₦airaland Forum

According to Npower News, beneficiaries of Npower should kindly note that Npower has not started yet, and payment to beneficiaries of Npower has not commenced yet. Npower will resume and Npower payment will recommence when Betta Edu is cleared of all crimes relating to misappropriation of public funds, as we speak the investigation is still ongoing and has not been concluded by the anti-graft agency the Economic and Financial Crimes Commission (EFCC).

According to Npower News on the FG grant otherwise known as the federal government grant, beneficiaries of Npower should kindly note that the federal government grant is not meant for only beneficiaries of Npower, but for individuals into businesses, the first phase of the disbursement of the FG grant to 100,000 businesses was concluded on Thursday 18th April 2024, although there was supposed to be massive disbursement of the FG grant yesterday according to the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, but the ministry is yet to receive the next batch of the Beneficiaries that qualify for the FG grant from the local government, once the list of beneficiaries is received by the ministry then the next phase of FG grant disbursement will commence, beneficiaries are kindly advised to exercise patience as the FG grant will be done in batches. To qualify for the FG grant the applicant must have passed the nin verification process and must own a business with an annual turnover of less than ₦3,000,000, the FG grant has closed for now.



According to Npower News on the federal government loan, the federal government loan is still ongoing and beneficiaries of Npower, and individuals with a registered business can apply for the federal government loan.



According to Npower News the Federal Government Loan Eligibility Criteria is as follows:



1) The loan amount is up to ₦1,000,000



2) Applicants applying for the federal government loan must have an existing business that must be in operation for one (1) year



3) Start-ups must be a registered business



4) Applicants applying for the federal government loan must provide CAC business registration documents



5) Applicants applying for the federal government loan must provide company’s Bank Statement(s) for a period of one (1) year (for existing business)/ Chief Promoter’s (Director or Business owner) Bank Statement(s) for a period of one (1) year (for startups)



6) Applicants applying for the federal government loan must have required monthly turnover and other things as may be requested by the bank



7) Applicants applying for the federal government loan must have a personal guarantee of the promoter



8. Applicants must have an acceptance of BVN Covenant (Global Standing Instruction- GSI), and any other thing that may be required by the bank





9) Monthly equal installment (no moratorium) over a period of 3 years



10) Manufacturers up to ₦1,000,000,000(Working Capital or Asset Financing)



11) Applicants applying for the federal government loan must have at least six months business/corporate banking relationship



12) Applicants must provide CAC business registration documents



13) Applicants must provide 12 months bank statement for other bank



14) Other documentations that may be required by the bank



Security:

As may be required by the bank



Repayment term:

i) Asset Financing

Six Months moratorium on principal and interest, five years repayment period for asset financing only

ii) Working Capital Financing

Twelve months equal installment of principal and interest



Frequently Asked Questions With Respect To The Federal Government Loan



Q. How do I access the federal government loan?



A. Apply for the federal government loan by contacting WhatsApp number 08029815618 to get the official federal government loan application link, while disbursement will be done by your bank if you meet the eligibility criteria.



Q. How will I know if I qualify for the federal government loan?



A. The criteria are provided above



Q. What are the terms of the federal government loan?



A. The federal government loan term is 36 months for MSMEs and Manufacturers (Working capital) is 12 months, while Manufacturers (Asset financing) has a 60-month tenor with a six-month moratorium.



Q. What if I don’t meet the criteria? Will I be considered for the federal government loan?



A. No you will not be considered for the federal government loan



Q. What is the interest rate of the federal government loan?



A. The interest rate for the federal government loan is 9% per annum.



Q. Is there a moratorium period for the federal government loan?



A. There is a six-month moratorium period for Manufacturers applying for asset financing only.



Q What if I cannot pay back the federal government loan?



A. If you cannot pay back the federal government loan, the bank will apply all legal measures to recover the federal government loan from the borrower.



Q. Can I apply with a partner company for the federal government loan?



A. Applicant must have a registered business either as a Sole proprietorship, Partnership, or a Limited liability company



Q. Is there an age limit to the federal government loan application?



A. Yes, applicants/promoters of the company have to be 18 years and above.



Q. How long will it take from when I apply to when I get the federal government loan?



A. Getting the federal government loan, is dependent on your bank; however, it is typically expected to take 2 weeks.





Q. Can I apply for the federal government loan with different companies?



A. No, multiple applications will be disqualified.



Q. What are the repayment terms of the federal government loan?



A. Equal and consecutive monthly repayment of principal and interest for the tenor of the loan.



Q. How do I know the status of my federal government loan application?



A. You can check the status of your federal government loan application by logging into your profile. Once your federal government loan application has been forwarded to your bank for processing, you should follow up with your bank for updates.



Q. Can I reapply if my federal government loan application is rejected?



A. You may be able to reapply for the federal government loan if the reason for the rejection is a minor issue. You will be notified of the rejection and advised to provide additional information.



Q. When is the deadline for the submission of federal government loan applications?



A. Deadline will be communicated later.

Npower don end since. All you lazy Nairaland children who fed fat for eight years plus should find something meaningful to do.

ezenwaez:
According to Npower News, beneficiaries of Npower should kindly note that Npower has not started yet, and payment to beneficiaries of Npower has not commenced yet. Npower will resume and Npower payment will recommence when Betta Edu is cleared of all crimes relating to misappropriation of public funds, as we speak the investigation is still ongoing and has not been concluded by the anti-graft agency the Economic and Financial Crimes Commission (EFCC).

