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

Belarus Denied Access to Trump Board Despite Doing Everything Right
Government

Belarus Denied Access to Trump Board Despite Doing Everything Right

February 19, 2026
Russia Warns as U.S. Tightens Military Grip on Iran
Government

Russia Warns as U.S. Tightens Military Grip on Iran

February 19, 2026
23-Year-Old Gardener Fighting for Life as Mugabe's Son Faces Attempted Murder Probe
Government

23-Year-Old Gardener Fighting for Life as Mugabe’s Son Faces Attempted Murder Probe

February 19, 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

Cargo Jet Crash Kills One, Injures Three in Lithuania

Cargo Jet Crash Kills One, Injures Three in Lithuania

1 year ago
Notre-Dame Cathedral Reopens: A Triumph of Hope and Restoration

Notre-Dame Cathedral Reopens: A Triumph of Hope and Restoration

1 year ago
FIFA orders NFF to pay Genort Rohr $380,000

FIFA orders NFF to pay Genort Rohr $380,000

4 years ago
Israeli Airstrike in Southern Lebanon Kills 10, Including Children

Israeli Airstrike in Southern Lebanon Kills 10, Including Children

2 years 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

Music War Looms As Beautiful Nubia Drags Ayefele, BBO Into Copyright Dispute

Russia Warns as U.S. Tightens Military Grip on Iran

23-Year-Old Gardener Fighting for Life as Mugabe’s Son Faces Attempted Murder Probe

Real Madrid Present Evidence as UEFA Looks Into Vinicius Junior Racism Claim

Third Time in History: South Korea Sentences Another Ex-President to Life for Insurrection

UK 66th Birthday Raid: Britain’s Fallen Prince Arrested Over Epstein Secrets

Trending

Belarus Denied Access to Trump Board Despite Doing Everything Right
Government

Belarus Denied Access to Trump Board Despite Doing Everything Right

byEriki Joan Ugunushe
February 19, 2026
0

Belarus has voiced frustration after being denied visas to attend the inaugural meeting of U.S. President Donald...

Bukayo Saka Pens a New Long Term Contract as Arsenal Looks Forward to the North London Derby

Bukayo Saka Pens a New Long Term Contract as Arsenal Looks Forward to the North London Derby

February 19, 2026
Over Valentine's weekend, North West descended on Soho like a Gen Alpha hurricane. Flanked by friends, the 12-year-old moved through the racks of Alexander Wang

North West and the Dearth of the “Proper” Celebrity Daughter

February 19, 2026
Music War Looms As Beautiful Nubia Drags Ayefele, BBO Into Copyright Dispute

Music War Looms As Beautiful Nubia Drags Ayefele, BBO Into Copyright Dispute

February 19, 2026
Russia Warns as U.S. Tightens Military Grip on Iran

Russia Warns as U.S. Tightens Military Grip on Iran

February 19, 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

  • Belarus Denied Access to Trump Board Despite Doing Everything Right
  • Bukayo Saka Pens a New Long Term Contract as Arsenal Looks Forward to the North London Derby
  • North West and the Dearth of the “Proper” Celebrity Daughter

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