The Non-Academic Staff Union (NASU) has urged the Federal Government to address rising petrol prices and the free fall of the naira to prevent a potential mass revolt.

Speaking at the union’s National Executive Council meeting in Abuja, NASU President Dr. Makolo Hassan warned that increasing fuel costs are driving inflation, transportation expenses, and production costs, worsening the nation’s economic instability.

Hassan criticized Nigeria’s over-reliance on oil, lamenting the failure to diversify the economy despite years of promises. He also highlighted the inefficiency of government-owned refineries, forcing the country to depend on costly fuel imports. Hassan expressed disappointment in the Nigerian National Petroleum Corporation Limited (NNPCL) for neglecting refinery repairs while focusing on monopolizing petrol distribution from the Dangote Refinery.

The union cautioned that inflation, currency devaluation, and rising fuel prices are diminishing citizens’ purchasing power, pushing many into financial hardship. NASU called on the government to act decisively to address the inefficiencies of the NNPCL and tackle the worsening cost of living crisis.