Latest N-Power News Headlines For Today Monday, November 18th

n-power newsVice President Yemi Osinbajo with Afolabi Imoukhuede, the Senior Special Assistant (SSA) to the Nigerian President on Job Creation and Youth Employment and other officials at the N-Power Unit in Abuja (Photo Courtesy: N-Power/Twitter)

Welcome to the latest N-Power news headlines update for today, Monday November 18th, 2019, on Concise News.

Here are the latest N-Power news headlines

N-Power October Stipend: Payment Starts Monday?

It’s a new week, and a new working day, hence, beneficiaries of the Federal Government N-Power scheme are eagerly awaiting payment of their October stipend.

Payment (N30, 000 monthly stipend) is yet to made for around 500,000 volunteers nationwide. That we can affirm as at the time of publishing this report.

Furthermore, this online news medium observed that beneficiaries are frustrated with the current situation. Read more here.

N-Power Stipend: Presidency Reveals Amount Spent On Beneficiaries

The Federal Government of Nigeria on Sunday said it spent N360 billion in two years to pay 500,000 graduates’ stipend under the N-Power scheme.

The government said the payments started in 2016 with graduates employed under the scheme getting N30,000 (approximately 83 US Dollars) monthly stipends.

The Senior Special Assistant (SSA) to the President on Social Investment Programmes, Ismaeel Ahmed, stated this in Abuja when he addressed reporters on the side-lines of an entrepreneurship show organised by Azuatalam Better Life Foundation.

He said: “Through the N-Power programme, 500,000 graduates have been employed and are paid N30,000 every month. If you calculate that for the two years that they have been there, because it has been on since 2016, you will understand how much we’ve invested.” Read more here.

And that’s all for today on the latest N-Power news on Concise News. Be sure to get more Nigerian news updates on this dependable online news medium. Do enjoy the rest of your day!

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