Reps probe N1.06trn NG-CARES social intervention funds
The House of Representatives Committee on NG-CARES has launched an investigation into the implementation of the federal government’s $696 million (N1.06trillion) intervention programme under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES). Chairman of the committee, Hon. Abubakar Kusada, who revealed this at a briefing in Abuja on Wednesday said the investigation became […]
house of reps
The House of Representatives Committee on NG-CARES has launched an investigation into the implementation of the federal government’s $696 million (N1.06trillion) intervention programme under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES).
Chairman of the committee, Hon. Abubakar Kusada, who revealed this at a briefing in Abuja on Wednesday said the investigation became necessary as Nigerians were yet to feel the impacts of the government intervention programme.
He said “A total of $696 million or N1.06 trillion has been released as social intervention, safety nets and palliatives, to Nigerians in the 36 states and the FCT, through the various delivery platforms.
“It is therefore most surprising that the effect of these palliatives is not being felt by the target vulnerable groups in Nigeria after the government has committed so much resources to this purpose through the states.
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“There is still a loud cry of government neglect of the plight of Nigerians enduring the brunt of economic reforms. As at now the backlash on this matter is such that the people have reserved a day of reckoning for the government at the coming elections.
“The House Committee on NG-CARES in exercise of its powers under Section 88 and 89 of the Constitution has resolved to commence immediate and full investigation of the NG-CARES programme so as to unravel the disconnect and ascertain the propriety of expenditure of the huge sums provided by government for the administration of social welfare,” he said.
According to the chairman, the investigation seeks to provide answers to questions about the disconnect between cause and effect of the programme; the whereabouts of the funds; and whether the funds were misappropriated or diverted to serve other purposes in the states.
“Did the utilisation of the funds create enough value for money (VFM)? In other words, was there an undue inflation of contracts? Can the integrity and fairness of the procurement process stand scrutiny? In other words, did the contract procurement follow due process?
“Why did the operational mechanism fail in a number of states? How can the operational mechanisms and delivery platforms DPs be strengthened across the states? Should training workshops be organised for NG-CARES operatives at the states to strengthen the operational mechanisms and effectiveness of the delivery platforms?”, he added.
Kusada lamented that while there were claims that several billions of naira had been disbursed to states under social transfer, there were concerns over the impacts of the intervention.
He said, “These beneficiaries are Nigerians that can be reached. If fake names have been used to claim social transfer, we will say so.
“States have collected ₦billions for Agric Inputs and services for Labour Intensive Agric Infrastructure for procurement of Agric Assets and for development and upgrading of wet markets and storage facilities.
“If we verify these claims we will also disclose the impact they have had on food supply, food prices and the plight of ordinary Nigerians. If we are unable to verify the claims, we will name and shame the affected states, and insist that the right thing be done.
“Similarly, we will verify the grants and other support purportedly given to MSEs for recovery and economic stimulus. Billions of Naira have been collected by states for these interventions to small businesses which should have facilitated their resilience and survival, contributing substantially to economic well being and prosperity of ordinary Nigerians.
“If the funds have been properly applied to provide social safety nets for vulnerable Nigerians then Nigerians in search of safety net and Palliatives can be told where to look to find them.
“If the funds have been diverted the affected states should restore the funds and utilise them properly. If there has been a gross mismanagement of funds the people will know that the funds for Palliatives have been misused, and who to hold responsible.
“If the procurement process has been abused then the BPP and anti graft agencies have their work cut out for them.”