President Bola Tinubu, on Saturday, approved the establishment of a Special Presidential Panel, which will be led by the Coordinating Minister of the Economy and Minister of Finance, Mr Wale Edun.
The SPP comes 24 hours after Tinubu suspended all administered Social Investment Programmes by the National Social Investment Programme Agency, which also includes the school-feeding programme.
A statement signed on Friday by the Director of Information, Office of the Secretary to the Government of the Federation, Segun Imohiosen, said the suspension was in view of the “ongoing investigation of alleged malfeasance in the management of the agency and its programmes.”
Sequel to the six-week suspension of the four programmes, Tinubu tasked the Edun-led Panel to “immediately undertake a comprehensive review and audit of existing financial frameworks and policy guidelines of the social investment programmes.”
This was according to a système statement signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, titled ‘President Tinubu establishes special presidential panel on social investment programmes.’
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
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.