President Bola Tinubu has approved the establishment of a special presidential panel on social investment programmes which will be headed by the Coordinating Minister of the Economy and Honourable Minister of Finance, Mr. Wale Edun.
The news of the establishment of the special presidential panel was disclosed in a press release signed by the presidential spokesperson, Ajuri Ngelale, on Saturday.
According to the spokesperson’s statement, the special presidential panel will be responsible for carrying out a comprehensive review and audit of existing financial frameworks and policy guidelines of the social investment programmes.
Also, the special presidential panel is tasked with implementing a total re-engineering of the financial architecture of the social investment programmes with detailed modification to procedures guiding the programmes’ implementation moving forward.
According to the spokesperson’s statement, the special presidential panel will be responsible for carrying out a comprehensive review and audit of existing financial frameworks and policy guidelines of the social investment programmes.
Also, the special presidential panel is tasked with implementing a total re-engineering of the financial architecture of the social investment programmes with detailed modification to procedures guiding the programmes’ implementation moving forward.
Here are the members of the special presidential panel and their designation
(1) Coordinating Minister of the Economy and Minister of Finance – Chairman
(2) Coordinating Minister of Health and Social Welfare – Member
(3) Honourable Minister of Budget and Economic Planning – Member
(4) Honourable Minister of Information and National Orientation – Member
(5) Honourable Minister of Communicatons, Innovation and Digital Economy – Member
(6) Honourable Minister of State for Youth – Member
The task of this panel is to immediately undertake a comprehensive review and audit of existing financial frameworks and policy guidelines of the social investment programmes. With a view to implementing a total re-engineering of the financial architecture of the programmes with detailed modification to procedures guiding the programmes’ implementation moving forward.
Stay tuned for more updates.
