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    TotalEnergies Acquires Additional Stake in Nigeria’s OPL 257 from Conoil

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JUST IN: Tinubu suspends N-Power, School feeding, others

Friday, 12 January 2024, 7:22 pm
in Economy, News, Nigeria, Policies
0
JUST IN: Tinubu signs Student Loan bill into law
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President Bola Ahmed Tinubu has suspended all the programs administered by the National Social Investment Programme Agency (NSIPA

The suspension was announced in a statement on Friday, signed by the Director Information, Secretary to the Government of the Federation, Segun Imohiosen.

He said the president’s decision was in view of 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 (the “Programs”) have been suspended for a period of six weeks in the first instance,” the statement read.

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

Tinubu also constituted a ministerial panel to conduct a thorough review of the agency’s operations to recommend necessary reforms of the NSIPA, according to the statement.

“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.”

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.

Recall that Tinubu on January 2 suspended the Chief Executive Officer of the National Social Investment Programme Agency (NSIPA), Halima Shehu.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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