Business & Economy

NPower News: NASIMS Approves NPower November, December Stipend Payments

Npower news: Approval of November and December Stipend

Nasims has reportedly approved the November and December Stipend Payment for the Batch C Stream 1 Npower beneficiaries.

Brand News Day Nigeria reports that the Minister for Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouk, who doubles as the supervisor of the National Social Investment Management System (NASIMS) scheme has initiated payment for November 2021.

READ: Latest NPower News On Stipends Payment For Today Sunday 23 January 2022

Many beneficiaries of the Batch C Stream 1 Npower Programme have seen the November Payment marked as “Pending” on their NASIMS Profiles on 20th, Jan. 2022.

Advertisement

The activation of the November Payment process is part of the efforts of the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development to clear all outstanding Stipends owed to the beneficiaries, and normalize the Stipend Payment Calander for the beneficiaries.

NPower News: NASIMS Approves NPower November and December Stipend Payments

NASIMS has in an update confirmed the approval of the November and December Stipend payment to the beneficiaries, conversely, noted that the Payment would be made simultaneously.

This entails that the payment will be made one after the other in a structure such that November would be paid after the payment of October, and December after the payment of November Stipend.

Advertisement

READ: NASIMS Reveals When NPower November Stipend Payment To Commence

According to NASIMS, the simultaneous approach is to ensure seamless Stipend payment to the beneficiaries which would ease network impediments on crediting the Npower beneficiaries bank accounts.

NASIMS has heightened its efforts to ensure that the NPower beneficiaries are paid all outstanding before the end of January 2022.

Advertisement

READ: When Will Federal Govt Engage New NPower Beneficiaries 2-Years After Exit Of Batches A, B Beneficiaries

Recall that Brand News Day Nigeria reported that Nasims had earlier given fresh update regarding the NPower’s November 2021 stipend payment said Npower November Stipend Payment Process Initiated to begin payment soon.

Nasims confirms that all outstanding payments for September and October will be settled in order to commence the Npower November Stipend Payment for beneficiaries to be able to receive their stipend payments.

Advertisement
Facebook Comments
Adebayo

Adebayo is a Content Developer and website manager who loves to learn, unlearn and relearn. He has a knack for exploring the tech world. He is always thirsty to learn as the tech ecosystem evolves every day.

Recent Posts

Meta To Pay Content Creators For In-Stream Ads, Facebook Reels Ads Across Nigeria, Ghana

Meta has announced the availability of two new monetization features for eligible creators in Ghana…

5 days ago

PZ Cussons Losses N96.4bn To Negative Equity In The Fiscal Year

PZ Cussons Nigeria, a consumer goods company, reported a substantial net loss of N96.4 billion…

5 days ago

Stanbic IBTC To Host Bloom Weekend

Stanbic IBTC Holdings has announced the date for its annual women’s event tagged ‘Bloom Weekend’,…

5 days ago

Stanbic IBTC Bank Nigeria PMI®: New Order Growth At Seven-month Low In June

Stanbic IBTC Bank Nigeria PMI® - June data signalled a broad stagnation of the Nigerian…

5 days ago

Stanbic IBTC Bank Hosts Home Ownership Summit

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and a foremost financial institution in…

5 days ago

The Problem With The EFCC

The problem with the EFCC  - In every government or institution, there is a corresponding…

1 week ago

This website uses cookies.