SURE-P earmarks N230 billion infrastructural development, social safety net programme

The Chairman of SURE-P, Christopher Kolade during a Press Conference held in Abuja recently has disclosed that the Subsidy Re-investment and Empowerment Programme (SURE-P) is expected to spend the sum of N230 billion on the development of critical infrastructure and social safety nets before the end of 2013.

Christopher Kolade averred that the sum of N180 billion which was approved in 2012 for the committee was not exhausted since the programme operated leisurely because of the need to make appropriate design for the programme as well as ways of implementation.

According to him, the programme is moving faster in 2013 and there are more testimonies from people who have seen impacts from the differences occurring on the roads. He added that another N180 billion has been approved for 2013, noting at the end of the year, SURE-P will arrive at N230 billion spending with favourable work environment.

“The Federal wing of SURE-P only received 41% of the fund, while 54% was shared by States and Local Governments. About five percent of the fund was disbursed to the Ecological Fund Office in order to maintain sustainable environment,” he said.

The former Nigerian Ambassador to UK while talking noted that the mandate of the Federal SURE-P is to invest on critical infrastructures like building of railways and roads across the country. He reiterated that social safety net programmes concern issues relating to pregnant women and young people under the Maternal and Child Health Care Programme as well as the Graduate Internship Scheme.

He underscored that SURE-P does not award contracts but monitors projects to ensure that work is done according to plan and acceptable qualit.

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