In a significant development, President Bola Tinubu has taken decisive steps to address the prolonged delay in disbursing nine months' stipends to N-Power beneficiaries. This move follows intense pressure from Batch ‘C’ of the National Association of N-Power Beneficiaries, prompting President Tinubu to swiftly suspend the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu. The suspension comes amidst allegations of financial irregularities and approval of a substantial sum to a personal account.
The suspension marks a departure from the norm as President Tinubu, for the first time, removes a member from his 48-man cabinet. Simultaneously, there is relief for N-Power beneficiaries as the President orders the immediate payment of outstanding stipends, addressing the financial distress faced by many.
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Rasheed Olanrewaju Zubair, Special Adviser on Media and Publicity to the Minister, confirmed the release of funds following a meticulous verification exercise. Minister Betta Edu's commitment to Nigerian youths and the President's dedication to various policies and programs for their benefit were highlighted.
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However, the positive momentum took an unexpected turn as the EFCC is now set to investigate the financial transactions of the Ministry of Humanitarian Affairs and Poverty Alleviation. Edu's alleged involvement in approving a substantial sum for personal use has raised concerns about financial impropriety. The President has directed the EFCC Chairman, Ola Olukoyede, to conduct a thorough investigation, emphasizing the need for transparency.
President Tinubu's announcement of Edu's suspension and the EFCC probe underscores the government's commitment to accountability. The N-Power beneficiaries, on the other hand, can expect timely stipend payments as efforts are made to bring financial relief, especially during the Christmas and New Year festivities.
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In summary, the latest updates on N-Power payments, Betta Edu's suspension, and the ensuing EFCC probe are crucial aspects of the evolving situation as of January 9, 2024. The government's focus on addressing beneficiary concerns and ensuring transparency in financial transactions remains at the forefront.
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