The Oil Subsidy removal issue has been going on for some time now and several reasons has been made on why the oil subsidy must be removed.
President Jonathan said he wants to remove fuel subsidy so as to free up money for infrastructural development. This funds mount up to a whooping N1.3trillion. They argue that a cartel or cabal has hijacked the subsidy programme of government to the detriment of the rest of the citizens at whom the programme is targeted. And in their wisdom, the best solution is to remove the subsidy and allow the price of petroleum products be decided by the forces of demand and supply, ultimately increasing the pump price of fuel by well over 100%.
The point they are not trying to bring out is to let Nigerians know these Cabals or King Cabal that has taken over the subsidy programme or on how to take them down and out.
Whatever be their motive towards this removal I just hope and pray it turns out favorable to Nigerians and reduce the influence of the King Kabal in Our Nation's Economy.
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