Crime Watch

Presidential Panel On Social Investment Programmes Submits Report To Tinubu

Advertisement
Advertisement

Presidential Panel on Social Investment Programmes has submitted the report to President Tinubu with recommendations.

 

NewsOnline Nigeria reports that the Presidential Panel on the National Social Investment Programmes (NSIP) has submitted its report to President Bola Tinubu and also made recommendations.

 

 

This Nigeria news platform learned that the panel led by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, recommended the removal of the programmes from the Ministry of Humanitarian Affairs and Poverty Alleviation.

 

This platform understands that the programmes are implemented by the National Social Investment Programme Agency (NSIPA) domiciled under the humanitarian ministry.

 

The programmes includes N-Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme, and Home Grown School Feeding Programme.

 

Recall that President Tinubu had suspended Halima Shehu as the Chief Executive Officer (CEO) of NSIPA over alleged financial malfeasance and appointed her replacement.

 

A week later, the president also suspended the Minister of Humanitarian Affairs, Betta Edu, after a memo surfaced wherein she asked the Accountant-General of the Federation, Oluwatoyin Madein, to transfer N585 million to a private account.

 

President Tinubu then ordered the Economic and Financial Crimes Commission (EFCC) to investigate the allegations against Edu and Shehu. Days later, both women faced officials of the anti-graft agencies.

 

He also directed that the panel led by Edun to conduct a comprehensive diagnostic of the financial architecture and framework of the programmes with a view to conclusively reforming the relevant institutions and programmes.

 

According to TheCable, the panel, in the interim report on Saturday, recommended that the programmes should be resumed to alleviate the sufferings of poor and vulnerable Nigerians.

 

The panel added that a new committee under the leadership of Edun should oversee the social investment programmes.

 

The report reads in part: “Convene a steering committee/board under the leadership of the Hon. Minister of Finance and coordinating Minister of the economy to oversee the coordination of programmes.

 

“Determine the future of the NSIPA by advocating for a proper review and amendment of the NSIPA act.”

 

In a chat with the news platform, a government official, who pleaded anonymity, said before the social investment programmes are transferred to a new body for implementation, the relevant laws would have to be amended.

 

He said: “The executive bill sent by the Muhammadu Buhari administration to the national assembly, placed the NSIPA, which is in charge of these social programmes, in the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.

 

“A bill would have to be sponsored to amend the principal act.

“Anything outside of that is illegal and against the laws setting up the NSIPA.

Advertisement
NewsOnline Nigeria

Recent Posts

  • Exchange Rates

BREAKING: Northern Elders’ Forum Backs Governors On Tinubu’s Tax Reform Bills

Northern Elders’ Forum has backed Governors on President Tinubu’s Tax Reform Bills.   NewsOnline Nigeria…

11 hours ago
  • Economy And Business

BREAKING: PDP Governors Order Tinubu To Review Harsh Economic Policies

PDP Governors have ordered President Tinubu to review harsh economic policies.   NewsOnline Nigeria reports…

11 hours ago
  • Exchange Rates

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24 November 2024

The black market dollar to Naira exchange rate on Sunday 24 November 2024 can be…

11 hours ago
  • Exchange Rates

BREAKING: Sani Fagge Exposes Cabals Misleading President Tinubu

Sani Fagge has exposed cabals misleading and shielding President Tinubu from Nigerians' suffering.   NewsOnline…

21 hours ago
  • Crime Watch

BREAKING: Tinubu Government Moves To Extradite Simon Ekpa Suffers Major Setback

President Tinubu Government's move to extradite Simon Ekpa has suffered a major setback.   NewsOnline…

21 hours ago
  • Exchange Rates

BREAKING: FG Speaks On Sacking Civil Servants With Benin Republic, Togo University Certificates

FG has spoken on sacking civil servants with Benin Republic and Togo University Certificates.  …

21 hours ago