FEC approves NSIP Establishment Bill 2022

The Federal Executive Council (FEC) has approved the National Social Investment Programme (NSIP) Establishment Bill, 2022.

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq, announced this while addressing the press after the weekly FEC meeting presided over by President Muhammadu Buhari

The minister said the NSIP Establishment Bill is an Executive Bill aimed at giving legal backing to the social investment programme, establish it as an institution in line with President Buhari’s agenda to lift 100 million Nigerians out of poverty by 2030.

She said the council also approved the National Flood Emergency Preparedness and Response Plan for Nigeria to ensure more resilient and effective response measures in tackling flooding across the country.

Source: FEC approves NSIP Establishment Bill 2022 – StocksWatch (stocksng.com)

Related Posts

15

Sep
Business & Economy

NGX ASI rebounds with 1.13% growth WtD, investors gain N985bn

The Nigerian stock market rebounded last week after four consecutive sessions of losses, posting a ₦985 billion gain on the back of price growth in 70 equities. The All-Share Index (ASI) advanced by 1.13%, closing at 140,545.69 points, compared to 138,980.01 points in the previous week. Similarly, market capitalization rose by 1.12% to settle at ₦88.922 trillion, […]