Chief Christopher Kolade, the Chairman of Subsidy Re-investment and Empowerment Programme (SURE-P), has decided to leave the post following issues of financial and performance credibility surrounding the programme.
Chief Kolade, whose resignation has been accepted by the Presidency, said he had to ask himself if he was really discharging his duties as SURE-P chairman given the many controversies that have beset the programme.
The former Cadbury Plc boss said that he agreed to chair SURE-P because he saw it as an avenue to serve the people and his profile would give credibility to the programme given the historic mistrust of people towards government projects.
The Senate ad-hoc committee on SURE-P had accused the Nigerian National Petroleum Corporation (NNPC) of mismanaging N500 billion that ought to have accrued to the programme.
However, the Federal Government has denied the report saying the N500 billion went to states and local governments for implementing smaller versions of the SURE-P.
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