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Why we support subsidy removal, by S’West NANS

Why we  support subsidy removal,  by S’West NANS

A black marketer waiting for motorists along Kachia road,Kaduna.Photo:Ou Ajayi.

By Daud Olatunji

Abeokuta—The leadership of the National Association of Nigerian Students in the South West Zone has explained why it supported the removal of subsidy by the President Muhammed Buhari’s administration. The students leaders in the South West described the Federal Government’s policy on subsidy removal as a necessary sacrifice that is required to reposition the country towards the path of economic recovery.

The Nigerian students said they threw their weights behind the Buhari-led Federal Government for deregulating the down stream sector and called on Nigerians to support the government.

Addressing newsmen yesterday in Abeokuta, the Ogun State capital, the NANS South West Coordinator, Comrade Okikiola Ogunsola commended the President Buhari-led federal government for taking the bold step by removing the subsidy which he said has over the years, succeeded in slowing down the nation’s economic growth.

Flanked by other South West executive members which included: Oloja Olanrewaju (Secretary), Awowole Samuel (PRO) and seven others in attendance, Ogunola, said they were convinced that removal of the subsidy would put an end to the monopolistic tendencies of the few who have over the years, benefited from it, while the average Nigerians would be the ultimate beneficiaries.