The Federal High Court in Lagos on Wednesday ordered the Federal Government to fix the prices of goods and petroleum products within seven days.
Justice Ambrose Lewis-Allagoa specifically ordered the government to fix the price of milk, flour, salt, sugar, bicycles, and their spare parts, matches, motorcycles and their spare parts, motor vehicles and their spare parts as well as petroleum products, which includes diesel, Premium Motor Spirit and kerosene.
The judge gave the order while delivering judgment in a suit filed by Senior Advocate of Nigeria, Femi Falana, against the Price Control Board and the Attorney-General of the Federation, listed as the first and second defendants.
He also noted that the Price Control Act 2004 gives the Price Control Board powers to fix the prices of this wide array of commodities, especially now that the situation in the market is by each passing day becoming more unbearable for consumers