The National Chairman, Federal Government Subsidy Reinvestment and Empowerment Programme, General Martin Luther Agwai, said in Kaduna on Thursday that N15bn of the SURE-P fund was currently being utilised to ease transportation problem in the country.
The former Chief of Defence Staff, who was guest at the inauguration of an educational and entrepreneurship resource centre(Jheyah) in Kaduna, also noted that the SURE-P fund was being put into use to address most of the pressing needs of Nigerians, including poverty reduction and job creation.
Agwai added that the Federal Government haddirected that the money be released to some development banks to facilitate the projects in the country.
Meanwhile, in an effort to tackle the increasing rate of unemployment in the state, SURE-P and the Kaduna State Government on Thursday signed a Memorandum of Understanding to engage 2,000 graduates in the Graduate Internship Scheme.
The leader of the Federal Government team Audu Maikori, while signing the MoU, at the Sir Kashim Ibrahim Government House, Kaduna, said the scheme was targetted at reducing the rate of unemployment in the country.
He noted that the rate of unemployment was largely responsible for the insecurity currently ravaging the country.
He assured the state that with the scheme in place, the unemployed graduates would be positively engaged and kept busy.
Maikori said, “The Federal Government will pay each of the 2,000 graduates from the state the sum of N30,000 while the Kaduna State Government has agreed to augment with the sum of N10,000, making a sum total of N40,000 monthly while the one year internship programme lasts.”
Kaduna State SURE-P Chairman and Deputy Governor, Ambassador Nuhu Bajoga, described the initiative as a welcomed development, noting that “as a government, we were excited when we learnt of the employment generation initiative, we decided to key into the scheme to get people, who will work for us, while we pay little.”
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