Monday, February 27, 2012

States, LGs should establish their own SURE-P –Kolade


Punch
26 February 2012


The Chairman of the Subsidy Reinvestment and Empowerment Programme committee, Dr. Christopher Kolade, has advised state and local governments to establish committees similar to SURE-P, to monitor the use of the subsidy savings accruing to them.

Speaking at a Guest Speaker Forum of the Nigeria Leadership Initiative, Kolade said for the saving from the partial petroleum subsidy removal to benefit Nigerians, especially those in the rural areas, there has to be a partnership between the federal, state and local governments in the use of the funds.

He noted that his committee would only monitor the use of about 47 per cent of the total subsidy savings which was the amount accruable to the Federal Government, but that it was necessary for state and local governments to put systems in place to ensure that the amounts that accrued to them were judiciously spent in order to get Nigerians to trust government.

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