Nigerian Finance Minister Reviews Progress on Social Investment Programme

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, chaired a meeting of the Presidential Panel on the Social Investment Programme (SIP) at the Finance Ministry’s headquarters on Tuesday. The panel convened to assess the progress of various policies under President Tinubu’s renewed hope agenda.

Among the key developments discussed was the disbursement of second payments to nearly one million verified beneficiaries under the Direct Benefit Transfer (DBT) program. The panel also encouraged the National Social Safety-Net Coordinating Office (NASSCO) to collaborate with the National Identity Management Company (NIMC) to facilitate easier NIN enrollment, allowing more Nigerians to access benefits.

A new communication strategy was also introduced to enhance programme awareness and outreach across Nigeria, ensuring that more citizens are informed about the initiatives available to them. Additionally, the meeting reviewed possible reforms to the School Feeding Programme, aimed at improving its effectiveness.

In his closing remarks, Mr. Edun underscored the importance of accurately identifying vulnerable individuals and ensuring that they receive their benefits securely and promptly through digital platforms. He reiterated President Tinubu’s dedication to ensuring that social investment programmes are delivered in an efficient, transparent, and timely manner.