Categories: Headline Top Stories

Tinubu Unveils Special Presidential Panel On Social Investment Programmes

The Panel is tasked with immediately undertaking a comprehensive review and audit of existing financial frameworks and policy guidelines of the Social Investment Programmes.

Tinubu has unveiled a Special Presidential Panel on Social Investment Programmes.

 

NewsOnline Nigeria reports that President Bola Ahmed Tinubu has announced a special Presidential Panel on Social Investment Programmes.

 

This Nigeria news platform understands that Ajuri Ngelale, presidential spokesperson, disclosed this in a statement on Saturday.

 

ALSO: Disquiet As Yemi Cardoso Move To Relocate Major CBN Departments Back To Lagos

 

The President gave the Minister of Finance, Wale Edun, the nod to head the Special Panel.

 

The Panel is tasked with immediately undertaking a comprehensive review and audit of existing financial frameworks and policy guidelines of the Social Investment Programmes.

 

It will also implement a total re-engineering of the financial architecture of the programmes with detailed modification to procedures guiding the programmes’ implementation moving forward.

 

The Panel consists of the following members:

Coordinating Minister of the Economy and Minister of Finance – Chairman;

Coordinating Minister of Health and Social Welfare – Member

Honourable Minister of Budget and Economic Planning – Member

Honourable Minister of Information and National Orientation – Member

Honourable Minister of Communications, Innovation and Digital Economy – Member

Honourable Minister of State for Youth – Member

 

NewsOnline Nigeria reports that the development follows the suspension of the N-Power Programme, the Conditional Cash Transfer Programme and two other programmes administered by the National Social Investment Programme, NSIPA.

 

The programmes were suspended to give way for a thorough probe of the agency and the Humanitarian Affairs and Poverty Alleviation Ministry.

 

NewsOnline Nigeria recalls that on January 2nd 2024, Tinubu suspended Halima Shehu, the national Coordinator of the National Social Investment Programme Agency, over financial misappropriation.

 

Days after, the President suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, over N585 million corruption allegations.

NewsOnline Nigeria

Recent Posts

  • 2027 Election
  • Politics
  • Top Stories

“2027 Presidency Not a Computer Game” – Jonathan Speaks On Calls to Contest Again

Former President Jonathan has reacted to calls to contest 2027 presidency.   NewsOnline Nigeria reports…

9 hours ago
  • Africa
  • Top Stories

President Tinubu Redeploys Fani-Kayode From Germany To South Africa

President Tinubu has approved the redeployment of Fani-Kayode from Germany to South Africa.   NewsOnline…

9 hours ago
  • Crime Watch
  • Top Stories

NNPCL Under Fire Over Alleged $3.5bn Spent on Port Harcourt, Warri, Kaduna Refineries

NNPCL has come under fire over alleged $3.5bn spent on Port Harcourt, Warri, and Kaduna…

9 hours ago
  • Headline

BREAKING: Foreign Affairs Minister Bianca Ojukwu Breaks Silence On South Africa Xenophobic Attacks

Foreign Affairs Minister Bianca Ojukwu has broken silence on South Africa Xenophobic attacks on Nigerians.…

16 hours ago
  • Headline

BREAKING: Senate Reverses Controversial Standing Rules Amendment

Senate has reversed controversial standing rules amendment and reopened contest for top leadership positions ahead…

16 hours ago
  • Opinion

Enough Is Enough: Nigeria Must Reject Power Grabbers and Economic Predators

Nigeria is not for sale, and its future must not remain in the hands of…

17 hours ago