HOUSE OF REPS HAVE DECLINED THE PROPOSAL TO STOP THE INCREASE IN THE PRICE OF FUEL.

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HOUSE OF REPS HAVE REFUSED THE MOTION TO STOP THE RISE IN THE PRICE OF FUEL AND CHANGE BACK TO THE OLD PRICE OF 537 PER LITER MEMBERS VOTED IN OPPOSITION TO THE ADJUSTMENT AFTER DEPUTY SPEAKER BENJAMIN KALU WHO IS RESPONSIBLE OVER FULLY CONSTITUTED QUESTIONED IF IT WAS IN THE FORETHE OF THE HOUSE TO TAKE SUCH A POSITION SINCE PUMP PRICE IS MANAGED BY THE MARKET FORCES. A MEMBER, HON. UGOCHINYERE IKENGA HAD MOVED A MOTION CALLING FOR THE HOUSE TO RISE AN INVESTIGATION OVER THE PRICE OF FUEL SINCE THE SUBSIDY WAS REMOVED. NOTWITHSTANDING, THE HOUSE DETERMINED TO INVESTIGATE TO DETERMINE THE ACCURACY OF THE INCREASES. ON THE OTHER HAND, THE HOUSE ALSO REFUSED A MOTION TO SET UP AN AD-HOC COMMITTEE TO AGGREGATE THE VIEWS OF LAWMAKERS, CIVIL SOCIETY ORGANISATIONS, AS WELL AS THE PUBLIC, AND INVOLVE THE GOVERNMENT IN THE SELECTION OF THE BEST PALLIATIVE OPTIONS TO LESSEN THE EFFECT OF FUEL SUBSIDY REMOVAL IN NIGERIA.
N537 PER LITER

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