Following the six-week suspension of the four (4) programmes under the National Social Investment Programmes Agency (NSIPA), President Bola Tinubu has approved the establishment of a Special Presidential Panel to look into the initiatives.
The panel will be led by the Coordinating Minister of Economy and Honourable Minister of Finance, Wale Edun.
The Panel is to undertake a comprehensive review and audit of existing financial frameworks and policy guidelines of the social investment programmes with to implement a total re-engineering of the financial architecture of the programmes with detailed modification to procedures guiding the programmes’ implementation moving forward.
The Special Presidential Panel is comprised of ministers representing strategic sectors and will ensure a multi-disciplinary approach to the reform effort.
The members are Coordinating Minister of Health and Social Welfare – Member, Minister of Budget and Economic Planning, and the Minister of Information and National Orientation.
Others are the Minister of Communicatons, Innovation and Digital Economy, and the Minister of State for Youth.
President Tinubu anticipates that this Special Presidential Panel will validate the confidence reposed in it by winning back all lost public confidence in these vital programmes over the years by ushering in a new era of operation based on open and accountable governance frameworks that will prove impervious to abuse and incompetence for the exclusive benefit of disadvantaged households across our nation.
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