Presidential Directive: Revamping Social Investment Programs
In a significant move, President Bola Tinubu has initiated a transformative step in governance by establishing a Special Presidential Panel on Social Investment Programmes. Following the suspension of four programs under the National Social Investment Programmes Agency (NSIPA) for six weeks, the President has appointed the Coordinating Minister of the Economy and Minister of Finance, Mr. Wale Edun, to lead the panel.
The Special Presidential Panel is entrusted with conducting a thorough review and audit of existing financial frameworks and policy guidelines associated with social investment programs. The primary objective is to implement a comprehensive re-engineering of the financial architecture, coupled with detailed modifications to procedures guiding program implementation.
Comprising ministers from strategic sectors, this multi-disciplinary panel includes:
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 Communications, Innovation, and Digital Economy - Member
6. Honourable Minister of State for Youth - Member
President Tinubu envisions that the Special Presidential Panel will restore public confidence in these vital programs, ushering in a new era of open and accountable governance frameworks. This initiative aims to create resilient systems that safeguard against abuse and incompetence, exclusively benefiting disadvantaged households nationwide.
Chief Ajuri Ngelale
Special Adviser to the President Media & Publicity
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