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Npower Payment: Network Instability Affected 3-Month Payment to Trainees – NASIMS



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Several graduate trainees under the federal government employment scheme, Npower have condemned the owing of their monthly stipends from October to December.

The youths who took to social media to air their frustrations have said that resuming work this January has been difficult since payment of allowances has not been guaranteed.

A Npower worker, TemmyT002 on Friday said, “The PPA people were surprised not to see me and they called. I told them I haven’t been paid so I can’t come. They were shocked.

“I won’t go until all the three months allowance is paid. We need to learn how to put the right people in sensitive positions.”

It was further revealed that some volunteers had received their three months pay, while others were yet to get theirs.

However, a statement by the body in charge of overseeing the Npower programme, the National Social Investment Management System (NASIMS) revealed that the bulk payment approach did not pay some Batch C beneficiaries, due to network problems.

NASIMS stressed that the ‘network instability’, is the major challenge causing the trainees’ October-December stipends to be paused.

Addressing the Batch C trainees still awaiting their stipends, Npower wrote, “In our quest to ensure beneficiaries are paid at once, we adopted the Bulk payment approach which was PARTIALLY SUCCESSFUL resulting in some accounts getting credited and some not, due to network instability.

“As a result, October payments were paused to get the challenge sorted out.

Payments for the said months (October, November and December) to all concerned “shall RECOMMENCE at the shortest possible time,” NASIMS promised.

Asking the aggrieved trainees to be patient, the body further vowed to keep them posted on updates.

Some trainees have however said they have lost faith in the scheme put in place to reduce unemployment in Nigeria.

A trainee on social media who accused the body of paying only those who were absent, “I visited my PPA throughout September to December and I was almost classified as part of the teachers there.

“Meanwhile, people who never stepped foot in the school since they got their acceptance signature have been paid. Me wey never miss a day have not been paid. Now they are pausing.”

Countering the notion in a reply, another Batch C beneficiary, Henry said, “I’ve never been to my ppa too but got paid in full.”

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Ebenezer Onyeagwu Receives Doctorate Degree in Business Administration from the University of Nigeria, Nsukka



Ebenezer Onyeagwu Doctorate Award

The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, was on Saturday, March 25, 2023, conferred with a Doctorate Degree in Business Administration by the University of Nigeria, Nsukka.

The award, which is in recognition of his immense achievements as Group Managing Director/CEO of Zenith Bank as well as his contributions to the growth of the financial services sector in Nigeria and across the African continent, was conferred on him during the 50th convocation ceremony of the University.

Speaking during the conferment ceremony, the Vice Chancellor of the University of Nigeria, Prof. Charles Igwe, congratulated Dr. Ebenezer Onyeagwu for distinguishing himself in his career and for his service to humanity, which made him worthy to receive the prestigious Doctorate Degree from Nigeria’s first indigenous University.

In his acceptance speech, Dr. Ebenezer Onyeagwu expressed his gratitude to the University of Nigeria for finding him a worthy recipient of the Doctorate Degree in Business Administration of one of the leading universities in Nigeria, considering the very rigorous process of selection of awardees by the institution. In his words, “for me to have been considered and to have passed through the meticulous selection process makes it the more dignifying because I have no connection with the University.”

Noting that the award represents a validation of the outstanding corporate governance, ethical leadership, and overall outstanding performance that Zenith Bank is recording, Dr. Onyeagwu dedicated the award to the board and management of Zenith, especially the Founder and Chairman, Dr. Jim Ovia, CFR, who has remained a mentor, a leader and a source of inspiration to everyone at the Bank and beyond; the staff, for being the shoulder and proverbial base of the pyramid upon which his achievements and success as CEO of the leading financial institution in Nigeria rests; the Bank’s customers for their unflinching loyalty to the brand; and to his family for their unceasing love and support.

Presenting the citation of Dr. Ebenezer Onyeagwu to the assemblage at the 50th Convocation Ceremony for the conferment of the Doctorate Degree in Business Administration, the orator of the University of Nigeria, Dr. Ikenna Onwuegbuna noted that Dr. Ebenezer Onyeagwu is an alumnus of Auchi Polytechnic, the University of Oxford, England and Salford Business School, University of Salford, Manchester, United Kingdom, Delta State University, Abraka. Also, he is an alumnus of Wharton Business School of the University of Pennsylvania, Columbia Business School of Columbia University, and the Harvard Business School of Harvard University in the United States.

Dr. Ebenezer Onyeagwu is a Fellow (FCA) of the Institute of Chartered Accountants of Nigeria (ICAN), a Fellow of the Nigerian Institute of Management (NIM), The Chartered Institute of Bankers of Nigeria (CIBN), the Institute of Credit Administrators (ICA) and Senior Associate Member, Risk Management Institute of Nigeria (RIMAN).

