The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to direct the NNPCL to immediately reverse the second increase in petrol prices in one month, pending hearing and determination of the suit before the court.
SERAP had last month filed a lawsuit against the president and the Nigerian National Petroleum Company Limited (NNPCL) at the Federal High Court, Abuja challenging the legality of the powers of the NNPCL to increase petrol prices.
The group said it filed the suit “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.”
