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Latest NPower Payment News Today 25th December 2023 

GoldenNewsNG by GoldenNewsNG
January 11, 2024
in Headline, News, Npower
Reading Time: 3 mins read
Latest NPower Payment News Today 25th December 2023 
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Latest NPower Payment News Today 25th December 2023 

Federal Government Resumes Payment of Arrears to N-Power Beneficiaries on Christmas Day

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Minister Betta Edu Clarifies Pause in Payments and Expresses Commitment to Resolve Scheme Lapses

In a significant Christmas Day announcement, the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, revealed that the Federal Government has recommenced the payment of arrears owed to beneficiaries of the N-Power program. The initiative, launched in 2016 by former President Muhammadu Buhari, aims to combat youth unemployment and foster social development.

Minister Edu Addresses Payment Delays on Politics Today

During an appearance on Channels Television’s Politics Today, Minister Edu clarified that the government, led by President Bola Tinubu, had temporarily paused N-Power payments upon assuming office to address lapses in the scheme. Beneficiaries, who faced delays in receiving several months’ salaries from the previous administration, have now started seeing funds deposited into their accounts.

Edu stated, “Presently, a payment for N-Power is ongoing; we were in the office yesterday up until the early hours of this morning, just to ensure that young people get monies that they have been owed from the last government.”

Assurance of N-Power 9-Month Stipend and Transition to RHJCP

Furthermore, Edu assured Nigerians that the payment of the NPower 9-month stipend would persist as the Ministry resumes work in January 2024. Once the debts owed to beneficiaries are settled, the government plans to continue the N-Power program, potentially transitioning it into the Renewed Hope Job Creation Program (RHJCP).

Renewed Hope for NPower Beneficiaries Nationwide

While speculations suggest payments might resume immediately after the Christmas celebration, the Ministry remains committed to resolving lapses in the scheme before proceeding further. This development brings renewed hope to N-Power beneficiaries nationwide as the Federal Government takes steps to address outstanding financial obligations and pave the way for the program’s continuity.

Frequently Asked Questions (FAQs) on Npower Payment News Today 25th December 2023:

  1. What is the N-Power program, and when was it initiated?
    • N-Power is a program established in 2016 by former President Muhammadu Buhari to address youth unemployment and promote social development in Nigeria.
  2. Why were N-Power beneficiaries owed salaries, and why was the payment paused by President Bola Tinubu?
    • Beneficiaries were owed salaries from the previous administration, and President Tinubu temporarily paused payments to address lapses in the N-Power scheme.
  3. When did the Federal Government resume the payment of arrears to N-Power beneficiaries?
    • The payment of arrears to N-Power beneficiaries resumed recently, as disclosed by Minister Betta Edu on Channels Television’s Politics Today on December 25th, 2023.
  4. What assurances did Minister Betta Edu provide regarding the N-Power program’s future?
    • Minister Edu assured Nigerians that once the debt for beneficiaries is settled, the government will continue the N-Power program, possibly transitioning to the Renewed Hope Job Creation Program (RHJCP).
  5. When will the N-Power 9-month stipend payments continue, and are there any speculations about the timeline?
    • The Minister mentioned that the payment of the N-Power 9-month stipend will continue when the Ministry is back to work in January 2024. While there are speculations about payments resuming immediately after Christmas, the Ministry remains focused on resolving scheme lapses first.
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