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President Bola Ahmed Tinubu has announced a special Presidential Panel on Social Investment Programmes.

The presidential spokesperson, Ajuri Ngelale, revealed this in a statement on Saturday.

As the President has approved, the Special Panel will be led by Wale Edun, the Minister of Finance.

The Panel’s initial assignment is to thoroughly examine and audit the Social Investment Programmes’ current policy guidelines and financial arrangements.

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In addition, a comprehensive overhaul of the financial framework of the programmes will be carried out, along with specific adjustments to the protocols that will direct the programmes’ future execution.

The members of the Panel are as follows:

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

Minister of Health and Social Welfare Coordination – Member

The Honourable Minister of Economic Planning and Budget – Member

The Honourable Minister of National Orientation and Information – Member

The Honourable Minister of Innovation, Digital Economy, and Communications – Member

The esteemed State Minister for Youth – Member

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The development follows the suspension of the N-Power Programme, the Conditional Cash Transfer Programme and two other programmes operated by the National Social Investment Programme, NSIPA.

The programmes were put on hold so that the Humanitarian Affairs and Poverty Alleviation Ministry and the agency could conduct a comprehensive investigation.

The National Social Investment Programme Agency’s national coordinator, Halima Shehu, was suspended by Tinubu on January 2, 2024, due to financial theft, as the DAILY POST remembers.

A few days later, the President suspended Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, due to accusations of corruption involving N585 million.

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