Categories: Local News

N-Power Beneficiaries: Nigeria Govt Set To Pay 9-Month Debt

VAM News Update

THE federal government has announced that it would commence payment of the 9-month backlog to N-Power beneficiaries in November.

This was as it noted that the N-Power programme has been renamed Renewed Hope Job Creation Programme (RHJCP).

The national programme manager of N-Power, Akindele Egbuwalo, disclosed this in a statement today in Abuja.

Egbuwalo, while stating that funds have been recovered from the existing payment service providers, noted that the payment would be done in instalments.

The statement was issued by the national communication manager of the National Social Investment Programme Agency (NSIPA), Jamaluddeen Kabir.

The statement read:
“As a result of the temporary suspension of the programme for thorough restructuring and forensic audit, funds have been recovered from the existing payment service providers and plans have been put in place by the programme to commence disbursement of the 9 months outstanding stipends to beneficiaries from November 2023. Payments will be carried out in instalments.”

 

On the renaming of the programme, Egbuwalo stated: “In line with the new agenda of President Bola Ahmed Tinubu, the N-Power programme will be Renewed Hope Job Creation Programme (RHJCP) under the supervision of the Honourable Minister, Dr Betta Edu, which will be expanded to target 5 million beneficiaries in 5 years where 1 million youths will be absorbed each year under the graduate and non-graduate stream.”

VAM News

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