House of Reps Investigates NG-CARES Program

The Nigerian House of Representatives has launched a major investigation into the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) program. The move comes amid growing public concern that the multi-billion-naira initiative, intended to help vulnerable Nigerians, has failed to deliver on its promises.

Chairman of the committee, Abubakar Kusada, announced the investigation, stating that it was prompted by numerous complaints from citizens. The NG-CARES program, a joint effort between the Federal Government and the World Bank, was designed to mitigate the harsh economic impacts of the pandemic, fuel subsidy removal, and the unification of exchange rates. With a total budget of $696 million (₦1.06 trillion) and its final phase underway, Kusada expressed dissatisfaction that tangible benefits have not reached the most vulnerable.

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The NG-CARES program is built on three main pillars: social safety nets, food security, and support for micro, small, and medium enterprises. It includes initiatives like cash transfers, public works, and support for small businesses. However, Kusada noted that despite states receiving billions of naira, evidence of a positive impact on the ground is scarce.

The committee will use its constitutional powers to scrutinize all aspects of the program. This includes investigating potential mismanagement of funds, assessing whether the program provides “value for money,” and reviewing procurement processes for irregularities. They will also look into the performance of independent verification agents and the fairness of fund allocation to states.

Kusada’s message was clear: “If funds have been utilised as intended, Nigerians must be informed of how and where to access the benefits. If misappropriated, those responsible will be held to account and the money recovered.” He emphasized that the committee’s goal is to ensure that every naira spent translates into a real and measurable improvement in people’s lives. The investigation will also determine if the program is successful and, if not, what immediate corrective actions must be taken.