AT the last count 149, 669 Nigerian graduates of the 200,000 engaged by
\nthe Federal Government under the N-Power Volunteer Corps are now
\ncollecting their monthly stipends of N30,000 monthly having been
\nphysically verified and deployed across the 36 states and FCT.<\/p>\n
According to Mr. Laolu Akande, Senior Special Assistant on Media &
\nPublicity to the President, Office of the Vice President made this
\ndisclosure while giving an update today on the Social Investment
\nProgrammes of the Buhari administration .
\nBesides, Akande added that the Federal Government has also approved an
\nadditional N4500\/monthly to all the 200,000 N-Power beneficiaries to
\npurchase an electronic Tablet which would be loaded with different
\napplications that would further enhance the skills of the beneficiaries
\nand afford them additional training opportunities during the two-year
\nduration of the job program.<\/p>\n
This tablet grant is in conjunction with the Bank of Industry (BoI) who
\nhas extended an asset finance of 20 months to each of the 200,000 N-Power
\nbeneficiaries.<\/p>\n
While each of the beneficiaries after being verified would select their
\nchoice of tablet amongst nine different BOI pre-approved vendors, the
\nprice ranges from N3,000 to N6,700 monthly deductions for the next
\n20months.<\/p>\n
Therefore in some cases the N4500 tablet grant would cover the full
\nmonthly deduction cost while in other cases the graduate authorizes BOI to
\ndeduct the additional differential cost from their monthly stipends
\ndepending on the tablet chosen.<\/p>\n
The Vice President\u2019s Spokesman also noted that 6 of the 9 BOI pre-approved
\nvendors are indigenous local brands in pursuit of the Buhari
\nadministration’s push for Local Content.<\/p>\n
He said almost 100,000 graduate N-Power beneficiaries have completed their
\norders for the devices as at press time, adding that the Bank of Industry
\nis in charge of effecting the orders made. The plan is to conduct the
\norder of the devices in two batches of 100,000 each, one after the other.<\/p>\n
It was further disclosed that all the 149,669 N-Power beneficiaries now
\ncollecting their stipends have been physically verified and deployed,
\nwhile their given bank account information have also been matched with the
\nBank Verification Number.<\/p>\n
The SSA said that, in December, about 112,475 of the N-Power graduate
\nbeneficiaries received the N30,000 monthly stipends, and the number came
\nclose to 150,000, both in January and February meaning about that number
\nare now receiving their up-to-date stipends from the N-Power Volunteer
\nCorps.<\/p>\n
Akande also noted that now beneficiaries across the 36 States of the
\nFederation, and the FCT have been verified, totaling the 150,000 figure.
\nHe said the balance 50,000 of the 200,000 beneficiaries engaged by the FG
\nare those who so far could not be paid for various reasons.<\/p>\n
This includes those who were disqualified during verification on the basis
\nof age-over 35, and inadequate academic qualification. The N-Power is for
\nuniversity, polytechnics and College of Education graduates only. There
\nwere also some of the selected 200,000 who were \u2018no shows\u2019 meaning they
\nsimply did not report for verification at all.<\/p>\n
Others who could not be paid were those whose personal information details
\nwere faulty, including those whose marital status have changed. There are
\nalso those who used different names and differing personal information.
\nAnd lastly there are also those whose banking information simply do not
\nmatch with their BVN banking records.<\/p>\n
In the case of those whose marital status have changed, Akande explained
\nthat their information is now being updated through the various States and
\nFCT Focal Persons and then they would be represented for payment. He also
\ndisclosed that those who have sought redeployment to other states are
\namong the 50,000 and in such cases, they will be considered alongside
\nthose to be replaced from the N-Power waiting list where necessary.<\/p>\n
The process for the replacement of those who did not show up and those
\ndisqualified would also resume shortly to bring the number back to 200,000
\nfor the first batch of the 500,000 promised by the Buhari administration.<\/p>\n","protected":false},"excerpt":{"rendered":"
AT the last count 149, 669 Nigerian graduates of the 200,000 engaged by the Federal Government under the N-Power Volunteer Corps are now collecting their monthly stipends of N30,000 monthly…<\/p>\n","protected":false},"author":1,"featured_media":56763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-56762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\n