According to Npower News on the FG grant otherwise known as the federal government grant, beneficiaries of Npower should kindly note that the federal government grant is not meant for only beneficiaries of Npower, but for individuals into businesses, the first phase of the disbursement of the FG grant to 100,000 businesses was concluded on Thursday 18th April 2024, although there was supposed to be massive disbursement of the FG grant yesterday according to the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, but the ministry is yet to receive the next batch of the Beneficiaries that qualify for the FG grant from the local government, once the list of beneficiaries is received by the ministry then the next phase of FG grant disbursement will commence, beneficiaries are kindly advised to exercise patience as the FG grant will be done in batches. To qualify for the FG grant the applicant must have passed the nin verification process and must own a business with an annual turnover of less than ₦3,000,000, the FG grant has closed for now.



According to Npower News on the federal government loan, the federal government loan is still ongoing and beneficiaries of Npower, and individuals with a registered business can apply for the federal government loan.



According to Npower News the Federal Government Loan Eligibility Criteria is as follows:



1) The loan amount is up to ₦1,000,000



2) Applicants applying for the federal government loan must have an existing business that must be in operation for one (1) year



3) Start-ups must be a registered business



4) Applicants applying for the federal government loan must provide CAC business registration documents



5) Applicants applying for the federal government loan must provide company’s Bank Statement(s) for a period of one (1) year (for existing business)/ Chief Promoter’s (Director or Business owner) Bank Statement(s) for a period of one (1) year (for startups)



6) Applicants applying for the federal government loan must have required monthly turnover and other things as may be requested by the bank



7) Applicants applying for the federal government loan must have a personal guarantee of the promoter



8. Applicants must have an acceptance of BVN Covenant (Global Standing Instruction- GSI), and any other thing that may be required by the bank





9) Monthly equal installment (no moratorium) over a period of 3 years



10) Manufacturers up to ₦1,000,000,000(Working Capital or Asset Financing)



11) Applicants applying for the federal government loan must have at least six months business/corporate banking relationship



12) Applicants must provide CAC business registration documents



13) Applicants must provide 12 months bank statement for other bank



14) Other documentations that may be required by the bank



Security:

As may be required by the bank



Repayment term:

i) Asset Financing

Six Months moratorium on principal and interest, five years repayment period for asset financing only

ii) Working Capital Financing

Twelve months equal installment of principal and interest



Frequently Asked Questions With Respect To The Federal Government Loan



Q. How do I access the federal government loan?



A. Apply for the federal government loan through by contacting WhatsApp number 08029815618 to get the official federal government loan application link, while disbursement will be done by your bank if you meet the eligibility criteria.



Q. How will I know if I qualify for the federal government loan?



A. The criteria are provided above



Q. What are the terms of the federal government loan?



A. The federal government loan term is 36 months for MSMEs and Manufacturers (Working capital) is 12 months, while Manufacturers (Asset financing) has a 60-month tenor with a six-month moratorium.



Q. What if I don’t meet the criteria? Will I be considered for the federal government loan?



A. No you will not be considered for the federal government loan



Q. What is the interest rate of the federal government loan?



A. The interest rate for the federal government loan is 9% per annum.



Q. Is there a moratorium period for the federal government loan?



A. There is a six-month moratorium period for Manufacturers applying for asset financing only.



Q What if I cannot pay back the federal government loan?



A. If you cannot pay back the federal government loan, the bank will apply all legal measures to recover the federal government loan from the borrower.



Q. Can I apply with a partner company for the federal government loan?



A. Applicant must have a registered business either as a Sole proprietorship, Partnership, or a Limited liability company



Q. Is there an age limit to the federal government loan application?



A. Yes, applicants/promoters of the company have to be 18 years and above.



Q. How long will it take from when I apply to when I get the federal government loan?



A. Getting the federal government loan, is dependent on your bank; however, it is typically expected to take 2 weeks.





Q. Can I apply for the federal government loan with different companies?



A. No, multiple applications will be disqualified.



Q. What are the repayment terms of the federal government loan?



A. Equal and consecutive monthly repayment of principal and interest for the tenor of the loan.



Q. How do I know the status of my federal government loan application?



A. You can check the status of your federal government loan application by logging into your profile. Once your federal government loan application has been forwarded to your bank for processing, you should follow up with your bank for updates.



Q. Can I reapply if my federal government loan application is rejected?



A. You may be able to reapply for the federal government loan if the reason for the rejection is a minor issue. You will be notified of the rejection and advised to provide additional information.



