The President of Nigeria, Asiwaju Bola Tinubu has approved the suspension of all administered programmes by the National Social Investment Programme Agency (NSIPA).
The suspension was announced in a statement on Friday by Segun Imohiosen, the Director of Information at the Secretary to the Government of the Federation.
The Global News reports that the President’s decision was made in light of the ongoing investigation into alleged malfeasance in the management of the agency and its programs.
“All four (4) Programmes administered by NSIPA, viz; N- Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme and Home Grown School Feeding Programme (the “Programs”) have been suspended for a period of six weeks in the first instance,” the statement read.
“President Bola Tinubu has also raised significant concerns regarding operational lapses and improprieties surrounding payments to the Programs’ beneficiaries.”
President Tinubu also constituted a ministerial panel to conduct a thorough review of the agency’s operations to recommend necessary reforms of the NSIPA.
Throughout the duration of this suspension, all NSIPA-related activities, encompassing distributions, events, payments, collaborations, and registrations, are now halted.
The President also assured stakeholders and all Nigerians that his administration remains committed to a swift and unbiased process that will ensure that, going forward, social intervention programmes will work exactly as intended, to the benefit of the most vulnerable Nigerians.