Tinubu Suspends National Social Investment Programme Amid Alleged Fraud

President Tinubu has announce the suspension of National Investment Programme for a period of six weeks. Announcing the suspension on Friday, the director of information and Secretary to the state government of the federation, Segun Imohiosen, said the President decision is in view of the alleged corruption in the management.

All four (4) Programmes administered by NSIPA, viz, N-Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme and Home Grown School Feeding Program, have been suspended for the period of six weeks. 

According to the statement, Tinubu also constituted a ministerial panel to conduct a thorough review of the agency’s operations to recommend 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.

Tinubu also assured 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.