Jonathan inaugurates SURE board

President Goodluck Jonathan on Monday assured Nigerians that his administration would deliver on his promises and programmes of transforming the nation.


He gave the assurance at the inauguration of the board of Subsidy Reinvestment and Empowerment (SURE) Programme, chaired by Christopher Kolade, Nigeria’s former High Commissioner to the UK.


Mr. Jonathan noted that there was a high level of public distrust in government’s credibility in ensuring the fulfillment of its promises.


He said his administration would take positive steps at ensuring the implementation of all its programmes and agenda.


Specifically, the president said SURE was a programme designed for total deregulation of the downstream sector of the petroleum industry.


The president said that with the partial deregulation or increase in pump price of petroleum, his administration would go ahead to reinvest the proceeds for the benefit of the people.


“What we have now is an increase in pump price, and not total deregulation, but we have to show that we are committed to delivering on our promises.”


He expressed optimism that with the caliber of members of the board, they would deliver on their mandate.


He also appealed to Nigerians to cooperate with the administration by moving across the country to oversee the implementation of projects and programmes of SURE.


Responding on behalf of the 20-member board, Mr. Kolade promised that they would serve with “integrity, probity, transparency and accountability.”


The News Agency of Nigeria (NAN) reports that the president named members of the board on January 2 with the mandate of ensuring effective and timely implementation of projects to be funded from savings made from oil subsidy withdrawal.


Mamman Kontagora is the Deputy Chairman of the board.


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