NBA Appeals To Tinubu For Immediate Reversal Of Fuel Price Surge

NBA Appeals To Tinubu For Immediate Reversal Of Fuel Price Surge

The Nigeria Bar Association (NBA) has called on President Bola Tinubu to instruct the Nigeria National Petroleum Company Limited (NNPCL) to roll back the recent increase in fuel prices. NBA President Afam Osigwe expressed strong disapproval of the price hike, which has seen the pump price surge from ₦617 to approximately ₦900 per litre……CONTINUE READING

In a statement released on Wednesday, Osigwe criticized the timing of the increase, arguing that it exacerbates the already severe economic difficulties faced by Nigerians due to recent government policies. He warned that if the price hike remains in effect, it will worsen poverty and economic hardship across the country.

“The NBA is deeply concerned about the recent fuel price increase by NNPC, which has placed an immense strain on the finances of ordinary Nigerians,” Osigwe said. “This sudden and significant rise imposes an unbearable burden on individuals already struggling with inflation, unemployment, and other economic challenges.”

Osigwe emphasized that while the government may need to make tough economic decisions, these should be made with careful consideration of their impact on citizens’ welfare. He described the price hike as harsh and unjustified given the current economic climate.

The NBA has called for the Federal Government to immediately suspend the price increase and engage in discussions with stakeholders—including civil society organizations, labor unions, and economic experts—to explore more sustainable solutions.

“We urge the government to prioritize the well-being of its citizens, especially the most vulnerable, and to implement policies that ease rather than worsen the hardships faced by Nigerians,” Osigwe added. “The NBA is committed to upholding the rule of law and will continue to advocate for the rights and interests of all Nigerians. We are ready to work with the government to find a fair solution that supports economic stability and protects citizens’ interests.”