President Bola Tinubu has decided to suspend all Social Investment Programmes administered by the National Social Investment Programme Agency (NSIPA).
The suspension was announced in a statement released on Friday by Segun Imohiosen, the Director of Information for the Secretary to the Government of the Federation.
The President’s action is a response to the ongoing investigation into alleged malfeasance in the management of the agency and its programmes.
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The suspension covers all four programmes under NSIPA: N-Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme, and Home Grown School Feeding Programme.
It is initially implemented for a period of six weeks. President Tinubu expressed significant concerns about operational lapses and improprieties related to payments made to the beneficiaries of these programmes.
In addition to the suspension, President Tinubu has established a ministerial panel tasked with conducting a thorough review of the agency’s operations and recommending necessary reforms.
During this suspension period, all NSIPA-related activities, including distributions, events, payments, collaborations, and registrations, are temporarily frozen.
Further details on the matter are expected to be provided later.
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