The latest Npower News For Today Friday 23 February 2024 can be accessed below.
In today’s Latest Npower News For Friday 23 February 2024, we delve into the current state of the Npower program and its beneficiaries following the suspension of the program. Read on for more details!
Six weeks have passed since President Tinubu ordered the suspension of all programs administered by the National Social Investment Programme Agency (NSIPA) and directed a panel, chaired by Wale Edun, Minister of Finance and Coordinating Minister of the Economy, to conduct a comprehensive diagnostic on the financial architecture and framework of the social investment programs. However, no concrete updates have been provided regarding the outcome of this directive.
The National Social Investment Programme (NSIP) is a Nigerian government initiative aimed at addressing poverty, hunger, and inequality by offering economic and social support to vulnerable populations. Established in 2016, it comprises four core programs: N-Power, NHGSFP, GEEP, and CCT.
In addition, it’s worth noting that the FG plans to shortlist 3MTT 2nd Phase Fellows on 29 February 2024, as announced by the Minister.
Npower beneficiaries are currently owed eight months of backlog payments prior to the program’s suspension. This delay in payments has added to the challenges faced by beneficiaries during these times of economic hardship.
Despite the suspension, beneficiaries are urging the President to lift the suspension on the NSIP program and resume its activities to alleviate the hardships experienced by the people.
Stay tuned for further updates on the Npower program and its beneficiaries as the situation develops.