Q. When is the deadline for the submission of federal government loan applications?



A. Deadline will be communicated later.

please do I need to go to my local government to register again for the grant not loan oooo after the online registration I did last year November.........pls note I have received an SMS to verify my NIN which, I have done so since last two weeks.

drop the application link here if no be scam

Na till thy kingdom come Go hustle

Npower News Sunday June 16th 2024

According to Npower News Sunday June 16th 2024 there is an unconfirmed and unverified news regarding Npower payment from a tweet on x which says "The much awaited payments to NPOWER volunteers is finally coming." While we continue to monitor the situation regarding Npower payment to Npower batch c beneficiaries, Npower batch c beneficiaries have given the Federal Government of Nigeria up till this week to lift the suspension of Npower and commence Npower payment to beneficiaries of Npower batch c.
Recall that in previous publications the National Coordinator of Npower have said that Npower payment will start in June although the month of June has not ended yet but beneficiaries of Npower batch c have said that the waiting game is over and are giving the Presidency up till this week to listen to their request for Npower payment to be made otherwise a massive demonstration will take place in Abuja and other states in Nigeria. Beneficiaries of Npower are being owed for 12 months and some beneficiaries of Npower batch c are being owed for 9 months, under the graduate and non graduate categories of Npower. A beneficiary of Npower, (name withheld) claimed that he is yet to receive a dime since he started the Npower program two years ago, another beneficiary of Npower also said that he has only received just one month payment out of 12 months and his place of primary assignment is extremely far from his residence and he spends a lot on transportation. Betta Edu the ex-Minister for Humanitarian Affairs and Poverty Alleviation only made one month payment and after that she was removed as the Minister for Humanitarian Affairs and Poverty Alleviation and since then beneficiaries of Npower batch c have been left in the dark.
Beneficiaries of Npower are calling on relevant stakeholders in the Ministry for Humanitarian Affairs and Poverty Alleviation to promptly look into their situation and ensure that the suspension of Npower is lifted so that they can start receiving their Npower payment especially in this period of economic hardship in the country.

Npower News Today Monday June 17th 2024, Npower Batch C Beneficiaries Writes An Open Letter To President Bola Ahmed Tinubu

According to Npower News today Monday June 17th 2024, Honourable Comrade Mustapha Ali Buni, Npower National Coordinator has written an open letter to President Bola Ahmed Tinubu on behalf of Npower batch c beneficiaries regarding the delay in their Npower payment, below is the content of the letter and it reads thus:

"The Presidency Asorock Villa Abuja Federal Capital Territory,

His Excellency Honourable Asiwaju Bola Ahmad Tinubu
President of the Federal Republic of Nigeria

Dear Sir,

I hope this letter finds you well. Firstly, I would like to extend my warm wishes to you and your family on this special occasion of Eid Mubarak. May this festive season bring you joy, peace, and prosperity.

I am writing to kindly remind you of the promises made to the Npower beneficiaries regarding the settlement of their backlogs payment that has been pending for eight to nine months now. As you are aware, these beneficiaries have been patiently waiting for their rightful dues and it is crucial that they receive the financial support they deserve.

On this Worker's Day, a day dedicated to honoring the hard work and dedication of workers across the nation, it is only fitting that we address the concerns of these beneficiaries who have been tirelessly serving their communities through various empowerment programs.

Your administration has been committed to improving the lives of Nigerians and ensuring their well-being. I sincerely hope that you will prioritize the resolution of this issue and fulfill the promises that were made to the Npower beneficiaries.

I believe that by taking action to settle their backlogs payment, you will not only uplift the spirits of these individuals but also demonstrate your dedication to fulfilling your responsibilities as the leader of our great nation.

Once again, I wish you all the best in your administration and I look forward to seeing positive outcomes for the Npower beneficiaries.

Thank you for your attention to this matter.

Warm regards,

Hon.Comrade Mustapha Ali Buni, The Political Pillar.
08066690106."

Npower batch c beneficiaries are being owed for 9 to 12 months and the Presidency promised to make Npower payment by June 15th but it seems like the Presidency have failed to fulfill that promise thereby putting Npower batch c beneficiaries in the dark, with this letter Npower batch c beneficiaries are optimistic that the Federal Government of Nigeria will promptly look into their blight and commence Npower payment to cushion the effect of economic hardship on these Npower batch c beneficiaries.
https://www.facebook.com/share/p/fgBugt7X8kwjRzov/?mibextid=oFDknk

NDSMELODY:
please do I need to go to my local government to register again for the grant not loan oooo after the online registration I did last year November.........pls note I have received an SMS to verify my NIN which, I have done so since last two weeks.

The only people that are to go to their local government area are applicants that were sent text messages to proceed to their local government for data capturing, if you were not sent the text message exercise patience you will receive your grant.

backtalkG:
drop the application link here if no be scam

What link?

Latest Npower News Update Regarding Payment To Npower Batch C Beneficiaries Today June 19 2024


Here are the latest updates on the Npower payment to Npower batch c beneficiaries today June 19 2024:

1) Npower payments to Npower batch c beneficiaries are on hold while the investigation happens.

2) The Economic and Financial Crimes Commission (EFCC) is still interrogating officials they suspect of stealing money from the Npower programme.

3) President Bola Ahmed Tinubu says his government wants to make sure Npower and other National Social Investment Programmes are run honestly and help beneficiaries the way they were designed to.

4) Some money has been recovered, from some consultants which could be good news for Npower batch c beneficiaries who were supposed to get their Npower payment.

5) The federal government is trying to fix the problems regarding Npower payment so that the Npower program can run well again.

6) The National Social Investment Management System (NASIMS) has asked the current batch of beneficiaries of the Npower scheme to be observant. Npower batch C beneficiaries are advised to keep observing their Npower portal frequently for any update.

