Business
Lack Of Funds May Cripple SURE-P
The chairman of Subsidy
Re-investment Empowerment Programme (SURE-P) Committee, Dr Christopher Kolade, has told the Senate Committee on SURE-P that beginning from next month, the committee would be unable to sustain the empowerment scheme of the committee as a result of dearth of funds.
Dr Kolade said the SURE-P had provided employment to 3,000 people from each state of the federation and the Federal Capital Territory (FCT) with the N10,000 each as monthly allowance, regretting that the programme might end next month due to lack of funds.
He also said the committee had planned to provide 5,000 jobs for people from every state of the federation with a view to reducing unemployment, disclosing that it was limited funds which forced it to take off with 3,000 people in each state.
The SURE-P chairman further disclosed that the committee had initially proposed N28 billion estimate in 2013 budget but was reduced to N9 billion by the National Assembly, saying the sum was grossly inadequate.
He remarked that it prompted the committee to draw the attention of the executive to it, noting that despite the restoration of the funds through budget amendment by the National Assembly, the situation has remained unchanged.
According to him, the committee got a total sum of N180 billion last year and another N105 billion this year through the N15 billion monthly funds made available to the committee and pays about N13 billion to the employees every month.
He equally revealed that the monthly N15 billion funds are domiciled in the Central Bank of Nigeria (CBN) while the Director-General of the Budget office is the accounting officer who also ensures that a project follows due process before payment is made.
Similarly, he said through the SURE-P scheme, a lot of projects such as construction and resurfacing roads and bridges in all parts of the country had been carried out.
Dr Kolade explained that SURE-P had been involved in training of 625 midwives, provision of health facilities across the country and raising them to expected standard, adding that there was a graduate intensive scheme through which unemployed graduates were paid N25,000 monthly and were linked to companies.
The SURE-P committee chairman also spoke of a vocational training programme for people through which he said people were given the benefit to learn a vocation in addition to a mass transit scheme as well as railway project through which rails from Lagos to Kano had been refurbished and made functional.
Senate Committee chairman on SURE-P, Senator Abdul Ningi, expressed shock when he heard that only N9 billion was available to the committee for youth empowerment despite the restoration of N28 billion SURE-P funds in the budget.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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