N44.8bn fraud: NSIPA knocks Nigerian media outlets over fake news against Betta Edu

….Says Minister Has No Involvement In Any Financial Transactions

NSIPA and management have vehemently distances itself from any claims connecting the Honourable Minister to financial impropriety or any wrongdoing within the agency.

N44.8bn fraud: NSIPA knocks Nigerian media outlets over fake news against Betta Edu, says Minister has no involvement in any financial transactions The Communications office of the National Social Investment Programme Agency (NSIPA) issues this statement in response to recent online media reports inaccurately linking the Honourable Minister for Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, to the ongoing investigations involving the alleged removal of funds by Hajiya Halima Shehu, the sacked National Coordinator and CEO of NSIPA. NSIPA vehemently distances itself from any claims connecting the Honourable Minister to financial impropriety or any wrongdoing within the agency.

In a press statement signed by the National Communications Manager, Hon. Jamaludeen Kabir issued on 5th January, 2024, said that the Honourable Minister has had no involvement in any financial transactions or decisions within NSIPA currently under scrutiny. Plot to blackmail Betta Edu for exposing N44.8bn fraud in NSIPA uncovered Importantly, NSIPA emphasizes the distinction between the suspended National Coordinator/CEO and the agency itself, highlighting that the actions of the former do not reflect the agency’s practices or principles. NSIPA is actively cooperating and working under the guidance of the acting National Coordinator and CEO, Dr. Akindele Egbuwalo, demonstrating full support and collaboration within the agency.

The integrity and commitment of NSIPA to serving vulnerable communities in Nigeria remain steadfast. The agency operates with strict adherence to due process and prudent financial management in line with the regulations outlined in our establishment act and directives of the Federal Executive Council.

It is paramount to ensure the dissemination of accurate information and avoid spreading baseless allegations that could unfairly tarnish the reputation of individuals or institutions. NSIPA urges the public and media outlets to verify facts before making assertions and refrain from associating the Honourable Minister with the ongoing investigations, as she holds no responsibility for the current circumstances at NSIPA. The agency remains steadfast in its dedication to implementing impactful and transparent social intervention programs aimed at uplifting vulnerable Nigerians and furthering the nation’s socio-economic development, aligning with President Bola Ahmed Tinubu’s renewed hope agenda.

NSIPA reiterates its commitment to accountability, transparency, and efficient service delivery, upholding its mandate to alleviate poverty and empower communities across Nigeria.