Categories: News

Corruption: Tinubu Suspends Social Investment Programme, Constitutes Panel

All administered programmes by the National Social Investment Programme Agency (NSIPA), have been suspended by President Bola Tinubu.

This is just as he constituted a ministerial panel to conduct a thorough review of the Agency’s operations.

The suspension was due to the ongoing investigation of alleged malfeasance in the management of the agency and its programmes.

Osun Defender reports that the National Coordinator of NSIPA, Halima Shehu was suspended by Tinubu over allegations of financial misappropriation and money laundering involving N37.1 billion within the Ministry of Humanitarian Affairs, Disaster Management, and Social Development.

Also, the Economic and Financial Crime Commission who invited her after she was suspended, said it had recovered about N39.8 billion out of N44.8 billion allegedly embezzled from the government account under her watch.

Shehu allegedly signed off N44 billion from the government account in five days between 27th and 31st December 2023.

The suspension was made known on Friday in a statement by the Director of Information in the office of the Secretary to the Government of the Federation, Segun Imohiosen

He noted that all four (4) Programmes administered by NSIPA, which are; N- Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme and Home Grown School Feeding Programme had been suspended for a period of six (6) weeks in the first instance.

He said, “President Bola Ahmed Tinubu has also raised significant concerns regarding operational lapses and improprieties surrounding payments to the Programs’ beneficiaries.

“He has therefore constituted a ministerial panel to conduct a thorough review of the Agency’s operations with a view to recommending 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.

“The President wishes to assure the stakeholders and all Nigerians that his administration remains committed to a swift and unbiased process that will ensure that, going forward, social intervention programmes will work exactly as intended, to the benefit of the most vulnerable Nigerians.”

Recent Posts

Harsh Economy: Nigerians React As President Tinubu Spotted With Over 60-Vehicle Convoy In Lagos

In a video making waves on social media platforms, Nigerians have reacted with mixed feelings…

11 hours ago

Man Arrested For Insulting President Tinubu, Sanwo-Olu, IGP

A popular Nigerian TikToker identified simply as Seaking has been arrested by operatives of the…

17 hours ago

The Longest Prison Sentences Ever Served

Throughout history, some individuals have endured extraordinarily long prison sentences, with their stories reflecting the…

17 hours ago

Families Call For Help As DSS Arrests Lovers In Osun Community

There is growing tension in Modakeke, Osun State, following the alleged arrest of two lovers,…

21 hours ago

Ibadan Stampede: I Regret Not Heeding Spiritual Warning – Woman Who Lost Two Kids

A victim of the stampede that occurred in Ibadan, Oyo State capital, which has claimed…

21 hours ago

Trending Stories In Osun Today

The vibrant Osun State is no stranger to captivating events and headlines that draw attention…

22 hours ago

This website uses cookies.