N-Power Payment Updates for November 2, 2023

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N-Power Payment Updates for November 2, 2023

In a recent statement, the Federal Government has announced its intention to initiate the distribution of long-delayed payments to N-Power beneficiaries for the 9-month backlog in November 2023. This encouraging development was revealed by Akindele Egbuwalo, the national program manager of N-Power, during a gathering with beneficiaries in Abuja.

Egbuwalo clarified that funds have been successfully recovered from existing payment service providers, and the disbursement process will be carried out in phases to ensure a smooth distribution to the beneficiaries. This decision comes after a temporary suspension of the program for extensive restructuring and a comprehensive audit.

Additionally, the National Social Investment Programme Agency (NSIPA) released a statement in Abuja, confirming this initiative. Jamaluddeen Kabir, the national communication manager of NSIPA, underscored the government’s dedication to resolving the backlog issue.

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Furthermore, this announcement also signifies a significant transformation as the N-Power program has been rebranded as the “Renewed Hope Job Creation Programme” (RHJCP). This renaming aligns with President Bola Ahmed Tinubu’s new vision and reflects the government’s intentions to expand and improve the program. Under the leadership of the Honourable Minister, Dr. Betta Edu, RHJCP aims to reach 5 million beneficiaries over the next 5 years. This initiative seeks to absorb 1 million youths annually, encompassing both graduates and non-graduates.

The news of the upcoming backlog payment and the program’s expansion has been met with relief and optimism by N-Power beneficiaries, many of whom had expressed frustration due to the lack of information. During the meeting, a beneficiary from Yobe State echoed the sentiments of others, emphasizing their understanding of the situation and gratitude for the transparent communication.

In light of these developments, N-Power beneficiaries are encouraged to maintain their patience as they await their payments. The government’s renewed commitment to the program’s success and inclusivity in the “Renewed Hope Agenda” signifies a positive step forward, assuring that no beneficiary will be left behind. This announcement heralds a renewed sense of hope and progress for N-Power beneficiaries as they continue to contribute to the nation’s advancement and prosperity.

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Frequently Asked Questions (FAQ) – N-Power Payment Updates, November 2, 2023

Q1: What is the key highlight in the N-Power Payment News for November 2, 2023?
A1: The main update revolves around the Federal Government’s announcement of its intention to clear the backlog of payments, spanning 9 months, owed to N-Power beneficiaries, starting in November 2023.

Q2: What led to the delay in disbursing N-Power stipends?
A2: The delay resulted from the temporary suspension of the N-Power program, which was necessary for restructuring and conducting a comprehensive forensic audit. This process enabled the recovery of funds from existing payment service providers.

Q3: What is the new name for the N-Power program?
A3: The N-Power program has been rebranded as the “Renewed Hope Job Creation Programme” (RHJCP) as part of a broader government initiative.

Q4: How does the government plan to implement the RHJCP program?
A4: The RHJCP aims to reach 5 million beneficiaries over the next 5 years, with the goal of accommodating 1 million youths annually, including both graduates and non-graduates.

Q5: How did N-Power beneficiaries react to this announcement?
A5: N-Power beneficiaries responded with relief and optimism during the meeting, praising the government for its transparent communication and understanding of their situation.

Q6: When can N-Power beneficiaries expect to receive their outstanding payments?
A6: Payments are scheduled to begin in November 2023 and will be distributed in phases to ensure a smooth and organized disbursement process.

Q7: Will any N-Power beneficiaries be left out from receiving their outstanding stipends?
A7: The government has affirmed its commitment to inclusivity in the renewed hope agenda, ensuring that no beneficiary will be excluded.

Q8: Is there a specific reason behind renaming the program?
A8: The name change aligns with President Bola Ahmed Tinubu’s new agenda and underscores the government’s dedication to expanding and enhancing the program.

Q9: Is there an official source or website for further updates and information on this program?
A9: For official updates and information, you can refer to the National Social Investment Programme Agency (NSIPA) or relevant government websites dedicated to social investment programs.

Q10: What should N-Power beneficiaries do while they await their payments?
A10: Beneficiaries are encouraged to be patient and composed as they await their payments, as the government is determined to clear the backlog and improve the program for their benefit.

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