Betta Edu announces that N-Power participants are now receiving overdue payments.
The National Government has initiated the process of paying back the N-Power program participants.
Betta Edu, the Minister for Humanitarian Affairs and Poverty Alleviation, revealed this information during an interview on Channels Television’s Politics Today last Thursday.
Edu stated, “Currently, N-Power is processing payments; we worked tirelessly in the office from yesterday until early this morning to ensure that the youth receive the funds owed to them by the previous administration.”
“Therefore, N-Power participants nationwide, you must be noticing the deposit of funds into your accounts, and this process will persist until every eligible individual who has served receives payment,” Edu informed.
“Furthermore, all these efforts are part of the reorganization aimed at reducing unemployment and fostering job creation for Nigerians,” Edu added.
It’s important to remember that the previous administration, led by President Muhammadu Buhari, had outstanding salary payments to the scheme’s participants.
Launched by then-President Muhammadu Buhari on June 8, 2016, the N-Power initiative was designed to tackle youth unemployment and promote social development.
The program experienced a temporary halt following President Bola Tinubu’s assumption of office, succeeding Buhari.
However, Edu clarified that the current government intends to resolve the pending issues from past years before recommencing the program.
Edu remarked, “The Renew Hope N-Power Program has not yet been reintroduced.
We are currently addressing the unresolved matters from past years, involving individuals who were owed payments for several months.
“Previously, a consultant managed the payment distribution to N-Power beneficiaries. Unfortunately, there were delays in these payments by the consultant for several months.
“In response, the government reclaimed the funds into the government’s TSA CBN account and commenced a thorough examination of the beneficiaries, which explains the delay. We request the youths’ patience in this matter,” the minister explained.