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High Cost Of Living: NANS Demands Action From Tinubu, Gives Ultimatum
The National Association of Nigerian Students, NANS, Southwest Zone D has urged President Bola Tinubu to quickly address the issue of the high cost of living in the country, saying many Nigerians are finding it difficult to survive.
The position of the student body was made known in a statement after a meeting in Osogbo, Osun State yesterday.
The statement was signed by the Zonal Coordinator, Comrade Alao John, the Zonal Secretary, Comrade Sanni Olamide, and the Zonal Public Relations Officer, Comrade Bamigboye Oluwadamilola.
The association expressed deep concern over the hardship being faced by citizens and issued a strong call to action at President Tinubu to urgently address the issue.
“Nigeria has been grappling with a myriad of economic challenges, including inflation, unemployment, and a weakening currency, which have significantly contributed to the rising cost of living across the nation. The impact of these economic pressures has been particularly severe on the average Nigerian, making it increasingly difficult to afford basic necessities such as food, shelter, and healthcare.
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“The citizens are facing unbearable economic hardship as a result of the soaring cost of living. Many families are struggling to make ends meet, with stagnant wages and rising prices pushing them further into poverty.
“NANS Southwest Zone D is thereby issuing a direct appeal to President Bola Tinubu to intervene and address the worsening situation. As the leader of the nation, President Tinubu is urged to prioritize the welfare of Nigerian citizens and take decisive action to alleviate their suffering,” the association said.
It subsequently issued a 14-day ultimatum for President Tinubu to respond to its demands and implement concrete measures to tackle the cost of living crisis.
“Failure to do so would result in mass protests, with NANS Southwest Zone D vowing to mobilize students and citizens to take to the streets in large numbers, ” NANS added.
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NANS Southwest Zone D therefore called upon all relevant stakeholders, including government officials, policymakers, and civil society organizations, to join hands in addressing the urgent needs of the Nigerian people.
The association emphasized the importance of swift and decisive action to mitigate the impact of the cost of living crisis and restore hope and dignity to millions of struggling Nigerians.
“With a clear ultimatum issued to President Tinubu and a commitment to mobilize mass protests if necessary, the association has signaled its determination to hold government accountable and advocate for the welfare of the Nigerian people. It is now incumbent upon the authorities to heed these calls and take meaningful steps to alleviate the suffering of the populace, ” it added.
News
Bauchi Commissioner Gifts 3 Students Cash For Prompt Resumption, Ability To Read
The Bauchi state Commissioner for Education, Dr Jamila Dahiru, on Thursday, gave a cash gift of N5,000 each to three Senior Secondary II students of Government Science Secondary School, Misau for their determination to succeed in Education.
Two of the students, Adamu Adamu, Mustapha and Haruna impressed the commissioner for their presence in school in the first day of resumption while Abdullahi Musa marvelled her for his reading ability and comprehension.
According to the commissioner, the gesture was to appreciate their determination to learn as well and motivate other students to emulate them.
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While paying a courtesy visit to the Emir of Misau, Alh. Ahmed Sulaiman, the commissioner disclosed that the Bauchi State government was working with stakeholders from the Misau Emirate to fine-tune modalities of temporarily accommodating the students of Federal Science Technical College, Misau at its Science Secondary School Misau.
She said the college made the request in a letter to the ministry stating that the facility given to them could no longer accommodate their students population, hence the resolve to convene the stakeholders meeting to fine-tune ways of sharing the facility for the betterment of the state.
READ ALSO: FG, States, LGs Share N1.2tn In May
She disclosed that government science secondary school Misau, one of the best in the state in terms of befitting facilities has the capacity to accommodate up to five thousand students, but currently houses about three hundred students.
She appreciated the Emir for his continued support to programmes and policies of the government with more emphasis on the education sector.
Speaking on behalf of the Emir and other stakeholders, a retired Director with the Ministry, Muhammad Musa, expressed gratitude to the Commissioner for the honour and promised to assemble critical stakeholders from the emirate so as to arrive at an acceptable decision for the benefit of all and sundry.
News
NDIC Obtains Order To Wind Down 96 Microfinance, Mortgage Banks
The Nigeria Deposit Insurance Corporation has said that it has obtained Winding up Orders for 96 out of 183 microfinance and primary mortgage banks whose licenses were revoked by the Central Bank of Nigeria in May 2023.
The Managing Director, NDIC, Bello Hassa, revealed this at a sensitisation seminar for Judges of the Federal High Court in Lagos on Thursday organised by the NDIC, to enlighten the judiciary on the intricacies of the banking industry.
Hassan said, “As at date, the Corporation had obtained Winding up Orders for 96 out of 183 Micro Finance and Primary Mortgage Banks whose licenses were revoked by the CBN in May 2023, in less than one Year of revocation.”
READ ALSO: FG, States, LGs Share N1.2tn In May
He added that the NDIC was committed to fulfilling its mandate of protecting depositors through bank supervision, failure resolution and liquidation so as to boost confidence in the financial system.
Speaking on the role that the judiciary plays in the fulfillment of the mandate, Hassan said, “We recognise the judiciary as one of our critical stakeholders. With this, when cases are brought before them, they can receive accelerated hearing and proclamation of Justice.”
Citing some of the achievements from previous editions of the seminar, Hassan said that instances where liquidation-related litigations experienced delays were reduced.
News
JUST IN: 36 Speakers Back State Police
Speakers of the 36 Houses of Assembly in Nigeria on Thursday expressed support for the National Assembly’s ongoing efforts to alter the 1999 constitution to create state policing in the country.
The Speakers made their resolution known at the end of their meeting in Abuja.
The Senate and House of Representatives are currently working to amend various constitutional provisions, including those regarding state police, financial autonomy for local government, fiscal federalism, and mayoral status for the FCT.
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