This order was granted by Justice Ambose Lewis-Allagoa on Wednesday, February 7, 2024.
The court order includes fixing the prices of various goods and petroleum products such as milk, flour, salt, sugar, bicycles and their spare parts, matches, motorcycles and their spare parts, motor vehicles and their spare parts, as well as petroleum products including diesel, petrol motor spirit (PMS), and kerosene.
This order was granted following an originating motion filed and argued by the applicant and human rights activist, Femi Falana SAN. The court granted all the prayers sought for in the motion papers. The defendants, namely the Attorney-General of the Federation and the Price Control Board, did not oppose the motion
Populist.
ReplyDeleteWaste of judicial time.
Waste of public/tax payers' funds.
Make we no vex o.
The Isokos say that "the truth is good to be spoken".
An order that will not be followed through
ReplyDeleteMtscheww, these courts are for fancy
Gifty
I pray they fix everything, because my tired is tired, no value for money again, everything is going higher and higher in price, employers are increasing their prices without increasing employees' salary.
ReplyDeleteHmm is this the solution? Won't it activate hoarding and ''black market''? Abi no be Nigeria we dey?
ReplyDeleteYou want to regulate price when you just increased import duties in a country that is 90% dependant.
ReplyDeleteLift ban on importation of consumables. Allow more entrance into the market. Dangote is one of our problems due to monopoly. This country ðŸ˜
Don't mind them. Who takes them serious?
DeleteWill they follow the order?
ReplyDeleteIt's only God that will help us, as at yesterday a bag of sugar was 72k,flour 54k,..
Mtceeeeeew
Bag of rice now 74k
DeleteBag of rice, 80k.
DeleteBag of sugar, 95k.
Sluttychic.
This won't work because of so many factors.
ReplyDeleteEven locally harvested goods are on a daily price hike, are we going to blame dollars or import duties on this too? A cob of corn is now 200 for small one, how many people can afford such for just snacks?
ReplyDeleteWhat is happening is no longer funny I just pray it does not escalate into violent protest all over the country.
ReplyDeleteI pray it does…. Nigerians are docile, that is how we got here.
DeleteI hope this works
ReplyDeleteBack to the era of subsidy and on the road to Venezuela. People who worship their stomach instead of working their way through solutions deserve their results.
ReplyDeleteIt was convenient to squander your grandchildren's inheritance on subsidized oil and dollars to import goods that take way their jobs but a few months into correcting the squander of 5 decades is too much for the short sighted. Did Nigerians really think that the years of personal and collective excess won't take years of pain to correct? It seems so. How is inflation going in the USA and Europe despite record profits and a strong jobs market since they printed money and kept people at home for two years? Study those numbers and you will see full time jobs disappearing and being replaced by part time with lowered benefits. Even social services are being reviewed more routinely with people being kicked off and requirements heightened. Delayed payments isn't free.
Falana will just this to further popularize himself then charge his customers if dollars and move his foreign currency to further invest in Dubai and over regions of the world that are serious. He won't bother to sue to control the price and tariffs of the manufacturing countries because they will affect where his treasure really is.
The FG just instructed this judge to give this ruling!! Just imagine that you sell milk and cost price is N2500, then the clueless FG fixes price at N2500. What will a "normal" Nigerian do? Na black market for everything be that na
ReplyDelete