AGL 37.50 Increased By ▲ 0.92 (2.52%)
AIRLINK 217.38 Increased By ▲ 1.64 (0.76%)
BOP 10.47 Increased By ▲ 0.99 (10.44%)
CNERGY 7.44 Increased By ▲ 0.92 (14.11%)
DCL 9.01 Increased By ▲ 0.40 (4.65%)
DFML 41.34 Increased By ▲ 0.30 (0.73%)
DGKC 106.06 Increased By ▲ 7.08 (7.15%)
FCCL 37.52 Increased By ▲ 1.18 (3.25%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.26 Increased By ▲ 0.18 (1.05%)
HUBC 129.71 Increased By ▲ 3.37 (2.67%)
HUMNL 14.02 Increased By ▲ 0.58 (4.32%)
KEL 5.41 Increased By ▲ 0.18 (3.44%)
KOSM 7.17 Increased By ▲ 0.34 (4.98%)
MLCF 46.38 Increased By ▲ 2.28 (5.17%)
NBP 65.66 Increased By ▲ 5.97 (10%)
OGDC 225.46 Increased By ▲ 4.36 (1.97%)
PAEL 44.52 Increased By ▲ 3.99 (9.84%)
PIBTL 8.38 Increased By ▲ 0.30 (3.71%)
PPL 198.96 Increased By ▲ 7.43 (3.88%)
PRL 40.46 Increased By ▲ 1.91 (4.95%)
PTC 27.30 Increased By ▲ 0.30 (1.11%)
SEARL 106.29 Increased By ▲ 1.96 (1.88%)
TELE 9.63 Increased By ▲ 1.00 (11.59%)
TOMCL 35.65 Increased By ▲ 0.69 (1.97%)
TPLP 15.07 Increased By ▲ 1.37 (10%)
TREET 25.63 Increased By ▲ 0.74 (2.97%)
TRG 70.45 Decreased By ▼ -3.10 (-4.21%)
UNITY 33.55 Increased By ▲ 0.28 (0.84%)
WTL 1.83 Increased By ▲ 0.12 (7.02%)
BR100 12,391 Increased By 403.8 (3.37%)
BR30 38,407 Increased By 1229.1 (3.31%)
KSE100 115,259 Increased By 3907.8 (3.51%)
KSE30 36,300 Increased By 1260.9 (3.6%)

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.