By Atoyebi Nike
Lawmakers have launched an inquiry into the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme following mounting concerns that it has failed to deliver meaningful relief to struggling citizens despite its vast budget.
Speaking at the National Assembly, Committee Chairman Abubakar Kusada (APC, Katsina) said numerous complaints from the public triggered the investigation into the multi-billion-naira initiative, jointly funded by the Federal Government and the World Bank.
Designed to cushion the economic shocks of the COVID-19 pandemic, fuel subsidy removal, and exchange rate unification, NG-CARES is in the final year of its first four-year phase, which ends in December 2025. The scheme operates in all 36 states and the Federal Capital Territory, with interventions ranging from cash transfers and agricultural support to infrastructure upgrades and small business assistance.
With a total budget commitment of $696 million (₦1.06 trillion) and the last tranche already disbursed, Kusada expressed frustration that many of the poorest Nigerians have yet to experience significant improvements in their living standards.
He noted that despite states receiving billions of naira under NG-CARES, tangible impact on the ground is difficult to find. The committee will use its constitutional oversight powers to probe possible fund mismanagement, assess value for money, and review procurement processes for irregularities or inflation.
The investigation will also examine the work of independent verification agents, fairness in state allocations, and the capacity of state-level delivery platforms. Kusada warned that if funds have been diverted, those responsible will be prosecuted and resources recovered.
“Every kobo spent must translate into real, measurable improvements in people’s lives. If the programme is effective, results should be clear. If not, corrective action will be taken immediately,” Kusada said.
