Close Menu
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
Facebook X (Twitter) Instagram
The Meridian Spy
  • Home
  • News
  • Politics
  • Health
  • Business
  • Education
  • Opinion
  • Lifestyle
  • Entertainment
The Meridian Spy
Home»Business»N-Power: We Can’t Afford To Continue Payment Of Beneficiaries – FG
Business

N-Power: We Can’t Afford To Continue Payment Of Beneficiaries – FG

Kennedy IgweBy Kennedy IgweJuly 25, 2020Updated:July 25, 2020No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Share
    

Share!

  • Share
  • Tweet

The Federal Government has signalled that it cannot afford to continue paying beneficiaries of one of its social intervention schemes, N-power.

The N-power scheme which was established in 2016, is one of the national social investment programmes of the federal government targeted at unemployed graduates who are engaged by the government and paid N30,000 monthly stipend.

It would be recalled that the outgoing enrollees of the scheme Thursday protested at the National Assembly and the Federal Secretariat Complex to request the federal government to employ as well as pay them all a grant of N600,000 each.

The Ministry of Information and Culture, in its official Twitter handle on Friday, noted that it cannot afford to continue to pay the exited N-power beneficiaries stipends indefinitely, stating that it had expended hundreds of billions of naira on the programme during the last four years.

The ministry, however, said it was liaising with the Office of the Accountant General of the Federation (OAGF) to ensure that any outstanding legitimate stipend is paid to the beneficiaries.

“It is noteworthy to state that @NigeriaGov has expended hundreds of billions to N-Power beneficiaries during the last 4 years and is liaising with the OAGF, which is responsible for the payment of their stipends, to ensure that any outstanding legitimate claim is settled,” the information ministry tweeted.

“FG Cannot Afford To Continue To Pay The Exited N-Power Beneficiaries Stipends Indefinitely.”

READ ALSO  Pi-CNG Begins Nationwide EV Charging Infrastructure Rollout After One Year of Expansion

Share this:

  • Share on WhatsApp (Opens in new window) WhatsApp
  • Tweet

Related posts:

  1. Nigerians Will Enjoy 11,000MW Of Electricity By 2023, Says Lai Mohammed
  2. Nigeria Government Seizes Foreign Aircraft Operating Commercial Services Without Clearance
  3. VP Osinbajo Presents Economic Sustainability Plan, Says Nigeria Can Turn COVID-19 To Victory
  4. N-Power: 16 Days After, Applicants Hit 4.48 Million
Meridian Spy Minister of information N-Power Nigeria News social intervention scheme
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Kennedy Igwe

Related Posts

State Police: Nigeria Must Choose Between Reform and Rising Insecurity — Jude Imagwe

June 30, 2026

South Africa deploys police as anti-migrant protests loom

June 30, 2026

Five-month crude exports fetch Nigeria N20tn

June 30, 2026
Search
Recent Posts
  • State Police: Nigeria Must Choose Between Reform and Rising Insecurity — Jude Imagwe
  • South Africa deploys police as anti-migrant protests loom
  • Five-month crude exports fetch Nigeria N20tn
  • FG Urges Marketers to Cut Fuel Costs as Oil Falls
  • 16-Year-Old Girl Emerges Nigeria’s Youngest Chartered Accountant
  • High Court Gives INEC 72 Hours to Register ADA
  • Onyeka Completes Permanent Move to Coventry City
  • NDLEA arms officers with AK-47s to fight drug cartels
  • 281 million depositors insured against bank failure, NDIC says
  • CAS Tasks Military Leaders on Strategic Thinking, Synergy
  • FG Approves Historic NYSC Reform, Introduces Tech-Driven Mobilisation, Skills-Based Service
  • Pi-CNG Begins Nationwide EV Charging Infrastructure Rollout After One Year of Expansion
  • FCCPC Denies Approving 48 New Loan Apps, Debunks Report Claiming 505 Licensed Digital Lenders
  • 𝐅𝐆 𝐃𝐢𝐫𝐞𝐜𝐭𝐬 𝐏𝐞𝐭𝐫𝐨𝐥𝐞𝐮𝐦 𝐌𝐚𝐫𝐤𝐞𝐭𝐞𝐫𝐬 𝐭𝐨 𝐑𝐞𝐝𝐮𝐜𝐞 𝐏𝐌𝐒 𝐏𝐫𝐢𝐜𝐞𝐬 𝐚𝐬 𝐆𝐥𝐨𝐛𝐚𝐥 𝐎𝐢𝐥 𝐏𝐫𝐢𝐜𝐞𝐬 𝐃𝐞𝐜𝐥𝐢𝐧𝐞
  • Obi, Kwankwaso lead NDC’s battle against deregistration
Categories
  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Investigations
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sport
Access Bank DiamondXtra Season 16 Rewards
  • About us
  • Contact Us
  • News
  • Politics
  • Health
© 2026 All Right Reserved. Designed by Techjuno

Type above and press Enter to search. Press Esc to cancel.