Buhari Assented to National Social Investment Program (NSIP) Bill
Buhari Assented to National Social Investment Program (NSIP) Bill: President Buhari Assented to National Social Investment Program (NSIP) Bill, legalizes NSIP
The outgoing President, Major General Muhammadu Buhari (retd.), has assented to bills establishing the National Social Investment Program Agency and the National Senior Secondary Education Commission as well as six others passed by the National Assembly.
NSIP consists of NPowwer, Homegron food program, Geep Loan ( Farmermoni, trader Moni, Agric loan), Conditional Cash, and others. They are now legalized and will be heavily funded by the Federal Government each year
Npower is officially a legalized empowerment program, it will employ a large number of youth across Nigeria each year,.
According to a statement issued on Monday by the Senior Special Assistant to the President on National Assembly Matters – Senate, Senator Babajide Omoworare, the assent was in furtherance of the provisions of the Acts Authentication Act Cap. A2, Laws of the Federation of Nigeria 2004.
The statement was titled, ‘President Buhari Assents to the National Investment Programme Agency, National Senior Secondary Education Bills and Six Others.’
By signing its establishment bill into law, it legalizes the National Social Investment Programme initiated by the outgoing regime, which was established to assist and empower the poor and vulnerable in Nigeria, and changes its name to National Social Investment Programme Agency.
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The National Senior Secondary Education Act establishes a Commission, prescribes minimum standards for senior secondary education in Nigeria, and the management of the National Senior Secondary Education Fund.
The Chartered Institute of Power Engineers of Nigeria Act establishes the Chartered Institute of Power Engineers of Nigeria and is charged with the responsibility for determining the standard of knowledge and skill to be attained by persons seeking to become chartered power engineers.
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“The President also assented to the Federal University of Health Sciences Ila-Orangun (Establishment) Act, the Federal University of Health Sciences, Azare (Establishment) Act, the Chartered Institute of Development Studies and Administration of Nigeria (Establishment) Act, the Federal Institute of Industrial Research (Establishment) Act, and the Institute of Strategic Management of Nigeria Act, respectively.”
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