In a significant move aimed at enhancing transparency and efficiency in social welfare initiatives, President Bola Ahmed Tinubu has announced the establishment of a Special Presidential Panel on Social Investment Programmes. The decision was revealed by the Presidential spokesperson, Ajuri Ngelale, in a statement released on Saturday.
The President has entrusted the responsibility of heading the Special Panel to the Minister of Finance, Wale Edun. The primary objective of this newly formed panel is to conduct a thorough and immediate review and audit of the existing financial frameworks and policy guidelines governing the Social Investment Programmes.
In addition to the review and audit, the panel is mandated to execute a complete re-engineering of the financial architecture associated with the Social Investment Programmes.
As reported by Thecable, the overhaul will involve a detailed modification of the procedures guiding the implementation of these programs in order to ensure their effectiveness and alignment with the administration’s goals.