Formation January 2012 Official language English | Type Government Agency | |
Purpose To manage Government share of savings from removal of fuel subsidy Website [sure-p.gov.ng Official website] | ||
The Subsidy Reinvestment and Empowerment Program known as 'SURE-P is a scheme established by the Federal Government of Nigeria during the administration of Goodluck Ebele Jonathan, the former President of Nigeria to re-investing the Federal Government savings from fuel subsidy removal on critical infrastructure projects and social safety net programmes with direct impact on the citizens of Nigeria. SURE-P was established on January 2012 when the Federal Government of Nigeria announced the removal of subsidy on Petroleum Motor Spirit (PMS). The scheme is one of the pivots of Transformation Agenda of the Federal Government. The pioneer Chairman of the program is Dr. Christopher Kolade. He resigned his appointment in September 2013. He was succeeded by General Martin Luther Agwai who himself was succeeded by Mr Ishaya Dare Akau.
Objectives
The core objectives of the program includes but not limited to: