The Social Economic Rights and Accountability Project (SERAP) has kicked against the hike in the pump price of fuel.
The organisation called on the Federal Government to urgently reverse the hike in fuel price.
In a tweet on Thursday on its Twitter handle, @SERAPNigeria, the group said the hike in fuel price was a travesty and would affect millions of poor Nigerians.
“We urge Nigerian authorities to immediately reverse unfair hike in fuel price from N148 to N151.56k per litre.
“This is a travesty, as it would have a knock-on effect on millions of poor Nigerians who will struggle to meet the increased costs of transport & basic goods.”
Several groups and individuals have continued to kick against the hike after it was announced on Wednesday by the Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).
The price was increased to N151.56 per litre, up from N148, the third increase in three months.
This disclosure was made know in a statement by the Pipelines and Product Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation, NNPC on Wednesday, which informed the depots owners of the increase.
“Please be informed that a new product price adjustment has been effected on our payment platform”.
“To this end, the price of Premium Motor Spirit (PMS) is now one hundred and fifty-one naira, fifty-six kobo (N151.56k) per litre.”
He added that “This takes effect from September 2, 2020.”