Categories: News

Federal Government Dismisses Claims of N-Power Portal Opening

The Federal Government of Nigeria has unequivocally denied the alleged opening of a portal for the Renewed Hope Job Creation program.

This announcement comes in response to circulating rumors on social media that suggested the portal was being launched for the N-Power scheme.

Dr. Akindele Egbuwalo, the National Programme Manager of N-Power, Renewed Hope Job Creation, urged Nigerians to disregard these unverified claims.

Egbuwalo stressed that these claims did not originate from the N-Power, Renewed Hope Job Creation office, categorizing them as false and misleading.

Furthermore, the government plans to announce details regarding the program in due time through the official portal.

It was earlier reported that the Federal Government intends to commence payments for the nine-month backlog owed to N-Power beneficiaries in November 2023.

The Renewed Hope Job Creation program, spearheaded by the government, aims to address unemployment issues in the country.

Dr. Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, had previously announced the intention to restructure the N-Power scheme under the leadership of the Bola Tinubu-led federal government.

However, recent developments confirm that the program’s reopening remains subject to official announcements via the government’s official channels.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

Discordant Tunes Greet 50% Tariff Hike As Subscribers Threaten To Sue NCC

Nigerians have expressed displeasure over the decision of the Nigerian Communications Commission to increase tariffs…

5 hours ago

Beatrice Ekweremadu Returns to Nigeria After Serving Sentence in UK

Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has reportedly returned…

5 hours ago

Nigeria Expands Refining Capacity with MRO Energy’s Delta State Refinery

The Federal Government has taken another step toward boosting Nigeria’s refining capacity with the approval…

5 hours ago

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…

6 hours 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…

7 hours 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…

8 hours ago