SoNature:
At this point, Nigeria ought to have a price control board. How can people wake up and increase their prices without consequences? It makes no sense!

many African countries have price regulatory agencies/board but Nigeria that calls itself "the giant of Africa" has none. People increase prices indiscriminately, making abnormal profits for thier selfish gain and at the detriment of the masses. Govt. needs to wake up this time to address this issue.

Ginik:
How possible will it be please

It's not possible jare. The government the price of food that is not produced by the government? Don't mind them.

SoNature:
At this point, Nigeria ought to have a price control board. How can people wake up and increase their prices without consequences? It makes no sense!

We have a price control board. It's just that you can't control the prices of something you don't produce. If you attempt it, you will tank the economy.

favor914:
Just hopped into the thread to see which insane lawyer filed such a frivolous suit?

Wasn’t surprised.

Man must make name.

ivolt:
Unenforceable order.
What does the judge mean by "fix price of goods"?

what I understand. First, the federal government in the last 6 months have made policies and decisions that has affected the economy negatively and things have gone worse. But the producers and middle men tend to use this federal decisions and policies to make more artificial gains at the expense of the poor masses.



I think the FG just fold it hands and allow anything to be. Hence prices increased anyhow as if we don't have a regulatory body again.



Take a look at Rice that is produced locally?

What of oil? Both vegetable and cooking oil?

Beans? Garri nko?? Garri wey used to be common and cheapest.





This Government and administration has failed us!





I am an advocate of time, but in the passage of time things got worse in your hands, u are on the path of failure already.

fergie001:

Hahaha
How does the FG intend to do it?
Hahaha, Allagoa started from the Bayelsa Judiciary before joining the FHC in 2004. He is from Nembe and is No 7 on the Seniority list.

He is a sound Judge Sha, and he has ruled... Who wan implement am, make e come?

Lol

In fairness to the judge, the suit was not opposed, so judge acted in accordance with the law - strictly speaking. It's the person that brought the suit that is mad.

Who owns the court?

JuanDeDios:

We have a price control board. It's just that you can't control the prices of something you don't produce. If you attempt it, you will tank the economy.

I don't think Nigeria has a price regulatory board because I have never heard that in decades. Besides, there are lots of commodities we locally produce whose prices are skyrocketing. Example, garri, palm oil, beans, onions, tomatoes, etc.

But then, insecurity has contributed to what we go through today because farmers in the North pay fines to terrorists before farming. If you don't pay, they waste you. Despite that, foodstuff shouldn't be this expensive.

And it's high time government in the South started investing and promoting agriculture. Southern Nigeria also has arable soil. Our problem is that the government has refused to encourage mechanised agriculture because we depend on the north for feeding.

Figger:
many African countries have price regulatory agencies/board but Nigeria that calls itself "the giant of Africa" has none. People increase prices indiscriminately, making abnormal profits for thier selfish gain and at the detriment of the masses. Govt. needs to wake up this time to address this issue.

Correct!


We have price regulatory body oo.. but na camouflage. Nothing dem dey do other than siddon collect money for office.

nairavsdollars:


https://thenationonlineng.net/breaking-court-orders-federal-govt-to-fix-price-of-goods-within-seven-days/

Jamboree judgement! Same government that imposed high taxes and higher cost of production

JuanDeDios:

We have a price control board. It's just that you can't control the prices of something you don't produce. If you attempt it, you will tank the economy.

What we are saying is a ceiling on the artificial gains and somewhat extortion.


This administration promised to have agricultural marketing boarding? Where is it?

What many state government should do is to buy many of these products from farmer and have them stocked. That way farmers have their money at hand and the government can have where the release the products to the market or have a board where u go and buy.



They just have to find a way around it.

Court now an economics career. These country is hopeless indeed

JuanDeDios:

In fairness to the judge, the suit was not opposed, so judge acted in accordance with the law - strictly speaking. It's the person that brought the suit that is mad.

haba!


What the person bring to the court,was it good or bad??



Sometimes we too damn hard on individuals

nairavsdollars:


https://thenationonlineng.net/breaking-court-orders-federal-govt-to-fix-price-of-goods-within-seven-days/

Some of these judges are sick in the head and beyond redemption.

As for Falana and his son, their ‘I-Too-Know’ (ITK) is deeply nauseating.

ThaFirstLady:
Folks like you andla are part of the challenges of Nigeria. Rather than lend your voice in support of this great stride taken by Falana, you sit carelessly wherever you are undermining such great steps. Now tell me, how can there be real positive change if everyone talks casually and carelessly of what otherwise can be an impactful step? When end SARS started, if everyone had spoken carelessly about it, how would it have registered with the people in position?

That's not how I meant it.
Am historical view of price control board is that they were abolished in the 1980s.
So I'm just surprised to hear we still have such

integrity16:
Falana is just testing the law, there is a Price Control Act in the Nigeria's constitution so there is nothing wrong in what he has done.

Some of our laws are contradictory especially when you consider fixing prices for petroleum products when we already have the Petroleum Industry Act (PIA).

Our legislooters should sit up and work on these contradictory laws in our constitution instead of chasing money for constituency projects and make irrelevant laws.

Controlled commodities

1. Bicycles and spare parts.

Flour.
Matches.
Milk.
Motorcycles and spare parts.
Motor vehicles and spare parts.
Petroleum products.
Salt.
Sugar.

These are the commodities whose price are to be controlled by the price control act. Petroleum products are covered.
It was a 1978 law re-enacted in 2004

khattab02:
what I understand. First, the federal government in the last 6 months have made policies and decisions that has affected the economy negatively and things have gone worse. But the producers and middle men tend to use this federal decisions and policies to make more artificial gains at the expense of the poor masses.

