N-Power Payment News Today 1st January, 2024

President Tinubu Directs Swift Payment of Backlog Stipends

In a significant development for Nigerian youths, President Bola Ahmed Tinubu has issued a directive for the prompt payment of the backlog stipends owed to N-POWER beneficiaries. The announcement, made by the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, marks a renewed hope for the beneficiaries during the Christmas and New Year festivities.

Verification Exercise Sparks Commencement of Payments

The payment process, initiated by the Ministry of Humanitarian Affairs and Poverty Alleviation, follows a meticulous verification exercise conducted by the ministry. This exercise aimed to ensure accuracy and transparency in disbursing funds to the deserving N-POWER beneficiaries.

Minister’s Assurance

Dr. Betta Edu, the minister, expressed President Tinubu’s unwavering commitment to the welfare of Nigerian youths. The minister highlighted the president’s dedication, evident in the various policies and programs tailored to provide opportunities for the nation’s youth.

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Minister’s Round-the-Clock Efforts

In a testament to the urgency attached to the directive, Dr. Betta Edu personally oversaw the process, staying at the office until 3 am to ensure that N-POWER beneficiaries received their stipends before Christmas. The minister emphasized the president’s keen interest in fulfilling this commitment and providing financial relief during the festive season.

Payment Commencement Details

The funds for the N-POWER beneficiaries have already been released, and the payments have commenced. This timely disbursement comes as a welcome relief for the beneficiaries, ensuring a more joyous Christmas and New Year celebration.

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Continuation of Payments in 2024

Starting from today, Monday, January 1st, 2024, Nigerians can expect the continuation of N-Power payment stipends. The minister assured that all outstanding payments will be settled before the program resumes, underscoring the government’s commitment to honoring its financial obligations.

Conclusion

President Bola Ahmed Tinubu’s directive to expedite the payment of backlog stipends demonstrates the government’s commitment to the welfare of Nigerian youths. The timely release of funds aligns with the president’s vision for uplifting the nation’s youth through impactful policies and programs. As the N-POWER payment continues, beneficiaries can look forward to a more secure financial footing in the coming year.

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