Withdrawal Of Subsidy On Petroleum Products, Cause Of Hardship For Nigerians – NANs

By Ayodele Oni

The National Association of Nigerian Students, (NANS), has lamented that the hurried withdrawal of fuel subsidy by President Bola Tinubu’s administration is a curse to Nigerians.

The Students’ body noted that President Tinubu’s administration has done nothing to alleviate the nation’s petroleum problem, but instead made it worse.

This was contained in a statement signed by the NANS National Clerk of the Senate, Abdul-Yekinn Odunayo on Saturday, in Abeokuta, Ogun state.

It stated that rather than increasing fuel availability, the subsidy removal has caused scarcity and immense sufferings for Nigerians.

There has been reported cases of  hike in petrol pump price in Ogun, Lagos, Abuja and other 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.

It lamented that queues at petrol stations are becoming alarming despite the promises made by President Tinubu.

“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.”