Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Government

NBA Requests a Reversal of Fuel Price Increases

Elizabeth OkandejibyElizabeth Okandeji
September 5, 2024
in Government
0
NBA Requests a Reversal of Fuel Price Increases
Share on FacebookShare on TwitterShare on Whatsapp

The Nigerian Bar Association (NBA) has sought an immediate reversal of the recent fuel price hike, claiming that if the development continues, it will exacerbate citizens’ poverty and hardship.

In a statement issued by its president, Mazi Afam Osigwe, the group stated that the huge and abrupt increase in petrol prices has thrown an unacceptable burden on ordinary Nigerians’ already stretched budgets, exacerbating the economic hardships experienced by millions across the country.

The statement reads: “The NBA expresses deep worry and strong criticism over the recent increase in the pump price of petrol by the Nigerian National Petroleum Company (NNPC), which has risen drastically from 617 Naira to almost 900 Naira.

The huge and abrupt increase has thrown an onerous strain on ordinary Nigerians’ already overburdened budgets, exacerbating the economic hardships that millions suffer across the country.

“The cascading repercussions of such a sharp increase in fuel costs on the cost of life, transportation, and vital commodities and services are quite concerning.

Many Nigerians are already dealing with inflation, unemployment, and other forms of hardship, and the added financial strain is simply unsustainable.

If permitted to continue, the price increase will exacerbate the citizens’ poverty and hardship.

“While the NBA recognises the importance of economic changes and the government’s responsibility to make difficult decisions, these decisions must be made with careful regard for their impact on citizens’ welfare.

The NBA sees this unexpected price increase as not only harsh, but also unreasonable at this point.

“In light of this, the Nigerian Bar Association urges the Federal Government to immediately suspend the implementation of this policy and engage in meaningful dialogue with all relevant stakeholders, including civil society organisations, labour unions, and economic experts, to explore more sustainable and less punitive alternatives.

Table of Contents

Toggle
  • What they’re Saying
  • Bottom Line

What they’re Saying

“We urge the government to prioritise the welfare of its citizens, especially the most vulnerable, and to promote measures that alleviate rather than worsen Nigerians’ problems.

“The NBA is committed to maintaining the rule of law and will continue to work for the rights and well-being of all Nigerians.

“We are willing to work constructively with the government to develop a more equitable approach that ensures economic stability while protecting the interests of all Nigerians.”

Bottom Line

The Nigerian Bar Association’s (NBA) call for a reversal of the recent fuel price hike reflects the deep concerns shared by many Nigerians over the rising cost of living and the government’s handling of economic reforms.

The NBA’s position shows the fact that while tough economic measures may be necessary, they must be balanced with the welfare of citizens, particularly the most vulnerable. The sharp rise in petrol prices, from ₦617 to nearly ₦900, has immediate and far-reaching consequences, not only for transportation and goods but for every facet of daily life.

The association’s criticism resonates because the fuel price hike is happening at a time when Nigerians are already grappling with inflation, unemployment, and broader economic challenges.

The NBA is right to point out that abrupt increases without corresponding cushioning mechanisms can push more people into poverty and deepen the economic struggles of millions.

Tags: federal characterfuelincreaseNBANBA Requests a Reversal of Fuel Price IncreasesNewspriceReversal
Elizabeth Okandeji

Elizabeth Okandeji

A wordsmith with a passion for all things tech. I write captivating articles and unravel complex concept in the world of technology.

Related Posts

Ai Weiwei Says the West Has No Moral Ground on China
Government

Ai Weiwei Says the West Has No Moral Ground on China

January 29, 2026
Germany Flirts with Nuclear Power Despite Treaty Ban
Government

Germany Flirts with Nuclear Power Despite Treaty Ban

January 29, 2026
U.S. Sends Sixth Warship as Middle East Tensions Boil
Government

U.S. Sends Sixth Warship as Middle East Tensions Boil

January 29, 2026
Next Post
Why I Never Imagined Getting Married – Nancy Isime

Why I Never Imagined Getting Married - Nancy Isime

Superyacht Suffocation: Victims Trapped Without Oxygen in Sicily Disaster

Superyacht Suffocation: Victims Trapped Without Oxygen in Sicily Disaster

Macron Appoints Michel Barnier as Prime Minister Amid Political Deadlock

Macron Appoints Michel Barnier as Prime Minister Amid Political Deadlock

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

AY Makun And May Edochie Shocks Fans With New Movie Release

AY Makun And May Edochie Shocks Fans With New Movie Release

1 year ago
Nigeria to Gain $7.5bn Annually from Fuel Subsidy Removal – Presidency

Nigeria to Gain $7.5bn Annually from Fuel Subsidy Removal – Presidency

1 year ago
Court Restricts VIO from Stopping, Impounding and Confiscating Vehicles

Court Restricts VIO from Stopping, Impounding and Confiscating Vehicles

1 year ago
Ogun Govt Condemns Portable For Assaulting Officials At His Bar

Portable Laments As Government Seals His Building, Hotel, Detains 20 People

12 months ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump UK ukraine US
No Result
View All Result

Highlights

Germany Flirts with Nuclear Power Despite Treaty Ban

Sheinbaum and Trump Find Common Ground on Trade

U.S. Sends Sixth Warship as Middle East Tensions Boil

How I Was Thrown Out After Catching My Ex-Lover Cheating – Osas Ighodaro

Champions​‍​‌‍​‍‌ League Phase Verdict: Arsenal Shine as Giants Stumble in New-Format Reality Check

Rybakina​‍​‌‍​‍‌ beats Pegula to reface Sabalenka in Aussie Open final

Trending

The Big Smoke: Why Pop Culture is Relapsing into 'Nicotine Chic'
Fashion & Lifestyle

The Big Smoke: Why Pop Culture is Relapsing into ‘Nicotine Chic’

bySomto Nwanolue
January 30, 2026
0

If you had told me in 2022—the year all the Instagram IT girls were buying $18 Erewhon...

A Bleak Start to 2026 as Black Market FX Batters the Naira

A Bleak Start to 2026 as Black Market FX Batters the Naira

January 30, 2026
Ai Weiwei Says the West Has No Moral Ground on China

Ai Weiwei Says the West Has No Moral Ground on China

January 29, 2026
Germany Flirts with Nuclear Power Despite Treaty Ban

Germany Flirts with Nuclear Power Despite Treaty Ban

January 29, 2026
Sheinbaum and Trump Find Common Ground on Trade

Sheinbaum and Trump Find Common Ground on Trade

January 29, 2026

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • The Big Smoke: Why Pop Culture is Relapsing into ‘Nicotine Chic’
  • A Bleak Start to 2026 as Black Market FX Batters the Naira
  • Ai Weiwei Says the West Has No Moral Ground on China

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com