This study was undertaken to evaluate the impact of Subsidy Reinvestment and Empowerment Programme(SURE-P) in unemployment in Nigeria within the period 2012-2015. The study used the methodology of historical research and documentary analysis which involves the analysis of secondary data obtained from relevant books, journals, academic discourses, magazines, newspapers, unpublished materials and internet materials to examine the impact of subsidy Reinvestment and Empowerment Programme (SURE-P) in unemployment in Nigeria. The study put forward three research questions and three hypotheses which were meant to determine the extent of SURE Programme on unemployment in Nigeria. The major findings of the research are: the implementation of SURE P has reduced unemployment in Nigeria within the period of 2012-2015; poor policy implementation is a challenge to Subsidy Reinvestment and Empowerment Programme (SURE-P) towards unemployment reduction in Nigeria and finally, the effectiveness ofSURE-P in tackling unemployment reduction in Nigeria has been hampered by corruption and politicization of the programme. The study recommended among other things that government should reduce risk of SURE-P employment programmes fuelling grievances by themselves, through ensuring inclusion, fairness, transparency and accountability, engaging the media to discourage stereotyping of the SURE-P unemployment reduction programmes, exposing and rejecting political instrumentalisation of young people through the SURE-P employment generation schemes, and lastly, monumental corruption and politicization of programmes which exist at almost every aspect of our national lives and affects the adequate implementation of the SURE-Programmes should be vigorously addressed.
TABLE OF CONTENT
TITLE PAGE-----------I
APPROVAL PAGE ----------II
CERTIFICATION PAGE ----------III
DEDICATION -----------IV
ACKNOWLEDGEMENT ---------V
TABLE OF CONTENT ----------VI
LIST OF ABBREVIATIONS ---------VIII
ABSTRACT -----------IX
CHAPTER ONE: INTRODUCTION
1.1 Background of the Study ---------1
1.2 Statement of the Problem ---------10
1.3Objectives of the Study ---------12
1.4Significance of the Study ---------13
1.5 Scope and Limitations of the Study --------14
CHAPTER TWO: LITERATURE REVIEW AND RESEARCH PROCEDURE
2.1Literature Review ----------16
2.1.1The Concept of Unemployment --------16
2.1.1.1Unemployment Rate in Nigeria --------17
2.1.2Youth Unemployment Situation in Nigeria ------17
2.1.3Fuel Subsidy in Nigeria ---------20
2.1.4Overview of Subsidy Reinvestment and Empowerment Programme
(SURE-P) in Nigeria ---------23
2.1.5SURE- P and Employment Generation in Nigeria -----30
2.1.6The Potentials of SURE Programme Implementation in Youth
Unemployment Reduction in Nigeria -------32
2.1.7Criticisms of SURE-P ---------41
2.1.8Challenges/Problems Encountered by SURE-P in Tackling Youth
Unemployment in Nigeria --------44
2.1.9Gap in Literature ----------46
2.2Theoretical Framework ---------46
2.3Hypotheses -----------51
2.4Clarification of Key Concepts --------51
2.5Research Procedure -- -------53
2.5.1Research Design ----------53
2.5.2Population of the Study ---------54
2.5.3Method of Data Collection --------54
2.5.4Method of Data Analysis ---------55
CHAPTER THREE: BACKGROUND INFORMATION OF THE SUBJECT MATTER UNDER STUDY
3.1History of Fuel Subsidy Removal in Nigeria ------57
3.2Origin of Sure-P ----------60
3.3Operating Structure -2012 Budget -------61
3.4Fund Management ----------62
3.5Programme Structure ---------62
CHAPTER FOUR: DATA PRESENTATIONS, FINDINGS AND DISCUSSION
4.0Finding and discussion ---------64
4.1Subsidy reinvestment and empowerment programme (SURE-P) and
Employment generation for Nigerians -------64
4.2Testing of Hypotheses ---------85
4.3Discussion of Findings ---------87
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION
5.1Summary -----------89
5.2Recommendations ----------90
5.3Conclusion -----------91
BIBLIOGRAPHY