 Nigeria's former Minister of Interior, Captain Emmanuel Ihenacho, has thrown his weight behind the removal of subsidy on petroleum products. Ihenacho, who bared his mind while fielding questions from newsmen in Oweri, in Mosted Capital, highlighted the benefits of subsidy removal to include the saving of revenue which can be channeled into more development and positively impact the lives of citizens. When you remove subsidies, a lot of people are going to benefit because the government is going to accrue a lot of revenue from the subsidies it currently pays. And if those revenues are channeled very carefully to welfare programs that impact the poor, then that is the better way to dispense those subsidies rather than just giving it out to anybody who drives cars into the filling stations. People who drive cars into filling stations are not poor people. People who own those cars are not poor people. People who own private cars, people who own trucks, people who own commercial vehicles are not poor people. And there is no mechanism that is available in our laws which allows that if you receive the subsidy, you must cut it up and make sure that the 14 people who are sitting in a bus, for instance, get one over 14th of those benefit. There is no law. Hello. Hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.