Newsbreak: Court orders Tinubu to fix prices of Petroleum, foodstuff within 7 days

By Samuel Ogunsona

President Bola Ahmed Tinubu has been ordered to fix the prices of petroleum products and foodstuff instead of leaving the country at the market of invincible market forces.

Nigeria has been faced with skyrocketing prices of foodstuff and essentials of life which continue to push millions of people into the extreme edge of human misery.

Factories are also closing up as the naira runs amock in the face of International currencies.

Nigeria now has one of the weakest currencies in West Africa.

The Federal High Court, sitting at Ikoyi, Lagos on Wednesday, February 7, ordered the federal government to fix the prices of goods and petroleum products.

The Government was given seven days to fix the prices of the essential items.

Justice Ambose Lewis-Allagoa granted the order after the originating motion filed and argued by human rights activist, Femi Falana, (SAN)

The judge said: “I have had the applicant Femi Falana in a suit no San,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, 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.”

The judge ordered the Nigerian government to fix the price of Milk, Flour, salt, sugar, bicycles and it’s spare parts, matches, motorcycles and its spare parts, motor vehicles and it’s spare parts as well as Petroleum products, which include: diesel, petrol motor spirit (PMS) and kerosene.