The National Association of Nigerian Students, NANS, on Friday threatened to shut down the country should the Federal Government proceed to remove subsidy from petrol.
The President of NANS, Sunday Asefon, issued the threat during a press conference held in Abuja.
According to him, although NANS was not totally against deregulation, the conditions for such already agreed upon must be out in place before deregulation.
Mr Asefon said, “None of those conditions is in place at the moment. 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 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 skyrocketing 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 per cent.
“In fact, we are very convinced that the Federal Government is acting impulsively on a matter as sensitive as this.
“NANS is rudely shocked by the statement credited to the Group Managing Director of Nigeria National Petroleum Corporation, Mele Kyari to the effect that Premium Motor Spirit could sell as much as three hundred and forty N340 by February 2022.
“This is said to be due to the plan of the Federal Government to remove fuel subsidy and usher in an era of so-called deregulation.
“Even more absurd is the proposal announced by the Honourable Minister of Finance, Budget and National Planning, Hajia Zainab Shamsuna Ahmed that N5,000 will be paid to 40 million vulnerable Nigerians to cushion the effect of the fuel subsidy removal.
“NANS is still trying hard to make an iota of good sense out of this strange proposal. We shall return to this particular point.
“But let us first of all categorically state that on behalf of the suffering millions of Nigerian students and on behalf of the millions of the frustrated masses of the Nigerian people who are our parents, brothers and sisters, uncles and aunts, friends and neighbours, we reject this socio-economic evil proposal and we shall resist it.
“Nigerians are really suffering. We are in dire socio-economic 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. Therefore, any attempt to aggravate the social woes and economic manacles that we already face and wear will not only be unconscionable but reckless. It will amount to testing the patience of Nigerians too far. And we wish to warn against it.”
