National

FG begins disbursement of N-power stipends

VOICE AIR MEDIA, News Update

THE Federal Government has commenced payment of arrears to N-Power beneficiaries.

Former President Muhammadu Buhari’s administration owed the beneficiaries several months’ pay.

However, Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, stated that the payment of arrears to beneficiaries, which began yesterday, will continue until the last person is paid.

Edu stated this today when she appeared on Channels Television’s Politics Today.

“Presently, a payment for N-Power is ongoing; we were in the office yesterday up until the early hours of this morning, just to ensure that young people get monies which they have been owed from the last government.

“So, N-Power beneficiaries across the nation, I am sure you can attest to the fact that you are seeing your money in your accounts and this process will continue until the last person who indeed has served is being paid.

“And of course, all of this is being restructured to ensure that we reduce unemployment and create jobs for Nigerians,” Edu said.

N-Power is a scheme launched by then-President Muhammadu Buhari on June 8, 2016, to combat youth unemployment and promote social development.

The initiative was momentarily halted after President Bola Tinubu took over from Buhari, but Edu revealed that the current administration wants to clear the baggage from prior years before resuming it.

“The Renewed Hope N-Power has not been relaunched yet. We are still trying to deal with the baggage from the previous years. So, these are persons who were owed monies for a few months.

“We used to have a consultant who used to manage the payments of these monies to the N-Power beneficiaries. However, the monies were being held up with the consultants for months without paying the beneficiaries.

“So, what government did was to recover the money back into the governments TSA CBN account and now started scrutiny of the beneficiaries which took us this while to do and that is why we appeal to the young people to be patient,” the minister said.

VAM News

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