Reps Gives President Tinubu 72 Hours To Unfreeze NSIPA Accounts
The House of Representatives has given President Bola Tinubu an ultimatum of 72 hours to unfreeze the accounts of the National Social Investment Programmes Agency (NSIPA). This move comes after the president suspended the agency's programs due to alleged financial malfeasance.
The NSIPA is responsible for implementing various social investment programs, including N-Power, Conditional Cash Transfer (CCT), Government Enterprise and Empowerment Programme (GEEP), and the National Home-Grown School Feeding Programme (NHGSFP). The suspension of these programs has left many beneficiaries in limbo, with some owed outstanding stipends.
The House of Representatives' decision to give President Tinubu an ultimatum is seen as a move to pressure the executive to take action. The lawmakers argue that the suspension of the NSIPA's programs is having a negative impact on the beneficiaries, particularly the poor and vulnerable.
The NSIPA's programs are designed to alleviate poverty and promote economic empowerment. The suspension of these programs has left many beneficiaries without a source of income, exacerbating the already high levels of poverty in the country.
The House of Representatives' ultimatum is seen as a move to ensure that the president takes immediate action to address the situation. The lawmakers are demanding that the president unfreeze the NSIPA's accounts and release funds for the payment of outstanding stipends to beneficiaries.
The president's response to the ultimatum will be closely watched. If he fails to comply, it could lead to a constitutional crisis and further exacerbate the already tense relationship between the executive and legislative arms of government.
On the other hand, if the president complies with the ultimatum, it could be seen as a victory for the lawmakers and a step towards addressing the plight of the beneficiaries.
Ultimately, the outcome of this standoff will have significant implications for the country's social investment programs and the millions of Nigerians who depend on them.
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