Nasims Latest Payment News Today, 2 January 2024

In the unfolding developments for Npower beneficiaries, the year 2023 concluded with a partial resolution as some received one month's worth of the long-overdue stipends. However, concerns arise as beneficiaries emphasize the need for a comprehensive one-time payment, deeming the current installment approach unsustainable amidst economic hardships.

As the program navigated a challenging 2023 marked by paused activities, a promising outlook awaits in 2024:

1. The restructured Npower program, RHJCP, is set to launch this year.

  

2. Npower management, under NSIPA, aims to engage 1 million beneficiaries in 2024 and an ambitious 5 million over the next 5 years, ushering in a renewed sense of hope. [Details here](link)

3. Prospective Npower recruits in 2024 may anticipate a stipend payment of N50,000, signaling a positive shift.

In a noteworthy development, President Tinubu has sanctioned the suspension of NSIPA CEO Hajiya Halima Shehu, appointing Dr. Akindele as the new head of the Npower program.

As the year unfolds, Npower beneficiaries remain hopeful for positive changes, emphasizing the importance of streamlined and comprehensive payments to bolster the financial empowerment of Nigerian youths.