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Latest NPower Stipends Payment News Today 2nd July, 2023

Latest NPower Stipends Payment News Today 2nd July, 2023

Latest NPower Stipends Payment News Today

The National Social Investment Management Systems (NASIMS) has disbursed Outstanding Stipends to some Batch C2 Npower beneficiaries. The payment is specifically for the backlog of unpaid stipends from 2022 for Npower Batch C beneficiaries. NASIMS has assured beneficiaries that once the new payment is approved, it will be initiated promptly without any delays. It is important to note that beneficiaries are owed stipend payments for five months in 2023.

NASIMS has also taken steps to engage and include additional Npower Batch C applicants in the Npower Batch C2 Program. Selected applicants have received text messages requesting confirmation of their status and validation of their Npower records through the Npower Account Validation Form.

To streamline the payment process, Npower Management introduced a new payment platform, migrating all Batch C2 beneficiaries to it. This migration ensures seamless crediting of beneficiaries’ bank accounts during subsequent payments.


Keep up with the most recent information about NASIMS and Npower stipend payments:

  • Approval for New Payment Pending: The Npower management, NASIMS, has provided an update stating that the approval for the new payment is still pending.
  • Timely Initiation of New Payment: NASIMS has assured beneficiaries that once the new payment is approved, it will be initiated promptly without any delays.
  • Enrollment of Preselected Applicants: Npower is currently in the process of enrolling more preselected applicants. These applicants are being invited to validate their accounts in order to be included as beneficiaries.
  • Payment Process for Validated Accounts: The payment process for Npower beneficiaries who have successfully validated their accounts through the provided validation link is already underway. Many beneficiaries have confirmed receiving their backlog payments today.
  • Rumors about Payment Suspension: There have been rumors in the media regarding the suspension of payments to vendors, contractors, consultants, and service providers by the Federal Government until further notice. However, it is important to note that salaries and pensions are not affected by this decision.

Conclusion

NASIMS is committed to clearing the backlog of unpaid stipends for Npower Batch C beneficiaries as soon as possible. Beneficiaries who have not yet received their stipends are encouraged to validate their accounts and stay updated on the latest news from NASIMS.

Source: 

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