AIRLINK 80.05 Increased By ▲ 1.66 (2.12%)
BOP 5.29 Decreased By ▼ -0.05 (-0.94%)
CNERGY 4.38 Increased By ▲ 0.05 (1.15%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 77.00 Decreased By ▼ -1.51 (-1.92%)
FCCL 20.50 Decreased By ▼ -0.08 (-0.39%)
FFBL 31.41 Decreased By ▼ -0.89 (-2.76%)
FFL 9.91 Decreased By ▼ -0.31 (-3.03%)
GGL 10.30 Increased By ▲ 0.01 (0.1%)
HBL 117.86 Decreased By ▼ -0.64 (-0.54%)
HUBC 134.79 Decreased By ▼ -0.31 (-0.23%)
HUMNL 6.95 Increased By ▲ 0.08 (1.16%)
KEL 4.56 Increased By ▲ 0.39 (9.35%)
KOSM 4.72 Decreased By ▼ -0.01 (-0.21%)
MLCF 37.60 Decreased By ▼ -1.07 (-2.77%)
OGDC 136.15 Increased By ▲ 1.30 (0.96%)
PAEL 23.41 Increased By ▲ 0.01 (0.04%)
PIAA 26.50 Decreased By ▼ -0.14 (-0.53%)
PIBTL 7.01 Decreased By ▼ -0.01 (-0.14%)
PPL 113.75 Increased By ▲ 0.30 (0.26%)
PRL 27.60 Decreased By ▼ -0.13 (-0.47%)
PTC 14.79 Increased By ▲ 0.19 (1.3%)
SEARL 57.30 Increased By ▲ 0.80 (1.42%)
SNGP 67.10 Increased By ▲ 0.80 (1.21%)
SSGC 11.10 Increased By ▲ 0.16 (1.46%)
TELE 9.23 Increased By ▲ 0.08 (0.87%)
TPLP 11.57 Decreased By ▼ -0.10 (-0.86%)
TRG 72.64 Increased By ▲ 1.21 (1.69%)
UNITY 24.95 Increased By ▲ 0.44 (1.8%)
WTL 1.40 Increased By ▲ 0.07 (5.26%)
BR100 7,509 Increased By 16.2 (0.22%)
BR30 24,687 Increased By 128.9 (0.52%)
KSE100 72,045 Decreased By -6.8 (-0.01%)
KSE30 23,771 Decreased By -37.1 (-0.16%)

LAHORE: The Lahore High Court on Wednesday sought replies from the Chairman Oil and Gas Regulatory Authority (Ogra), Ministry of Petroleum and others for June 28 in a petition filed against raise in oil prices.

The petitioner Chairman Judicial Activism Penal contended in his petition that the respondent government has swelled the hardships of the poor people of Pakistan. The government has increased the petroleum prices thrice within 21 days. The government in a short span of time increased rupees 119 in diesel prices and rupees 84 in petrol prices and in the country’s history such increase of petroleum prices has never been witnessed earlier.

He said people of Pakistan were living from hand to mouth due to price-hike. It is the constitutional duty of the government to provide basic facilities to the people but due to unnecessary increase in petrol prices the government has failed to perform its constitutional duties. The government has increased the petroleum prices without approval of the cabinet and the same may be declared as illegal and without lawful authority, he added.

The court after hearing the petitioner’s counsel at length, issued notices to the respondent and sought replies from them by next hearing.

Copyright Business Recorder, 2022

Comments

Comments are closed.