SUBSIDY REMOVAL: A HISTORY

[MrVan]

Government has over the years insisted that the subsidy it pays on petroleum products are too much for it to bear and that almost all the funds go into private pockets at the end of the day.  Therefore, government's position is that it would be better if it removes the subsidy so that the few fat cats reaping the country off would no longer do so.  Below is a compilation of the way governments over the years have removed what it claimed to be subsidies on petroleum products.

Vanguard