Categories: News

NPower Suspension: Ghost Beneficiaries and Unscrupulous Consultants Unveiled as Key Reasons

The Nigerian government has disclosed additional reasons behind the suspension of the NPower program, shedding light on ghost beneficiaries and consultants withholding participants’ funds.

The program, initiated during former President Muhammadu Buhari’s administration to tackle youth unemployment, has left over a million Nigerians unemployed following its indefinite suspension.

National Programme Manager of NPower, Akindele Egbuwalo, confirmed on Sunday that ghost workers had infiltrated the program and needed to be eliminated.

Also Read: Federal Government Suspends Npower Program Indefinitely Amid Irregularities

This revelation comes as a major blow to the scheme’s integrity and raises concerns about the misuse of public funds.

Also, Egbuwalo revealed that some consultants had been retaining funds meant for beneficiaries, even after their contracts expired in March 2023.

The government strongly condemned this practice and vowed to identify those responsible, retrieve the misappropriated funds, and ensure beneficiaries receive their entitlements.

Egbuwalo stated that the government’s commitment to restructuring and transforming the NPower program, extending its reach to include beneficiaries aged 18 to 40, up from the previous age limit of 35.

He urged Nigerians to support the temporary suspension and investigation, assuring that these measures are aimed at restoring trust in the program and ensuring its effectiveness in serving the nation’s youth.

As the government strives to rectify these issues and revamp the NPower program, Nigerians eagerly await the return of this critical initiative aimed at alleviating poverty and empowering the nation’s youth.

Investors King

Share
Published by
Investors King

Recent Posts

Eko DisCo Set for Transformation as Transgrid Enerco Signs Historic 60% Acquisition Agreement

Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity…

16 minutes ago

Metering Gap Exceeds 7 Million Despite Multilateral Loans and Government Funds

Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s…

1 hour ago

Petrol Prices Surge to N990 in Abuja, N960 in Lagos as Oil Tops $80 Per Barrel

The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at…

2 hours ago

Brent Crude at $79.38 Amid Trump’s National Energy Emergency Declaration

Oil prices remained steady on Wednesday as investors assessed the potential impact of U.S. President…

3 hours ago

Netflix Hits 302 Million Subscribers, Surpasses $10 Billion in Annual Operating Income

Netflix ended 2024 on a high note as its global subscribers rose to 302 million…

3 hours ago

PalmPay Explores Remittance Services as Part of Ambitious Global Growth Strategy

PalmPay, a leading Nigerian fintech company with over 30 million users and $6 billion in…

4 hours ago