The National Association of Nigerian Students, NANS, has called for an increase in student loans from N20,000 to N40,000.
NANS Senate President, Babatunde Akinteye, who disclosed this during a news conference on the state of the nation in Abuja on Monday, said the call followed the hike in the price of fuel.
According to him, the adjustment was necessary to help students cope with the rising cost of living while ensuring that they continue to pursue their education without undue financial strain.
He also urged the Federal Government to reduce excessive government spending, saying that at a time when Nigerians were being asked to make sacrifices, it was only fair that those in power led by example.
He called for calm, noting that the reforms by President Bola Tinubu would yield favourable outcomes.
“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
