News
Reps Call on Tinubu to Unfreeze NSIPA Accounts and Settle Outstanding N-Power Payments
The House of Representatives has called on President Bola Tinubu to take immediate action by directing the unfreezing of the accounts belonging to the National Social Investment Programmes Agency (NSIPA) within 72 hours.
This decision was reached on Tuesday after a motion was presented by Deputy Speaker Ben Kalu and supported by 32 other lawmakers.
The suspension was a response to widespread allegations of corruption and mismanagement within the sector.
The lawmakers expressed concern that the continued freezing of NSIPA’s accounts is hindering critical programs aimed at reducing poverty and supporting vulnerable Nigerians.
The NSIPA is responsible for managing key social intervention schemes, including N-Power, which provides skills and employment opportunities for Nigerian youth; the Government Enterprise and Empowerment Programme (GEEP), which offers microloans to small business owners and artisans; the Conditional Cash Transfers (CCT), designed to provide direct financial support to poor households; and the National Home-Grown School Feeding Programme (NHGSFP), which delivers meals to schoolchildren across the country to improve enrollment and nutrition.
During the plenary session, Ben Kalu emphasized the importance of restoring NSIPA’s financial operations, stating that doing so aligns with President Tinubu’s broader vision of eradicating poverty in Nigeria.
He stressed that unlocking the agency’s accounts would ensure that these social programs remain efficient, effective, and impactful, particularly during a time when millions of Nigerians are grappling with economic hardships.
The House urged the federal government to promptly release funds to NSIPA to enable the payment of outstanding stipends owed to 395,731 N-Power beneficiaries across the country.
The delayed stipends have caused significant hardship for many young Nigerians who depend on the program to sustain themselves and their families.
In addition to addressing the financial constraints of NSIPA, lawmakers called for a comprehensive review of the agency’s operations to prevent future mismanagement and ensure transparency in the use of public funds.
They noted that resolving these issues swiftly is crucial for maintaining momentum in the administration’s poverty alleviation goals and rebuilding public trust in government-led social intervention programs.
News
Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
News
Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
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