7) NASIMS said Npower backlog payments for validated accounts of beneficiaries of the federal government’s Npower scheme, are being made bit by bit.

Source: https://www.bing.com/search?q=Npower+News+update+regarding+payment+to+Npower+batch+c+beneficiaries+today+June+19+2024&safeSearch=strict&form=METAMG&fbclid=IwAR3j0iwbLX28KsHTGMZucGtq8TQJs_usAF2dGpBtFOJuviZ8Kzg70ImyK0E

Federal Government Grant Yet To Hit The 1290 Maximum As Applicants Await Final Federal Government Grant Disbursement

Observations on the federal government grant portal shows that no local government area has gotten to 1290, Konshisha with 1224 being the closest to 1290 beneficiaries for the federal government grant. Applicants yet to receive the federal government grant are implored to exercise patience as the federal government grant disbursement has not been concluded. According to the Minister for Industry Trade and Investment Doris Nkiruka Uzoka-Anite at the end of the disbursement of the federal government grant the names and list of all 1,000,000 beneficiaries will be published on the federal government grant portal, the minister said that applicants that fail the NIN verification process will not be considered and they should apply for the ongoing federal government loan application with their CAC or SMEDAN certificates.
The federal government grant will not be repaid by beneficiaries unlike the federal government loan which will be repaid at the end of the loan tenure. Beneficiaries of the federal government grant will receive ₦50,000 while beneficiaries of the federal government loan will receive ₦1,000,000. The federal government loan application is still ongoing but will be closing soon, after that the federal government loan will be disbursed, this will be done after the federal government grant has been cleared and all eligible beneficiaries have all received their federal government grant. Applicants that applied last year but failed to update their NIN on the federal government grant portal will not receive the federal government grant, applicants that received text message to update their NIN and did likewise will receive the federal government grant, applicants sent messages to go to their local government area for data capturing and have completed this process will receive the federal government grant. Applicants that have already received the federal government grant but received the text messages to proceed to their local government area for data capturing might ignore the message since they have already received the federal government grant. The federal government grant is a one time payment and no beneficiary can receive the federal government grant twice as people might have claimed and this is the essence of the NIN verification. The NIN verification process prevents disbursement of federal government grant to the same person twice and ensures that the right individual receive the federal government grant and not a 'ghost' beneficiary. The federal government grant application has ended although their are some grants available online like the fgn alat and other initiatives. Individuals, applicants and even beneficiaries of Npower have been advised to capitalize on these opportunities while awaiting their Npower payment.

The federal government grant was launched last year by President Bola Ahmed Tinubu as part of the Renewed Hope Agenda to cushion the effect of inflation and economic hardship to the poor and vulnerable, to enable these beneficiaries of the federal government grant to start up nano businesses in their immediate communities.

Npower News Today Friday June 21st 2024

According to Npower News today Friday June 21st 2024, beneficiaries of Npower batch c are to take note of the following below:


1) Npower payment to beneficiaries of Npower batch c will start in June 2024.

2) The Federal Government of Nigeria has said that a new structure for its famed Npower scheme will be launched soon, and Npower arrears will be paid to eligible beneficiaries of Npower batch c soon.

3)The Npower national coordinator implored beneficiaries of Npower batch c to check their phones and accounts for the payment of the federal government grant while awaiting Npower payment.

4) The Npower national coordinator also said that the Executive Committee Members (EXCOS) are planning to go to Abuja to process the payment of the stipend being owed beneficiaries of Npower batch c.
In this context, "the EXCOS are planning to go to Abuja to process the payment of the stipend being owed beneficiaries of Npower batch c" this implies that the leadership team is taking steps to address the Npower payment issues and ensure that beneficiaries of Npower batch c receive their stipends.

5) President Bola Ahmed Tinubu lifted the suspension of the Conditional Cash Transfer (CCT) program as President Bola Ahmed Tinubu celebrated his one year in office.

Latest News on Npower Payment Today Saturday June 22 2024



According to Npower News on Npower payment today Saturday June 22 2024, President Bola Ahmed Tinubu suspended Npower which is under the National Social Investment Programmes Agency (NSIPA) in January 2024. The suspension of Npower occurred because of suspected irregularities within the Ministry for Humanitarian Affairs and Poverty Alleviation.
According to Npower News, an initial investigation was planned for six weeks but the situation has become more complex. The Economic and Financial Crimes Commission (EFCC) found and recovered ₦30,000,000,000 from the Ministry for Humanitarian Affairs and Poverty Alleviation, the ministry in charge of Npower. This recovered monies may be used to restart payments to Npower batch c beneficiaries in the Npower program.
The Economic and Financial Crimes Commission (EFCC) is still interrogating officials they suspect of embezzling funds from Npower. There is no confirmed date for restarting Npower payments to beneficiaries of Npower batch c.
Npower will share updates once the suspension is lifted or there are significant developments in the investigation.

Latest News on Npower Payment Today Saturday June 22 2024



According to Npower News on Npower payment today Saturday June 22 2024, President Bola Ahmed Tinubu suspended Npower which is under the National Social Investment Programmes Agency (NSIPA) in January 2024. The suspension of Npower occurred because of suspected irregularities within the Ministry for Humanitarian Affairs and Poverty Alleviation.

