Abuja, Sept. 9, 2024 – The National Association of Nigerian Students (NANS) has demanded an increase in students’ monthly loan stipend from N20,000 to N40,000.
Babatunde Akinteye, the Senate President of the association, made the demanded at a press conference in Abuja on Monday.
He said the increased was to enable the students cope with the rising prices of food stuff due to the hike in petrol price.
“We find ourselves at a pivotal juncture in our nation’s history, where the weight of economic reforms has cast a shadow of discomfort, hunger and despair across our land.
“The reality we face today is daunting, and the uncertainty of these times cannot be understated. Yet, amid these challenges, we must stand united and clear-headed.
“Burning down our country is not an option; it is not a solution.
“As the foremost student and youth movement in Africa, we share the same struggles, hopes, and aspirations as every Nigerian,” he said.
“We acknowledge that Nigerians, especially students, are severely impacted by the high fuel prices, as our economy is deeply tied to fuel.
“The ripple effect is felt most intensely by the lower class, and the cries of distress are understandable.
“However, it is crucial that we approach these issues with caution and strategy. The mood across the nation is one of anger, frustration, and desperation.
“Many Nigerians are on edge, waiting for a spark to ignite unrest, but we must resist the temptation to react in haste,” he said.
