According to the Federal Government, President Bola Ahmed Tinubu has put a stop to all projects run by the National Social Investment Programme Agency (NSIPA).
The president’s decision was based on the “ongoing investigation into alleged misconduct in the management of the agency and its programmes,” according to Segun Imohiosen, the Director of Information and Secretary to the Government of the Federation, who announced the suspension in a statement on Friday.
In the first instance, all four (4) programmes run by NSIPA—the N-PoPower, Conditional Cash Transfer, Government Enterprise and Empowerment, and Home Grown School Feeding programs—were put on hold for six weeks, according to the statement.
“President Bola Ahmed Tinubu has also expressed grave concerns about irregularities and operational failures related to the distribution of funds to those who have benefited from the schemes.”
A ministerial team was also established by Tinubu to examine the NSIPA’s functioning and make recommendations for improvements, as stated in the announcement.
Everything having to do with NSIPA, such as distributions, events, payments, partnerships, and registrations, is currently on ice as a result of this suspension.
Also, Tinubu reassured everyone that his government will follow a fair and expedited procedure to make sure that social intervention projects help the most disadvantaged Nigerians in the future.
In response to allegations of financial misconduct at the National Social Investment Programme Agency (NSIPA), President Halima Shehu dismissed Shehu from her position on January 2.
Prior to her appointment, Halima was employed at the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development, and she had experience working as the National Coordinator of the Conditional Cash Transfer Programme. That occurred from 2017 through 2022.
As a result of the suspension and ongoing inquiry, Dr. Akindele Egbuwalo, who is the National N-POWER Programme Manager, has been designated to serve as the acting NC/CEO till the investigation is finished.
Approximately three months after the Senate confirmed her appointment, she is now facing suspension.