Latest News On N-Power Backlog Payment For Today Sunday May 7, 2023

Mubashir Shehu

2 years ago

The Federal Government (FG) has recently provided a significant update regarding the backlog payment of beneficiaries enrolled in the N-Power scheme. The N-Power program, under the administration and coordination of the National Social Investment Management System (NASIMS), is a social investment initiative aimed at empowering Nigerian youths through skill acquisition and job opportunities. However, some beneficiaries of the N-Power batch C had expressed concerns over unpaid backlogs, citing delays in receiving their monthly stipends of N30,000. In response to these grievances, NASIMS released a statement assuring beneficiaries that their backlog payments are gradually being processed.

Contents

1 Gradual Settlement of Backlog Payments
2 NASIMS: Facilitating Social Investment Programs
3 Beneficiaries’ Plight and Complaints
4 Government’s Commitment to Resolving the Issue
5 Conclusion

Gradual Settlement of Backlog Payments

NASIMS, the central management platform responsible for the administration of social investment programs, acknowledged the concerns raised by N-Power beneficiaries and provided an update on the backlog payment situation. In a post shared on Friday, April 14, NASIMS confirmed that validated accounts were receiving payments in a gradual manner. The statement assured beneficiaries that efforts were underway to ensure a seamless transaction process. This development comes as a relief to many beneficiaries who have been eagerly awaiting their overdue stipends.

The National Social Investment Management System (NASIMS) plays a pivotal role in coordinating various Social Investment Programs (SIPs) implemented by the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development. These programs aim to alleviate poverty, empower vulnerable groups, and enhance human capital development across Nigeria. The N-Power scheme, a key component of the SIPs, provides unemployed Nigerian youths with skill development and job opportunities, ultimately equipping them for self-reliance and productive engagement in the country’s workforce.

Beneficiaries’ Plight and Complaints

A number of N-Power batch C beneficiaries had raised concerns and expressed frustration over the delay in receiving their monthly stipends, citing unpaid backlogs. These stipends, amounting to N30,000 per month, play a vital role in supporting beneficiaries’ livelihoods and enabling them to focus on their skill acquisition and training programs. The prolonged delay in payment had caused financial hardships for some beneficiaries, making it challenging for them to sustain themselves and meet their basic needs. The beneficiaries’ complaints had drawn attention to the urgency of addressing the backlog payment situation.

Government’s Commitment to Resolving the Issue

The Federal Government, through NASIMS, has demonstrated its commitment to resolving the backlog payment issue faced by N-Power beneficiaries. The acknowledgment of the concerns and subsequent release of an update on the payment process indicate a proactive approach to addressing the grievances. By assuring beneficiaries that their backlog payments are gradually being made, the government aims to alleviate their financial burdens and ensure the smooth implementation of the N-Power program.

Conclusion

The update provided by the Federal Government on the backlog payment of N-Power beneficiaries brings hope and relief to the concerned individuals who have been eagerly awaiting their stipends. NASIMS’ confirmation that validated accounts are receiving payments in a gradual manner underscores the government’s commitment to resolving the issue and ensuring a seamless transaction process. The N-Power scheme continues to play a crucial role in empowering Nigerian youths by providing them with skill development opportunities and preparing them for gainful employment. The timely resolution of the backlog payment issue will further strengthen the impact of this valuable program, contributing to the overall socio-economic development of the country.

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