What Is Stipend

Stipend is the sum of money paid to Npower beneficiaries for work or training completed within a particular month, the stipend for Npower graduate categories is ₦30,000 while the stipend for non graduate categories is ₦10,000.

How Stipend Is Paid

Npower beneficiaries receive their stipend from the Central Bank of Nigeria through the Nigeria Inter Bank Settlement Scheme after the stipend has been approved by the Ministry For Humanitarian Affairs.

When Stipend Is To Be Paid

Npower beneficiaries receive their stipend when their payroll tab is updated with payment data, once the payroll tab is updated with payment data then the Npower beneficiary's payment has been initiated, stipend payment all things being equal is supposed to be made at the end of the month after payroll has been cut off every 21st of the stipend payment month, payroll cut off is a situation whereby eligible Npower beneficiaries' lists due for payment are submitted to Central Bank of Nigeria and NIBSS (Nigeria Inter Bank Settlement Scheme) to effect payment, but due to bank network issues and payment processing issues the stipend payment might take a little longer. The stipend is transferred electronically either through National Electronic Funds Transfer (NEFT), NIBSS Instant Payment (NIP), depending on the mode of payment transfer the stipend payment might be slower or faster most times NIP transfers are faster than NEFT transfers.

Who Will Get The Stipend

All Npower beneficiaries that have completed their Npower registration, Npower screening process, biometrics, Npower physical verification, Npower deployment, have uploaded their deployment letter and have started working at their places of primary assignments.

Where The Stipend Payment Will Be Made

Npower beneficiaries' stipend will be credited to Npower beneficiaries' bank account, and once credited it will appear as 'paid' on the Npower beneficiary's payroll tab under the payment status.

Hmmm

Oga rest. Npower is dead after Stream C1 ended.

What's all these nonsense this guy is putting up there fgs?

Maj196:
Oga rest. Npower is dead after Stream C1 ended.

It is not dead

ezenwaez:

It is not dead

I understand, no more fake news from you for people to look at your fake blog.

Maj196:
Oga rest. Npower is dead after Stream C1 ended.

Shut the F*UK up dude.
We in C2 must collect our 12/12

ezenwaez:

It is not dead

what is all these Stipend, payroll, soon, exercise patience, shortly since last year? Is this how a so called youth empowerment program is supposed to be run? Since last year ordinary deployment tab I have complained about, called, twitted and chatted with them. They wil give their fake promises of fixing it to no avail. It's annoying already abeg