
The House of Representatives has launched an investigation into the delayed release of over ₦30 billion recovered funds linked to the National Social Investment Programme Agency (NSIPA). The delay is affecting the resumption of key social intervention programmes, including N-Power, which millions of Nigerians rely on.
The decision came after the adoption of a motion of urgent public importance sponsored by Saidu Abdullahi, representing Bida/Gbako/Katcha Federal Constituency in Niger State.
NSIPA manages major Federal Government social programmes such as N-Power, TraderMoni, MarketMoni, FarmerMoni, GEEP, the Home-Grown School Feeding Programme, and Conditional Cash Transfers, all aimed at poverty reduction, financial inclusion, and economic empowerment.
President Bola Ahmed Tinubu had suspended NSIPA operations on January 8, 2024, to allow security and anti-graft agencies to investigate alleged financial mismanagement. During the probe, over ₦30 billion was traced, frozen, and recovered from banks and payment service providers.
However, the recovered funds have not yet been returned to NSIPA’s Treasury Single Account (TSA), preventing the restart of stalled programmes and leaving millions of intended beneficiaries, especially N-Power participants, without support.
Abdullahi warned that the delay undermines the administration’s Renewed Hope Agenda, slows poverty alleviation, worsens hardship, weakens small businesses, and affects local economic growth. He also raised concerns about accountability and fiscal risks related to the custodianship of the recovered funds.
Despite the lifting of NSIPA’s suspension earlier this year, the agency has reportedly been unable to resume full operations due to the non-release of recovered funds.
Following a voice vote presided over by Deputy Speaker Benjamin Kalu, the House unanimously approved the motion and resolved to set up an ad hoc committee. The committee will investigate the status of all recovered funds, identify reasons for the delay, engage relevant agencies, and demand a clear spending plan from NSIPA. The committee is expected to submit its report within four weeks.
Meanwhile, the Senate confirmed in July 2025 that the Federal Government is preparing to clear an ₦81 billion backlog of unpaid N-Power stipends for 2022 and 2023.
There is also an ongoing court case filed by former N-Power beneficiaries over unpaid stipends. The case, currently before the National Industrial Court in Abuja, has reportedly been adjourned to December 1, 2025, though official confirmation is still pending.
The National Association of N-Power Beneficiaries continues to appeal for immediate payment, describing the delay as a growing burden on young Nigerians who depend on the programme for survival.
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