NANS to Oil & Gas Sector: “Don’t Exploit Nigerians! Stop Price Gouging!”

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Fuel-Hike-1024x610-NANS

The National Association of Nigerian Students (NANS) has appealed to stakeholders in the oil and gas sector to refrain from unnecessary hikes in fuel prices.

The association stated that this measure would help mitigate the current hardships faced by citizens.

The Senate President of NANS, Akinteye Babatunde and the President of NANS HQ, Lucky Emonefe, made the appeal in a statement released on Tuesday.

“We appeal to all stakeholders in the oil and gas sector to exhibit patriotism by refraining from unjustified price hikes. The long queues at fuel stations are a concern, and stakeholders should prioritize the well-being of citizens by maintaining fair prices.

“Their role is crucial in mitigating the current hardships and contributing positively to the nation’s stability,” the statement reads.

Last week, fuel scarcity resurfaced in Lagos state and other parts of the country as private depot owners hiked the ex-depot price of petrol from N630 to N720 per litre.

This coincided with deepening fuel scarcity in Abuja and adjoining states, where some filling stations dispensed PMS at prices as high as N900 per litre.

 

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