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The Socio-Economic Rights and Accountability Project, SERAP, has called on President Bola Tinubu to immediately reverse the latest increase in the price of petrol pending the hearing and determination of a suit before the Federal High Court, Abuja, challenging the legality of the powers of the Nigerian National Petroleum Company Limited, NNPCL, to increase petrol prices. The latest increase has seen NNPCL outlets in Lagos sell a litre of petrol for N998 from the initial price of N855, while in Abuja, it went to N1,030 from N897. In other petrol stations, the price of the product goes for as mu…

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