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Latest NPower News, Nasims News On Payment Today 26 September 2023

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The latest NPower News and Nasims News On Payment Today 26 September 2023 can be accessed below.

Below is the Nasims news on payment today, NPower Stipend Payment, Nasims News for Npower Batch C2 Today, Npower news, Outstanding Stipends Payment, Npower December Payment, Npower January Payment 2023, Npower February Payment, Npower March Payment.

In today’s Latest Npower News, the Npower beneficiaries have called on the Minister of Humanitarian Affairs and Poverty Alleviation Dr. Betta Edu, and also the new CEO of NSIPA in charge of the NSIP Programmes Mrs. Delu Bulus Yakubu to remember their unpaid N-Power stipends of 8 months.

The call did not end at that, their kids are also calling for the payment of their father’s unpaid stipends as it also affects them. A picture of a little girl carrying a playing card with the inscription “Dr. Betta Edu please pay our father” is trending online.

Meanwhile, President Bola Tinubu has appointed Delu Bulus Yakubu as the pioneer national coordinator and chief executive officer (CEO) of the National Social Investment Programmes Agency (NSIPA) and she will be seeing the Affairs of the NSIP Programmes.

Furthermore, the Npower self-service portal is now functioning properly. Beneficiaries who are finding it difficult to validate their account can do so as the validation link is now functioning.

5 Things That Might Happen When Npower Program Is Rejigged

1. Since the current set of the Npower beneficiaries’ terms will come to an end by October 2023, the new Npower Management might exit batch B and clear their outstanding stipend payment.

2. The New Npower management might begin with recruiting a new batch of 2023 Npower volunteers.

3. The stipend payment for the Npower beneficiaries might be reviewed upward or downward to engage more Beneficiaries.

4. The agency under the Ministry of Humanitarian Affairs and Poverty Alleviation that will be overseeing the Affairs of the Npower programme and other NSIP Programme is the National Social Investment Programme Agency NSIPA managed by Mrs. Bulus

5. Since the new Administration is focusing on creating jobs through the digital economy, the Npower management might try to engage more Npower beneficiaries in that path.

At this stage, the Npower beneficiaries are advised to be patient as the Ministry is rejiggering the programmes under NSIP which Npower belongs. Payment might also be reviewed upward or downward to include more people in the programs.

As regards Nexit Opportunity, there are rumors that new information will soon be given and even those who did not do the training will be asked to submit their business plan and favors will be asked from other companies that have given the training to give the untrained a certificate and give them a business plan to submit.

1. Unpaid Stipends – A Concern Raised

Npower beneficiaries have been vocal about their frustrations regarding unpaid stipends. These stipends are a crucial source of income for many, and delays can cause financial strain. However, Minister Betta Edu, the new face overseeing the program, is keen on addressing these concerns.

2. Minister Betta Edu’s Commitment

Minister Betta Edu has reassured Npower beneficiaries of her unwavering commitment to improving their experiences. Her primary goal is to bring smiles to the faces of these beneficiaries and create more opportunities for both existing participants and new applicants.

3. Backlog Payment and New Recruitment

One significant announcement from Minister Betta Edu is that once the backlog payments are settled, new recruitment will kick off. This news offers hope to unemployed Nigerians eager to join the Npower initiative. The new Minister of FMHAPA has confirmed that Npower’s outstanding payment will be paid! They are rejiggering the program as beneficiaries advocated for the Benefit of all beneficiaries and prospective applicants. Read details here HM Betta Edu Disclosed Plans For Npower, Other NSIP Programme

4. Key Highlights from Dr. Betta Edu’s Radio Nigeria Engagement

Here are some key highlights from Dr. Betta Edu’s recent engagement with Radio Nigeria:

4.1. Addressing Poverty Through Job Creation

Under President Bola Tinubu’s administration, the Humanitarian Affairs and Poverty Alleviation Ministry aims to tackle poverty head-on by creating jobs and ensuring cash transfers reach impoverished Nigerians. Additionally, efforts will be made to engage the nutrition department and support micro, small, and medium enterprises.

4.2. Managing Humanitarian Crisis

Minister Betta Edu is determined to reduce and manage humanitarian crises in Nigeria more effectively. Her goal is to respond promptly to crises and permanently uplift the poorest of the poor from these dire situations.

4.3. Empowerment Programs Enhancement

Minister Betta Edu has committed to revamping and enhancing existing empowerment programs within the National Investment Programme. The aim is to make these programs more effective and inclusive, covering a broader spectrum of Nigerians.

4.4. Transparency in Palliative Disbursement

To ensure the transparent distribution of palliatives, independent monitors will be involved to guarantee that relief materials reach their intended recipients satisfactorily. The ministry also plans to send staff to all 774 local government areas to gather feedback and track the distribution technologically.

