• Latest
  • Trending
  • All
Nigeria Will Be Shut Down If Fuel Subsidy Is Removed, NANS Blows Against FG |

Nigeria Will Be Shut Down If Fuel Subsidy Is Removed, NANS Blows Against FG |

Nigerian Government Announces Public Holidays for Sallah Celebrations

Nigerian Government Announces Public Holidays for Sallah Celebrations

The progress of Kano state is non – negotiable – Engr. Yusuf

Kano Declares 12-day Sallah Holiday for Schools

Kwara mobile court convicts 135 sanitation violators |

Kwara Law Students Appeal for Immediate Release of Law School Scholarship Funds

‘We have recovered reasonable amount’ – EFCC gives update on N1.3trn CBEX crypto fraud

‘We have recovered reasonable amount’ – EFCC gives update on N1.3trn CBEX crypto fraud

Daura v U.B.N PLC: Landmark Supreme Court Decision on ‘Estate and Debt’ Responsibilities after Death

Daura v U.B.N PLC: Landmark Supreme Court Decision on ‘Estate and Debt’ Responsibilities after Death

PROHIBITION OF RIBĀ (INTEREST-BASED TRANSACTIONS) IN ISLAMIC FINANCE: CONCEPT AND SIGNIFICANCE

PROHIBITION OF RIBĀ (INTEREST-BASED TRANSACTIONS) IN ISLAMIC FINANCE: CONCEPT AND SIGNIFICANCE

Hajj 2025: Saudi Arabia deports Sheikh Gumi back to Nigeria

Hajj 2025: Saudi Arabia deports Sheikh Gumi back to Nigeria

JUST IN: Wike seals PDP National Secretariat in Abuja

JUST IN: Wike seals PDP National Secretariat in Abuja

JAMB Announces Date to release UTME Result for resit Candidates

99% Scores Below 200 in Resit UTME – JAMB

2023: Yoruba Elders Decide On Tinubu’s Presidency Ambition

Breaking: APC Governors endorse Tinubu as 2027 Sole Presidential Candidate

Peter Obi attends Pope’s inauguration in Rome to beg Tinubu over Fidelity Bank’s N225bn Debt Crisis – Report

Peter Obi debunk meeting Tinubu in Rome over alleged N225bn Fidelity Bank debt

FULL LIST: Dangote Refinery slashes Petrol Prices across Nigeria

FULL LIST: Dangote Refinery slashes Petrol Prices across Nigeria

  • About Us
  • Advertise with Us
  • Editorial Policy
Monday, June 2, 2025
  • Login
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus
No Result
View All Result
iDeemlawful
No Result
View All Result
No Result
View All Result
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Commentary
  • Editorial
  • Campus
Home Featured

Nigeria Will Be Shut Down If Fuel Subsidy Is Removed, NANS Blows Against FG |

by iDeemlawful
November 27, 2021
A A
Nigeria Will Be Shut Down If Fuel Subsidy Is Removed, NANS Blows Against FG |
FacebookTwitterWhatsapp

Rejects proposed N2.8trn transportation allowance to poorest Nigerians

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, had announced that the government would remove fuel subsidy and replace it with a monthly N5,000 transport grant to 40 million poor Nigerians.

The National Association of Nigerian Students (NANS) has threatened to shut down the country if the Federal Government implements the planned fuel subsidy removal.

RelatedPosts

Nigerian Government Announces Public Holidays for Sallah Celebrations

Akpabio, Yahaya Bello to testify as Nigerian Govt files Criminal Charges Against Natasha

Nigerian Government Announces Public Holidays For Easter

Nigerian Government Declares Public Holidays For Eid-ul-fitr Celebration

The students’ body also rejected the government’s plan to pay N5,000 transport allowance to 40 million Nigerians to cushion the effect of soaring fuel prices. Addressing Journalists in Abuja on Friday, NANS President, Comrade Sunday Asefon, said the union would mobilise its 41 million members across the country to protest what it called a “strange proposal.”

Asefon however, noted that with the present economic realities, it was wrong for government to contemplate something as critical as deregulating the petroleum sector “without thinking it through, without consultation and without a robust debate.”

He described the move as a plan by government to get money at all costs to squander and finance the ostentatious lifestyles of public officers and senior civil servants, adding that any attempt to aggravate the economic woes of Nigerians would not only be unconscionable but reckless.

