The National Association of Nigerian Students (NANS) has appealed to President Bola Tinubu and state governors to channel the money saved from subsidy removal to fund education and youth development.
The association made the call in a statement signed by its President, Comrade Lucky Emonefe, and Akinteye Afeez Babatunde, President of the Senate.
The statement was made available to NewsNow on Tuesday.
The duo in the statement appealed to Tinubu and governors to channel more funds generated from subsidy removal towards education and youth development.
They noted that this will help to ensure a brighter future for the country and empower the next generation to drive sustainable growth.
The association noted that following the removal of the fuel subsidy, allocations to state governments have notably increased.
It urged citizens to hold their state governors accountable on how the funds are being spent.
The association equally urged Nigerians to direct their focus not only towards the Federal Government but also towards to their state governments.
“Furthermore, we appeal to the Federal Government to channel more of these funds towards education and youth development.
“Investing in these areas will ensure a brighter future for our country and empower the next generation to drive sustainable growth.
“Following the removal of the fuel subsidy, allocations to state governments have notably increased. Additionally, the Federal Government has provided each state with bailout funds.
“It is imperative that citizens hold their state governments accountable, questioning how these funds and increased allocations are being utilized for the benefit of the populace.
“It is essential for Nigerians to direct their focus not only towards the Federal Government but also towards their state governments, ensuring transparency and accountability in the utilization of these funds.
“We urge students and the general populace to disregard any negative propaganda against the current administration.
“The removal of the subsidy is a necessary step towards sustainable economic growth. The current global economic climate is challenging, but the government is committed to finding ways to alleviate the suffering of Nigerians,” the statement said.