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Challenges Of Subsidy And Reinvestment Programme (sure-p) Towards Youth Employment In Nigeria 2012-2014
On 1st January, 2012, Nigerian President, Goodluck Ebele Jonathan announced an increase in fuel price. This led to a general strike, which made Nigeria stood still in all economic related activities. The President in response to the demands of Nigerians launched the Subsidy Reinvestment Programme (SURE-P) on 13th February 2012, whose aim was to reinvest what comes out from the reduction of subsidies to the benefits of Nigerians. Based on this, the article examined major challenges faced by SURE-P in employing Nigerian youths. The article contends that SURE-P is a duplication of functions which had done nothing to improve the economy of the country.
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