NBA asks Nigerian govt to reverse petrol pump prices

The Nigerian Bar Association (NBA) has called on President Bola Tinubu’s administration to reverse the recent petrol price hike, citing its devastating effects on the country’s struggling populace.

Petrol pump prices surged to N1,030 per litre at the Nigerian National Petroleum Company (NNPC) Limited outlets in Abuja, the nation’s capital, while stations in Lagos were selling the commodity at N998 per litre on Wednesday.

“Such drastic adjustments to fuel prices, with no adequate mitigating measures or economic relief, signal a disturbing trend of disregard for the welfare of the Nigerian populace,” the NBA president, Afam Osigwe, said in a statement on Friday.

Mr Osigwe noted that the “much-needed tax breaks and social assistance programmes are yet to be implemented. People are groaning and life has become more difficult.”

He added, “The government’s seeming disregard for the suffering of the people is troubling. Nigerians deserve better— they deserve a government that prioritises their well-being and takes into account the real-world implications of its policies on the populace.

“We therefore call on the government to immediately take steps to reverse this increase and urgently implement measures that cushion the effect of rising fuel prices.”

He said the measures should include “investment in local refining capacity, public transportation, reduced taxation of the income of low-income earners, repair of public roads, improved security so farmers can farm and evacuate their farm products, transparent fuel pricing mechanisms, and broader economic policies aimed at reducing poverty and providing sustainable solutions to Nigeria’s energy challenges.”

The NBA’s statement also condemned the lack of transparency in the government’s decision-making process, particularly the absence of consultations with civil society and the private sector.

Below is the full statement.

Nigerian Government Must be Sensitive to Plight of Nigerians – NBA Condemns Latest Fuel Price Hike to N1,030 Per Litre

The Nigerian Bar Association (NBA) condemns the recent increase in the price of Premium Motor Spirit (PMS) by the Nigerian National Petroleum Company Limited (NNPCL) to N1,030 per litre. This sharp rise, announced on Wednesday, further exacerbates the economic hardships faced by Nigerians, particularly those already struggling to make ends meet. Fuel price increases have a cascading effect on virtually every aspect of daily life in Nigeria. The costs of living, transportation, food, and other goods and services, which have been on the continuous rise, will become even more unaffordable.

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On November 4, 2024, the NBA issued a statement strongly opposing the fuel price hike from N617 to N900 per litre. At that time, we highlighted the severe financial strain this imposed on the average Nigerian household, and the latest increase only compounds these difficulties. Such drastic adjustments to fuel prices, with no adequate mitigating measures or economic relief, signal a disturbing trend of disregard for the welfare of the Nigerian populace. The much-needed tax breaks and social assistance programs are yet to be implemented. People are groaning and life has become more difficult.

The Nigerian Bar Association is particularly concerned that such decisions continue to be made without transparent consultation or dialogue with relevant stakeholders, including civil society and the private sector. The government’s seeming disregard for the suffering of the people is troubling. Nigerians deserve better— they deserve a government that prioritises their well-being and takes into account the real-world implications of its policies on the populace.

We therefore call on the government to immediately take steps to reverse this increase and urgently implement measures that cushion the effect of rising fuel prices. This should include investment in local refining capacity, public transportation, reduced taxation of the income of low-income earners, repair of public roads, improved security so farmers can farm and evacuate their farm products, transparent fuel pricing mechanisms, and broader economic policies aimed at reducing poverty and providing sustainable solutions to Nigeria’s energy challenges.

The NBA remains committed to advocating for policies that promote justice, fairness, and equity for all Nigerians. We reiterate our position that the government must prioritise the welfare of the people and ensure that economic policies do not deepen poverty or further marginalise the most vulnerable in society.

Mazi Afam Osigwe, SAN

President, Nigerian Bar Association