December 27, 2024
Court Orders FG To Fix Prices Of Goods In Seven Days
News Today In the News

Court Orders FG To Fix Prices Of Goods In Seven Days

The Federal High Court in Lagos has ordered the Federal Government to fix the prices of goods and petroleum products within seven days.

Justice Ambrose Lewis-Allagoa specifically ordered the government to fix the price of 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, which includes diesel, Premium Motor Spirit and kerosene.

The judge’s order followed a suit filed by human rights activist, Mr. Femi Falana, against the Price Control Board and the Attorney-General of the Federation, listed as the first and second defendants.

READ ALSO: Federal Government Says 88.4m People In Nigeria Living In Extreme Poverty

Mr. Falana had approached the court to determine whether by virtue of Section 4 of the Price Control Act, the Price Control Board is carrying out its duty to impose a price on any goods that are of the kind specified in the First Schedule to the Price Control Act.

He also told the court that the defendants in the suit have been served with the processes since it was filed in May 2023, but refused and failed to file any response or counter to it.

Justice Lewis-Allagoa, after listening to Falana’s submission, observed that the respondents did not file any counter to the suit.

Leave feedback about this

Now Global

Ball Sports, Now Sports

Business News