motion are all deemed admitted.

“Consequently, all prayers that are sought for in the motion papers are hereby granted as prayed.”

In accordance with the judgment, the Nigerian Government must determine the prices of various commodities, including milk, flour, salt, sugar, bicycles and their spare parts, matches, motorcycles and their spare parts, motor vehicles and their spare parts, as well as petroleum products such as diesel, petrol motor spirit (PMS), and kerosene.