President Bola Tinubu on Saturday approved the establishment of a Special Presidential Panel saddled with the responsibility of undertaking a comprehensive review and reform of the social investment programmes suspended last month.
The panel 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.”
