N-POWER was initiated to be a solution provider to curb the high rate of unemployment and poverty in Nigeria. However, so far, it has been a bitter-sweet experience for beneficiaries of the programme.
Investors King gathered that the monthly stipends of these beneficiaries are now unable to meet up with the economic situations in the country.
Recall that President Muhammadu Buhari, under the Social Investment Programme (SIP) and through the Ministry of Humanitarian Affairs, Disaster Management and Social Development, had said the programme was built to address the issues of youth unemployment and help increase social development, targeting youths between the ages of 18 and 35. Designed to be community-based, the exercise is to allow one million volunteers in different streams of batches.
Affirming this, Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Faroug had said: “It is a well-known fact that N-Power programme is a critical part of the National Social Investment Programmes domiciled in the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development (FMHADMSD) and designed to achieve the national objectives of poverty reduction and job creation”.
With the national minimum wage standing at N30, 000, N-Power beneficiaries are usually paid the sum of N30,000 monthly.
However, during the 2022 Worker’s Day celebration, Edo state Governor, Godwin Obaseki approved N40, 000 minimum wage for Edo state workers. The governor said the decision was to “cushion the hardship being experienced by the workers, particularly the effects of rising food prices.”
Investors King recalls that in the fourth quarter of 2015, prior to the commencement of the programme, unemployment rate in Nigeria was 12.1 per cent. However, in 2018, the rate rose to 14.23 per cent.
Currently, unemployment rate in Nigeria stands at 33.3 per cent while youth underemployment is at 42.5 per cent.
In 2021, Farouq stated that the Federal Government has approved an additional 400,000 youths have been approved for the Batch C1 programme. Since this announcement, beneficiaries have not been able to register for this Batch C2.
Several reasons have been responsible for this, from wrong deployment of Place of Primary Assignment (PPA) to delay in monthly payment.
N-POWER had severally apologised to beneficiaries over the non-payment of their stipends. It had earlier said on its official Facebook page that payment for Batch C1 have been initiated and crediting of accounts will begin, including outstanding payments.
But later, N-Power posted that network glitch was responsible for the subsequent delay.
“We did not intentionally redeployed N-power Batch C1 Beneficiaries, not at this point.
Therefore, the sudden CHANGE OF PPA and all PROCESSING PAYMENT recently changed to FAILED reading system error as encountered was as a result of NETWORK FAILURE.
“There is no cause for Alarm as our team are working to rectify it. Once that is done, your payment will be reinitiated. Please be patient,” N-Power said.
However, different reactions trailed this latest announcement. To many beneficiaries of the programme, a delay in the payment of their stipends amounts to delay for the Batch C 2 intakes.
One of the beneficiaries, SAYEDADAMADAMS said: “Why is it that the same network glitch did not fail and make their five-months paid into their accounts.”
Others lamented that the N30,000 stipend has not been able to sort their expenses due to the growing economic challenges in Nigeria.
One of the beneficiaries, Oluwafunmilayo Oluwatobi Adegun told BBC that the stipend is small, adding that the government is supposed to increase the stipend from N30, 000 as that the amount has not been able to solve anything in this country.
She said: “Many of the beneficiaries have families that depends on them to pay school fees.”
She further faulted government’s decision to disengage N-Power beneficiaries after their expiration of one year and advised that they should provide other engagements for beneficiaries.
“Government is supposed to put concrete plans in place so that the beneficiaries will not be stranded after the programme. N-Power without proper exit plan is meaningless,” she continued.
Naira4 weeks ago
Billionaire Watch4 weeks ago
Naira4 weeks ago
Naira3 weeks ago
Economy4 weeks ago
Naira3 weeks ago