Sponsored
News

Sadiya Farouq Gives Update On Arrears of Stipend Owe N-Power Beneficiaries

Sponsored
Sponsored

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq has given the status update regarding the outstanding arrears of stipend to the 14,200 N-power cohorts from Batch A and B.

According to the minister, it is necessary for her ministry to give Nigerians an update since from the outset, the N-power programme was designed to run for 24 months which all beneficiaries signed on to.

“While the Batch A participants stayed on the programme for over 40 months, the Batch B members stayed within the 24-month time frame.

“To ensure other young Nigerians benefit from N-power, we set June 30, 2020 terminal date for Batch A beneficiaries and July 31, 2020 terminal date for Batch B members.

The minster stated that out of the 500,000 combined beneficiaries from Batch A and B only 14,200 have five months outstanding stipend arrears.

The delay in the payment of the arrears, according to her, “arose due to platform migration from NIBSS to GIFMIS by the Office of Accountant General of the Federation, OAGF in March 2020.

“From the consolidated list of beneficiaries we received from the OAGF in September, the 14,200 beneficiaries with arrears of stipend were flagged for receiving monthly payment from other MDAs, particularly from the NYSC.

“It is possible that the 14,200 beneficiaries used their NYSC allowance bank accounts for N-Power and GIFMIS payment platform picked them for double payment.

“We have initiated State verification process with State N-Power Focal Officers. The 14,200 affected beneficiaries will present their NYSC certificates for final verification after which we will present an updated list to OAGF to pay off their 5 months arrears.

“All legitimate claims and those on verified list will be paid before the end of the year.”

Hajia Sadiya added that the N-Power programme has contributed significantly to the socio-economic development of the country.

“We salute past beneficiaries for their service to the nation. It is gratifying to note that N-Power achieved one of its core objectives of making beneficiaries self-reliant.

“I am proud to inform Nigerians that 109,000 among the 500,000 beneficiaries have gone to become business owners and some are already employers of labour.

“We are concluding arrangement to start the Batch C programme where other young Nigerians will participate. We will continue to work towards a better future for our young people,” she concluded.

Sponsored
Funsho Arogundade

Recent Posts

Lagos to London: How Air Peace Challenged My First Impressions

BY CHRISTY ANYANWU Travel often has a way of confronting our expectations. Sometimes, we set…

6 hours ago

Dangote Refinery: Domestic Crude Must Be Available And Commercially Viable

Dangote Petroleum Refinery and Petrochemicals has clarified its position following recent reports referencing data released…

6 hours ago

President Tinubu Approves Landmark Deep Offshore Investment Framework To Unlock Up To $50bn In New Investment

President Bola Ahmed Tinubu, GCFR, has approved a landmark reform that replaces project-by-project negotiations with…

9 hours ago

Ooni Celebrates Indimi’s Legacy, Unveils Plan To Establish Business School In His Honour

The Permanent Chairman of the Southern Nigerian Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula…

11 hours ago

OYRTMA Moves To Save Lives, Replaces Stolen Manhole Covers With Concrete On Apata Road

The Oyo State Road Traffic Management Authority (OYRTMA) has commenced the replacement of stolen manhole…

12 hours ago

Tribute To Prof. Alfred Bandele Kasunmu, SAN: When A Giant Takes His Final Bow

BY 'KEMI PINHEIRO There are men whose passing is announced by the tolling of bells.…

15 hours ago
Sponsored