He said: “Nigerians are really suffering. We are in dire socioeconomic straits. We are weeping in our hearts and souls. We are dying in silence. We feel the agony and anguish because we are practically involved.“

“It will amount to testing the patience of Nigerians too far. And we wish to warn against it. The country is very stretched and tensed. In case the government is not aware, we are passing them this intelligence free of charge now. Again we advise, let the government not stretch it further.“

The consequences will be dire. The people are already flamed. Mendacity will beget mendacity NANS is happy that the organised labour and civil society groups have all rejected the proposal.

“We shall ensure that the entire country is shut down and paralysed should the Federal Government proceed with its insensitive plan of deregulation, or even any further increase in the pump price of fuel. We have had enough.“

We know that neo-liberal and imperial economists will soon emerge to confuse themselves with some well rehearsed stale analysis and commentaries.

“It is therefore very strange that the Federal Government could contemplate the removal of fuel subsidy now. The four refineries are not functioning, and if they are functioning at all, it is at a near zero level.“

There is a zero consultation with stakeholders to even consider issues around deregulation and why it should or should not be. The survival of Nigerian workers and their wards is yet to be discussed, yet a date that may take lives out of them have been fixed.

“Furthermore, inflation is already passing a skyrocket level. So we may need to find a word to describe the kind of inflation that will be experienced if the pump price of PMS goes above 200 percent.”

In fact, we are very convinced that the Federal Government is acting impulsively on a matter as sensitive as this. And our conviction is based on many things that cannot just add up. Beyond the issues already raised, let us consider the following economic confusions:

“In 2022 Appropriation Bill, the FG already provided for fuel subsidy. One then wonders why it will provide for what it plans to eliminate.“

Upon which data did the Honourable Minister of Finance, Budget and National Planning determine that only 40 million Nigerians are vulnerable? And what is the definition of vulnerability in our socioeconomic context?

Where does she intend to generate the money which will be paid to those 40 million Nigerians since there is no provision for it in 2022 Appropriation Bill?” Asefon urged the government to rescind the plan till adequate arrangements like refining at home and utilising the nation’s petrochemical by-products are made

Tags: Fuel subsidyNANSNigeria Government
Previous Post

Declaration of bandits as terrorists won’t change anything – Gumi |

Next Post

This Is The Best Time To Add to Manchester United Miseries – Tuchel

iDeemlawful

iDeemlawful

Related Posts

Hajj 2025: Saudi Arabia deports Sheikh Gumi back to Nigeria
Featured

Hajj 2025: Saudi Arabia deports Sheikh Gumi back to Nigeria

Court stops Senate disciplinary action against Natasha Akpoti
Featured

Akpabio, Yahaya Bello to testify as Nigerian Govt files Criminal Charges Against Natasha

Peter Obi attends Pope’s inauguration in Rome to beg Tinubu over Fidelity Bank’s N225bn Debt Crisis – Report
Featured

Peter Obi attends Pope’s inauguration in Rome to beg Tinubu over Fidelity Bank’s N225bn Debt Crisis – Report

Nigerian Senate denies viral kiss video says not one of Them
Featured

How National Assembly Illegally inserts projects worth N6.93trn into 2025 budget – Report

JUST-IN: Social Activist VeryDarkMan Arrested by EFCC
Breaking News

EFCC releases VeryDarkMan on Bail

Catholic Bishops Reply Trump Over AI-Generated Pope Image
Featured

Catholic Bishops Reply Trump Over AI-Generated Pope Image

Nigerian Government Announces Public Holidays For Easter
Breaking News

Nigerian Government Announces Public Holidays For Easter

Biafra War: Ndigbo demands ₦10,000,000,000,000 in Damages from Tinubu after IBB’s Revelations
Breaking News

Presidency Reacts to US Court order on Release of Tinubu’s Past Records

Tinubu, AGF dragged to Court over N167b Contractors Fraud
Breaking News

US Court orders FBI, Anti-drug Agencies to Release Tinubu’s Record

[Insider] Power Play at OAU: New PRO-CHANCELLOR Bullying Tactics
Campus News

OAU Student Electrocuted while Retrieving Football

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

iDeemlawful

Copyright © 2019–2025 Deemlawful Media

  • About Us
  • Advertise with Us
  • Editorial Policy

Connect With Us

No Result
View All Result
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus

Copyright © 2019–2025 Deemlawful Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In