NSIP: Reps Summon Ahmed, Adeosun Over N1.7trn Spending
The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed and former Minister of Finance, Kemi Adeosun, to appear before it over the disbursement of funds belonging to the National Social Investment Programmes (NSIP).
Ahmed and Adeosun are to appear before the Busayo Oluwole Oke-led- House of Representatives’ Investigative Hearing on NSIP.
The serving and former ministers are required to explain the spending of the sum of N1.7 trillion on NSIP from 2016 to last September 2019.
The House Committee had on Thursday expressed dissatisfaction to the explanation provided by the Minister of State for Finance, Budget and National Planning, Clem Agba.
Agba had on Thursday told members of the Committee that only N619.142 billion was released out of the N1.7 trillion appropriated to NSIP during the period under review.
He disclosed that the sum of N560.914 billion was spent on the NSIPs.
He added, “This left a balance of N58.227 billion, which was handed over to the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.
Agba provided details of the NSIP spending to include: release of N32.088 billion for Government Enterprise and Empowerment Programme (GEEP), N20.588 billion for Conditional Cash Transfer (CCT); N149.965 billion for Home Grown School Feeding; N355.846 billion Job Creation Unit, and N2.428 billion for Social Investment Programme (General) for the four-year period under review.
While summoning the current minister of finance, budget and national planning and her predecessor, Oke said the misleading information allegedly found on the NSIP Bank Account domiciled with the Central Bank of Nigeria (CBN) by the Special Assistant to the President on Home School Feeding Programme, Dotun Adebayo, and other desk officers was unacceptable.