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BREAKING: N585million Fraud: President Tinubu Suspends N-Power, School Feeding, Other Social Investment Programmes

President Bola Tinubu has suspended all administered Social Investment Programmes by the National Social Investment Programme Agency.

This was made known in a statement issued on Friday by the Director of Information, Secretary to the Government of the Federation, Segun Imohiosen, claiming that the presidential decision was influenced by “ongoing investigation of alleged malfeasance in the management of the agency and its programmes.”

The statement continued: “All four programmes administered by NSIPA, viz; N- Power Programme, Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme and Home Grown School Feeding Programme have been suspended for a period of six weeks in the first instance.

“President Bola Ahmed Tinubu has also raised significant concerns regarding operational lapses and improprieties surrounding payments to the programmes’ beneficiaries, ”  Imohoisen added.

The statement added that President Tinubu also established 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.

Recall that the National Social Investment Programme Agency is under the Ministry of Humanitarian Affairs and Poverty Alleviation. 

The minister of the ministry, Dr Betta Edu, had also been suspended by the President over the alleged fraudulent diversion of N585million public funds.

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