Npower News: Npower Batch C Stream 1 Beneficiaries to Receive August Stipend

The Federal Government has said Npower Batch C Stream 1 beneficiaries will start receiving their August 2022 payment soon, a reliable source stated.

Meanwhile, the management of Npower has begun to post Npower Batch C Stream 2 beneficiaries to their respective Places of Primary Assignment (PPA)

Investors King learnt that Npower Batch B Stream 2  beneficiaries can now view and download their Place of Primary Assignment on their individual dashboard. 

This is coming after several weeks of anticipation. It could be recalled that the redeployment page on the Npower portal disappeared a few days ago. Apparently, it was in preparation for beneficiaries’ redeployment. 

Batch C Stream 2 beneficiaries can log in to the Nasim website https://nasims.gov.ng/ to check their PPA.

National Social Investment Management System (NASIMS) is the central management platform for the administration and coordination of all Social Investment Programmes under the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development. 

Meanwhile, the Minister of Humanitarian Affairs, Sadiya Umar Faruk has stated that the exit plan for Batch C Stream 1 beneficiaries is almost complete.

According to the Minister, an exit management plan will be made available on the Nasim portal which will allow beneficiaries to move automatically to the next phase which is the loan program. 

She further disclosed that outgoing beneficiaries will be able to access a loan in the range of N250,000 to N3,000,000. 

The loa will be made available through the Central Bank of Nigeria (CBN) intervention programme. The loan is expected to help outgoing beneficiaries to start a business that will guarantee a stable income. 

Established in 2016, Npower was created to address the issue of youth unemployment in Nigeria and help to create social development. The scheme was created as part of the National Social Investment Program for unemployed graduates and non-graduates between the ages of 18 and 35. 

The scheme currently has six categories which include N-Teach, N-Health, N-Agro, N-Build, N-Creative and N-Tech. 

N-Teach and N-Health are exclusively for the graduates while N-Agro, N-Build, N-Creative and N-Tech are available to both graduates and non-graduates.