In a recent development that will come as a relief to many former N-Power beneficiaries in Nigeria, the National Social Investment Management System (NASIMS) has issued a significant update regarding the disbursement of stipends. N-Power, a government initiative established by the All Progressives Congress (APC) administration in June 2016, aimed to address the critical issue of youth unemployment in the country.
NASIMS, the central management platform responsible for overseeing the coordination of all social investment programs under the APC administration, announced that the N-Power Batch C1 program has been successfully completed. This revelation marks a crucial milestone in the efforts to support Nigerian youth and mitigate unemployment.
The recent suspension of the N-Power scheme by the federal government in October was part of a broader strategy to initiate an investigation into the payment issues faced by some former beneficiaries. This move was undertaken to ensure that individuals with failed payment issues receive the stipends they are owed.
NASIMS further assured all eligible N-Power beneficiaries that they will receive their stipends once the ongoing investigation, conducted by the Ministry of Humanitarian Affairs and Poverty Alleviation, reaches its conclusion. This assurance comes in response to the distress expressed by N-Power Batch “C” beneficiaries who had gone without their stipends for eight months. The non-payment had imposed significant hardships on the thousands of unemployed graduates enrolled in the N-Power scheme.
It’s important to note that while this development has garnered praise from some quarters, there are also reservations expressed by others. The path forward includes resolving payment issues for those affected by failures in the system, allowing them to access the support they were promised through the N-Power program.
The completion of the investigation and the subsequent stipend disbursements will likely have a substantial impact on the lives of many young Nigerians who have been waiting for financial relief. As the situation unfolds, it is expected that eligible N-Power beneficiaries will receive their long-awaited stipends, easing their financial burdens and contributing to the broader mission of reducing youth unemployment in Nigeria.
N-Power Latest Update On Stipend Payments – FAQ (November 7, 2023)
Here, we address some frequently asked questions regarding the recent update on N-Power stipend payments, as of November 7, 2023:
Q1: What is the latest update on N-Power stipend payments as of November 7, 2023?
A1: As of November 7, 2023, the National Social Investment Management System (NASIMS) has announced that the N-Power Batch C1 program has been successfully completed. An investigation was initiated by the Ministry of Humanitarian Affairs and Poverty Alleviation in October, leading to the suspension of the N-Power scheme. This investigation was aimed at resolving payment issues faced by some beneficiaries. Once the investigation concludes, eligible N-Power beneficiaries will receive their stipends.
Q2: When was the N-Power program originally established, and what is its purpose?
A2: The N-Power program was established in June 2016 by the All Progressives Congress (APC) administration. Its primary purpose is to address the issue of youth unemployment in Nigeria by providing job opportunities and stipends to eligible participants.
Q3: Why was the N-Power scheme suspended in October 2023?
A3: The federal government suspended the N-Power scheme in October 2023 to initiate an investigation into payment issues faced by some beneficiaries. This suspension was part of a broader strategy to ensure that those with failed payment issues are settled.
Q4: How long had some N-Power beneficiaries been without their stipends before this update?
A4: Some N-Power Batch “C” beneficiaries had gone without their stipends for eight months prior to this update. This non-payment had caused significant hardships for thousands of unemployed graduates who were part of the N-Power program.
Q5: What assurance has NASIMS provided to N-Power beneficiaries regarding their stipends?
A5: NASIMS has assured all eligible N-Power beneficiaries that they will receive their stipends upon the conclusion of the ongoing investigation by the Ministry of Humanitarian Affairs and Poverty Alleviation.
Q6: How have the public and beneficiaries responded to this update?
A6: The response to this update has been mixed. While some individuals have praised Nigerian authorities for taking steps to address the payment issues, others have expressed reservations and concerns about the delayed stipend payments.
This FAQ provides a summary of the latest information on N-Power stipend payments as of November 7, 2023. It is essential to stay updated with official announcements and guidelines to understand the situation better and its impact on eligible beneficiaries.
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