Femi Falana Calls Out NNPCL for Illegal Petrol Price Fixing, Citing Violation of Petroleum Industry Act
In recent developments, prominent human rights lawyer, Femi Falana, has publicly criticized the Nigeria National Petroleum Company Limited (NNPCL) for fixing petrol prices, which he says is a violation of the Petroleum Industry Act (PIA). Falana’s critique has sparked significant debate, particularly given the rising fuel prices that have unsettled Nigerians in recent months. At […]
NNPCL Attributes Petrol Price Hike to Forex and Market Forces
The Nigerian National Petroleum Company Limited (NNPCL) has recently faced criticism for the sharp increase in the price of Premium Motor Spirit (PMS), commonly known as petrol. According to the company, this hike is not a result of its policies, but is largely driven by external factors, specifically foreign exchange rates and the natural forces […]