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Npower Payment: NASIMS Talks Payment of October and November Stipends

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The National Social Investment Management System (NASIMS) has released an update concerning the payment of the Npower October and November stipends to the Batch C volunteers of the Npower programme. The failure to pay the stipends has launched quite the discourse concerning the efficacy of the programme.

In a Facebook post, NASIMS addressed the lack of payment, responding to the enquiries of some beneficiaries. These beneficiaries had previously repeatedly made attempts to find out exactly when the payments for October and November would be commencing.

NASIMS first moved to clarify how the payment process works, explaining that the payment procedure is not quick and it takes time. The group stated that the account would need to be validated before anything else, after which the bank account details would be forwarded to the Central Bank of Nigeria, who will in turn send out the required stipends to the financial institutions.

The Facebook post closed with NASIMS saying that they are not aware of an exact date on which the payment of the October and November stipends will commence, but mentioned that they are sure that the payment process will be starting anytime soon.

Also, the Federal Government – through NASIMS – has told the beneficiaries of Batch C to provide their Bank Verification Numbers if they are yet to do so, as the BVN is necessary for account validation. The Federal Government also confirmed that if payment status reflects as ‘Pending’ on the dashboard, it means that the account has been successfully validated.

At this stage, beneficiaries are to simply be patient and wait for the payment to be made.

NASIMS also stated that its attention has been drawn to a ridiculous post going around social media, concerning the commencement of Batch C2 selection. The post announced that the Batch C2 of the Npower programme had begun and individuals would need to pay N4500 to be enlisted.

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Travel

IATA Reveals 16.6% Rise in Global Flight Demand for January 2024

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The International Air Transport Association (IATA) has unveiled statistics indicating a surge in global flight demand for January 2024.

According to the latest report released by the IATA, passenger demand, measured in revenue passenger kilometers, rose by 16.6%.

This surge was particularly pronounced in international air travel with a 20.8% increase in demand. Simultaneously, capacity saw a 20.9% boost, resulting in a load factor of 79.7%.

Domestically, demand rose by 10.4% with a capacity increase of 4.6%, and a notable 4.2 percentage point surge in load factor, reaching 80.2%.

Willie Walsh, the Director General of IATA, expressed optimism about the industry’s resilience despite prevailing economic and geopolitical uncertainties.

He emphasized the crucial role of aviation as a catalyst for economic growth, urging governments to adopt policies that facilitate cost reduction, enhance efficiency, and advance towards the ambitious target of achieving net-zero CO2 emissions by 2050.

African airlines notably observed an 18.5% surge in traffic, albeit with a slight decline in load factor to 73.3%.

The report also highlighted China’s robust domestic demand driven by Lunar New Year travel, prompting carriers to increase capacity, particularly through wide-body jet deployment.

As the aviation industry charts a course into 2024, the robust start to the year signals resilience amidst challenges, with stakeholders eyeing sustainable growth and innovation to navigate the evolving landscape of global air travel.

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Travel

Nigeria Excluded as UAE Unveils 5-Year Multiple-Entry Tourist Visa

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The United Arab Emirates (UAE) has announced a five-year multiple-entry tourist visa to offer increased flexibility for travelers.

However, Nigeria finds itself excluded from this favorable arrangement due to the strained diplomatic relations between the two countries.

The new visa policy enables tourists from eligible nations to enter and exit the UAE multiple times over a five-year period, provided they spend at least 90 days in the country during each visit.

It aims to enhance tourism and facilitate business interactions, aligning with the UAE’s vision of becoming a global economic hub.

Nigeria’s exclusion from the five-year visa offering stems from a series of diplomatic disputes and travel restrictions between the two nations.

In 2022, the UAE abruptly halted the issuance of visas to Nigerian citizens, along with those from 19 other African countries, without providing detailed explanations.

This move disrupted travel and business ties between the nations, including the suspension of flights by Emirates Airline from Nigeria due to financial disputes.

While the UAE’s new visa scheme promises increased ease of travel and extended stays for tourists, Nigerians remain sidelined from these benefits.

The exclusion underscores the need for diplomatic efforts to mend relations and restore normalcy in bilateral affairs.

Nigerian officials have yet to issue a formal response to the UAE’s latest visa policy.

However, it highlights the challenges facing Nigerian travelers and the urgency for constructive dialogue to address underlying tensions and foster cooperation between the two nations.

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Sport Business

Joshua Dominates Ngannou with Second-Round Knockout in Saudi Arabia Showdown

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Nigerian British boxer Anthony Joshua showcased his prowess by delivering a second-round knockout against UFC heavyweight champion Francis Ngannou.

The thrilling encounter unfolded with Joshua demonstrating his technical skill and power, overwhelming Ngannou with his calculated strikes.

From the outset, Joshua asserted his dominance, landing a formidable right hand in the opening round that set the tone for the match.

Despite Ngannou’s resilience, Joshua continued to press forward, maintaining control of the bout.

As the second round commenced, Joshua unleashed another powerful right hand that visibly rocked Ngannou.

Despite his efforts, Ngannou found himself on the canvas once more, unable to withstand Joshua’s onslaught.

The referee swiftly called an end to the contest, declaring Joshua the victor by knockout.

The electrifying showdown left fans in awe as Joshua’s precision and strength proved too much for Ngannou to handle.

Although Ngannou required medical attention post-fight, Joshua’s display of sportsmanship and skill highlighted his status as a formidable force in the world of boxing.

The victory solidifies Joshua’s position as a top heavyweight contender and sets the stage for future thrilling matchups in the world of combat sports.

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