President Bola Ahmed Tinubu has announced a special Presidential Panel on Social Investment Programmes.
Ajuri Ngelale, presidential spokesperson, disclosed this in a statement on Saturday.
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
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.
