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January 3, 2024

Don’t hike fuel price to N1,200 per litre – NANS tells NNPCL

Don’t hike fuel price to N1,200 per litre – NANS tells NNPCL

By Adesina Wahab, Lagos

The National Association of Nigerian Students, NANS, Southwest Zone, has urged the Nigerian National Petroleum Corporation Limited, NNPCL, not to think of increasing the pump price of petrol to N1,200 per litre as being canvassed by some people and groups.

The student body, in a statement by the Zonal Coordinator, Comrade Alao John, the Secretary, Comrade Sanni Olamide and the Public Relations Officer, Comrade Bamigboye Oluwadamilola, said the idea of another price hike being mooted by some marketers was ill-conceived.

NANS noted that its stance was rooted in the organization’s deep concern for the potential exacerbation of economic hardships already faced by citizens.

“Nigeria has been grappling with economic challenges, and any move that might further burden its citizens will be met with resistance. The proposal to remove fuel subsidies and fix petrol prices significantly higher than the current rates has already ignited a nationwide debate.

“The leadership of NANS Southwest Zone D, representing the student community in the region, has taken a resolute stand against these proposed measures. We argue that such actions could worsen the economic plight of ordinary Nigerians who are already grappling with rising costs of living and limited financial resources.”

The students appealed to President Bola Tinubu, for a reconsideration of these proposed policies.

They emphasize the need for the government to explore alternative strategies that would alleviate economic strains without inflicting additional hardships on the populace.

“NANS Southwest Zone D suggests that, instead of fixing petrol prices at ₦1,200, the government should explore alternative solutions that address economic challenges without imposing undue burdens on the people. This could include measures to enhance efficiency in the petroleum sector, reduce corruption, and promote fiscal responsibility.

“In conclusion, NANS Southwest Zone D’s opposition to the proposed fuel price hike reflects the concerns of a significant segment of the Nigerian population. Our call for a reevaluation of economic policies emphasizes the need for solutions that prioritize the welfare of the citizens,” the association said.