President Bola Tinubu on Friday, suspended all the Social Investment Programmes (SIP) overseen by the National Social Investment Programme Agency (NSIPA).
The Director Information, Secretary to the Government of the Federation, Segun Imohiosen, confirmed this in a statement.
Imohiosen 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 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 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 programmes’ beneficiaries, ” Imohoisen added.
According to the statement, Tinubu also constituted a ministerial panel to conduct a thorough review of the agency’s operations to recommend necessary reforms of the NSIPA.
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