The South West leadership of the National Association of Nigerian Students (NANS) has thrown its weight behind the reforms in the downstream sector of the Nigeria oil and gas sub sector of the nation’s economy, which led to the official pump price of petrol at N145 per litre.
At a press conference in Abeokuta, the Ogun State capital, members of the association said that the removal of the over N1.4 trillion, which represents about %18 of the 2016 budget being paid as fuel subsidy would go a long way in reducing corruption and impunity in the system
The association was however quick to ask the Federal Government to put adequate palliatives in place to cushion the effect of the removal by investing in critical sectors of the economy such as education, agriculture among others.
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