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    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

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    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

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    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

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Betta Edu: Tinubu Suspends National Social Investment Programmes

The Daily Crucible by The Daily Crucible
January 12, 2024
in News
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Betta Edu: Tinubu Suspends National Social Investment Programmes

 

 

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

In a statement by Segun Imohiosen, the Director of Information, office of Secretary to the Government of the Federation, President Tinubu said this is in furtherance of the ongoing investigation of alleged irregularities in the management of the agency and its programmes.

The statement read: “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 (6) weeks in the first instance.

 

“President Bola Ahmed Tinubu has also raised significant concerns regarding operational lapses and improprieties surrounding payments to the Programs’ beneficiaries.

 

The President therefore 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 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.”

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