NANS to President Tinubu: Address Fuel Price Hike and Economic Woes, Restore Nigeria’s Dignity

The National Association of Nigerian Students (NANS) earnestly urges President Bola Tinubu to take immediate and decisive action to address the precarious state of the Nigerian economy and the exorbitant fuel prices that have wreaked havoc on the lives of citizens.

This is contained in a statement Signed by Comrade Okunomo Henry Adewumi,
President of the Senate, National Association of Nigerian Students NANS NATIONAL HQ on Sunday.

According to the statement, the current economic downturn has had a devastating impact on Nigeria and Nigerians, perpetuating poverty, hunger, and hardship. The relentless increase in fuel prices has triggered a chain reaction of inflation, rendering basic necessities unaffordable for the average Nigerian. This has resulted in unprecedented suffering, with many struggling to survive.

“While we acknowledge President Tinubu’s efforts to revitalize the economy through his “Renew Hope” agenda, we implore him to adopt a more comprehensive approach to tackle the economic crisis.

“We urge him to convene an emergency economic summit, bringing together all relevant stakeholders and agencies to brainstorm innovative solutions to this quagmire.

“The astronomical fuel prices have far-reaching consequences, including escalated transportation costs, skyrocketing food prices, and reduced purchasing power. This has led to a significant decline in the standard of living of Nigerians, with many unable to afford basic necessities. The cumulative effect is a nation plagued by poverty, hunger, and desperation.

“We caution that if this situation persists, it may precipitate widespread protests and social unrest, potentially destabilizing the nation. We urge President Tinubu to take proactive measures to mitigate this crisis, ensure economic stability, and restore hope to the Nigerian people.

“We believe that with swift and decisive action, Nigeria can overcome this economic challenge and emerge stronger and more resilient. We stand in solidarity with the Nigerian people and pledge our support for any efforts aimed at revitalizing the economy and improving the lives of Nigerians.

“We urge President Tinubu to heed our call and work tirelessly to address this economic crisis, lest the sufferings of Nigerians continue to escalate, with dire consequences for the nation”, the statement concluded.