The House of Representatives has called on President Bola Tinubu to direct Wale Edun, the Minister of Finance, to unfreeze all accounts of the National Social Investment Programmes Agency (NSIPA) within 72 hours.
The resolution was passed during plenary on Tuesday, following the adoption of a motion sponsored by Benjamin Kalu, Deputy Speaker, along with 20 other lawmakers.
The programs under the Social Investment Programmes (SIP) include N-Power, Conditional Cash Transfer (CCT), the Government Enterprise and Empowerment Programme, and the Home-Grown School Feeding Initiative.
The parliament emphasized that unfreezing NSIPA’s accounts would ensure the “smooth” recommencement of all the programs.
Additionally, the House called on the President to ensure the release of funds to NSIPA for the payment of outstanding stipends owed to 395,731 N-Power beneficiaries across the country “without further delay.”
In 2023, former President Muhammadu Buhari enacted a law to establish the NSIP, an agency that has been embroiled in corruption since the beginning of the year.
On January 2, President Tinubu suspended Halima Shehu as the Chief Executive Officer (CEO) of NSIPA over alleged financial mismanagement.
On January 8, the President also suspended Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, the ministry overseeing NSIPA.
On January 12, the President suspended all programs administered by NSIPA as part of an investigation into alleged mismanagement.
On March 13, the House of Representatives urged the federal government to resume the implementation of the suspended social investment initiatives.
The Senate is currently considering a bill to place NSIPA under the supervision of the presidency. Tinubu has since appointed Badamasi Lawal to replace Shehu.
In presenting the motion, Kalu highlighted that, despite the significance of the social investment programs in poverty alleviation, youth empowerment, and economic inclusivity in Nigeria, the agency’s effectiveness has been hampered by administrative challenges, lack of funding, and frozen accounts.
“The smooth operations of the programmes and the fulfilment of the mandate of NSIPA are hindered due to the suspension/freezing of the accounts of the agency and other administrative bottlenecks, which has remained in force even more than 3 months after the President reconstituted the new management of NSIPA,” Kalu stated.
The Deputy Speaker noted that the frozen accounts contradict Tinubu’s mandate on poverty alleviation, undermining public confidence and causing “administrative paralysis in fighting poverty.”
“As a result of the suspension of accounts of NSIPA, the N-Power programme has been so negatively affected that 395,731 beneficiaries are owed outstanding stipends to the tune of N81,315,440,000 — a fund already captured under the 2023 and 2024 amended Appropriation Acts, which will lapse by the year ending 31st December, 2024,” Kalu added.
He emphasized that restoring NSIPA’s accounts aligns with the President’s vision and ensures that poverty alleviation efforts remain effective, efficient, and impactful, urging swift action to resolve the issue to maintain progress toward the administration’s poverty eradication goals.
The parliament also called for the reopening of all NSIPA warehouses nationwide.
The motion was unanimously adopted following a voice vote chaired by Tajudeen Abbas, the Speaker of the House.
The House agreed to transmit the resolution to the Senate for concurrence.