According to Npower News, an initial investigation was planned for six weeks but the situation has become more complex. The Economic and Financial Crimes Commission (EFCC) found and recovered ₦30,000,000,000 from the Ministry for Humanitarian Affairs and Poverty Alleviation, the ministry in charge of Npower. This recovered monies may be used to restart payments to Npower batch c beneficiaries in the Npower program.
The Economic and Financial Crimes Commission (EFCC) is still interrogating officials they suspect of embezzling funds from Npower. There is no confirmed date for restarting Npower payments to beneficiaries of Npower batch c.
Npower will share updates once the suspension is lifted or there are significant developments in the investigation.

Image credit: https://www.facebook.com/share/p/kKUixQtwwqzsh7P6/?mibextid=qi2Omg

Npower News on Npower Registration and Npower Payment

According to Npower News on Npower registration from reliable sources online,
Npower registration 2024 will start before the end of the year. Npower portal will be opened soon. The Npower program will be for one year duration.
Stipend will be approved in line with the new minimum wage.
According to Npower News on Npower payment, the EXCOS and beneficiaries are still awaiting feedback from the letter being sent to former Vice President Alhaji Atiku Abubakar regarding non payment of 9-12 months stipends to beneficiaries of Npower batch c.

Npower News Today Wednesday 26th June 2024

According to Npower News today Wednesday 26th June 2024, President Bola Ahmed Tinubu made an important decision to lift the suspension on the Conditional Cash Transfer (CCT) program. This announcement, made during President Bola Ahmed Tinubu's one year in office address, depicts the federal government’s ongoing dedication to providing financial support and assistance to poor and vulnerable households through the Conditional Cash Transfer (CCT) Programme. The NASSPS-SU Stepdown Training Orientation is currently taking place in various states across the federation. This training aims to educate desk officers, enumerators and enrollment officers on the new changes in the Conditional Cash Transfer Programme, making sure that the Conditional Cash Transfer Programme meets its set objectives of providing financial support to the poor and vulnerable to cushion the effect of inflation on these individuals.

Despite the resumption of the Conditional Cash Transfer (CCT) Programme, President Bola Ahmed Tinubu did not provide any update with respect to Npower program. As the moment, Npower remains suspended.

According to Npower News, beneficiaries of Npower batch c should kindly note that Npower payment can still be made despite the fact that Npower is still suspended. These Npower payments are considered debts owed to beneficiaries of Npower batch c, and it is up to the NASIMS to decide when to pay beneficiaries of Npower batch c.

In conclusion the final decision with respect to the continuation of Npower rest solely on President Bola Ahmed Tinubu. Until President Bola Ahmed Tinubu makes a decision on the lifting of the suspension of Npower, Npower will remain suspended.

Source: https://goldennewsng.com/latest-npower-news-for-june-2024-backlog-payments-and-program-updates/

Npower News Wednesday 26th June 2024 Beneficiaries Of Npower Batch C Writes To President, National Assembly and Other Stakeholders

According to Npower News, the National Chairman comrade Muhammad Habibu Abubakar and the National Vice Chairman Idris Sani have written a letter to former the President, National Assembly and other Stakeholders over the non payment of 9-12 months stipends being owed beneficiaries of Npower batch c.
An original copy of the letter is shown below:


Image Source: https://www.facebook.com/share/p/VvVZqnbFcCgpxoCM/?mibextid=xfxF2i

Npower News Regarding Npower Payment Today Wednesday 26th June 2024

According to Npower News Regarding Npower Payment Today Wednesday 26th June 2024, Npower payment to beneficiaries of Npower batch c cannot start unless Betta Edu has been cleared by the Economic and Financial Crimes Commission (EFCC).The suspension of Npower by President Bola Ahmed Tinubu has not been lifted.
According to Npower News, training of desk officers prior to the Conditional Cash Transfer Programme is currently ongoing in different states across Nigeria. The training in some states have been concluded but the cash transfer office across the states are waiting for the go ahead to commence enrollment of the poor and vulnerable households.
There are reports online claiming that there is no more Npower, that according to audits over 30% of the Npower beneficiary are ghost beneficiary and that the Npower payment proposal has been rejected three times and the Federal Government of Nigeria cannot make payment to beneficiaries of Npower, please this information is not true. A letter has been submitted to the Presidency and the former Vice President of Nigeria Alhaji Atiku Abubakar and beneficiaries of Npower batch c are still awaiting the feedback from the Presidency and the former Vice President.

Latest News on Npower Payment Today June 27th 2024



According to Npower News on Npower payment today June 27th 2024, President Bola Ahmed Tinubu suspended four programs run by the National Social Investment Programmes Agency (NSIPA), including Npower, as a result of concerns about how funds were being used in these programs.
According to Npower News, the Economic and Financial Crimes Commission (EFCC) found and recovered ₦30,000,000,000 from contractors that was lost and this fund is hoped to be used to restart payments to beneficiaries of Npower batch c in the Npower program soon.
The Economic and Financial Crimes Commission (EFCC) is still investigating officials they suspect of embezzling funds from the National Social Investment Programmes, including the previous program leader Ms Halima Shehu and Betta Edu who used to work in the Ministry for Humanitarian Affairs and Poverty Alleviation the ministry that oversaw the National Social Investment Programmes.
In conclusion Npower payments to beneficiaries of Npower batch c is on hold while the investigation is ongoing.

