Why NNPC’s Decision To Increase Pump Price Of Petrol Is Illegal – Falana

Why NNPC’s Decision To Increase Pump Price Of Petrol Is Illegal – Falana

Human Rights Lawyer, Femi Falana has described the decision of the Nigerian National Petroleum Company Limited (NNPCL) to increase pump price of PMS as illegal.

He was speaking on the sideline of an emergency meeting of the Nigeria Labour Congress (NLC) National Executive Council in Abuja.

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Mr Falana said NNPCL has a limited liability company does not have any legal power to jack up the price of petroleum.

He urged the federal government to go back to the drawing board with a view to finding alternative solution to the problem, one of which he says includes the need to address the dollarization of Nigeria’s economy.

Falana also said Nigerians will challenge the decision, adding, however, that the solution to the fuel problem will be both legal and political.