Economy

FG moves to enhance social investment programs

By Daudu John

September 26, 2024

FG moves to enhance social investment programs

In a significant stride towards actualizing President Bola Ahmed Tinubu’s Renewed Hope Agenda, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has convened a high-level meeting of the Presidential Panel on the Social Investment Programme (SIP) with a view to assessing the progress of policies designed to uplift Nigeria’s most vulnerable populations

 

Key updates from the meeting, which was held in his office in Abuja today, included the second payments to approximately one million verified recipients under the Direct Benefit Transfer (DBT) program.

 

Additionally, the National Social Safety-Net Coordinating Office (NASSCO) was encouraged to become a front-end partner with National Identity Management Company (NIMC) for NIN enrollment, and a new communication strategy was discussed to improve programme outreach across Nigeria.

 

Reforms to the School Feeding Programme were also explored.

 

In his remarks, the Honourable Minister emphasized the critical importance of identifying the most vulnerable individuals, ensuring they receive their benefits promptly and securely using digital means.

 

He reiterated the present administration’s commitment to ensuring a successful delivery of social investment programmes efficiently and transparently

 

As Nigeria continues on its path towards renewed hope and development, this high-level meeting marks a crucial step towards harnessing the potential of social investment programmes to drive positive change.