Npower Latest News For Today 20th September 2022, NPower Stipend payment update , Npower News , N-Power Stipend News and Npower July stipend payment , including Npower May and June Payment News Now date for Npower July stipend payment , date for Npower August stipend payment and Latest Information from NASIMS Management can be accessed below.
The reason for the delayed in payment of the last two stipends for batch C stream 1 beneficiaries of Npower has been revealed.
Recall that beneficiaries of the scheme are entitled to receive 12-month stipends.
Goldennewsng explaining on Monday a source within the office of the Minister of Humanitarian Affairs, Disaster Management and Social Development minister Sadiya Farouq explained the reasons for the delay in payment of two monthly stipends given to beneficiaries of its social intervention programme N-Power.
According to source who claimed anonymity,
“The ministry is planning special package for the stream 1 who may soon be ending their own program.
He also said that there are plans ongoing for retention of a category N-Power beneficiaries whose contract will expire this month.
He further said that the ministry was making efforts to develop a good exit package for the beneficiaries and that the money owed would be paid to beneficiaries upon conclusion of the plan which will be revealed this September.
In today’s Npower News, we will be updating you on the latest regarding Npower stipends payment and stream 2 posting so let’s get straight to the point.
Beneficiaries of the Npower batch C stream 2 should note that after the state focal person conducts a manual posting of beneficiaries, then Nasims will update your deployment status. Keep monitoring their posting via the Nasims self-service dashboard and don’t forget to connect with your focal person.
As regards Batch c stream 1, your extension lies in the hands of management. You commenced duties in September 2021 and we in September 2022 which means you have completed the 1-year program. Though with outstanding stipends for July and August are yet to be paid. If there will be an extension, you will hear from Npower management soon.
However, the last stipend that was paid is in June 2022. So July and August stipends will soon be initiated, Npower Technical Team is working tirelessly to ensure that issue of unpaid stipends is solved, and they are committed to ensuring that all of you receive your payments.
Npower discussion group advice to you is to wait patiently for the Npower management team to give an official statement regarding Npower batch C stream 2 deployment and stream 1 disengagement or extension if there will be.
In conclusion, Nexit applicants should also note that no Applicant has received the supposed Nexit CBN loan after the first training, as such, applicants should stay tuned for updates regarding Nexit Scheme from management soon.
Npower News Today On July And August Stipends Payment
In today’s News, Npower July And August Stipends Payment , we will be addressing Stream 1 and stream 2 beneficiaries’ payment issues.
It seems though that Npower management has managed to pay its batch C 1 volunteers stipends of 10 months excluding July and August stipends which we believe will be paid in due time, one thing that is not certain is whether there will be an Extension of this stipend payment beyond August. Whatever it is, we will soon find out.
Though Npower June stipends have been paid, Npower is assuring beneficiaries with issues of unpaid stipends that they will be paid as backlog and all outstanding stipends will be cleared.
As usual, Npower July Stipends Payment process will soon commence followed by the August stipends payment process.
The Honourable Minister of Humanitarian Affairs, Disaster Management, and Social Development Sadiya Umar Faroug on behalf of the management and entire staff of the Ministry a few days ago convey profound gratitude to President Muhammadu Buhari, GCFR for his passion and commitment towards alleviating the suffering of millions of lives especially those of the poorest of the poor, the teeming youths, Persons with Disabilities and other vulnerable persons.
Latest News on Nexit Loan For Npower Batch A&B
NEXIT NEWS – According to the August 2022 Nexit news, Npower has assured Npower A and Npower B beneficiaries that the updates on NEXIT will be coming to Npower beneficiaries in a short period of time.
The beneficiaries of Npower batch A and Npower batch B who have confirmed their NEXIT training will be contacted when the list reaches the NEXIT training operators across the country, the reason why NEXIT training has not started for the second part is not only because of the NEXIT training, Npower has not yet sent the list to the NEXIT training operators.
According to the first part of the NEXIT training, all business plans have been received from the Central Bank of Nigeria, but the NEXIT loan process has not yet started, the NEXIT loan will be processed only after the second part of NEXIT , their training has been completed, and currently the second phase of NEXIT training has not started, and this is the reason why the NEXIT soft loan has not been implemented.
Npower A and Npower batch B beneficiaries are expected to receive a soft loan of up to ₦3,000,000 if they qualify, NEXIT NEXIT loan will be given to all Npower beneficiaries equal to the final loan amount included in the business plan and at the discretion of the Npower beneficiary business.
Npower Commence PPA Posting Of Batch C Stream 2 Beneficiaries
In today’s Nasims news, Npower Commence PPA Posting Of Batch C Stream 2 Beneficiaries. Beneficiaries are to check via the link below and download your PPA letter.
The management of Npower Commence PPA Posting Of Batch C Stream 2 Beneficiaries of Npower has updated the Nasims dashboard of the beneficiaries of Npower batch C2 and has advised the Beneficiaries to login into their self-service and check their place of posting.
NASIMS Updates C2 Beneficiaries On Deployment Process
The National Social Investment Management System (NASIMS) has released a new update regarding the Batch C stream 2 Deployment process which is about to commence.
According to NASIMS:
“The Ministry is working with the state Focal persons to avoid posting beneficiaries to PPA’s far-off their place of residence.
NASIMS Initiates Payment of Npower 2022 August Stipend
The long-awaited Npower Batch C June Stipend has been initiated as beneficiaries are set to be credited.
The National Social Investment Management System (NASIMS) has disclosed that the payment of Npower 2022 June Stipend has been initiated and Crediting of Accounts is expected to follow suit as soon as possible
According to NASIMS:
“PAYMENT OF JUNE STIPENDS SUCCESSFULLY INITIATED!
“Payment of June stipends has successfully been initiated, while disbursement and crediting of accounts is expected to commence shortly, we appreciate your patience so far during this moment of delay.
Furthermore, beneficiaries are to exercise patients as all outstanding stipends will be paid and it is also very important that you take your Duties at the place of your primary assessment seriously in order to gain more job experience.
Focal Person Are Responsible For Npower Batch C Stream 2 Posting – Nasims
The management of Npower Nasims in an update revealed that State Focal Persons are Responsible For Npower Batch C Stream 2 Posting.
ATTENTION: Npower Batch C2 Beneficiaries, Please be informed that your state focal person is responsible for your PPA placement and this is done manually, after which deployment will commence. Until then, please be calm as all beneficiaries will be deployed. Thank you.
This update given by Nasims is to clarify the deployment letter of the Npower batch C stream 2.
Recall that the posting of the stream 2 Npower beneficiaries has commenced and the PPA of beneficiaries is been added on the Nasims portal gradually.
NASIMS Reassures Batch C Stream 1 That All Payment Issues Will Be Resolved
The National Social Investment Management System (NASIMS) has come out to reassure all Batch C Stream 1 beneficiaries that all payment issues will be resolved and all payments will be cleared.
This was disclosed on their social media account as they urged all beneficiaries to continue to exercise patience as they are working tirelessly to resolve all payment issues.
According to NASIMS:
“Dear Npower Batch C1