Latest Update on Npower Payments for October 22, 2023
Saturday 21 October 2023
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Latest Update on Npower Payments for October 22, 2023: Federal Government to Clear 9-Month Stipend Backlog for Beneficiaries
In a significant development, the Federal Government has declared its intention to initiate the disbursement of pending stipends to N-Power beneficiaries in November 2023, effectively clearing a 9-month backlog. This much-anticipated news was unveiled by Akindele Egbuwalo, the national program manager of N-Power. It offers a glimmer of hope for the numerous beneficiaries who have been eagerly anticipating their overdue payments.
A press release issued in Abuja on Monday, October 16, by Jamaluddeen Kabir, the national communication manager of the National Social Investment Programme Agency (NSIPA), has officially confirmed this development and shed light on the specifics of the payment process. Egbuwalo revealed that funds have been successfully recuperated from the existing payment service providers and that the disbursement will be executed in several installments for a seamless process. CONTINUE READING.......
Furthermore, the N-Power program has undergone a significant transformation and has been rebranded as the Renewed Hope Job Creation Programme (RHJCP). This transition aligns with the new vision of President Bola Ahmed Tinubu, signifying a fresh commitment to job creation and the empowerment of young individuals.
An essential facet of the program's evolution is its expansion, aiming to reach 5 million beneficiaries over the next five years. Under the capable stewardship of the Honourable Minister, Dr. Betta Edu, the program aspires to absorb one million young people annually through both graduate and non-graduate pathways.
This announcement has been greeted with a collective sigh of relief and backing from N-Power beneficiaries nationwide. Initially, there were plans for national protests due to a lack of information and delays in payments. However, subsequent to Akindele Egbuwalo's transparent and comprehensive explanation of the payment status, beneficiaries have expressed their comprehension and faith in the renewed program's goals. CONTINUE READING........
Given these developments, beneficiaries are encouraged to remain patient as they await their pending stipends. The rejuvenated program, operating under the banner of the Renewed Hope Job Creation Programme, is dedicated to ensuring that no beneficiary is left behind in the federal government's ambitious mission to empower and uplift the nation's youth.
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