President Bola Tinubu has taken the decision to suspend all Social Investment Programs administered by the National Social Investment Programme Agency (NSIPA). The announcement came through a statement released on Friday by Segun Imohiosen, the Director of Information at the Secretary to the Government of the Federation.
The suspension, effective for a period of six weeks initially, is attributed to the ongoing investigation into alleged malfeasance in the management of the agency and its programs. The four programs affected by the suspension include the N-Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme, and Home Grown School Feeding Programme.
President Tinubu expressed significant concerns about operational lapses and improprieties related to payments to the beneficiaries of these programs. In response, he has established a ministerial panel to conduct a thorough review of the agency’s operations and recommend necessary reforms for NSIPA.
Throughout the suspension period, all NSIPA-related activities, encompassing distributions, events, payments, collaborations, and registrations, are now frozen.
More details to follow as the situation develops.