I think the FG just fold it hands and allow anything to be. Hence prices increased anyhow as if we don't have a regulatory body again.

Take a look at Rice that is produced locally?

What of oil? Both vegetable and cooking oil?

Beans? Garri nko?? Garri wey used to be common and cheapest.

This Government and administration has failed us!

I am an advocate of time, but in the passage of time things got worse in your hands, u are on the path of failure already.

You didn't explain how the order can be enforced.

The fact that something is produced locally can't negate economic realities
when the price of a major part of production, energy was tippled.

BTW, who are those you think are making artificial gains?

SmartyPants:
This judgment will be overturned with a stern rebuke for the Judge. The Petroleum Industry Act is a more recent legislation that prohibits government interventionism in the petroleum industry. Relying on an older Act is wrong and will surely be overturned at a superior Court.

Where did you get this funny idea from

People can deceive themselves for this country

khattab02:
What we are saying is a ceiling on the artificial gains and somewhat extortion.


This administration promised to have agricultural marketing boarding? Where is it?

What many state government should do is to buy many of these products from farmer and have them stocked. That way farmers have their money at hand and the government can have where the release the products to the market or have a board where u go and buy.



They just have to find a way around it.

Bolded is a good idea - if someone can make it work.

Everybody is confused right now, how do you fix price when buyers bought it high to just add them transport cost to re sell it, now Mr San the only way forward tell your fellows that them have to return to honest ways of law , noway you can trap peoples money forcefully to make it like Tinubu government is be hold up for high cost of goods , no , hold up is on government past corruptions , see all billions looted Is the cost of this bullshit, Mr San say the truth let move on because you are the part of the corruption lawyers

SoNature:


I don't think Nigeria has a price regulatory board because I have never heard that in decades. Besides, there are lots of commodities we locally produce whose prices are skyrocketing. Example, garri, palm oil, beans, onions, tomatoes, etc.

But then, insecurity has contributed to what we go through today because farmers in the North pay fines to terrorists before farming. If you don't pay, they waste you. Despite that, foodstuff shouldn't be this expensive.

And it's high time government in the South started investing and promoting agriculture. Southern Nigeria also has arable soil. Our problem is that the government has refused to encourage mechanised agriculture because we depend on the north for feeding.

Oh, a board does exist alright. Yes, there's a lot the SGs can do to promote agriculture.

On bolded, those prices are regulated by market forces. Imagine you're at your shop selling a bag of beans for N10,000 and your market rep calls you to tell you that the price has just gone up to N10,800 because the rain that fell the previous day destroyed the road to Maiduguri and and truck drivers jacked up their fares. Will you continue to sell at 10k, knowing that if you do you won't be able to restock your shop?

Kukutenla:
Nigeria still has price control board?

This judge must be high
Fergie001 check if he's due for retirement soon and he wants to go out with a bang!!

Do you think you know more than this people? Many ministries are only constitutionally existing on paper but government killed them. He might just intentionally put it there because he knows the constitution mandated for the establishment of the board and if not available, the government have ran against the law. Sometimes when you read something, especially if it comes from silk with sense, don't argue it, go for investigation.
Everything should not point towards hailing the government that is dear to you. There's need for this country to move forward or are you not tired as the country is drifting day in day out?

Kukutenla:

Where did you get this funny idea from

Basic legal principles. Where two legislations conflict, the latter in time is deemed to have ammended the former. So, tell me, what do you know about legal principles?

khattab02:
haba!


What the person bring to the court,was it good or bad??



Sometimes we too damn hard on individuals

It's frivolous. The government can't fix the prices of anything it doesn't produce.

MrProlific95:
Kudos to Falana, at least he did take action

This is a typical omoluabi, not by only criticism condemning. Take actions that is loud and logical. Tinubu is a law abiding and he will give directives on this judgement. After all noone expecting AGF to appeal. Tinubu knows so much about how to use strategies in achieving goals, since some people didn't like prices of commodities and items to be fixed, or control, With this government have no story, except they will appeal which I don't think they will.

Atiku, obi others should learn on how to shake government to do the right thing

Next, someone should go to court to stop security votes for governors in the state with more violence.

Another person must go to court to ask govt. To stop civil servants from making extra money apart from Thier monthly salary .

Another party should go to court to compel FG to sack immediately all bank manger in the branches where customers account are defrauded.

Las Las we will be sure if results.

IfnobeGod20:

Do you think you know more than this people? Many ministries are only constitutionally existing on paper but government killed them. He might just intentionally put it there because he knows the constitution mandated for the establishment of the board and if not available, the government have ran against the law. Sometimes when you read something, especially if it comes from silk with sense, don't argue it, go for investigation.
Everything should not point towards hailing the government that is dear to you. There's need for this country to move forward or are you not tired as the country is drifting day in day out?

Noted
We'll wait to see the outcome

porthouse7:
you no get sense, na wetin govt wan do since . They just need some kind of push

you wey no go school and lack the ability to understand is calling somebody foolish,government cannot and will not fix prices ,its outside their control, its only fuel they can fix the price because they are directly incharge of that one

Tinubu and his supporters will say he was bribed by Obididents to file the suit. FG will blame Peter Obi for their bad governance.

Useless judgement. So if government suddenly announces thar the price of rice is N20000, do you think any trader will actually sell at that price, if it costs them 40000 to import the rice?

SmartyPants:


Basic legal principles. Where two legislations conflict, the latter in time is deemed to have ammended the former. So, tell me, what do you know about legal principles?

Implied repeal? I don't think it is applicable in Nigeria. If a law is not expressly repealed in Nigeria, the courts view it as still valid. That's why the legislature in Nigeria is usually careful to announce any law they intend to repeal with a new piece of legislation.
Besides, price control act does not conflict with PIA since it is fixing price not setting subsidies. They are two different things