Urgent.News

What's breaking now, across thousands of outlets.

World

PTI to move Islamabad High Court against soaring LPG prices

ISLAMABAD: With consumers paying Rs600 to Rs800 per kg for LPG, nearly double the officially notified rate, the opposition Pakistan Tehreek-i-Insaf (PTI) has announced that it will approach the Islamabad High Court (IHC) over alleged profiteering and the government’s failure to protect households from excessive prices. The PTI has also urged the government to investigate the widening gap between…

PTI to move Islamabad High Court against soaring LPG prices

With the cost of LPG nearly double the official rate, the opposition party Pakistan Tehreek-i-Insaf (PTI) is taking legal action against soaring prices. The party plans to file a suit in the Islamabad High Court, alleging profiteering and the government's inability to protect households from excessive charges. PTI Information Secretary Sheikh Waqas Akram revealed that consumers are currently paying between Rs600 and Rs800 per kg, far exceeding the officially set rate of Rs294 per kg.

Waqas Akram expressed disappointment in the government's failure to implement effective measures, despite LPG being a vital resource for millions of homes, especially those without access to piped natural gas. He demanded a thorough investigation into the LPG supply chain, including import, customs, banking, production, inventory, storage, and retail sectors.

PTI estimates that the price discrepancy could result in a daily loss of Rs2.8 billion and a monthly loss of Rs84 billion. The opposition party also called for the disclosure of companies benefiting from the current quota system, the recovery of unlawfully collected revenues, and compensation for the affected consumers.

Written by urgent.news from Dawn - Pakistan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at dawn.com →

More in World

MFL gathers reports on touchline fracas for FAM review

KUALA LUMPUR: The Malaysian Football League (MFL) is compiling reports on the touchline altercation during Sunday’s FA Cup semi-final second leg between Kuching City and Selangor at Taha Arifin Stadium before referring the matter to the FA of Malaysia (FAM) disciplinary committee.

More from Monday 9 November →