No missing N500 billion SURE-
P funds – Okonjo-Iweala on november 19, 2013 at 10:38
am in news THE Minister of Finance,
yesterday, denied Senate
allegation that N500 billion
was missing from the SURE-P
funds. A statement signed by
Paul Nwabuikwu, Special Adviser Media to the
Coordinating Minister of
Finance said “contrary to some
recent media reports, there is
no missing N500 billion from
SURE-P funds. The claim is completely false. Okonjo-Iweala “The total expected funds for
SURE-P from subsidy savings for
the Federal, state and local
governments is N816 billion
from February 2012 to
December 2013. (Please note that SURE-P started in February
2012.) “The Federal Government
portion managed by the Kolade
Committee for the period
February 2012 to September
2013 is N300 billion after
deductions for Stabilisation and other Special Accounts. “As Dr Christopher Kolade
confirmed to the National
Assembly recently, this is the
amount which SURE-P at the
Federal level has received from
the Federal Government. The balance of N500 billion went to
the states and local
governments which also have
their own SURE-P programmes.
This is the amount that is
wrongly described as missing”.
www.vanaguardngr.com

Lol. Our leaders can be very comical and mischievous.

I wonder why this woman and her team have not organised a semniar for these legislators and Civil society group and also journalist

called

Legislative Finance for Dummies

National budget for lawmakers

or something like that