President Tinubu has approved the establishment of a six-man Special Presidential Panel, which will be chaired by the Coordinating Minister of the Economy and Minister of Finance, Mr. Wale Edun.
The setting up of the panel, according to a release issued on Saturday by presidential spokesperson, Ajuri Ngelale, was sequel to President Bola Tinubu’s six-week’s suspension of the four programmes under the National Social Investment Programmes Agency (NSIPA).
Other members of the Special Presidential Panel, which is made up of ministers representing strategic sectors that will ensure a multi-disciplinary approach to the reform effort, are Coordinating Minister of Health and Social Welfare; Minister of Budget and Economic Planning; Minister of Information and National Orientation; Minister of Communicatons, Innovation and Digital Economy and Minister of State for Youth.
The Special 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.
President Tinubu anticipates that the Panel will validate the confidence reposed in it by winning back all lost public confidence in the 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.
Deji Elumoye in Abuja
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