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N-Power Payment Update - 29 October 2023

N-Power Payment Update - 29 October 2023

N-Power Payment Update - 29 October 2023


In a significant development, the federal government has announced its plans to address a longstanding issue by commencing the payment of a 9-month backlog to N-Power beneficiaries starting in November. This promising news was revealed by Akindele Egbuwalo, the national programme manager of N-Power, during a meeting with N-Power beneficiaries in Abuja. The details of this announcement were also documented in an official statement issued on October 29, by Jamaluddeen Kabir, the national communication manager of the National Social Investment Programme Agency (NSIPA).

The delayed payments, which had been a source of concern for N-Power beneficiaries, will now be disbursed in installments. According to Egbuwalo, the government successfully recovered funds from the existing payment service providers, allowing them to take this positive step forward. CONTINUE READING....

Furthermore, it was revealed during the meeting that the N-Power program has undergone a name change and is now known as the Renewed Hope Job Creation Programme (RHJCP). This rebranding aligns with the new agenda of President Bola Ahmed Tinubu and is set to be supervised by the Honourable Minister, Dr. Betta Edu. The program aims to expand its reach by targeting 5 million beneficiaries over the next 5 years, absorbing 1 million youths each year under the graduate and non-graduate streams.

The renaming and restructuring of the program are in response to a temporary suspension of the N-Power program for thorough restructuring and a forensic audit. These measures have now paved the way for the disbursement of the long-awaited stipends.

It's important to note that N-Power beneficiaries expressed their satisfaction and relief after receiving this clear and transparent update, ensuring that no national protests will be necessary. The beneficiaries expressed their confidence in the renewed hope agenda of the federal government and their commitment to patiently await their payments. CONTINUE READING.....

This announcement is a promising development that demonstrates the government's commitment to supporting youth employment and empowerment in Nigeria, ultimately providing renewed hope for N-Power beneficiaries across the nation.

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