The Bola Tinubu-led government has made a promise that brings relief and renewed hope to countless N-Power beneficiaries.
After enduring eight long months of financial hardship, Batch C program participants will finally see their withheld allowances flowing into their pockets, thanks to a determined effort to rectify the program’s issues.
The N-Power National Programme Manager, Akindele Egbuwalo, officially confirmed this uplifting development.
The situation seemed bleak when the Federal Government suspended the N-Power program last week, citing the existence of ghost beneficiaries and consultants withholding funds. However, the government’s proactive measures have led to a turning point.
The N-Power program, initiated by former President Muhammadu Buhari, was designed to combat youth unemployment by providing a monthly stipend of N30,000 to beneficiaries.
Akindele shared in a statement that the Federal Ministry of Humanitarian Affairs and Poverty Alleviation has successfully recovered the necessary funds.
In a meeting with N-Power representatives, Akindele said “The good news is that the funds have been recovered, and you will be getting your money soon. Payment for N-Power Beneficiaries Batch C, who have been owed for eight months, will begin soon.”
These revelations come after the N-Power Batch C beneficiaries reached out to President Bola Ahmed Tinubu, expressing their dire situation.
The delay in stipend payments had led to immense distress and hardship for the millions of unemployed Nigerian graduates enrolled in the program.
They were informed that the delay was due to the approval and disbursement of funds by the presidency into the National Social Investment Management System (NASIMS) account.
Akindele emphasized that the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, has been actively working to address irregularities within the program and other social investment initiatives.
These efforts, according to Akindele, aim to restore faith in the government’s capacity to provide social safety coverage to the nation’s population.
As the news of impending payments spreads, the N-Power beneficiaries can now look forward to financial stability, thanks to the government’s commitment to addressing the program’s issues and delivering on President Tinubu’s Renewed Hope Mandate.