Mon. Sep 16th, 2024

President Tinubu Suspends National Social Investment Programme

Spread the love

President Bola Tinubu has suspended all administered programmes by the National Social Investment Programme Agency (NSIPA).

In a press release signed by the Director Information for the Secretary to the Government of the Federation, Segun Imohiosen, this is further to the ongoing investigation of alleged malfeasance in the management of the agency and its programmes.

All four (4) Programmes administered by NSIPA, viz; N- Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme and Home Grown School Feeding Programme (the “Programs”) have been suspended for a period of six (6) weeks in the first instance.

President Tinubu has also raised significant concerns regarding operational lapses and improprieties surrounding payments to the Programs’ beneficiaries.

He has therefore constituted a ministerial panel to conduct a thorough review of the Agency’s operations with a view to recommending necessary reforms of the NSIPA.

Read Also: President Tinubu Appoints Adama ED Midstream, Downstream Gas Infrastructure Fund

During the period of this suspension, all NSIPA-related activities, including but not limited to all distributions, events, payments, collaborations and registrations are now frozen.

The President wishes to assure the stakeholders and all Nigerians that his administration remains committed to a swift and unbiased process that will ensure that, going forward, social intervention programmes will work exactly as intended, to the benefit of the most vulnerable Nigerians.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.