Business

Npower News Today 2020, Over 5m Applies for Npower Batch C, Selection to be Transparent -Farouq

Npower News Today 2020 on Batch C, on Permanent Placement and Stipend Payment. Also, Npower News Today Private Sector Engagement

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has said over 5 million applications were received for N-power Batch C and that the selection process will be transparent.

The minister, who spoke during an interaction with National Social Investment Program (NSIP) Focal Persons, Program Managers and State Operations Coordinating Unit (SOCU) officers in Abuja, said “We have also received over 5 million applications from proposed N-Power Batch C and we are currently in the process of selecting the qualified beneficiaries coming into the program, Farouq said.

“I assure all the applicants and Nigerians that the selection process will be transparent.

On Npower Batch A and B – Npower News Today 2020

She said Npower Batch A and B beneficiaries have been successfully exited from the program in June and July, respectively. The minister also noted that they are working on a permanent job for exited beneficiaries.

She said: “As we renew our commitment to the service of humanity, I will like to seize this opportunity to, once again, state that we have successfully exited Batch A and B of the N-Power beneficiaries in June and July, respectively, and we are still working towards ensuring a transition plan that will further engage or absorb them into other programmes.

“We have also received over 5 million applications from proposed N-Power Batch C and we are currently in the process of selecting the qualified beneficiaries coming into the programme. I assure all the applicants and Nigerians that the selection process will be transparent.

“Furthermore, I wish to reiterate that I have given approval for the payment of stipends for the exited beneficiaries of batches A and B up to the month of June 2020, including that of the independent monitors.

“Also, the final payment of stipend for Batch B is almost ready for transmission to the office of the Accountant General of the Federation for final checks and payment.

“I therefore appeal for patience and understanding from beneficiaries omitted for payment in previous months and those in batch B who are to get their final payment.”

“There is no doubt that the National Social Investment Programmes (NSIP) are critical components of the present Administration’s activities and are vehicles through which His Excellency President Muhammadu Buhari‘s vision of lifting 100 million people out of poverty in 10 years will be achieved.

“Since my assumption of office, I have remained focused on ensuring the sustainability and improvement of the programmes bearing in mind the high impact value they have to teeming Nigerians, whose lives have been significantly disrupted as a result of the present humanitarian and economic situation in the country.

“It is against this background that I urge everyone of you to continue to give in your best to ensure the lives of those we are called to serve are made better. We must not lose sight of the fact that each one of the vulnerable persons are not mere numbers or statistics but real people with dreams, hopes, aspirations and a desire to live decent lives in peace and safety.”

Government to Engage Private Sector to Absorb Npower Exited Beneficiaries

The government has said there is an ongoing engagement with private sector operators to absorb some of the exited beneficiaries of the Npower programme. Also, government said it is working to create space for them in the ministries and government agencies.

Job Opportunities for Npower Exited Beneficiaries

We have put together a list of jobs exited beneficiaries can start pending when the federal government will perfect its plan. We listed jobs and how you can get involved to avoid issues that may arise from the government usual failure to create a permanent job for exited beneficiaries.

N-Power Beneficiaries Receives N13.3 Billion Kwara State

In other news, beneficiaries in Kwara State were paid a combined N13.3 billion during the course of their engagement, according to Abdulrazaq.

Hajia Bashirah Abdulrazaq, the Focal Person of the programme in the state, said batch A beneficiaries were paid N7.4 billion for the 42 months period they were engaged.

“Non-graduates received the sum of N10,000 every month and were engaged for a period of 24 months with a total sum of over N24 million spent,” she added.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

Nigeria’s External Reserves Drop to $40.09 Billion Amid Currency Market Challenges

Nigeria’s external reserves declined to $40.09 billion as of January 21, 2025, according to data…

33 minutes ago

GTCO and UBA Lead Activity as Market Cap Holds Steady at N63 Trillion

The Nigerian stock market closed on a mixed note on Wednesday as the All-Share Index…

1 hour ago

Nigerian-American Billionaire Ogunlesi Sees Fortune Rise by $600 Million in One Week

The net worth of Nigerian-American billionaire Adebayo Ogunlesi has surged by $600 million in a…

2 hours ago

Pounds to Naira Black Market Exchange Rate Today, 24th January 2025

The exchange rate between the British Pound (GBP) and the Nigerian Naira (NGN) in the…

9 hours ago

Dollar to Naira Black Market Exchange Rate Today, 24th January 2025

How Much is Dollar to Naira Today in Black Market? As of today, 24th January…

9 hours ago

Tolaram Group Drives Guinness Nigeria to First Profit in Six Months Post-Takeover

Guinness Nigeria Plc has reported a pre-tax profit of N20.1 billion for the second quarter…

14 hours ago