Nigeria’s Federal High Court Today declared that the policy
of deregulation is unconstitutional, illegal, null and void. The court ordered
Nigeria’s Federal Government to fix and make public by publishing regularly the
prices of petroleum products. #gbam!
The defendants of the case, their agents, and collaborators
were ordered to desist from deregulating the downstream sector of the petroleum
industry, and also from failing to fix the prices of petroleum products as
mandatorily required by the Petroleum Act and the Price Control Act.
Mr. Bamidele Aturu thanked the Court for its judgment, but
also advised Nigerian to watch out and be alert and challenge all increase of
petroleum products.
So all dem users of social network stretch thou thine
antennae to implicate all them wicked petroleum product sellers. Hehehe!
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