Subsidy: The Evil Day Is Nigh!

Since January 2012, when the first bold move to remove the criminal and fraudulent subsidy from petroleum products by former President Goodluck Jonathan was rebuffed and organised against by then opposition now in power, it was evident that the nation was merely postponing the evil day and that sooner or later, the chicken was going to come home to roost.

Last week, governors of the federation came together and agreed to finally give unto Caesar what was his by supporting subsidy removal. And after a rough estimate, given the nation’s peculiar situation, Nigerians might be dealing with close to N400 per litre for the Prime Motor Spirit.

Unfortunately, this would have been one obnoxious phase long behind the government and the Nigerian people, even when President Muhammadu Buhari, was all over place during his election in 2015, canvassing the need to remove subsidy from petroleum and stop the stealing of the people’s common patrimony.

On the contrary, it was shocking that, his government has tried to christen this official heist many funny names just so it could pass and be seen as ideal. But eventually, the evil day, after several postponements, is here. For those who had dreaded the consequences of subsidy removal and savoured the temporary benefits of the systemic fraud, it’s payback time now.