Lawmakers at the House of Representatives
House of Representatives has demanded the immediate transfer of more than ₦30 billion recovered from investigations into alleged financial misconduct at the National Social Investment Programme Agency (NSIPA) into the Treasury Single Account (TSA).
The resolution followed a motion of urgent national importance raised on Tuesday by Rep. Saidu Abdullahi (APC–Bida/Gbako/Katcha), who warned that the continued withholding of the funds was undermining the Federal Government’s social protection efforts.
Abdullahi told lawmakers that the delay in releasing the recovered money was crippling President Bola Tinubu’s Renewed Hope Agenda, particularly programmes designed to ease poverty and support vulnerable households.
He said credible intelligence indicated that the recovered funds—estimated at over ₦30 billion—had yet to reach the NSIPA-designated TSA, leaving millions of Nigerians stranded without the assistance meant for them.
According to him, the situation “has weakened small-scale enterprises, exacerbated hardship in rural and urban communities, delayed local economic stimulation and eroded public trust in government’s social protection commitments.”
The lawmaker added that the uncertainty surrounding the “exact location and administrative handling” of the funds had created fiscal risks and clogged critical intervention programmes across the country.
NSIPA, which oversees flagship schemes like the Government Enterprise and Empowerment Programme (GEEP), has been under the spotlight since Jan. 8, 2024, when President Tinubu suspended its operations for six weeks to allow for a thorough probe into alleged financial abuses.
Deputy Speaker Benjamin Kalu, who chaired Tuesday’s session, referred the motion to the relevant House committees for further legislative action.
