President Muhammadu Buhari has scrapped the Subsidy Reinvestment and Empowerment Programme (SURE-P).
This order was delivered to the SURE-P committee via a letter from the Of¬fice of the Secretary to the Government of the Federa¬tion (SGF), Babachir David Lawal.
President Buhari, in a letter, directed the panel to wind down operations of the programme on or be¬fore October 31, 2015 and submit a comprehensive report of its activities to the Presidency.
SURE-P was established by former president Good¬luck Jonathan in January 2012 in the wake of the na-tionwide protest against the removal of subsidy on Pre¬mium Motor Spirit(PMS).
The aim of the pro¬gramme was to manage government’s share of sav¬ings from the removal of fuel subsidy and invest it on critical infrastructure projects and social pro¬gramme.
Meanwhile, the presi¬dent has assured that all efforts to achieve politi¬cal stability and maintain peace in Africa will con¬tinue to receive Nigeria’s full support.
He stressed that under his leadership, Nigeria will remain at the forefront of efforts to achieve enduring peace, security and prog¬ress in all African nations.
He gave the assurance when he had audience with Special Envoys of President Pierre Nkurunzi¬za of Burundi, at the Presi¬dential Villa, Abuja.
Buhari said this was nec¬essary because whatever happens elsewhere in Af¬rica affects Nigeria directly or indirectly.
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