The House of Representatives has given President Bola Tinubu a directive, asking him to order Finance Minister Wale Edun to unfreeze all National Social Investment Programs Agency (NSIPA) accounts within 72 hours.
A proposal presented by the deputy speaker and 20 other parliamentarians was adopted on Tuesday, which led to the resolution.
Notwithstanding the fact that NSIPA’s programs are essential for reducing poverty, empowering young people, and promoting economic inclusion in Nigeria, lawmakers expressed their dissatisfaction, claiming that administrative red tape, a lack of funds, and frozen accounts have made it difficult for the agency to operate.
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A halt to NSIPA’s programs was ordered by the president after program overseers were accused of financial malfeasance.
Additionally, as a result of the suspension, the agency’s accounts were frozen.