Bill to Institutionalize & Permanent N-SIP Scale Third Reading
Bill to Institutionalize & Permanent N-SIP Scale Third Reading: The Nigerian Senate has passed the bill to institutionalize and make the NSIP program of the federal government permanent, this is coming at a time when all hand is on deck to drastically reduce the rate of unemployment in the country
The NSIP bill is an executive Bill that seeks to provide a statutory and institutional framework to permanent the program.
A bill to permanent the National Social Investment Program (NSIP), has scaled third reading in the Senate
The chairman of the Senate’s committee on special duties presented his committee’s findings after several weeks of Engagement with relevant government agencies.
The bill gets the nod of the Senate as other lawmakers agree that it will lay a solid foundation for poverty alleviation in Nigeria.
As we all know, the National Social Investment Program (NSIP) consists of the Npower Program, National Home-grown Food Program, Geep Loan, Conditional Cash program (RRR), NASSCO, etc,
The committee and report stage is currently ongoing and when this it is done, the president will give ascent to the bill to become law,
What does this mean, it means that all the NSIP programs including Npower Program, National Home-grown Food Program, Geep Loan, Conditional Cash program (RRR), and NASSCO will be conducted yearly, and will not end by the time the current government leaves office.
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