Npower Payment News for Today, October 24, 2023
Monday, 23 October 2023
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Npower Payment News for Today, October 24, 2023
In a recent announcement, the Federal Government has revealed its commitment to commence the payment of a 9-month backlog to N-Power beneficiaries in November 2023. This encouraging development was disclosed by Akindele Egbuwalo, the national program manager of N-Power, during a meeting with beneficiaries in Abuja.
Egbuwalo explained that funds have been successfully recovered from existing payment service providers, and the payment process will be executed in installments to ensure a smooth disbursement to beneficiaries. This move comes after a temporary suspension of the program for thorough restructuring and a forensic audit.
Furthermore, the National Social Investment Programme Agency (NSIPA) issued a statement in Abuja, confirming this initiative. Jamaluddeen Kabir, the national communication manager of NSIPA, emphasized the government's commitment to resolving the backlog issue. CONTINUE READING.....
The announcement also brought a significant change as the N-Power program has been renamed the "Renewed Hope Job Creation Programme" (RHJCP). This renaming aligns with the new agenda of President Bola Ahmed Tinubu and reflects the government's efforts to expand and improve the program. Under the supervision of the Honourable Minister, Dr. Betta Edu, RHJCP aims to target 5 million beneficiaries over the next 5 years. This initiative plans to absorb 1 million youths each year, incorporating both graduate and non-graduate streams.
The news of the impending backlog payment and the program's expansion was met with relief and positivity by the N-Power beneficiaries, many of whom had expressed frustration due to the lack of information. During the meeting, a beneficiary from Yobe State spoke on behalf of others, emphasizing their understanding of the situation and appreciation for the transparent communication. CONTINUE READING....
In light of these developments, N-Power beneficiaries are encouraged to remain patient as they await their payments. The government's renewed commitment to the program's success and inclusivity in the "Renewed Hope Agenda" reflects a positive step forward, assuring that no beneficiary will be left behind. The announcement signals renewed hope and progress for N-Power beneficiaries as they continue to contribute to the nation's growth and development.
N-Power Payment News For Today - FAQ
1. What is the N-Power program, and why was it temporarily suspended?
- The N-Power program is a government initiative aimed at empowering Nigerian youths. It was temporarily suspended for a thorough restructuring and a forensic audit to enhance its effectiveness.
2. When will the payment of the 9-month backlog to N-Power beneficiaries begin?
- The payment of the 9-month backlog is set to commence in November 2023, with funds recovered from existing payment service providers.
3. What is the new name for the N-Power program, and why was it renamed?
- The N-Power program has been renamed the "Renewed Hope Job Creation Programme" (RHJCP). This change aligns with the government's new agenda and aims to expand and improve the program.
4. How many beneficiaries is the RHJCP program targeting over the next 5 years?
- The RHJCP program intends to target 5 million beneficiaries over the next 5 years, with the goal of absorbing 1 million youths each year.
5. How have N-Power beneficiaries responded to the recent announcement?
- N-Power beneficiaries have expressed their understanding and joy over the government's commitment to resolving the backlog issue and ensuring a better implementation of the program. They have decided not to proceed with a planned protest due to the transparent communication provided.
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