Subsidy is assistance paid to a business or economic sector mainly by government to producers, marketers or distributed as subventions in an industry for various reasons.

Why did previous Nigeria government pay PMS subsidy? May be because they believe we are blessed with oil and do not want Nigerians to suffer for what they are blessed with.
Why does the present government want to remove PMS subsidy?
1. They cannot afford it any longer due to all sorts of reasons. This is not acceptable at this stage
2. They want market forces to determine the pricing. This is understandable but must be done by carrying the citizens along. (We do not have to suffer for government lapses)
Let’s take a look at a scenario where enough refineries are built in the country and petrol becomes determined by the market forces. Petrol now becomes affordable in Nigeria and still expensive in neighboring countries, will that stop smuggling to neighboring countries? Will the government be able to realize its proceeds from export? How do they intend to stop the future cabals or will that be left for the next government. (First things first please)
The present government has to put in place policies that will checkmate the oil industry by putting stiff measures to control import and export through our borders.
Sanusi, Finance minister and others agreed that government is been cheated by the PMS importers or whatever they are called, which means that it does not actually cost N1.3trillion to subsidize PMS within the time frame. Why did they not take their time to actually correct the main issues instead of forgetting why PMS was subsidized in the first place?
These present economic team may mean well for Nigerians but are not going about it the right way. Let them go back to the drawing board. I believe they are testing Nigerians, we must say no to their present strategy until they come up with something that makes sense.
Is the president trying to give more money to the same criminals we know or have they changed over night?
Good luck looks like a person with good intension; maybe he should go start a charity or something else and leave that seat for competent leaders.
The president should not be surprised if Nigerians start asking him to vacate that seat. This may be the next thing coming. No more sentiments