Tinubu sets up Panel on Social Investment Programmes

President Bola Ahmed Tinubu has announced a special presidential panel on social investment programs.

The presidential spokesperson, Ajuri Ngelale, made this known 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 undertaking a comprehensive review and audit of existing financial frameworks and policy guidelines for the Social Investment Programmes.

It will also implement a total re-engineering of the financial architecture of the programmes with detailed modifications 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 Ministry of Humanitarian Affairs and Poverty Alleviation.

The President suspended Halima Shehu, the National Coordinator of the National Social Investment Programme Agency, on January 2, over financial misappropriation.

A few days later, the President also suspended Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, over N585 million corruption allegations.