News
House of Reps gives Tinubu 72 hours to unfreeze accounts of social investment programmes
The House of Representatives has issued a directive to President Bola Tinubu, urging him to mandate the Minister of Finance, Wale Edun, to unfreeze all accounts belonging to the National Social Investment Programmes Agency (NSIPA) within a 72-hour timeframe.
This resolution was passed during a plenary session on Tuesday, December 3, 2204.
The lower chamber argued that unfreezing the accounts would enable the smooth recommencement of all the programmes of NSIPA.
The house is also urging the Minister of Humanitarian Affairs and Disaster Management to ensure that all the administrative bottlenecks hindering the smooth operations of all programmes of NSIPA are immediately removed.
The resolutions were reached following the adoption of a motion sponsored by the deputy speaker and 20 other lawmakers.
Lawmakers are disturbed that despite the programmes of NSIPA being vital for poverty alleviation, youth empowerment, and economic inclusivity in Nigeria, the agency’s functionality has been hindered due to administrative bottlenecks, insufficient funding, and frozen accounts.
The programmes of NSIPA were truncated by alleged financial mismanagement by handlers of the programmes, leading to the suspension of programmes and freezing of the agency’s account and subsequent investigation by anti-corruption and security agencies.
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