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News

Reps Directs Tinubu To Unfreeze NSIPA Accounts Within 72 Hours

Reps Directs Tinubu To Unfreeze NSIPA Accounts Within 72 Hours
BySodiq Lawal
  • PublishedDecember 3, 2024

 

In a decisive move to address the operational challenges facing the National Social Investment Programmes Agency (NSIPA), the House of Representatives has called on President Bola Tinubu to mandate the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to ensure that all frozen accounts of the agency are unfrozen within 72 hours.

This resolution was reached during Tuesday’s plenary session following the adoption of a motion co-sponsored by the Deputy Speaker and 20 other lawmakers.

The House stressed the urgent need for the unfreezing of NSIPA accounts to enable the smooth recommencement of the agency’s programmes, which are critical to poverty alleviation, youth empowerment, and economic inclusivity in Nigeria.

The lawmakers also urged the Minister of Humanitarian Affairs and Disaster Management to immediately remove all administrative bottlenecks hindering the operations of NSIPA.

They expressed concern that the prolonged suspension of the agency’s activities has adversely impacted vulnerable Nigerians who rely on these interventions for survival.

READ ALSO: Presidency Replies Makinde Over N573bn Fund

According to the House, the challenges facing NSIPA stem from allegations of financial mismanagement by previous handlers of the programmes, which led to the freezing of its accounts and investigations by anti-corruption and security agencies.

However, the lawmakers argued that the continued halt in operations would worsen poverty and economic hardship for millions of Nigerians.

The House emphasised the importance of restoring the agency’s functionality to facilitate the delivery of social programmes designed to cushion the effects of economic instability on citizens.

While debating the motion, the lawmakers decried the lack of funding and administrative inefficiencies that have plagued NSIPA in recent years.

They further called on relevant authorities to ensure transparency and accountability in the management of the agency to prevent a recurrence of the issues that led to the current impasse.

Sodiq Lawal

Sodiq Lawal is a passionate and dedicated journalist with a knack for uncovering captivating stories in the bustling metropolis of Osun State and Nigeria at large. He has a versatile reporting style, covering a wide range of topics, from politics , campus, and social issues to arts and culture, seeking impact in all facets of the society.

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