Tinubu Suspends National Social Investment Programmes

President Bola Tinubu has suspended all administered programmes by the National Social Investment Programme Agency (NSIPA).

Mr Segun Imohiosen Director Information, office of the Secretary to the Government of the Federation (SGF) made this known in a statement on Friday in Abuja.

According to him, the action is further to the ongoing investigation of alleged malfeasance in the management of the agency and its programmes.  Naira Rises by 19% as Forex Market Pressures Ease

“All four Programmes administered by NSIPA, viz; N- Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme.

“And Home Grown School Feeding Programmes have been suspended for a period of six weeks in the first instance, ” he said.

He said President Tinubu has also raised significant concerns regarding operational lapses and improprieties surrounding payments to the programmes’ beneficiaries.

Tinubu, therefore, has constituted a ministerial panel to conduct a thorough review of the Agency’s operations with a view to recommending necessary reforms of the NSIPA.

“During the period of this suspension, all NSIPA-related activities, including but not limited to all distributions, events, payments, collaborations and registrations are now frozen”.

The President wishes to assure the stakeholders and all Nigerians that his administration remains committed to a swift an unbiased process that will ensure moving forward.

He added that the social intervention programmes would work exactly as intended to the benefit of the most vulnerable Nigerians.