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Tinubu Suspends NSIP Amid Inquiry and Reform Plan

News Editor by News Editor
January 12, 2024
in News
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Tinubu Suspends NSIP Amid Inquiry and Reform Plan

Abuja, Nigeria – President Bola Ahmed Tinubu has halted all programs under the National Social Investment Programme Agency (NSIPA) for six weeks, citing an ongoing investigation into alleged mismanagement and concerns over beneficiary payments.

The suspension encompasses all four NSIPA programs: N-Power, Conditional Cash Transfer, Government Enterprise and Empowerment, and Home Grown School Feeding. The President raised specific concerns about operational flaws and irregularities observed in beneficiary payments.

To address these issues, President Tinubu established a ministerial panel tasked with conducting a comprehensive review of NSIPA’s operations and recommending necessary reforms. During the suspension, all NSIPA activities, including distributions, events, payments, collaborations, and registrations, will be temporarily frozen.

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The President assured stakeholders and all Nigerians that his administration is committed to a swift and impartial process aimed at ensuring the effectiveness and integrity of social intervention programs, particularly to benefit the most vulnerable Nigerians.

This development serves as a significant moment for NSIPA, which has faced allegations of corruption and inefficiency in recent years. The suspension and planned reforms suggest the government’s intent to address these concerns and improve the program’s efficacy. However, questions remain about the specific details of the investigation, the composition of the reform panel, and the timeline for resuming program operations.

Tags: Bola TinubuNational Social Investment Programme AgencyNSIPASummit Post News
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SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

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