The Federal Government has initiated the disbursement of nine months’ backlogs to N-Power Beneficiaries who had intended to stage a national protest.
Dr. Akindele Egbuwalo, the N-Power national manager, revealed this during a meeting with several N-Power beneficiaries in the Abuja office.
He also stated that the temporary suspension of the program was primarily to address concerns related to delayed stipend payments, putting beneficiaries’ issues at the forefront.
Dr. Akindele added that the temporary program suspension served as a crucial step in facilitating comprehensive restructuring and conducting a thorough forensic audit.
However, he announced that the disbursement of the nine months’ overdue stipends to beneficiaries would begin in November 2023. He further pointed out that funds had been recuperated from the existing payment services and disbursements would occur in installments.
Egbuwalo further noted the importance of transparency and accountability among N-Power program beneficiaries, aligning with the President’s Renewed Hope Job Creation Programme (RHJCP) overseen by the Honourable Minister, Dr. Betta Edu.
This initiative aims to benefit 5 million individuals, absorbing 1 million youth annually through both graduate and non-graduate streams.
A beneficiary from Yobe state, Sani Gaba, conveyed concerns, as per an N-Power source, regarding the nine-month stipend delay, highlighting that they were contemplating a national protest due to misinformation.