NANS Rejects N5,000 Note


The National Association of Nigerian Students (NANS) has rejected the proposed N5000 note by the Central Bank of Nigeria(CBN), saying that it will threaten the economic growth of the country.

This was contained in a communique issued after its leadership meeting held at the Federal Polytechnic,Ilaro,Ogun State,southwest,Nigeria.

The communique which was signed by the Vice President, Adeyemi Azeez and the Secretary-General,Thomas Hightime, stated that ”the leadership of the students movement(NANS) condemned in totality the proposed N5000 note by the CBN,as this will constitute a threat to the country’s economic growth and also devaluate the naira.”

Commenting on the affairs of students in Ogun State, NANS frowned at the inability of Governor Ibikunle Amosun to  fulfill his electoral promise on the fifty percent reduction in tuition fees of the state-owned tertiary institutions.

Related News

NANS urged the Ogun State House of Assembly not to succumb to pressure to access bond by the state government, submitting that, “the state is known to be excessively rich.We hereby make a clarion call on the State House of Assembly not to mortgage the future of the unborn generations of the state.”

NANS further commended  President Goodluck Ebele Jonathan for appointing the immediate past president of the body, Jude Imagwe, as a Senior Special Assistant on Youth and Student Matters and also congratulated Prof. Sola Oyewole on his recent appointment as the Vice Chancellor of the Federal University of Agriculture, FUNAAB, Abeokuta.

Commenting on the state of facilities at the host institution,the body commended the management for the laudable physical development ongoing in the school. We implore them not to relent on their oars in their effort to provide an enabling environment for learning. All well meaning Nigerian students appreciated them for their comportment and endurance over the years.Better days are ahead for us,” the communique concluded.

—Abiodun Onafuye/Abeokuta

Load more