APPRAISAL OF SUBSIDY REINVESTMENT AND EMPOWERMENT PROGRAMME ON SOCIO-ECONOMIC DEVELOPMENT OF EDO STATE, NIGERIA

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APPRAISAL OF SUBSIDY REINVESTMENT AND EMPOWERMENT PROGRAMME ON SOCIO-ECONOMIC DEVELOPMENT OF EDO STATE, NIGERIA 

TABLE OF CONTENTS

Title Page                                                                                  i

Declaration                                                                                ii

Approval Page                                                                           iii

Dedication                                                                                  iv

Abstract                                                                                     vi

Table of Contents                                                                      vii

CHAPTER ONE: INTRODUCTION

1.1    Inroduction                                                 1

1.2  Background of the study       3

1.3    Statement of the General Problem                                  4

1.4    Objective of the study                                                       5

1.5    Significance of the study                                                  5

1.6    Statement of hypothesis                                                   6

1.7    Scope of the study                                                             6

1.8    Limitation of the study                                                     7

1.9    Definition of terms                                                            7

CHAPTER TWO: LITERATURE REVIEW

2.0    Introduction                                                                      9

2.1    Review of related literature                                             9

2.2    Theoretical framework

2.3    Summary of review                                                           33

CHAPTER THREE: RESEARCH METHODOLOGY

3.1    Introduction                                                                      35

3.2    Research design                                                                35

3.3    Area of study                                                                    35

3.4    Population of the study                                                    36

3.5    Sample size                                                                       36

3.6    Instrument for data collection                                          36

3.7    Reliability of the instrument                                            37

3.8    Validity of the Instrument                                               38

3.9    Method of data Collection                                                 38

3.10  Method of Data Analysis                                                  39

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS

4.1    Introduction                                                                      41

4.2    Characteristics of the respondents                                   41

4.3    Presentation of Data Analysis                                         43

4.4    Discussion of Findings                                                     48

4.5    Summary of findings                                                        49

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1    Summary                                                                          51

5.2    Conclusion                                                                        52

5.3    Recommendation                                                              53

Biography                                                                         54

Appendix                                                                           56

Abstract:
This study aims to assess the impact of the Subsidy Reinvestment and Empowerment Programme (SURE-P) on the socio-economic development of Edo State, Nigeria. SURE-P was introduced by the Nigerian government as a measure to reinvest funds saved from fuel subsidy removal into critical sectors such as transportation, education, health, and job creation. The effectiveness of SURE-P in achieving its objectives and fostering socio-economic development in Edo State is evaluated through a comprehensive appraisal.

The research methodology involves a combination of quantitative and qualitative approaches. Primary data is collected through structured interviews, surveys, and focus group discussions with beneficiaries of SURE-P programs, government officials, and community leaders. Secondary data is sourced from government reports, academic literature, and relevant publications. The collected data is analyzed using descriptive statistics, thematic analysis, and econometric techniques.

The study investigates the extent to which SURE-P interventions have contributed to the development of critical sectors in Edo State. It assesses the impact of SURE-P initiatives on employment generation, poverty reduction, healthcare provision, educational infrastructure, and transportation services. Additionally, the study examines the challenges and constraints encountered in the implementation of SURE-P programs and identifies potential areas for improvement.

Preliminary findings indicate that SURE-P has made significant contributions to the socio-economic development of Edo State. The program has facilitated job creation through the establishment of vocational training centers and the provision of employment opportunities in various sectors. It has also enhanced access to quality healthcare services through the construction and renovation of health facilities. Furthermore, SURE-P interventions have improved educational infrastructure and increased access to education for marginalized communities. However, challenges such as inadequate funding, corruption, and poor coordination have hampered the full realization of the program’s potential impact.

The study concludes with policy recommendations to enhance the effectiveness and sustainability of SURE-P programs in Edo State. These recommendations include improved coordination and monitoring mechanisms, increased budgetary allocations, capacity building for stakeholders, and the promotion of transparency and accountability in program implementation.

Keywords: Subsidy Reinvestment and Empowerment Programme, SURE-P, socio-economic development, Edo State, Nigeria, impact assessment, job creation, poverty reduction, healthcare provision, educational infrastructure.

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