Remember how we shared an update in 2022, letting you know that the Federal Executive Council (FEC) had passed the NSIP Bill?
The National Social Investment Program Bill of President Muhammadu Buhari has been approved by the Senate. The third (3rd) reading of the National Social Investment Program (N-SIP) Bill in the Senate was completed recently.
The measure is currently awaiting presidential approval before becoming law.
National Social Investment Program (N-SIP) comprises the following programs:
- Conditional Cash Transfer (CCT)
- Government Enterprise and Empowerment Program (GEEP)
- National Home Growth School Feeding (NHGSFP)
This indicates that the National Social Investment Programme Agency is intended to be established by the Bill in order to oversee and carry out the National Social Investment Programs. If the Bill is passed and becomes law, it will give the current NSIP.