Massive Cashout! Federal Government to Disburse 9-Month Backlog Payments – You Won’t Believe When and How Much!

The Federal Government has officially announced that it will start paying the long-overdue stipends to N-Power beneficiaries in November, which is a relief for many. Akindele Egbuwalo, who manages the N-Power program, shared this news during a meeting in Abuja.

To improve the N-Power program, the government has not only sorted out the delayed payments but has also renamed it the “Renewed Hope Job Creation Programme (RHJCP).” This change aligns with President Bola Ahmed Tinubu’s vision for more job opportunities and empowerment.

Under the leadership of Dr. Betta Edu, the program aims to reach more people, with a goal of helping 5 million beneficiaries over the next 5 years. They plan to support 1 million young people each year, including both graduates and non-graduates, offering them opportunities to grow personally and professionally.

The decision to revamp the N-Power program shows the government’s commitment to providing services efficiently and transparently. They have successfully collected the needed funds from payment providers, so the backlog of stipends will be paid out in smaller portions to ensure fairness.

Here are some common questions answered:

  • The backlog payments will start in November 2023.
  • The new name for the program is RHJCP, and it’s to emphasize job creation and empowerment.
  • The program aims to help 5 million people in the next 5 years, and details about who’s eligible will be provided later.
  • Funds for the backlog payments were collected through a restructuring process.
  • The backlog stipends will be paid in smaller, manageable amounts.

In conclusion, the government’s announcement about the N-Power backlog payment is a big step toward their goal of empowering and supporting Nigerian youth. As the RHJCP program gets underway, it shows their commitment to providing hope and opportunities for a better future.