House of Representatives has urged President Bola Tinubu to order the Minister of Finance and the Coordinating Minister of the Economy, Wale Edun to ensure that all frozen accounts of the National Social Investment Programmes Agency (NSIPA) are unfrozen within 72 hours.
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.
