NPower Latest News on Payment of July and August Stipends Today, Sept 21, 2022 . Npower Latest News For Today , NPower Stipend payment update , Npower News , N-Power Stipend News and Npower July stipend payment , including Npower May and June Payment News Now date for Npower July stipend payment , date for Npower August stipend payment and Latest Information from NASIMS Management can be accessed below.
1. NASIMS Begins Crediting of Npower Beneficiaries’ Account with July Stipend
The good news now is that NASIMS management has commenced crediting of Npower batch C stream 1 Beneficiaries’ accounts. The crediting of accounts commenced yesterday, Tuesday, September 20, 2022.
Those whose accounts have not been credited are advised to exercise patience. Those with backlog stipend payment issues should contact NASIMS management to resolve issues with their payment.
Dashboard showing paid but not credited alerts.
Many of our users have complained that their dashboard shows paid but their accounts have not been credited.
If you are an Npower batch C stream beneficiary and your dashboard is showing paid while your account has not been credited, this article is for you. You should not be worried about your dashboard showing paid while you have not received your money. You are advised to wait until next month and if you still have not received the money, you should send an email to NASIMS management to log a complaint.
Also, you will notice that NASIMS management has removed the deployment table or section or column from your dashboard… The source said it will be replaced with an exit package section.
However, crediting of Npower batch C stream 1 beneficiaries’ accounts is currently ongoing. If you have not received yours, exercise patience. You will be paid.
2. Crediting of Npower July stipend Payment to Beneficiaries Commence today.
The latest information from NASIMS about the payment of July stipends is that beneficiaries’ accounts will begin to be credited today, Wednesday.
Npower batch C Stream 1 Beneficiaries’ accounts are expected to be credited today. However, not all beneficiaries will be credited today. Crediting of accounts depends on your bank.
Crediting of accounts can take up to two weeks since the crediting of accounts is done batch by batch, unlike the NYSC payment system.
3. Npower Begins July Stipends Payment Of Batch C1.
Payment of July Npower Stipends has been successfully initiated and payment has begun, according to today’s Npower news. The July Stipends payment for Npower batch C stream 1 beneficiaries was initiated on Friday September 16, 2022.
As of today, Wednesday, September 18, the Npower July stipend payment has changed from pending to processing. Crediting of accounts will commence tomorrow.
However, some Beneficiaries confirmed that they are already seeing on the payroll section that July has been paid, despite the fact that they have yet to be credited. If your account has not yet been credited, please be patient; it will be credited as soon as possible.
Nasims, on the other hand, expressed gratitude for your patience thus far during this period of delay. Nasims has been working hard to ensure that all payment issues are addressed; please be patient and wait for your payments.
Recall that beneficiaries of the scheme are entitled to receive 12-month stipends.
GoldenNewsNg explaining on Monday a source within the office of the Minister of Humanitarian Affairs, Disaster Management and Social Development minister Sadiya Farouq explained the reasons for the delay in payment of two monthly stipends given to beneficiaries of its social intervention programme N-Power.
According to source who claimed anonymity,
“The ministry is planning special package for the stream 1 who may soon be ending their own program.
He also said that there are plans ongoing for retention of a category N-Power beneficiaries whose contract will expire this month.
He further said that the ministry was making efforts to develop a good exit package for the beneficiaries and that the money owed would be paid to beneficiaries upon conclusion of the plan which will be revealed this September.
In today’s Npower News, we will be updating you on the latest regarding Npower stipends payment and stream 2 posting so let’s get straight to the point.
Beneficiaries of the Npower batch C stream 2 should note that after the state focal person conducts a manual posting of beneficiaries, then Nasims will update your deployment status. Keep monitoring their posting via the Nasims self-service dashboard and don’t forget to connect with your focal person.
As regards Batch c stream 1, your extension lies in the hands of management. You commenced duties in September 2021 and we in September 2022 which means you have completed the 1-year program. Though with outstanding stipends for July and August are yet to be paid. If there will be an extension, you will hear from Npower management soon.
However, the last stipend that was paid is in June 2022. So July and August stipends will soon be initiated, Npower Technical Team is working tirelessly to ensure that issue of unpaid stipends is solved, and they are committed to ensuring that all of you receive your payments.
Npower discussion group advice to you is to wait patiently for the Npower management team to give an official statement regarding Npower batch C stream 2 deployment and stream 1 disengagement or extension if there will be.
In conclusion, Nexit applicants should also note that no Applicant has received the supposed Nexit CBN loan after the first training, as such, applicants should stay tuned for updates regarding Nexit Scheme from management soon.
In today’s News, Npower July And August Stipends Payment , we will be addressing Stream 1 and stream
2 beneficiaries’ payment issues.
It seems though that Npower management has managed to pay its batch C 1 volunteers stipends of 10 months excluding July and August stipends which we believe will be paid in due time, one thing that is not certain is whether there will be an Extension of this stipend payment beyond August. Whatever it is, we will soon find out.
Though Npower June stipends have been paid, Npower is assuring beneficiaries with issues of unpaid stipends that they will be paid as backlog and all outstanding stipends will be cleared.
As usual, Npower July Stipends Payment process will soon commence followed by the August stipends payment process.
The Honourable Minister of Humanitarian Affairs, Disaster Management, and Social Development Sadiya Umar Faroug on behalf of the management and entire staff of the Ministry a few days ago convey profound gratitude to President Muhammadu Buhari, GCFR for his passion and commitment towards alleviating the suffering of millions of lives especially those of the poorest of the poor, the teeming youths, Persons with Disabilities and other vulnerable persons.
Latest News on Nexit Loan For Npower Batch A&B
NEXIT NEWS – According to the August 2022 Nexit news, Npower has assured Npower A and Npower B beneficiaries that the updates on NEXIT will be coming to Npower beneficiaries in a short period of time.
The beneficiaries of Npower batch A and Npower batch B who have confirmed their NEXIT training will be contacted when the list reaches the NEXIT training operators across the country, the reason why NEXIT training has not started for the second part is not only because of the NEXIT training, Npower has not yet sent the list to the NEXIT training operators.
According to the first part of the NEXIT training, all business plans have been received from the Central Bank of Nigeria, but the NEXIT loan process has not yet started, the NEXIT loan will be processed only after the second part of NEXIT , their training has been completed, and currently the second phase of NEXIT training has not started, and this is the reason why the NEXIT soft loan has not been implemented.
Npower A and Npower batch B beneficiaries are expected to receive a soft loan of up to ₦3,000,000 if they qualify, NEXIT NEXIT loan will be given to all Npower beneficiaries equal to the final loan amount included in the business plan and at the discretion of the Npower beneficiary business.