President Bola Tinubu has approved the establishment of a Special Presidential Panel on Social investment programmes.
The panel will be led by the Coordinating Minister of the Economy and Honourable Minister of Finance, Mr. Wale Edun.
Presidential Media Adviser, Ajuri Ngelale, said in a statement on Saturday that the establishment of the panel is sequel to the President’s six-week suspension of the four (4) programmes under the National Social Investment Programmes Agency (NSIPA).
According to Ajiri, the 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.
He added that the Special Presidential Panel, which comprises of ministers representing strategic sectors will also ensure a multi-disciplinary approach to the reform effort.
The panel 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.”
