Latest Update on N-Power Payments, October 25, 2023
Tuesday 24 October 2023
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Latest Update on N-Power Payments, October 25, 2023: Questions And Answer Regarding The Payment
In a recent announcement, the federal government has revealed its plans to initiate the disbursement of long-overdue payments to N-Power beneficiaries in November 2023. This important revelation follows a statement by Akindele Egbuwalo, the national program manager of N-Power, in which he disclosed the successful recovery of funds from current payment service providers.
This information was made public through an official statement released in Abuja on Monday, October 24, by Jamaluddeen Kabir, the national communication manager of the National Social Investment Programme Agency (NSIPA). CONTINUE READING.....
Egbuwalo clarified that the outstanding stipends would be distributed to beneficiaries in multiple stages to ensure an organized and efficient process. This announcement brings much-needed relief to N-Power beneficiaries who have been eagerly awaiting their payments.
Furthermore, Egbuwalo announced the rebranding of the N-Power program as the "Renewed Hope Job Creation Programme (RHJCP)." This renaming aligns with President Bola Ahmed Tinubu's new agenda, aiming to expand the program and reach 5 million beneficiaries over a 5-year period. This expansion encompasses both graduate and non-graduate streams, absorbing 1 million youths each year.
During a meeting with N-Power beneficiaries in Abuja, a representative from Yobe State acknowledged the initial concerns that had prompted the planning of a national protest. However, they expressed their satisfaction with the transparency of the information provided and the government's commitment to ensuring a more effective implementation of the program. CONTINUE READING.....
The beneficiaries expressed their happiness and confidence, believing that the federal government's renewed hope agenda will guarantee that no beneficiary is left behind.
This positive development underscores the government's dedication to its social investment programs and the well-being of N-Power beneficiaries. With the assurance of payments commencing in November, many individuals eagerly await the fulfillment of this promise.
Certainly! Here are five simple Frequently Asked Questions (FAQs):
1. What is N-Power?
- N-Power is a social intervention program initiated by the Nigerian government to address unemployment and enhance the skills of Nigerian youths for employability.
2. Why was the N-Power program temporarily suspended?
- The N-Power program was temporarily suspended to undergo restructuring and a forensic audit to ensure transparency and accountability in its operations.
3. When will the disbursement of the 9-month backlog payments begin?
- The disbursement of the 9-month backlog payments to N-Power beneficiaries is scheduled to commence in November 2023.
4. What is the new name for the N-Power program?
- The N-Power program has been renamed the "Renewed Hope Job Creation Programme (RHJCP)" as part of an expansion initiative.
5. How many beneficiaries will be targeted under the Renewed Hope Job Creation Programme?
- The RHJCP aims to target 5 million beneficiaries over a 5-year period, with a goal of absorbing 1 million youths each year under both graduate and non-graduate streams.
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