Npower April Stipend News – Stipend Payment platform for N-Power beneficiaries has been moved from the NIBSS (Nigeria Inter-Bank Settlement System) to a new platform called Government Integrated Financial Management Information System (GIFMIS), the scheme confirmed on Monday.
Not at the moment. Payment has moved to the GIFMIS platform https://t.co/Mk43cTv3tY
— N-Power (@npower_ng) May 18, 2020
The Npower scheme said the new payment platform is for effective and efficient disbursements of salaries to federal government employees and stipends to federal government social investment beneficiaries.
Meanwhile, payment (₦30, 000 monthly stipend) is yet to made for around 500,000 volunteers nationwide despite the challenges that the volunteers are facing as a result of the COVID-19 pandemic.
Afriupdate understands that a significant number of the NPower beneficiaries (graduate and non-graduates) groan that they were not even paid March stipend.
Pls what about those of us that are stil yet to receive march stipend Pls say something
— Sani Haruna (@SaniHar35886556) May 18, 2020
This online news medium learnt that the GIFMIS is an IT-based system for budget management and accounting that is being implemented by the Federal Government of Nigeria to improve Public Expenditure Management processes, enhance greater accountability and transparency across Ministries and Agencies.
GIFMIS is designed to make use of modern information and communication technologies to help the Government of Nigeria to plan and use its financial resources more efficiently and effectively.
Npower April Stipend News – The April 2020 stipend payment is currently being processed, the Npower scheme revealed on their official Twitter channel.
The famed N-Power scheme, which is now managed by the Ministry of Humanitarian Affairs, was introduced in 2016 by the Muhammadu Buhari administration “to imbibe the entrepreneurship culture in the Nigerian youth aged between 18 and 35 — both graduates and non-graduates”.
An estimated 500,000 graduate youths (Batch A and Batch B) across the country are currently engaged in the scheme, providing services in the country’s education, health, agriculture sectors, and local government offices with a monthly N30,000 (approximately 83 US Dollars) stipend.