- Olalere Toheeb
In a significant move to enhance the country’s social safety net, Finance Minister Wale Edun presided over a crucial meeting of the Presidential Panel on the Social Investment Program (SIP) at the Finance Ministry headquarters yesterday.
The meeting marked a major milestone in the implementation of the SIP, with a comprehensive report showcasing significant strides in the direct transfer of funds to the nation’s poorest and most vulnerable citizens.
Minister Edun emphasized the importance of transparency and accountability in the implementation of social investment policies, stressing the need for platforms that allow citizens to monitor and verify the progress of these interventions.
The meeting also saw the introduction of a new draft for the Youth Employment Benefits scheme, aimed at addressing youth unemployment through targeted interventions.
With this development, the government reinforces its commitment to ensuring that social investment policies effectively reach those in need.