Fuel subsidy removal achieved nothing – NANS tells Tinubu.
NEWSFuel subsidy elimination did nothing, NANS tells Tinubu.Published on July 13, 2024.By Gift Oba. The National Association of Nigerian Students (NANS) has expressed concern that President Tinubu’s administration has done little to alleviate the country’s petroleum crisis, but rather exacerbated it. The student organisation claimed that, rather than improving fuel availability, the subsidy reduction has resulted in shortages and enormous misery for Nigerians. DAILY POST reported the increase in petrol pump prices in Ogun, Lagos, Abuja, and other regions of the country. According to reports, while major marketers supplied petrol for less than N650 per litre, independent marketers offered it for between N750 and N800.
According to reports, while major marketers supplied petrol for less than N650 per litre, independent marketers offered it for between N750 and N800. The students expressed their unhappiness in a statement signed by the NANS National Clerk of the Senate, Abdul-Yekinn Odunayo, on Saturday in Abeokuta, claiming that lineups at petrol stations are growing alarming despite President Bola Tinubu’s promises. He stated, “This crisis has continued to persist despite the removal of fuel subsidies, which has caused untold hardships to Nigerians.”
Nigerians are facing unparalleled hardship and going through hell before they can buy fuel. “waits have become regular at petrol stations around the country, despite President Bola Tinubu’s vow that fuel waits will disappear once subsidies were removed, which has not happened. “The excessive cost of petrol has resulted in a substantial increase in transport rates, as well as a surge in the prices of basic goods and services. The rising costs of transportation and production are being passed on to consumers, worsening the already high cost of living.