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NASIMS Continues Disbursing Payment of Outstanding Stipends – 23rd June 2023

Enudi Golden by Enudi Golden
January 11, 2024
in Headline, News, Npower
Reading Time: 3 mins read
NASIMS Continues Disbursing Payment of Outstanding Stipends - 23rd June 2023
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Welcome back to GoldenNewsNg! We are your trusted source for the latest NPower news, payment updates, and other important information to keep you well-informed.

Following NPower’s latest News Today topic:  we are glad to announce that the Npower management board has continued to pay Npower Beneficiaries their stipend of 30k.

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If you haven’t completed the validation process yet, we strongly encourage you to do so. In case you encounter any difficulties, consider visiting a nearby cafe for assistance. However, if you are able to complete the validation process, we recommend doing it directly on your phone.

Exciting news for Npower beneficiaries in today’s update!

The National Social Investment Management System (NASIMS) has followed through on their promise and started disbursing outstanding stipend payments to Batch C1 and C2 beneficiaries.

NASIMS had previously announced that their technical team was working tirelessly to ensure that all outstanding stipends would be fully paid by the end of this month, June 2023.

Many beneficiaries who had validated their account information but hadn’t received their stipends can now rejoice, as they have confirmed the receipt of their payments on June 21st, 2023.

Additionally, a significant number of newly pre-selected Batch C2 beneficiaries, who diligently followed NASIMS’ instructions and validated their account information, have also reported receiving their stipends on the same day.

To provide some context, NASIMS recently pre-selected and engaged over 200,000 new Batch C2 Npower beneficiaries. This step was taken to augment the required number of beneficiaries in the Batch C2 Npower Program, as the initial selection fell short of the target of 490,000 beneficiaries.

It’s important to note that these newly pre-selected beneficiaries were chosen from the Npower Batch C applicants who had applied through the NASIMS Portal in 2020.

NASIMS encourages beneficiaries, particularly the new Batch C2 beneficiaries, who haven’t yet validated their information, to do so using the Npower validation portal link at validation.nasims.ng. This step is necessary to ensure their inclusion in the next phase of stipend payments before the end of June 2023.

As of today, June 23rd, 2023, stipend payments have commenced for beneficiaries who have confirmed their status and validated their account information. Payments will continue throughout the month until completion.

 

Which Month’s stipend is currently being disbursed?

The stipends currently being disbursed are for October, November, and December 2022. This applies to Batch C2 Npower beneficiaries who hadn’t received their payments but have validated their account information.

Likewise, recently preselected Batch C2 Npower beneficiaries who have successfully updated their status and validated their account information are also receiving stipends for October, November, and December 2022.

Another ongoing payment is for the outstanding stipends of September, October, and November 2022 for Batch C1 Npower beneficiaries who hadn’t received the act of benevolence approved by Minister Farouq.

Regarding stipend payments for January, February, March, April, and May 2023, they have not commenced yet. Payment for these months will only begin after all outstanding stipends have been fully paid to all Batch C2 beneficiaries, including the newly preselected ones. NASIMS aims to bring all Batch C2 beneficiaries to the same payment level before initiating these payments. This ensures uniformity, and all Batch C2 Npower beneficiaries will receive their stipends simultaneously.

Please disregard any news claiming that January, February, March, April, and May 2023 stipends are currently being paid. All beneficiaries are advised to remain patient as payment is ongoing and will continue until the end of June 2023.

 

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