Federal Government Grant: The Disbursement Process Is Still Ongoing, And We Have Allocated About 60% of the 1,000,000 Grants - Honourable (Dr) Doris Nkiruka Uzoka-Anite

According to the Minister of Industry, Trade and Investment of the Federal Republic of Nigeria, Honourable (Dr) Doris Nkiruka Uzoka-Anite all applicants of the federal government grant who are yet receive the federal government grant, should kindly note that the federal government grant disbursement process is still ongoing, and according to the Minister the Bank of Industry have allocated about 60% of the 1,000,000 federal government grant. Applicants can track the number of beneficiaries per Local Government Area (LGA) that have received the federal government grant so far on https://grant.fedgrantandloan.gov.ng/learn-more/disbursement.

The minister said "It is important to note that almost 4,000,000 Nigerians applied for the federal government grant of ₦50,000, but only 1,000,000 beneficiaries can be accommodated. This implies that not all applicants will receive the federal government grant. The selection is not based on who applied first for the federal government grant; everyone has an equal chance but by random computer generated selection. While President Bola Ahmed Tinubu may launch other social intervention programs in the future, there are no immediate plans at this time."

The Minister further said "the teams in my office and BOI have worked tirelessly to ensure this process is fair and accurate. Testimonial videos are already being shared, showcasing how the grant has positively impacted lives and we will share many more. We have prioritized accuracy over speed to ensure every Nigerian who applied has a fair shot. We had hoped to complete all 1,000,000 disbursements by now but the process has been delayed due to incorrect or missing data, duplicate and spurious applications, which we have had to meticulously clean up to ensure eligibility and validation."

The Minister for Industry, Trade and Investment Doris Nkiruka Uzoka-Anite also said "we are also at the final stages of vetting for the MSME and Manufacturing loans. Applications remain open, and disbursement will begin by July ending.

Finally, it is your right as citizens to criticise and hold the government accountable. However, we encourage constructive feedback without resorting to abuse or bigotry. Personal insults and hate speech are not likely to aid your applications and will not be tolerated. Together, we can build a more prosperous Nigeria. Thank you once again."


Source: https://x.com/DrDorisAnite/status/1806379734512869718

Federal Government Grant: State Social Register Might Be Used To Share ₦50,000 To Help 100,000 Households Across Nigeria


President Bola Ahmed Tinubu don direct di sharing of money to plenty plenty families for di thirty six states of Nigeria as part of goment effort to reduce di hardship wey pipo dey face.

For di National Economic Council meeting on Thursday, di presido Bola Ahmed Tinubu tok say goment go distribute "₦50,000 uplift grant each to 100,000 families per state for three months".

Dat na ₦5,000,000,000 per state, ₦185,000,000,000 for di thirty six states plus FCT, and ₦555,000,000,000 for di three months.

Dis project follow for a new 'National Construction and Household Support Programme' wey Presido Bola Ahmed Tinubu tok say im administration dey kickstart.

Di programme go also include "deployment of ₦155,000,000,000 to buy and sell assorted foodstuff wey goment go distribute across di nation".

Oda tins wey follow for this support programme wey federal goment wan start na:

Federal Government go give states and FCT ₦10,000,000,000 each to buy CNG buses for mass transit to reduce transportation cost.

Goment go make provisions for Labour and Civil society organisations. E neva dey clear wetin dis provisions go be

Goment go do fast fast construct di Sokoto-Badagry Highway, wey go connect Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos. Dis na sake of easy transportation of food produce from di north to di western parts of Nigeria

Bola Ahmed Tinubu also approve money to complete di Port Harcourt-Maiduguri Railway; wey connect Rivers, Abia, Enugu, Benue, Nasarawa, Plateau, Bauchi, Gombe, Yobe and Borno

How goment go select families wey go benefit for the federal government grant?

Di statement wey Ajuri Ngelale, di toktok pesin for President Bola Ahmed Tinubu, bin release, no get clear explanation about how dem go choose families.

Oga Ajuri Ngelale no dey reachable wen BBC Pidgin call am for more explanation on Friday. E no also reply message wey we send am.

Dis no be di first federal government grant wey Presido Bola Ahmed Tinubu dey share to poor pipo and households. For 2023, Presidio Bola Ahmed Tinubu announce one 'Conditional Cash Transfer' programme.

E say goment go dey pay ₦8000 evri month give 12,000,000 poor and low-income households for a period of 6 months.

Dat time, to qualify for di conditional cash transfer scheme you must fulfil certain conditions.

Goment say di moni na for pipo wey dey earn less dan $1.95 or N1500 in a day, and di names of pipo wey fall under dat bracket dey inside di National Social Register.

Na informate from dat register goment go use pay pipo di money.

But for inside di statement on Thursday, Presido Bola Ahmed Tinubu tok say "states must work together to deliver on di critical reforms required of us to meet di needs of our people".

During di time of President Muhammadu Buhari, e start a program - National Social Safety Nets Project - wey create a 'National Social Register'.

Dis national social register get information about pipo wey go dey benefit from goment social assistance programs across all di states and di FCT; and by di time Buhari tenure finish, goment tok say di list contain over 16,000,000 households, and more dan 61,000,000 vulnerable pesin wey don register.

