Reps probe N1.06trn NG-CARES social intervention funds

The House of Representatives is investigating the N1.06 trillion NG-CARES social intervention funds, as revealed by Chairman of the committee, Hon. Abubakar Kusada. The investigation aims to address the lack of impact felt by Nigerians from the government's intervention programs, despite the release of a significant sum for social safety net palliatives.
Kusada emphasized the need to unravel the disconnect between the funds provided and their utilization, ensuring transparency and accountability. The committee will scrutinize the expenditure of the funds, including the procurement process, operational mechanisms, and impact on vulnerable groups.
Kusada expressed concern over reports of misappropriation and misuse of funds, urging for proper utilization to benefit ordinary Nigerians. The investigation seeks to hold accountable those responsible for any mismanagement and restore the funds for their intended purpose.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
Read full article
Continue on Daily Trust
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories

House Launches Investigation Into N1.06 Trillion NG-CARES Social Intervention Programme

Reps Demand Details of N2.4trn Contractor Payments

FG to Extend Cash Transfers to 2.2 Million Households, N419 Billion Already Disbursed

Katsina Anti-Graft Agency Probes ₦188.6m Fraud in Fertiliser and School Funds

Reps launch investigation into NG-CARES programme amid public outcry

Probe Demanded Over N254bn FAAC Spending in Rivers State
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.






