January 13, (THEWILL) – President Bola Tinubu has approved the establishment of a Special Presidential Panel, which will be led by the Coordinating Minister of the Economy and Honourable Minister of Finance, Wale Edun.
A statement issued by Ajuri Ngelale, Special Adviser to the President on Media and Publicity, said the Presidential Panel followed the six-week suspension of the four (4) programmes under the National Social Investment Programmes Agency (NSIPA).
THEWILL reports that President Tinubu, on Friday, directed the suspension of “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”.
Ngelale said the Presidential Panel is tasked with immediately undertaking a comprehensive review and audit of existing financial frameworks and policy guidelines of the social investment programmes with a view to implementing a total re-engineering of the financial architecture of the programmes with detailed modification to procedures guiding the programmes’ implementation moving forward.
The Special Presidential Panel, which is comprised of ministers representing strategic sectors, will ensure a multi-disciplinary approach to the reform effort.
Members of the panel include: Coordinating Minister of the Economy and Minister of Finance – Chairman; Coordinating Minister of Health and Social Welfare – Member; Honourable Minister of Budget and Economic Planning – Member; Honourable Minister of Information and National Orientation – Member; Honourable Minister of Communication, Innovation and Digital Economy – Member, and Honourable Minister of State for Youth – Member.
President Tinubu anticipates that this Special Presidential Panel will validate the confidence reposed in it by winning back all lost public confidence in these vital programmes over the years by ushering in a new era of operation based on open and accountable governance frameworks that will prove impervious to abuse and incompetence for the exclusive benefit of disadvantaged households across our nation.
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