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N-Power Payment Arrears Update 24th December 2023

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N-Power Payment Arrears Update 24th December 2023

In a significant development addressing the concerns of N-Power beneficiaries, the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, has announced the resumption of payments for arrears owed to participants in the N-Power program. This move marks a crucial step in addressing the challenges faced by the beneficiaries and underscores the government’s commitment to youth empowerment and social development.

Background:
Initiated in 2016 by former President Muhammadu Buhari, the N-Power program was designed to tackle youth unemployment while fostering social development. However, issues related to unpaid salaries emerged, with beneficiaries owed several months’ stipends, a situation exacerbated by the transition from the Buhari to the Tinubu administration.

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Payment Resumption and Minister’s Clarification:
Minister Betta Edu clarified the government’s stance during an appearance on Channels Television’s Politics Today. She announced that the payment of arrears began recently, ensuring that beneficiaries are receiving the funds they were owed from the previous administration. Edu emphasized the government’s dedication to resolving lapses in the N-Power scheme before fully resuming its operations.

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In-Depth Examination:

*1. *Lingering Arrears and Transition Challenges:*
Despite the initial commitment of the Buhari administration to the N-Power program, the issue of unpaid salaries persisted, creating a financial burden for beneficiaries. The transition to the Tinubu administration brought a temporary pause to the payments, adding uncertainty to the financial well-being of thousands of participants.

*2. *Minister’s Assurance on Resolution:*
Minister Edu’s assurance that the government is actively working to address the lapses in the N-Power scheme before full resumption provides a glimmer of hope for beneficiaries. The commitment to resolving issues before restarting the program underscores the government’s dedication to ensuring the program’s effectiveness.

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*3. *Ongoing Payments and Timeline:*
The announcement of the commencement of payments is a positive development for N-Power beneficiaries nationwide. The Minister highlighted that the payment process would continue until every individual who served in the program receives their owed stipends. Additionally, a timeline has been set, with the Minister specifying that the payment of 9 months’ stipends will continue into January 2024.

*4. *Future of N-Power Program and Renewed Hope Job Creation Program (RHJCP):*
Minister Edu hinted at the possibility of the N-Power program evolving into the Renewed Hope Job Creation Program (RHJCP) once the arrears are settled. This suggests a forward-looking approach by the government, aiming to enhance the impact of youth empowerment initiatives beyond the immediate challenges.

Conclusion:
The resumption of payments for N-Power arrears signifies a positive step toward addressing the financial concerns of beneficiaries. The government’s commitment to resolving outstanding issues and the potential transition to the Renewed Hope Job Creation Program reflect a strategic approach to youth empowerment and social development. As the payments continue and the scheme undergoes further reforms, beneficiaries can anticipate a renewed focus on their welfare and the broader goals of the N-Power initiative.

RELATED: N-Power Payment Updates as of Today, Friday 22nd December 2023

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2 Comments

  1. Access Bank Katsina state and other states no any alert up to now. We hope that the minister will trace and ensure that the beneficiaries under the bank are paid.
    God bless the honorable minister and our dear country Nigeria

  2. Please our able minister, most beneficiries from Access bank are yet to be paid .We hope you will do something about it.

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