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Npower News: NASIM Provides Requirements Resolution For Failed August Stipend

Npower August payment is likely an error from the bank, says NASIM, the management of Npower

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The management of Npower, NASIM has stated that beneficiaries who have not been paid their August stipend should provide their N-Power Identification Number and their NIN for possible resolution. 

In a short statement released yesterday on the Twitter platform, NASIM noted that failed payments are likely a technical error from the bank.

NASIM added that affected beneficiaries should send the required information through any of its official social medial channels. 

It would be recalled that a number of Npower beneficiaries have complained of not being paid their August stipend despite showing otherwise on their NASIM dashboards.

Many of the affected beneficiaries have taken to social media platforms to share their experience and look for possible solutions. 

A beneficiary with the name Adamu Umaru Salihu wrote “I didn’t receive my August Stipend, my payroll shows me pending on my dashboard”. 

Another beneficiary with the name Royal Kindness stated that she has not received her August stipend while other beneficiaries using the same bank as her have received theirs. 

Investors King understands that the August stipend is the last payment for N-Power batch C, Stream 2 beneficiaries as they transit to the next phase which is “Work Nation”. 

Work Nation is an exit programme for N-Power beneficiaries where they are further trained and connected to job opportunities across the globe. 

Investors King had earlier reported how to register for the Work Nation program and prepare for the eligibility test. 

Meanwhile, NASIM has clarified that beneficiaries who have hitherto received double payments in July or any months before August will not be paid for the August stipend. 

The clarification became necessary as the number of failed August stipends began to pile up. 

NASIM thereafter added that all legitimate failed payments will be rectified as its technical team is working to resolve all backlog. 

It is understood that Npower is one of the government’s social intervention programmes to address youth unemployment in Nigeria. 

Established in 2016, it is designed to engage millions of youth in several segments which include N-teach, N-build, N-Agro, N-health, and N-creative. 

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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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