December 2, 2025
The House of Representatives has demanded a remittance of over N30 billion recovered from the presidential inquiry into the financial infractions on National Social Investment Programme Agency, NSIPA, fund into the Treasury Single Account (TSA).
The resolution was reached at plenary on Tuesday in Abuja, following a motion of urgent national importance moved by Rep. Saidu Abdullahi (APC-Bida/Gbako/Katcha)
According to Abdullahi, the delay in the non disbursement of the recovered funds had deepened poverty and its disrupting President Bola Tinubu’s Renewed Hope Agenda.
He expressed worries that credible sources had indicated that the recovered funds, estimated at over ₦30 billion, had not been remitted to NSIPA-designated TSA.
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This, the lawmaker said, regarding poverty alleviation, the non disbursement had left millions of prospective beneficiaries without the social and economic support envisioned by the Federal Government.
He said, it has weakened small-scale enterprises, worsened the existing hardship in rural and urban communities, delayed local economic stimulation and eroded public trust in government’s social protection commitments.
The continued uncertainty over the exact location and administrative handling of the recovered funds, according to Abdullahi, had posed fiscal risks and created institutional bottlenecks across national social intervention initiatives.
National Social Investment Programme Agency, NSIPA, is the statutory institution responsible for implementing federal government’s flagship social protection programmes, including Government Enterprise and Empowerment Programme.
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President Tinubu, had, on Jan. 8, 2024, in a move to uphold accountability and transparency, suspended NSIPA’s operations for six weeks to allow a comprehensive investigation into alleged financial infractions.
The motion was referred to relevant committees for further legislative action, by the Deputy Speaker, Rep. Benjamin Kalu, who presided over the plenary.
