By Onyeanya Ebere Immaculata
The House of Representatives has resolved to investigate the status of over ₦30 billion recovered from the National Social Investment Programme Agency (NSIPA), between 2024 and 2025, amid concerns that delays are stalling key social interventions.
The decision followed the adoption of a motion by Hon. Saidu Abdullahi (Bida/Gbako/Katcha, Niger State), which noted that the recovered funds, traced and frozen from banks and payment providers, have reportedly not been remitted into NSIPA’s Treasury Single Account. Millions of intended beneficiaries remain without support.
NSIPA runs core federal social programmes such as TraderMoni, MarketMoni, FarmerMoni, the Home-Grown School Feeding Programme, and grants for vulnerable groups.
Its operations were suspended in January 2024 for investigations into financial irregularities and, despite the suspension being lifted in January 2025, the agency has yet to fully resume due to the unreleased funds.
Abdullahi warned that delays undermine poverty alleviation, economic recovery, and public trust.
The House approved the setup of an ad hoc committee to probe the recovered funds, clarify custodianship, identify delays, and obtain NSIPA’s plan for fund utilisation, reporting back within four weeks.
NSIPA came under scrutiny in 2024 after EFCC and other agencies found irregular payment channels, fund diversion, and retention of social intervention funds in commercial banks instead of the Treasury Single Account.
Several officials were suspended, and significant sums were recovered.
