N-Power Latest News on Outstanding Payment of Beneficiaries for Today, 29th January 2025

In a significant development, the House of Representatives has directed President Bola Ahmed Tinubu to reinstate the N-Power program and ensure the immediate release of funds to clear outstanding payments owed to 395,731 beneficiaries. This decision came during a plenary session, emphasizing the importance of revitalizing the program and addressing the financial constraints faced by its participants.

The Role of NSIPA in Social Investment Programs

The National Social Investment Programmes Agency (NSIPA) oversees several social investment initiatives aimed at reducing poverty and empowering Nigerians. These programs include:

• N-Power: Providing skill acquisition and job opportunities for unemployed youth.
• Conditional Cash Transfer (CCT): Offering financial support to vulnerable households.
• Government Enterprise and Empowerment Programme (GEEP): Supporting small-scale businesses with loans and grants.
• Home-Grown School Feeding Initiative: Feeding primary school children to improve education and health outcomes.

Why the Accounts Were Frozen

In recent months, NSIPA’s accounts were reportedly frozen due to administrative challenges and allegations of mismanagement. This action disrupted the smooth functioning of social programs, leaving beneficiaries stranded without payments and services.

The House of Representatives has now called for an immediate unfreezing of these accounts, stressing that resuming these programs is critical to supporting millions of Nigerians. Lawmakers noted that clearing the backlog of unpaid beneficiaries is a moral and social obligation.

Outstanding Payments to N-Power Beneficiaries

The issue of unpaid N-Power beneficiaries has drawn widespread concern. Many participants, who rely on the monthly stipends to support their families and pursue personal development, have expressed frustration over delayed payments.

To address this, lawmakers have urged the Federal Government to:

1. Unfreeze NSIPA accounts to enable seamless operations.
2. Release funds to settle the unpaid stipends of 395,731 beneficiaries.
3. Ensure future payments are timely and transparent to restore trust in the program.

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Government’s Responsibility to N-Power Participants

The N-Power program has been instrumental in reducing unemployment and poverty across Nigeria. However, its recent challenges highlight the need for better management and transparency. Stakeholders have called on President Tinubu’s administration to prioritize the welfare of beneficiaries and ensure the program fulfills its mission.

The reinstatement of N-Power and the release of outstanding payments are expected to rekindle hope among beneficiaries and enhance the program’s impact on youth empowerment.

What’s Next for Beneficiaries?

As beneficiaries await the resumption of payments, the Federal Government must implement policies to prevent future disruptions. Regular audits, transparent reporting, and better coordination between NSIPA and other stakeholders will be essential to sustaining the program’s objectives.

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