POL Price Hike: Traders threaten civil disobedience

KARACHI: Traders in Karachi, Lahore and Khyber Pakhtunkhwa have rejected the massive hike in the prices of petroleum products and have threatened to take severe action if it is not withdrawn.

Setting a three day deadline for the government to withdraw the hike, Karachi and Khyber Pakhtunkhwa traders say if their demand is not met then they will protest with the first phase being civil disobedience.

The Lahore Chamber has also warned the government that they will close industries if the hike is not withdrawn within 72 hours.

The price of petrol was increased by Rs8.02 and is now selling at a staggering Rs105.68 per liter while the price of diesel has risen to Rs108.16.