Dr. Ebenezer Onyeagwu is the Chairman of the Body of Banks’ Chief Executive Officers, Nigeria and Chairman of Zenith Pensions Custodian Limited and Zenith Nominees Limited. He is also on the Board of Zenith Bank (UK) Limited, FMDQ Holdings Plc and Lagos State Security Trust Fund (LSSTF). Ebenezer Onyeagwu is a member of the International Monetary Conference (IMC), the Wall Street Journal CEO Council, member of the African Trade Gateway Advisory Council of the Africa Export-Import Bank (Afreximbank), and member of the Governing Council of the Chartered Institute of Bankers of Nigeria (CIBN). He also served on the board of Zenith Bank Ghana Limited, Zenith General Insurance, Zenith Securities Limited, Zenith Assets Management Company, Zenith Medicare Limited, and Africa Finance Corporation (AFC).

Dr. Onyeagwu’s track record of excellence has also seen him win several individual awards, including being named Bank CEO of the Year (2019) by Champion Newspaper, Bank CEO of the Year (2020, 2021 & 2022) by BusinessDay Newspaper, CEO of the Year (2020 and 2021) – SERAS Awards, and CEO of the Year (2022) – Leadership Newspaper.

Other recipients of  Doctorate Degrees at the 50th convocation ceremony include former Governor of Delta State, Dr. Emmanuel Uduaghan, who was conferred with the Doctor of Public Administration, and the Chairman of Hobark International Limited, Dr. Obiora Fubara, who received the Doctor of Business Administrat ion. A retired Justice of the Supreme Court of Nigeria, Justice Mary Odili, was conferred with the Doctor of Law; however, her conferment was deferred to a later date because she was unavoidably absent at the ceremony.



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Npower to Pay All Outstanding Stipends, But Punish Absentees From PPA




Following the protest and complaints about non-payment of the monthly stipend, Npower has stated that all deserving beneficiaries will be paid while those who have been absent from their Place of Primary Assignments (PPA) will be punished.

Established in 2016 by the current administration, Npower is a federal government social intervention programme designed to empower the youth and address issues of unemployment. 

Investors King understands that the Npower scheme has engaged millions of youth under several programmes including Npower Teach, Npower Health, and Npower Agro among others. 

According to the statement which was posted on the official Twitter page of Npower, the scheme noted that it is working hard to ensure all backlogs are paid soon while salaries of absentees without formal communication with the appropriate body will hold for 45 days. 

“We are working tirelessly to ensure that beneficiaries’ stipends and those with backlogs are cleared,” N-Power said on Twitter. 

“We also want to make it clear that any beneficiary who is found absent In his/her primary place of assignment (PPA) without official permission from his/her supervisor will be placed on payment hold for 45 days,” N-Power said.

Npower further noted that the level of absentees from their PPA is alarming, stating that it is disheartening and any absentee who failed to be cleared and recommended for reinstatement by the state focal person will be exited from the program. 

“We have received disheartening reports from our Monitoring and Evaluation team on some of our beneficiaries who do not report for work at their different PPAs.

“Furthermore, if at the end of the 45 days, there Is no official clearance letter for reinstatement of the beneficiary by the State Focal Person, the beneficiary will be exited from the N-Power Programme. Kindly be advised to stick to one as we are poised to implement the Terms of Engagement.” the warning read.

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I Earn Over N20 Million Monthly –Comedian, Broda Shaggi



broda shaggi

A popular Nigerian comedian and skit maker, Samuel Animashaun Perry known as Broda Shaggi says he makes over N20 million in a month on skit making.

This disclosure has drawn the attention of many especially social media users as they marvel at the proceeds of skit making, Investors King reports.

Broda Shaggi spoke on his earnings in an interview with a podcast show anchor, Ehiz Okoeguale known as Dadaboy Ehiz during his programme, ‘The Dadaboy Show’.

The famous 29-year-old actor stated that he makes over $40,000 a month off his YouTube channel with about 1.7 million subscribers.

Aside from YouTube and skit-making proceeds, he added that he anchors events and works with various brands as their ambassador as they need numbers, views, comments, which in turn fetches him more money.

Broda Shaggi harped on the number of followers and views, consistency, and sound content creation to become a successful skit maker.

His words, “I will try my best. It is numbers for you to make money. As a skit maker, it’s numbers and you have to be consistent. Consistency is very very very key.

“You have to be consistent always because then, you’ll have more content. And more content means more money. That’s if you’re on YouTube and you grow your platform well.

“And asides from YouTube, there are brands that want to penetrate into your brand as well to work with you. And all they look for is numbers. You know, like how many views, who’s watching, what’s the comment like, what’s the reach; you know. That’s where the money comes in. I make more than $40,000 but lower than $80,000 monthly,” Shaggi stated.

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