The House of Reps on Wednesday rejected an amendment to a motion seeking to suspend the recent increase in the pump price of petrol.
Members voted against the amendment after Deputy Reps Speaker Benjamin Kalu who presided over plenary questioned if it was in the place of the House to take such a position since pump price is controlled by the market forces.
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A member, Honourable Ugochinyere Ikenga had moved a motion calling for investigation into the increases in the price of petrol since the removal of petrol subsidy.
According to him high costs in transportation will in the coming days lead to a hike in food prices in the market.
“Mr Speaker, this is the people’s House and we represent the Nigeria people, very soon with the way things are going fuel will be sold for 1,000 per litre.”
He therefore called on the House to set up an Ad-Hoc committee to summon the Group Managing Director NNPCL to look into the increase in fuel price, the motion was therefore carried when put to a voice vote.
However, the House resolved to carry out an investigation to ascertain the veracity of the increases.
In another development, the House also rejected a motion to Set up an Ad-hoc Committee to collate the views of lawmakers, Civil Society Organisations, as well as the public, and engage the government on the selection of the best palliative options to cushion the effect of removal of fuel subsidy in Nigeria.
This comes amid uncertainties by nigerians and indeed members of the house who questioned how the funds approved for the president would be utilized.
Honourable Dennis Agbo who moved the motion had said it would be best for nigerians to determine the best palliatives for them, just as he expressed concern about how little the proposed monthly cash handout of ₦8,000 can achieve for a selected household of five members under current potential inflationary pressure.
