Latest NPower News For Today 2 January 2024

Latest NPower News For Today 2 January 2024 can be accessed below.

In today’s latest Npower news for Tuesday, January 2, 2024, we’ll discuss the expectations for Npower beneficiaries in the coming year.

Here’s a summary of key points:

1. End of 2023: Some Npower beneficiaries received one month’s payment out of the nine months of unpaid stipends owed to them, marking a positive end to the year. [Read more]
2. Payment Concerns: Npower beneficiaries are urging the Federal Government to pay them in a lump sum, expressing concerns about the sustainability of installment payments. Some beneficiaries have not fully received the debt payments initiated by Npower management. They argue that installment payments during economic hardships are insufficient to meet financial empowerment goals.
3. Challenges in 2023: The year 2023 posed challenges for Npower beneficiaries as various program activities were paused.
4. Expectations for 2024:

• The new restructured Npower program, RHJCP, is set to kick off in 2024.
• The Npower program, NSIPA, plans to engage 1 million beneficiaries in 2024 and aims to reach 5 million over five years. [Details here](link to details).
• New Npower beneficiaries recruited in 2024 may receive a stipend payment of N50,000.

As the new year unfolds, Npower beneficiaries are looking forward to these developments and improvements in the program. Stay tuned for further updates and announcements in 2024.