Na di national social register Federal Government bin take dey pay poor pipo ₦5000 every month for di conditional cash transfer project wey Buhari bin start.

However, two months afta Presido Bola Ahmed Tinubu take ova, in July 2023, di National Economic Council - wey get all di state govnors as members - tok say dem no go use dat social register again sake of say e no dey credible.

Anambra State govnor, Chukwuma Soludo bin tell tori pipo dat time say NEC agree make states come up wit dia own registers "using formal and informal means".

So di state social registers fit be one of di options to use for di disbursement of di ₦50,000 federal government grant to di housholds wey go benefit.

Source: https://www.bbc.com/pidgin/articles/cw0y57jnd8wo

Latest Npower News Today Saturday June 29th 2024

According to latest Npower News today Saturday June 29th 2024, the Npower National Coordinator through the National Association of Npower Beneficiaries Facebook handle have made a statement on Facebook concerning the next course of action to be taken, the statement reads in part, kindly see statement below:

"at this point, you all should be ready to support this incoming Protest with any little way you can.
You can come to Abuja and Participate. You can sponsor someone if you won't make it to Abuja.
Try and be part of this last drive towards securing our unpaid 9 months stipends!!! On June 29 2020, Portal for Application into Npower Batch C was opened.

It is a shame that today being June 29, 2024 exactly 4 years later, the Beneficiaries are still crying over their unpaid 9-12 months outstanding stipends. Pay Npower Beneficiaries now!!!
Atiku Abubakar Asiwaju Bola Ahmed Tinubu."

The Npower national coordinator further said "Nobody should post any Cryptocurrency related stuffs in any of our WhatsApp group again please.
Once you are caught violating this, we will remove you immediately."

Npower batch c beneficiaries are being owed 12 months stipends and the Federal Government of Nigeria is yet to say anything regarding these unpaid stipends, and this has continued to stir resentments amongst beneficiaries of Npower batch c, several beneficiaries of Npower batch c have lost hope and confidence in the Npower program and are resorting to a peaceful demonstration so as to make their voices heard. Npower batch c beneficiaries hopes and are optimistic that with these organized peaceful demonstration the federal government of Nigeria will promptly look into their request.

Some Frequently Asked Questions and Answers Regarding The Federal Government Grant And Federal Government Loan

The following below highlights some Frequently Asked Questions and Answers regarding the federal government grant and federal government loan:

Q. Why not add the names of the beneficiaries to the total? I viewed some Local Government Areas on the federal government grant portal and only saw the total number of those who benefitted from the federal government grant without their names. It is necessary to add names please so that one can verify.

A. This will be done when the federal government grant disbursement process has been completed.

Q. My concern is to why did you allow up to 4,000,000 persons to apply for the federal government grant when you can just accept 1,000,000 and the federal government portal stops receiving applications.

A. Good question. To buttress what was said earlier, unfortunately not all the federal government grant applications were eligible so we had to ensure there were enough eligible federal government grant applications in order to process them. Secondly, we had to give every applicant a fair chance to apply for the federal government grant which is why the federal government grant portal remained open for so long.

Q. The disbursement process is still ongoing”
can you clarify the above statement because it is contradictory.

A. There is no contradiction. To all applicants of the Federal Government Grant who are yet to be paid. The disbursement process is still ongoing, and we have allocated about 60 percent of the 1,000,000 federal government grant. You can track the number of beneficiaries per LGA paid so far on the federal government grant portal. We are also at the final stages of vetting for the federal government loan. Applications remain open, and disbursement will start by July ending.


Q. How about the federal government loan, I was called to the local government office for biometric capture over two months ago but nothing yet.

A. We are at the final stages of vetting for the Micro Small and Medium Enterprise (MSME) and Manufacturing loans otherwise known as the federal government loan. Applications for the federal government loan remain open, and disbursement of the federal government loan will begin by July ending.

Q. You mean disbursement for the federal government loan will start by July ending?

A. Yes. Disbursement of the federal government loan will start by July ending.

Npower News: National Social Investment Programmes Agency Chief Executive Officer Akindele Egbuwalo Cannot Explain Why Beneficiaries of Npower Batch C Have Not Received Their Stipend


Akindele Egbuwalo, the Chief Executive Officer of the National Social Investment Programmes Agency (NSIPA), has failed to explain why four hundred thousand beneficiaries of Npower batch c have not received their 9 - 12 months Npower payment amounting to ₦108,000,000,000.

Akindele Egbuwalo was summoned on Tuesday to share the National Social Investment Programmes Agency's current status regarding Npower payment, but Akindele Egbuwalo said that the National Social Investment Programmes Agency’s communication department was in charge of updates.

“I don’t grant such interviews on the phone, and the communication department is in charge to update you on the relevant answers you need to your questions,” Akindele Egbuwalo said.

Beneficiaries of Npower batch c complained about the non payment of their stipends by the federal government for several months in 2023. The beneficiaries of Npower batch c created their own association through which Npower representatives communicated with the federal government.


One of the beneficiaries of Npower batch c said they had to carry out demonstrations in front of the federal government secretariat in Abuja.

They have demonstrated on three separate occasions already.

