The federal government has confirmed that N-Power beneficiaries will begin receiving their overdue entitlements starting in November.
This announcement was made by Akindele Egbuwalo, the National Programme Manager of N-Power, during a meeting with beneficiaries in Abuja.
However, he mentioned that the payments will be distributed in installments.
This development was officially stated in a release issued in Abuja on October 16 by Jamaluddeen Kabir, the National Communication Manager of the National Social Investment Programme Agency (NSIPA).
Egbuwalo also disclosed that the N-Power program has been rebranded as the Renewed Hope Job Creation Programme (RHJCP).
The statement reads, “Following the temporary suspension of the program for thorough restructuring and a forensic audit, funds have been reclaimed from the existing payment service providers.
The program has established plans to start disbursing the outstanding stipends for 9 months to beneficiaries starting in November 2023. These payments will be made in multiple installments.”
In addition to the program’s renaming, Egbuwalo announced that 1 million youths will be absorbed annually to meet the expanded target of 5 million beneficiaries.
He stated, “In alignment with President Bola Ahmed Tinubu’s new agenda, the N-Power program will continue as the Renewed Hope Job Creation Programme (RHJCP), overseen by the Honourable Minister, Dr. Betta Edu.
The program’s scope will be expanded to include 5 million beneficiaries over 5 years, with 1 million youths being incorporated each year through both graduate and non-graduate streams.”