The Nigerian Bar Association (NBA) has issued a strong condemnation of the recent increase in the pump price of fuel by the Nigerian National Petroleum Company Limited (NNPCL), which has risen from N617 to approximately N900.
The NBA described this sudden price hike as both harsh and unjustified at this time.
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In a statement, NBA President Afam Osigwe (SAN) highlighted that the significant and abrupt increase has placed an unbearable strain on the already stretched finances of ordinary Nigerians.
Osigwe, a Senior Advocate of Nigeria, warned that this development will only exacerbate the economic difficulties faced by millions across the country.
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“The cascading effects of such a steep increase in fuel prices on the cost of living, transportation, and essential goods and services are deeply troubling,” Osigwe said.
“Many Nigerians are already grappling with inflation unemployment, and other forms of hardship, and this additional financial strain is simply unsustainable. If allowed to persist, this price hike will only deepen the poverty and hardship experienced by the citizens.”
While the NBA acknowledged the need for economic reforms and the government’s role in making tough decisions, it emphasized that these decisions must carefully consider their impact on citizens’ welfare.
The NBA has called on the Federal Government to immediately suspend the policy and engage in meaningful dialogue with all relevant stakeholders, including civil society organizations, labor unions, and economic experts, to explore more sustainable and less punitive alternatives.
The association also urged the government to prioritize the welfare of its citizens, especially the most vulnerable, and to implement policies that alleviate, rather than worsen, the hardships faced by the Nigerian people.
The NBA added that it remains committed to upholding the rule of law and will continue to advocate for the rights and well-being of all Nigerians.
It stands ready to work constructively with the government to find a fair solution that ensures economic stability while protecting the interests of all Nigerians.
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