N-Power Payment Update For Today, 26 October 2023
Wednesday 25 October 2023
Comment
N-Power Payment Update For Today, 26 October 2023
In an encouraging development, the Nigerian federal government has revealed its plans to initiate the disbursement of a 9-month backlog of payments to N-Power beneficiaries commencing in November. The announcement was made by Akindele Egbuwalo, the National Programme Manager of N-Power, during a recent meeting with beneficiaries in Abuja. This much-anticipated news was conveyed through an official statement released by the National Social Investment Programme Agency (NSIPA) on Thursday, October 26, 2023.
Egbuwalo disclosed that funds have been successfully retrieved from the current payment service providers, which had previously caused delays. These overdue payments will be distributed in several installments to ensure that beneficiaries promptly receive their stipends.
In addition to the payment backlog update, Egbuwalo also shared an important rebranding initiative. The N-Power program is now known as the Renewed Hope Job Creation Programme (RHJCP). This transformation aligns with the new agenda set by President Bola Ahmed Tinubu. Dr. Betta Edu, the Honourable Minister, will oversee the RHJCP, which seeks to expand its reach to benefit 5 million individuals over five years, with one million young people being absorbed into the program annually, encompassing both graduates and non-graduates. CONTINUE READING.........
This transformation follows a brief suspension of the program to undergo comprehensive restructuring and a forensic audit. The successful retrieval of funds from existing service providers underscores the government's commitment to improving the implementation of the RHJCP, with a focus on inclusive development and ensuring that no beneficiary is left behind.
During the meeting in Abuja, a representative of N-Power beneficiaries from Yobe State expressed gratitude for the transparent communication provided by the government. The previous lack of clarity had led to discussions about a potential national protest. However, the beneficiaries now have a better understanding of the situation and appreciate the government's assurances. CONTINUE READING.......
For further insights and clarification, please explore the FAQ section below:
Frequently Asked Questions (FAQ)
1. What is the N-Power Payment Update for October 26, 2023, all about?
The N-Power Payment Update for October 26, 2023, announces the commencement of payments to N-Power beneficiaries to clear a 9-month backlog, scheduled to start in November. This update also includes information on the rebranding of the N-Power program to the Renewed Hope Job Creation Programme (RHJCP).
2. Why was the N-Power program renamed to RHJCP?
The N-Power program was renamed the Renewed Hope Job Creation Programme (RHJCP) in line with the new agenda set by President Bola Ahmed Tinubu. This transformation signifies a renewed focus on empowering and creating opportunities for Nigerian youth.
3. Why was there a delay in payments to N-Power beneficiaries, and how has it been resolved?
Delays in payments were caused by issues with existing payment service providers. However, the government successfully recovered funds from these providers, and payments will now be made in installments to ensure beneficiaries receive their stipends.
4. How does the RHJCP plan to benefit Nigerian youth in the coming years?
The RHJCP aims to expand its reach to benefit 5 million individuals over five years, with one million young people being absorbed into the program annually. This initiative includes both graduates and non-graduates.
5. What prompted the temporary suspension of the N-Power program?
The N-Power program was temporarily suspended to undergo thorough restructuring and a forensic audit, ensuring better implementation and delivery of benefits to the beneficiaries.
6. How are N-Power beneficiaries reacting to these developments?
Beneficiaries are appreciative of the transparent communication from the government and have expressed their understanding and support. Previous discussions of a national protest have been set aside as beneficiaries eagerly await the pending payments.
7. How can beneficiaries stay informed about further updates regarding the RHJCP and payments?
Beneficiaries are encouraged to stay updated through official government channels and announcements, such as those from the National Social Investment Programme Agency (NSIPA) and relevant government ministries.
Join Our Whatsapp Group
https://www.bzglobalservice.com.ng/p/join-our-groups-whtasapp-now-to-get-any.html
Our WhatsApp Channel
https://whatsapp.com/channel/0029Va4hi718vd1Mifphp11s
Our Facebook Page
Our Android App
0 Response to "N-Power Payment Update For Today, 26 October 2023"
Post a Comment
Tell us what you think about this article?