Premium Times (Abuja)

Nigerian Government Has No Power to Deregulate, Must Fix Petrol Prices, Court Rules

19 March 2013

The Federal Government has no powers to deregulate the downstream petroleum sector and must always fix the price of petroleum products sold across Nigeria, a Federal High Court in Abuja has ruled.

Justice M. Bello on Tuesday morning gave the ruling in the case of Bamidele Aturu versus Minister of Petroleum Resources and the Attorney General of the Federation.

The judge granted the six reliefs sought by Mr. Aturu including the sixth which is "AN ORDER directing the Defendants to fix and publish regularly prices of petroleum products forthwith."

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