Breaking: Reps Direct President Tinubu to Lift Freeze on NSIPA Accounts

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President Bola Tinubu has received a directive from the House of Representatives asking him to order Finance Minister Wale Edun to unfreeze all National Social Investment Programs Agency (NSIPA) accounts within 72 hours.

On Tuesday, a motion presented by the deputy speaker and 20 other parliamentarians was adopted, leading to the resolution.

Lawmakers expressed their dissatisfaction, claiming that administrative delays, inadequate financing, and blocked accounts have impeded the agency’s ability to operate, even though NSIPA’s programs are essential for reducing poverty, empowering young, and promoting economic inclusion in Nigeria.

Read Also: Kukah supports Tinubu’s Tax Reform Bills, explains his reasons

After NSIPA program overseers were accused of financial mismanagement, the president ordered the programs to stop.

The agency’s accounts were frozen as a result of the suspension.

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