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    MarketForces Africa » MarketForces News » Tinubu Seeks Amendment to 2023 National Social Investment Act

    Tinubu Seeks Amendment to 2023 National Social Investment Act

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiNovember 19, 2024 News No Comments2 Mins Read
    Tinubu Seeks Amendment to 2023 National Social Investment Act
    President Bola Tinubu
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    Tinubu Seeks Amendment to 2023 National Social Investment Act

    President Bola Tinubu has written the National Assembly, seeking amendment to the 2023 National Social Investment Programme Agency Establishment Act.

    Tinubu’s request is contained in a letter addressed to President of the Senate, Godswill Akpabio, and read at plenary on Tuesday. The letter was accompanied by the amendment bill titled: “Transmission of the National Social Investment Programme Agency Establishment Amendment Bill, 2024 for consideration of National Assembly.”

    “Pursuant to Section 58(2) of the Constitution of the Federal Republic of Nigeria 1999, as amended, I forward, herewith, for the kind consideration and passage by the Senate, the National Social Investment Programme Agency (Establishment) (Amendment) Bill, 2024, for the amendment of the National Social Investment Programme Agency Act, 2023,” it read.

    Tinubu said that the purpose of the bill was to make the national social register the primary targeting tool for implementation of the government’s social investment programmes.

    This, he said would ensure data driven social welfare programmes and implementation.

    According to him, the amendment will ensure transparent processes as well as dynamic and effective delivery of social protection benefits to vulnerable Nigerians.

    “While hoping that the senate will consider this submission in the usual expeditious manner, please accept, Distinguished Senate President, the assurances of my highest consideration,” the president said.# Tinubu Seeks Amendment to 2023 National Social Investment Act Naira Plummets to N1690/$ after CBN Priced Spot Rate High

    National Social Investment Act
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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