Fuel subsidy removal yielded no result – NANS Tells Tinubu

The National Association of Nigerian Students (NANS) has expressed concern that President Tinubu’s administration has done little to reduce petroleum crisis in the country, but rather worsened it.

The student organisation stated that, rather than improving fuel availability, the subsidy reduction has resulted in shortages and huge misery for Nigerians.

News360 Nigeria had reported the hike in petrol pump price in Ogun, Lagos, Abuja and oher parts of the country.

It was gathered that while major marketers sold petrol below N650, the independent marketers sold between N750 and N800 per litre.

Expressing their dissatisfaction, the students in a statement signed by the NANS National Clerk of the Senate, Abdul-Yekinn Odunayo on Saturday, in Abeokuta, lamented that queues in petrol stations are becoming alarming despite the promises made by President Bola Tinubu.

He said, “This crisis has continued to persist despite the removal of fuel subsidy which has brought untold hardships to Nigerians.

“Nigerians are experiencing unprecedented hardship and going through hell before they can get to buy fuels.

“Queues have been a common thing at petrol stations across the country despite the promise by President Bola Tinubu that fuel will queues will disappear in the country after the removal of subsidy, but that has not been the case.

“The exorbitant cost of petrol has led to a sharp increase in transportation fares, caused a surge in the prices of essential goods and services. The increased cost of transportation and production is being passed on to consumers, exacerbating the already high cost of living.”

The student body demanded that the President and NNPC act quickly and forcefully to address the problems before Nigerians are forced to the breaking point.