President Bola Tinubu has set up a six-person panel to reposition Nigeria’s social investment programmes.

PREMIUM TIMES reported that the president had suspended the programmes following tbe financial scandal in the humanitarian ministry which supervised them.

The current humanitarian minister, Betta Edu, is under suspension while her predecessor, Sadiya Faruq, is also being investigated by the anti-graft agency, EFCC.

The six-person committee is nade up of six ministers and is led by the Coordinating Minister of the Economy and Minister of Finance, Wale Edun.

“This Special 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,” presidential spokesperson Ajuri Ngelale said in a Saturday statement.

The programmes include the school feeding programme for primary school pupils, N-Power programme for unemployed graduates and cash transfer programme for the poor.

Read Mr Ngelale’s full statement below.

Sequel to President Bola Tinubu’s six-week suspension of the four (4) programmes under the National Social Investment Programmes Agency (NSIPA), President 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, Mr. Wale Edun.

This Special 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 and will ensure a multi-disciplinary approach to the reform effort, is made up of the following members:

(1) Coordinating Minister of the Economy and Minister of Finance – Chairman

(2) Coordinating Minister of Health and Social Welfare – Member

(3) Honourable Minister of Budget and Economic Planning – Member

(4) Honourable Minister of Information and National Orientation – Member

(5) Honourable Minister of Communicatons, Innovation and Digital Economy – Member

(6) 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.

Culled from Premium Times Nigeria