The National Association of Nigerian Students (NANS) is calling for a significant increase in the student upkeep allowance from ₦20,000 to ₦40,000. This demand comes in response to the recent hike in fuel prices that has affected the cost of living across Nigeria.
On Monday, at a press conference in Abuja, NANS Senate President Babatunde Akinteye made this call. He emphasized that the adjustment in allowance is crucial to help students manage the rising expenses while continuing their education without financial stress.
Akinteye also urged the Federal Government to cut down on unnecessary spending. He argued that if Nigerians are being asked to make sacrifices, it is fair for those in power to set an example by reducing government expenditures.
During the news conference, Akinteye acknowledged the hardships faced by many Nigerians due to the current economic reforms. He stated that the reforms, though necessary, have brought discomfort and hardship, particularly for students and the lower class.
“We are at a critical point in our nation’s history,” Akinteye said. “The economic reforms have created a shadow of discomfort and despair. It is important for us to stay united and clear-headed despite these challenges.”
He assured that burning down the country is not a solution to the problems facing Nigeria. As the leading student and youth movement in Africa, NANS shares the struggles and hopes of every Nigerian, Akinteye noted.
In light of the current economic difficulties, including foreign exchange issues, fuel scarcity, and rising food prices, Akinteye called on the government to address these problems directly. He acknowledged that the high fuel prices have had a severe impact on students and the broader population.
“We understand that Nigerians, especially students, are feeling the pinch of high fuel prices,” he said. “The impact is felt most by the lower class, and their distress is understandable.”
However, Akinteye stressed the need for a measured approach rather than immediate protests. He noted that while there is widespread anger and frustration, reacting hastily could be detrimental. The mood across the nation is tense, and many are waiting for a trigger for unrest.
“While it is crucial to address these issues, we must do so with caution and strategy,” he said. “The safety of every Nigerian student is our top priority. We will not expose them to danger by calling for hasty protests.”
Akinteye emphasized that preserving life and liberty is important and urged for thoughtful action in the face of the current economic challenges.
