History has shown that Nigerian Leaders are very good in initiating programmes and giving it solid brand names, but the implementation of such programmes has more often than not been dismal to say the least. For those who do not know, the meaning of the acronym SURE-P is simply Subsidy Re-investment Programme, this programme which was initiated by the President Goodluck Ebele Jonathan administration in simple terms is intended to invest the additional money derived from the sale of premium motor spirit otherwise known as fuel into infrastructural, transportation and other projects that will positively impact on the lives of the ordinary Nigerian.
In other words, the extra cost from the N97 per litre pump price of fuel instead of the initial N65 prior to January 1, 2012 will be invested on people oriented programmes. But it must be noted that the fears of Labour and Civil Society groups that the programme will be another conduit pipe for looting as well as impoverishing common Nigerians appears staring on our faces.
Simple arithmetic of 97 – 65 is 32, which means an extra N32 pert litre has been contributed by every Nigerian who uses fuel for cars, tricycles, motorbikes and generators since January 1, 2012. You can work out the extra billions and trillions of naira generated for the so called SURE-P since its introduction by the PDP led government in the guise of partial removal of fuel subsidy.
While the National Assembly has “done its bit” in queering the use of the SURE-P fund, the truth must be told that there is nothing on ground to show by the federal, state and local governments, especially those states controlled by the PDP that the proceeds from SURE-P is not being channeled towards 2015 general elections.
It is even more worrisome in Delta State and its 25 local governments that majority of its citizenry do not know of the SURE-P not to talk of to appreciate the use of its proceeds.
The federal, state and local governments must do the extra to convince the average Nigerian that its promised investment in rail lines, power, agriculture and infrastructure from the SURE-P fund is indeed real and not funds stashed for 2015 polls.
Editor-In-Chief
Copyright: Fresh Angle International (www.freshangleng.com)
ISSN 2354 - 4104
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