Amidst the hike within the value of gasoline, the Nationwide Affiliation of Nigerian College students (NANS) has known as for a rise in scholar loans from N20,000 to N40,000.
The NANS Senate President, Babatunde Akinteye, disclosed this throughout a information convention on the state of the nation in Abuja on Monday.
Akinteye mentioned that this adjustment was needed to assist college students deal with the rising value of residing whereas guaranteeing that they proceed to pursue their training with out undue monetary pressure.
He additionally urged the Federal Authorities to scale back extreme authorities spending.
He mentioned that at a time when Nigerians had been being requested to make sacrifices, it was solely honest that these in energy led by instance.
He known as for calm, noting that the reforms by President Bola Tinubu would yield favorable outcomes.
“We discover ourselves at a pivotal juncture in our nation’s historical past, the place the burden of financial reforms has solid a shadow of discomfort, starvation, and despair throughout our land.
“The truth we face at the moment is daunting, and the uncertainty of those instances can’t be understated. But, amid these challenges, we should stand united and clear-headed.
“Burning down our nation is just not an choice; it’s not an answer.
“Because the foremost scholar and youth motion in Africa, we share the identical struggles, hopes, and aspirations as each Nigerian,” he mentioned.
In keeping with Akinteye, in moments like this, there may be want for considerate and measured motion somewhat than embarking on protest.
Observing the present hardships, starting from international alternate irregularities to gasoline shortage, skyrocketing meals costs amongst others, he urged the federal government to sort out the issue headlong.
“We acknowledge that Nigerians, particularly college students, are severely impacted by the excessive gasoline costs, as our financial system is deeply tied to gasoline.
“The ripple impact is felt most intensely by the decrease class, and the cries of misery are comprehensible.
“Nevertheless, it’s essential that we strategy these points with warning and technique. The temper throughout the nation is one in all anger, frustration, and desperation.
“Many Nigerians are on edge, ready for a spark to ignite unrest however we should resist the temptation to react in haste.
” We’re aware of the significance of preserving life and liberty,” he mentioned.
He that the protection of each Nigerian scholar is a high precedence of NANS.
“We won’t danger exposing them to hazard by swiftly calling for protests,” he mentioned.