Rep. Backs Fuel Price Increase - The Top Society

Rep. Backs Fuel Price Increase


Isaac Faith Ukpong

The Federal House of Representatives have rejected the motion to stop the increase in the price of fuel from N537 to N617 per liter on Wednesday 19th July 2023 that had earlier been increased by the Nigerian National Petroleum Company Limited (NNPCL) the previous day.

The house focus is mainly to investigate the sudden increase in the price of premium motor spirit (PMS) and the resultant increase in transport fares across the country and not to reduce the fuel price as demanded by the masses who have experienced the heat of this hikes in all areas

They requested the Managing Director of the Nigeria National Petroleum Company Limited, Mele Kyari and oil marketers to appear before an ad hoc committee to explain the increase and the ad hoc who are also working towards creating ways to effective distribution of palliatives to Nigerians to cushion the effect of subsidy removal are to come up with feedbacks.

According to Ugochinyere, on Tuesday 18th July, 2023 Petrol Pump Price was increased from N537 to N617 by Petrol marketers, without conferring with the relevant agencies of government which brings the investigation by the House of Representatives siting section 88 (1) and (2) of the Constitution of the Federal Republic of Nigeria, 1999 (As Amended) as it empowers the National Assembly to conduct investigations into the activities of any authority executing or administering laws made by the National Assembly.

The masses are the concern now, they experience all the increase first hand and may not be able to handle this for too long.

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