“Four hundred thousand Npower beneficiaries of Batch C, Stream 2, are being owed. They have not paid us after a series of peaceful demonstrations. After going to Abuja time and time again, nobody was paid even after the president approved the payments in December,” the beneficiary of Npower batch c said on Tuesday.

“We saw it in the news on the 22nd of December that the president approved payments for Npower beneficiaries, and we were paid for one month the next day. The remaining stipends did not follow that one-time payment in December. They owe beneficiaries 9 months of stipends.

“Every beneficiary is entitled to a thirty thousand naira monthly stipend. Each of those four hundred thousand beneficiaries has not received that stipend for nine months. We have written numerous letters, but there is nothing to show for them today.

“The director of the NSIPA keeps telling us that the programme has been suspended by the president and they cannot do anything for now. He says that if we are to agitate for anything, we cannot carry out demonstration for payment; the only thing we can do now is to find a way to appeal to Mr. President to lift the suspension placed on the National Social Investment Programme. Once that is done, we can then start talking about resumption of Npower payments.”


If four hundred thousand Npower beneficiaries say the government has withheld two hundred and seventy thousand naira from them each, the government owes them ₦108,000,000,000.

President Bola Ahmed Tinubu, suspended the National Social Investment Programmes Agency and all related activities in January for 6 weeks. President Bola Ahmed Tinubu had suspended Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation who oversaw the National Social Investment Programmes Agency (NSIPA), after a memo showed Betta Edu request for transfer of ₦585,000,000 public funds to a personal bank account.

President Bola Ahmed Tinubu also suspended the former Chief Executive Officer (CEO) of the National Social Investment Programmes Agency Ms. Halima Shehu, in January.

In April, the anti-graft agency, that is the Economic and Financial Crimes Commission (EFCC) said that it had recovered ₦30,000,000,000 while investigating personal bank accounts linked to the former Minister for Humanitarian Affairs and Poverty Alleviation Betta Edu, and that investigation on the matter is still ongoing.

Source: https://fij.ng/article/nsipa-ceo-akindele-egbuwalo-cant-explain-why-n-power-beneficiaries-havent-received-owed-n108b/

Video: Npower Status And Other Social Investment Programmes Status Explained


Everything with respect to Npower, Npower payment, Npower Registration, Conditional Cash Transfer, Federal Government Grant, Student Loan, Federal Government Loan all explained, due to the size of the video it could not be uploaded here but you can watch the video it has two parts.



Video1:https://www.facebook.com/share/v/gLEVSqarUn4fDKbq/?mibextid=qi2Omg

Video2: https://www.facebook.com/share/v/B4bDT1xvwKMbZ4m4/?mibextid=qi2Omg

Npower News today Tuesday July 9th 2024

Kindly watch video at
https://www.facebook.com/share/v/cZnwGu4gimyxmyuy/?mibextid=qi2Omg

Npower News: There Is No Friction Between Executive Committee Members - Adeshina A. Adex

According to Npower News, the National Publicity Secretary Adeshina A. Adex have said that there is no friction between the Executives, Adex said that the Association of Npower beneficiaries are one and united in one spirit and beneficiaries should ignore any rumour saying that the Association is not united.
According to Npower News, Adeshina Adex has reiterated that the Executives will be meeting with the Presidency and all top officials of the Ministry for Humanitarian Affairs and Poverty Alleviation to analyze their offer to beneficiaries of Npower batch c. Adeshina Adex further said that if the terms of the stakeholders of the Ministry for Humanitarian Affairs and Poverty Alleviation and the Presidency do not align with the objectives of Npower batch c beneficiaries, then there will be a demonstration in front of the National Assembly.
According to Adeshina A. Adex the Executives and other representatives of beneficiaries of Npower batch c nationwide will be leaving for Abuja on the 21st of July while the meeting with top officials of the Ministry is slated for 22nd July. Adeshina Adex charged beneficiaries of Npower batch c to be hopeful and optimistic in this race for the actualization of their goals.

Source: https://m.facebook.com/story.php?story_fbid=pfbid034NKvsV62twhZGUAPbXKUVWWC81SfMKL4fxS4ThKkaLS7SB3rw4zU9jyEbuPm97xnl&id=100070134780663&mibextid=Nif5oz

Npower Payment News today Thursday July 11th 2024

Video: https://www.facebook.com/share/v/mGTPxFCp8M3kB5Qq/?mibextid=oFDknk

Update on federal government grant and federal government loan

Video: https://www.facebook.com/share/v/JkjdMAB5CfvHeW8h/?mibextid=oFDknk

Npower News Today

According to Npower News today the Kano state chapter of Npower representatives led by comrade Abubakar has showered praises on President Bola Ahmed Tinubu, the beneficiaries of Npower in Kano state commended the President but expressed deep worry over the vacuum created in the Ministry for Humanitarian Affairs and Poverty Alleviation.

Video: https://www.facebook.com/share/v/aE4bjpJVQ6rxTjfS/?mibextid=qi2Omg

Npower News: Ministry for Humanitarian Affairs and Poverty Alleviation Request For 10 Members of Npower batch c Beneficiaries From The National Executives
Video: https://www.facebook.com/share/v/RDQA9qNHQm5GFmCZ/?mibextid=oFDknk