Reps seek remittance of N30bn NSIPA recovered funds to TSA

The House of Representatives has called for the remittance of over N30 billion recovered from the presidential inquiry into the financial infractions on the National Social Investment Programme Agency (NSIPA) fund to the Treasury Single Account (TSA).

How we can end terrorism in Nigeria — VeryDarkMan

The resolution followed a motion of urgent national importance moved by Saidu Abdullahi (APC-Niger) during plenary in Abuja on Tuesday, December 2, 2025.

Abdullahi said the ongoing delay in the disbursement of the recovered funds had deepened poverty by disrupting President Bola Tinubu’s Renewed Hope Agenda on poverty alleviation.

Advertisement

He expressed worries that credible sources had indicated that the recovered funds, estimated at over N30 billion, had not been remitted to NSIPA-designated TSA.

This, the lawmaker said, had left millions of prospective beneficiaries without the social and economic support envisioned by the federal government.

The lawmaker said the delay 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.

Abdullahi said the continued uncertainty over the exact location and administrative handling of the recovered funds posed fiscal risks and created institutional bottlenecks across national social intervention initiatives.

NSIPA is the statutory institution responsible for implementing federal government’s flagship social protection programmes, including Government Enterprise and Empowerment Programme (GEEP).

Tinubu had, on January 8, 2024, in a decisive move to uphold accountability and transparency, suspended NSIPA’s operations for six weeks to allow a comprehensive investigation into alleged financial infractions.

The Deputy Speaker, Benjamin Kalu, who presided over the plenary, referred the motion to relevant committees for further legislative action.