President Bola Ahmed Tinubu has suspended all programmes administered by the National Social Investment Programme Agency, NSIPA.

The suspension, according to Segun Imohiosen, Director of Information, Office of the Secretary to the Government of the Federation, on Friday, was to allow for an ongoing investigation of alleged malfeasance in the management of the agency and its programmes.

The Presidency specifically said all four programmes administered by NSIPA, namely N- Power Programme, the Conditional Cash Transfer Programme, Government Enterprise and Empowerment Programme and Home Grown School Feeding Programme have been suspended for six weeks in the first instance.

Imohiosen also confirmed that President Tinubu has raised significant concerns regarding operational lapses and improprieties surrounding payments to the programmes’ beneficiaries.

He has therefore constituted a ministerial panel to conduct a thorough review of the agency’s operations and recommend necessary reforms to NSIPA.

During the period of this suspension, all NSIPA-related activities, including but not limited to all distributions, events, payments, collaborations, and registrations, are 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,” Imohiosen noted in the statement made available to reporters.