A-ZeD:

What is the essence of Sure-P? The Government should be trying to reduce overhead not increase it.

taharqa: And hw did they increase Overhead? Just #1billion naira was set aside as Recurrent for d programme, while d remaining #275billion was for capital projects. The senators as politicians claimd d Committee usd #2billion to run its programme when d committee went to defend dier 2013 budget, but Kolade and Co later returnd with documents showing they had only spent #200m to set up their secretariat, run it, travels and handle sm of its programme. This was reportd, but d @OP of course 'forgot' to also post that part cos it wont serve his purpose.....

talktimi: the budgeted excess of N2 trillion on fuel subsidy came about because fuel subsidy payments weren't supposed to be in the budget in the first place as agreed by the federal, state govts & the NLC/TUC with emphasis on the labour unions who deceive Nigerians by claiming to fight for their right but do something different instead. This agreement to remove petroleum subsidy came as far back as oct/nov 2011 and I was surprised when people came into the streets chanting war songs in anger when indeed the govt announced its planned removal.

taharqa: And hw did they increase Overhead? Just #1billion naira was set aside as Recurrent for d programme, while d remaining #275billion was for capital projects. The senators as politicians claimd d Committee usd #2billion to run its programme when d committee went to defend dier 2013 budget, but Kolade and Co later returnd with documents showing they had only spent #200m to set up their secretariat, run it, travels and handle sm of its programme. This was reportd, but d @OP of course 'forgot' to also post that part cos it wont serve his purpose.....

taharqa: Yea! And dat was why you ran away from dat thread abi? From yr own thread.it servd its purpose in deed... Go back to d thread and lets continue where we stoppd

Billyonaire: The SURE-P budget is not even up to $1B, why are the Legislative nematodes making noise about the programme thats meant for the masses ? Should we rather increase their salaries instead ?

Since the partial removal of fuel subsidy by the Federal Government seven months ago, a whopping N248.85bn has been shared by the three tiers of government under the Subsidy Re-investment and Empowerment Programme.

The money shared was savings made from the partial fuel subsidy removal.

[b]The amount, our correspondent gathered, was based on the budgeted monthly provision of N35.55bn credited to the SURE-P account by the Federation Account Allocation Committee.

Of the N248.44bn, the Federal Government got N105bn, representing a monthly allocation of N15bn for the seven months; while the balance of N143.55bn was shared by the states and local governments.

A breakdown of the N35.55bn shared by the states in July revealed that Akwa Ibom got the highest amount of N1.83bn; while Rivers got N1.46bn; Delta, N1.40bn; and Bayelsa, N1.09bn.

Abia got N364.9m; Adamawa, N393.3m; Anambra, N394.08m; Bauchi, N456.52m; Benue, N439.43m; Borno, N494m; Cross River, N389.13m; Ebonyi N285.76m; Edo N446.3m; and Ekiti, N301.1m.

Others are Enugu, N347.1m; Gombe, N297.42m; Imo, N469.75m; Jigawa, N454.62m; Kaduna, N504.13m; Kano, N718.6m; Katsina, N535.7m; Kebbi, N390.29m; Kogi, N395.9m; Kwara, N335.93m; Lagos, N540.48m; and Nassarawa, N296.6m.

Similarly, Niger State got N475.26m; Ogun, N376.59m; Ondo, N533.08m; Osun, N406.47m; Oyo, N515.89m; Plateau, N364.73m; Sokoto, N415.93m; Taraba, N366.13m; Yobe, N360.05m; Zamfara, N352.01m; and the Federal Capital Territory, N56.77m.[/b]

The Minister of State for Finance, Dr. Yerima Ngama, had said the states and local governments would not receive their share until they opened separate accounts for the fund.

This, he noted, would enable the Federal Government to track how the fund was being used.

He said, “The subsidy re-investment fund is supposed to be paid to the states and local governments separately into a special account that they should open and we expect them to also forward to the ministry the programmes that they intend to use the subsidy re-investment fund for in order to alleviate the condition of our people.

“But every state is free to determine what it wants to do with its subsidy re-investment fund. It doesn’t have to be what the Federal Government is doing, but you can come and complement what the Federal Government is doing in your own state. So, the distribution will be made separately so that we will be able to hold people completely accountable.”

Findings, however, revealed that the majority of the states in a bid to begin the implementation programme, had been responding to the directive.

For instance, Governor Patrick Yakowa of Kaduna State last week inaugurated a committee for the implementation of the programme.

The SURE programme provides for the implementation of short-term social welfare schemes to alleviate the impact of subsidy removal on Nigerians.

Some of these are the construction, completion and rehabilitation of rail, refineries, key federal highways, hydro stations, information technology and water projects.

The programme will also fund mass transit, public works, training for unskilled youths and social services to reduce high maternal and infant mortality rates.

It is being managed by the SURE-P committee headed by Dr. Christopher Kolade.

The committee is saddled with the responsibility of “mitigating the immediate impact of the removal of fuel subsidy and accelerate economic growth through investment in critically needed infrastructure.”

Of the Federal Government share of the SURE-P fund, it was learnt that N21.7bn had already been set aside for the construction of the East-West road.

A-ZeD:

Just 1billion? Is that not money? That money would vastly improve one of the teaching Hospitals in Nigeria.

Is there no ministry or mda already existing that can do what the sure-p committee is doing?

taharqa:



http://www.punchng.com/business/business-economy/subsidy-savings-fg-states-lgs-share-n248-85bn/

The FG has FULFILLED the promise made to Nigerians early this year to SET ASIDE the funds saved from the removal of subsidy and distribute same to all the Tiers of Govt, in order to fund SPECIFIC infrastructure projects (like Rails, Roads and Bridges) and Job Creation measures (like Graduate Internship Scheme). This promise have been/ is been Kept.

Now, what has the states including the ACN controlled ones(who have received at least an average of #300million EACH month) done with their own part of the subsidy money. What projects or programmes have they used the subsidy money they have received to do? Shee, they are puking their mouths into FG's share??

bakila: If Nigerians dont trust the words of govt officials, who afterall said corruption is not iur problem, is the words of anonymous lappy member going to be any convincing.
You the govt pooy place lickers are the fools. We the people are not!

karl max: don't waste ur precious time educating illitrates leave dem to continue in their ignorance while their state and local government continue to collect sure-p on their behalf without doing anything they should check the article u provided above and tell us what has their state government don't with the one they've collected

egift:

Correct the truck load of errors you uploaded above before regarding others as illiterates. By the way, Jonathan is dolling out state funds without bothering if they were utilized accordingly - and you want us to go police them without asking Jonathan what happen to the funds he squeezed out from the suffering masses with ill mated policies that have no empathy on the suffering and pains of my fellow citizens.

egift:

Correct the truck load of errors you uploaded above before regarding others as illiterates. By the way, Jonathan is dolling out state funds without bothering if they were utilized accordingly - and you want us to go police them without asking Jonathan what happen to the funds he squeezed out from the suffering masses with ill mated policies that have no empathy on the suffering and pains of my fellow citizens.

karl max: is this the answer to the question they asked u earlier? Let me repeat it for u in case u missed it ,what has your state government done with over 300 million naira they collect every month from the sure-p account? and stop beating around the bush!!

jmaine:

The guy answered you na.....He said you should go and ask GEJ what they (Governors) did with their funds since it is his duty to police them .. .

Just imagine the uselessness of his response.....