Human rights lawyer Femi Falana, SAN, says the country’s governors do not have the power to set oil prices.
He said this on Friday night while featured on a PUNCH live interview program.
The punch previously reported that a committee set up by the Nigeria Governors’ Forum headed by the Governor of Ekiti State, Kayode Fayemi, recommended a gasoline price of between N408.5 per liter and N380 N per liter. He also called for the immediate elimination of fuel subsidies.
The proposed price, which is more than 200% of the current price of gasoline at the pump, has been met with outrage as Nigerians have taken to social media to reject it while lamenting the country’s hardship.
Speaking on the issue on The punch “Said Falana,” With deep respect, the Nigerian Governors Forum as an entity, Nigerian governors individually do not have the power to interfere in the pricing of petroleum products.
âArticle 6 of the Petroleum Law, which has not been amended, provides for the Minister of Petroleum Resources to fix the prices of petroleum in Nigeria.
âSo when you are told that the PPPRA, the DPR, the NNPC or the Forum of Governors or the market forces fix the prices of petroleum products, they have abandoned the law.
âWe have a situation where President (Muhammadu) Buhari made himself the Minister of Petroleum Resources, illegally however. As usual, he does not want to take responsibility for punishing the Nigerian people. So he takes a step back and allows all forces to repair petroleum products.