FG Gives N-power New Name, Set To Pay Backlog of Allowances To Beneficiaries

FG Gives N-power New Name, Set To Pay Backlog of Allowances To Beneficiaries

by Victor Ndubuisi
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The federal government has stated that N-power beneficiaries will begin receiving their backlog of entitlements in November.

However, Akindele Egbuwalo, the national programme manager of N-Power, who made the announcement at a meeting with some N-Power recipients in Abuja, stressed that the payments would be delivered in stages.

The National Social Investment Programme Agency (NSIPA)’s national communication manager, Jamaluddeen Kabir, acknowledged the development in a statement made in Abuja on Monday, October 16.

Egbuwalo also said that the N-Power scheme has been renamed the Renewed Hope Job Creation scheme (RHJCP).

Tinubu Govt Gives Fresh Update On Why N-power Scheme Was Suspended

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The statement read: “As a result of the temporary suspension of the programme for thorough restructuring and forensic audit, funds have been recovered from the existing payment service providers and plans have been put in place by the programme to commence disbursement of the 9 months outstanding stipends to beneficiaries from November 2023. Payments will be carried out in installments.”

Aside from rebranding the programme, Egbuwalo stated that 1 million adolescents would be absorbed each year in order to fulfil the extended aim of 5 million beneficiaries.

He stated: “In line with the new agenda of President Bola Ahmed Tinubu, the N-Power programme will be continued as Renewed Hope Job Creation Programme (RHJCP) under the supervision of the Honourable Minister, Dr. Betta Edu, which will be expanded to target 5 million beneficiaries in 5 years where 1 million youths will be absorbed each year under the graduate and non-graduate stream.”

 

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