Politics

BREAKING: House of Reps Orders President Tinubu to Unfreeze NSIPA’s Accounts

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.

The resolution was reached following the adoption of a motion sponsored by the deputy speaker and 20 other lawmakers on Tuesday.

Lawmakers voiced their displeasure, arguing 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 president had ordered a halt of the programmes of NSIPA following allegations of financial mismanagement by overseers of the programmes.

The suspension also led to the freezing of the agency’s accounts.

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