The Economic and Financial Crimes Commission has declared a Kastina-based businessman, Idris Usman, wanted for an alleged N1bn fraud involving the Subsidy Reinvestment and Empowerment Programme otherwise known as SURE-P.
The suspect, who is the Managing Director, Idris Kwado and Sons Limited and Aminu Dikko and Sons Limited, was given a contract of N1bn by the immediate-past governor of Kastina State, Ibrahim Shema, who has been charged for an alleged N11bn fraud.
The commission in a statement on Tuesday, said, “Alhaji Idris Kwado Usman, the Managing Director, Idris Kwado and Sons Limited and Aminu Dikko and Sons Limited, is a Katsina-based contractor wanted for complicity in the misappropriation of over N1bn SURE-P funds in Kastina during the tenure of former Governor Ibrahim Shema.
“Usman, 49, is dark in complexion, hails from Katsina Local Government Area and had his last address as Kwado village, off Ring Road, Katsina.”
SURE-P was a scheme established by the Federal Government of Nigeria during the administration of former President Goodluck Jonathan to re-invest the Federal Government’s savings from fuel subsidy removal on critical infrastructure