In a recent development, President Bola Tinubu has taken decisive action by temporarily suspending the National Social Investment Programme (NSIP) under the National Social Investment Programme Agency (NSIPA).
This suspension, effective for a period of six weeks, is a response to ongoing investigations into allegations of malfeasance within the agency. Infostride News has gathered that the directive came from the office of the Secretary to the Government of the Federation, as conveyed in a statement signed by the Director of Information, Segun Imohiosen.
The suspension encompasses all four key programs administered by NSIPA: N-Power, Conditional Cash Transfer, Home Grown School Feeding Program, and Government Enterprise and Empowerment Program (GEEP). President Tinubu, GCFR, expressed his commitment to addressing issues surrounding the management of the agency and its programs. The statement emphasized the temporary nature of the suspension, lasting six weeks in the first instance.
The official statement from Infostride News reads, “President Bola Ahmed Tinubu, GCFR, has suspended all administered programmes by the National Social Investment Programme Agency (NSIPA). This is further to the ongoing investigation of alleged malfeasance in the management of the agency and its programmes. 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 have been suspended for a period of six (6) weeks in the first instance.”
In addition to the suspension, President Tinubu expressed concern about the operations of the programs, particularly focusing on issues related to the payment of beneficiaries of the schemes. In response, the President has established a ministerial panel to conduct a thorough investigation into the activities of NSIPA, aiming to bring about necessary reforms.
The statement also outlined that, during the period of suspension, all NSIPA-related activities are frozen. This includes distributions, events, payments, collaborations, and registrations. The decision to halt these activities underscores the seriousness with which the President is approaching the need for transparency and accountability within the agency.
**Background and Context**
This development follows earlier actions taken by President Tinubu, who recently suspended the National Coordinator of NSIPA over allegations of the illegal diversion of funds amounting to billions. The Ministry of Humanitarian Affairs has also come under scrutiny in recent weeks due to allegations of wrongful payments of funds intended for its programs into personal accounts.
Notably, President Tinubu took a decisive step on Monday by suspending the Minister of Humanitarian Affairs, Dr. Betta Edu, over allegations of approving payments totaling N585 million into the personal accounts of individuals. These actions are indicative of a broader commitment to rooting out corruption, ensuring financial integrity, and restoring public trust in government programs.
As the investigations unfold and the ministerial panel delves into the affairs of NSIPA, Infostride News will continue to provide comprehensive coverage of the developments, offering insights into the reforms and changes that may be implemented in the wake of these allegations.
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