The former Minister of Finance, Mrs. Kemi Adeosun and the incumbent Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed are expected to appear in person before the House of Representatives to give account of their stewardship on the whooping sum of N1.7 trillion appropriated for the implementation of National Social Investment Programmes (NSIP) from 2016 to September 2019.

Chairman, House Committee on Public Accounts, Hon. Wole Oke who issued the summon during the investigative hearing into the audit queries on the financial activities of the NSIPs, frowned at the misleading information made 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, Mr. Dotun Adebayo and other Desk Officers.

However in his presentation, the Minister of State for Finance, Budget and National Planning, Prince Clem Agba, disclosed that out of the N1.7 trillion appropriated for the four year period, the sum of N619.142 billion was released, the sum of N560.914 billion was utilized leaving the balance of N58.227 billion which was handed over to Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.

Breakdown of the funds processed and released by Federal Ministry of Finance, Budget and National Planning seen by Nigerian Tribune showed that, N32.088 billion was released for Government Enterprise and Empowerment Programme (GEEP), N20.588 billion was released for Conditional Cash Transfer (CCT); N149.965 billion was released for Home Grown School Feeding; N355.846 billion released for Job Creation Unit while N2.428 billion was released for Social Investment Programme (General) for the four year period under review.

According to the Minister, “Prior to the handing over to the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development, requests for payments for all types of expenditures in respect of any of the programmes of NSIP emanated from the National Social Investment Office (NSIO) situated under the office of the Vice President.

Legislative vibes.

6th August 2020.

Categories: Uncategorized


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