4.5. N-Power Stipend Delays Addressed

Addressing the persistent challenges of stipend delays in N-Power, Minister Betta Edu is committed to changing the payment modalities. This change aims to expedite stipend disbursements, include more beneficiaries, and relaunch the program with a renewed sense of hope.

4.6. Humanitarian Hubs Across Nigeria

The long-term vision of the Humanitarian Affairs and Poverty Alleviation Ministry includes establishing humanitarian hubs across Nigeria. These hubs will host locally-produced commodities that will be sold at affordable rates to benefit Nigerian citizens.

In conclusion, Minister Betta Edu’s commitment to addressing the concerns of Npower beneficiaries and her vision for the program’s future holds promise for both current and prospective participants. The Nigerian government’s dedication to eradicating poverty and improving livelihoods remains steadfast.

Frequently Asked Questions (FAQs)

1. What is Npower, and who are the beneficiaries?

Npower is a social intervention program in Nigeria aimed at providing job opportunities and skills acquisition for unemployed youths. Beneficiaries are young Nigerians who have been enrolled in various categories of the program.

2. What are the causes of stipend delays in N-Power?

Stipend delays in N-Power can be attributed to administrative and logistical challenges. Minister Betta Edu is working on addressing these issues to ensure timely payments.

3. How can I apply for Npower if I’m interested?

When the recruitment process begins, you can apply for Npower through the official website or portal provided by the Nigerian government. Keep an eye on official announcements for updates.

4. What are the long-term goals of the Humanitarian Affairs and Poverty Alleviation Ministry?

The ministry’s long-term goals include establishing humanitarian hubs across Nigeria to support impoverished communities and providing affordable, locally-produced commodities to the public.

5. How can beneficiaries track the distribution of palliatives in their local government areas?

The ministry plans to use technology to track palliative distribution, ensuring transparency. Specific details on how beneficiaries can access this information will be provided in due course.

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NSIB Receives U.S. Preliminary Report On Wigwe’s Death

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The Nigerian Safety Investigation Bureau (NSIB) says it has received the preliminary report from the U.S. National Transportation Safety Board (NTSB) regarding the crashed helicopter that killed Dr Herbert Wigwe and five others.

Mrs Bimbo Oladeji, Director, Public Affairs and Consumer Protection, NSIB, disclosed this in a statement on Saturday in Lagos.

The News Agency of Nigeria (NAN) reports that on Feb. 9, Wigwe, the Group Chief Executive Officer of Access Holdings, his wife, son and a former Group Chairman of Nigerian Exchange Group Plc, Abimbola Ogunbanjo, as well as some others were onboard the ill-fated Airbus Helicopter EC130B4.

Oladeji said that following the accident, the NSIB offered its full cooperation to the NTSB, the lead agency investigating the accident which claimed the lives of six individuals.

The crash occured at the Interstate 15 in Halloran Springs, California, U.S.A.

According to Oladeji, initial findings suggest that the helicopter suffered catastrophic damage upon impact, resulting in fragmentation of major components.

She said: “The preliminary report on the Airbus Helicopter EC130B4, registered as N130CZ and operated by Orbic Air, LLC, under Part 135 regulations for on-demand flights, outlines crucial details surrounding the tragic incident.

“Departing from Bob Hope Airport in Burbank, California, the helicopter embarked on a journey to Boulder City Municipal Airport in Nevada via Palm Springs International Airport.

“However, during its flight, adverse weather conditions characterised by rain and a mix of snow, were encountered, as reported by witnesses.

“Reports from law enforcement and eyewitnesses also indicated that several individuals travelling along Interstate 15 (I-15) observed a “fireball” in the area, prompting calls to emergency services.

“Subsequently, the wreckage of the helicopter was discovered in the high, mountainous desert and scrub-brush covered terrain near Halloran Springs, California.

“Analysis of the accident site revealed a scattered debris pattern about 300 ft along a 120° magnetic, indicating a trajectory from an initial impact point which was a 1.5 ft deep, 12 ft long and 10 ft wide ground crater.

“Containing fragments of the right landing gear skid, cockpit wiring, and cabin floor structure. The right skid step protruded upward at a 45° angle at the extreme eastern edge of the ground crater.

“All major helicopter components were identified at the accident site. The helicopter’s fuselage was fragmented, and the cockpit and cabin were destroyed.

“Some debris and vegetation displayed thermal damage, indicative of the extent of the collision’s force. The flight control tubes and linkages leading up to the flight control servos were fragmented and continuity could not be verified.

“All three pitch control links were attached at the swashplate and blade pitch change horns. The main rotor blades were fragmented and broomstrawed, and the blade sleeves and tips were present.

“Data analysis utilised sources including automatic dependent surveillance-broadcast (ADS-B) data, operator personnel reports, and eyewitness accounts to reconstruct the flight path and sequence of events leading to the accident.”

