Tag: Why We Are Probing Mismanagement of N16 billion SURE-P Fund

  • Why We Are Probing Mismanagement of N16 billion SURE-P Fund

    Why We Are Probing Mismanagement of N16 billion SURE-P Fund

    —

    by

    Olumide Akinrinlola
    in

      A committee of the House of Representatives Committee has decried the inability of beneficiaries to repay the N16billion Urban Mass Transit Schemes loan facilitated through the Subsidy Reinvestment and Empowerment Programme (SURE-P) funds. The ad hoc committee is investigating Failure of Federal Mass Transit Schemes in Nigeria since 1999. Chairman of the Committee, Afam…