What to Expect from NPower in 2024
Hello everyone, welcome to the latest Npower update! Today, we’re diving into the happenings of 2023 and setting our sights on what’s in store for 2024. So, stick around for the details!
Starting with a positive note, the Federal government is finally making amends by kickstarting the payment of the long-overdue 9 months of stipends for Npower beneficiaries. The process began with the January 2023 payment, bringing much-needed relief. You can catch all the details in the update here: [NPower Payment is on Goinng ] FG Begins Payment Of N-Power Beneficiaries 9 Months Backlog.
Now, let’s rewind a bit and look at the rollercoaster that was 2023 for Npower beneficiaries:
- Throughout 2023, beneficiaries faced a tough time as several program activities were put on hold, especially the disbursement of stipends for the 9 months spanning from January to September.
- The year saw a change in government, leading to a subsequent change in the management of the Npower program.
- To address financial irregularities from the previous management, the new management suspended the Npower program temporarily in 2023.
- As part of the restructuring process, the Npower program underwent significant changes, including a name change to the Renewed Hope Job Creation Programme (RHJCP).
- The restructuring also involved the creation of a new agency, NSIPA, tasked with overseeing the affairs of the Npower program and other social investment programs.
Now, looking ahead to the expectations for the Npower program in 2024:
- The revamped Npower program, now called RHJCP, is set to kick off in full swing.
- Management aims to engage a whopping 1 million beneficiaries in 2024 and plans to extend this initiative to 5 million youths over the next 5 years. Get the detailed scoop here: N-Power To Recruit 5 Million Youths Under Skill Up Nigeria Renew Hope.
- For the lucky new Npower beneficiaries in 2024, there’s talk of a stipend payment potentially reaching N50,000.
Exciting times lie ahead, and we’ll be here to keep you informed every step of the way! Stay tuned for more updates and developments.
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