‘Don’t Return To Subsidy’ — NANS Urges Nigerians, Demands Transparency
The National Association of Nigerian Students (NANS) has urged Nigerians, particularly youths, to reject calls for the return of fuel subsidy.
NANS National President, Babatunde Akinteye, said Nigerians should instead demand transparency and accountability in the use of funds saved from the removal of the subsidy.
Akinteye spoke on Tuesday at a youth summit in Akure, Ondo State, themed “Unlocking Ondo State Students’ Potentials for Economic Growth.”
He argued that Nigeria’s decades-long fuel subsidy regime was financially unsustainable and failed to prevent fuel scarcity despite huge government spending.
Photo Credit: Vanguard Newspaper
“We should monitor the money being saved from the removal of fuel subsidy and ensure it is channelled into projects and programmes that benefit all Nigerians,” he said.
The NANS president warned that returning to the subsidy regime could place another heavy financial burden on the country, recalling that previous administrations had borrowed to fund subsidy payments.
He urged politicians seeking to lead Nigeria to focus on practical plans for investing subsidy savings to improve citizens’ lives rather than promising to restore the regime.
Akinteye also cited the Nigerian Education Loan Fund (NELFUND) as one of the interventions benefiting students following the subsidy removal.
His comments come amid renewed political debate over fuel subsidy, with former Vice-President Atiku Abubakar advocating its restoration and the All Progressives Congress (APC) opposing the proposal.
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Motorists and other Nigerians queue for petrol at a filling station during a fuel scarcity.
Photo Credit: Vanguard Newspaper
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