Oladeji said that the NSIB, in accordance with the prerogative granted by the International Civil Aviation Organisation (ICAO’s) Annex 13 to the Convention on International Civil Aviation, had the right to access investigation information.

“On aviation accidents and incidents involving Nigerian-registered aircraft or Nigerian citizens in 193 countries that are member states of the ICAO.

“The NSIB has been actively engaging with the NTSB since the beginning of the investigation.

She said that as the investigation progresses, NSIB will be committed to engaging the NTSB to receive the public docket of the investigation, which will comprise the compendium of information gathered throughout the investigation.

“This typically includes photographs, interview summaries, documentation, and other relevant data that will give a clearer picture of the factors that led to the accident.”

Also, the Director-General of the NSIB, Capt. Alex Badeh, expressed gratitude for the cooperation extended by the NTSB, which has facilitated the sharing of vital information.

“We will continue to work closely with relevant authorities leading the investigation, including the NTSB, to gather additional evidence and information necessary for a comprehensive understanding of the circumstances that led to this tragic event,” Badeh.

(NAN)

 

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BDC: CBN Mandates Sellers Above $10,000 To Declare Sources

“Retail sale of foreign currencies to non-individuals, except for BTA, international outward transfers, engaging in off-shore business or maintaining foreign correspondent relationship with any foreign establishment are also not permissible,”

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The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above to declare their forex sources.

Haruna Mustapha, Director, Financial Policy and Regulation Department of the CBN, said this in a revised regulatory framework to curtail excesses of BDCs and check uncertainty in the foreign exchange market.

Mustapha said that such sellers would also be required to comply with all Anti-Money Laundering/Combating the Financing of Terrorism ( AML/CFT) regulations.

He said that the guidelines would significantly enhance the regulatory framework for the operations of BDCs as part of ongoing reforms of the Nigerian foreign exchange market.

According to him, the guidelines revises the permissible activities, licensing requirements, corporate governance and AML/CFT provisions for BDCs.

“It also sets out new record-keeping and reporting requirements, among others,” he said.

The News Agency of Nigeria (NAN) reports that the guidelines also specifies that no person shall carry on the business of BDC in Nigeria except with the prior authorisation of the CBN.

It described BDC as a company licensed by the CBN to carry on only retail foreign exchange business in Nigeria.

It banned commercial, merchant, non-interest and payment service banks, Other Financial Institutions (OFIs), including holding companies and payment service providers from promoting BDCs.

It also precluded serving staff of financial services regulatory and supervisory agencies, serving staff of regulated financial services providers, governments at all levels, among others, from promoting BDCs.

The guidelines permitted BDCs to acquire foreign currency from authorised sources like tourists, returnees from the diaspora and expatriates with foreign exchange inflows from work, travel, investment or their domiciliary accounts.

Other permissible sources are International Money Transfer Operators (IMTOs), embassies, hotels that are authorised buyers of foreign currencies, the Nigerian Foreign Exchange Market (NFEM) and any other source that the CBN may specify.

It warned the BDCs not to engage in street-trading, maintaining any type of account for any member of the public, or accepting any asset for safe keeping/custody.

It said that the BDCs were also not permitted to take deposits from or grant loans to members of the public in any currency and in any form.

“Retail sale of foreign currencies to non-individuals, except for BTA, international outward transfers, engaging in off-shore business or maintaining foreign correspondent relationship with any foreign establishment are also not permissible,” it said

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Economic Hardship: Blame Buhari, Not Tinubu – Northern Group Tells Nigerians

What people need to know about Nigeria’s present challenges is that President Bola Ahmed Tinubu inherited them from the past administration of former president Buhari but as a determined leader, Tinubu is pulling all strings together to overcome them head-on.

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A Northern group, Civil Society For Credible Election has stated that erstwhile president, Muhammadu Buhari should be blamed for the economic crisis plaguing the nation.

The group lamented that President Bola Tinubu inherited the challenges from his predecessor.

They shared their reservations while addressing newsmen in Kano.

Umar argued that Tinubu had since hit the ground working to reverse the situation through various steps and policies put in place.

He subsequently called on Nigerians to exercise patience with the President as things will be better in no distant time in the country.

According to him, “We recognize the fact that Nigerians are passing through hardship at the moment. It is a result of a global economic meltdown, but only further compounded by some shortcomings of the last administration under former president Muhammadu Buhari.

“What people need to know about Nigeria’s present challenges is that President Bola Ahmed Tinubu inherited them from the past administration of former president Buhari but as a determined leader, Tinubu is pulling all strings together to overcome them head-on.

“Nigerians are all living witness to the phantom steps and policies of the present administration of President Bola Ahmed Tinubu to address the country’s sociocultural, economic and political indices.

“What President Tinubu need from all Nigerians now is patience, cooperation and understanding of the administration reforms policies. These reforms are strategic and competent enough to in no distant time make all Nigerians proud of their beloved country.”

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