According to her, the Batch C programme will run for 12 months adding that each beneficiary will be paid a monthly stipend of N30,000.

The Minister also attributed the delay in the entire process to the outbreak of COVID-19.

Speaking on why the portal was created, the minister said: “Based on the implementation experiences since 2016, and the impact of the Covid-19, these Social Intervention Programmes are undergoing a series of strategic realignment and restructuring with the view to optimize their operations, maximize their impacts and drive efficient coordination and management aimed to deliver even more socio-economic benefits to the poor and vulnerable.”

On the number of people that will be recruited, she said: “We have reached another milestone in the process of recruiting and onboarding of the Batch C N-Power beneficiaries beginning with 500,000 beneficiaries. The N-Power Batch C as launched today is structured to onboard one million new beneficiaries, beginning with an initial 500,000 beneficiaries in the first stream, and a subsequent 500,000 in a second stream, all aligned to the National policy drive of lifting 100 million people out of abject poverty in 10 years

To ensure transparency, institutional memory, and dynamic impact assessment of the N-Power duster, it will now be administered through the National Social Investment & Information Management System (NASIMS) designed to optimize and complement the structural reforms of Social Investment Programs and other activities of the Ministry with the systemic use of ICT tools for coordination, administration, monitoring, and stakeholder management across the entire process and value chain of all social investment programmes under the purview of the Ministry.

“By commencing the administration of the N-Power Batch C through the National Social Investment & Information Management System (NASIMS), beneficiaries will be able to receive their stipends in a timely and efficient manner, have access to a wide range of industry-specific contents for optimised learning experience leveraging the enterprise learning management module of the NASIMS.”

CBN/NIRSAL reopens portal for MSMEs, individuals to access up to N25m

GoldenNewsNg reports that  CBN/NIRSAL has reopened its portal for Micro Small and Medium Enterprises (SMEs)