N-Power national scheme manager, Akindele Egbuwalo, has disclosed plans to reimburse Batch C scheme participants who have been due money for eight months.
The N-Power initiative was canceled last week by the Federal Government, who asserted that it had “ghost beneficiaries” and that some of its advisors were withholding money from participation.
The N-Power program was launched by the administration of the late President Muhammadu Buhari to combat youth unemployment, with recipients receiving a N30,000 monthly stipend.
Akindele claims that money has been recovered by the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.
At the meeting held with representatives of the N-Power beneficiaries, he said: “The good news is that the funds have been recovered and you will be getting your money soon.
“Payment for N-Power Beneficiaries Batch C who have been owed for eight months will begin soon.
Akindele revealed that the Minister of Humanitarian affairs and Poverty Alleviation Dr Betta Edu, has been working round the clock to address irregularities within the Program and other social investment programmes.
He said: “These irregularities have made the common man to lose faith in the ability of Government to provide social safety cover for its population but Dr Betta Edu is engaging all necessary steps to resolve these issues and deliver the Renewed Hope Mandate of President Bola Ahmed Tinubu to Nigerians
“Many irregularities which hitherto had sabotaged the smooth implementation of the Program are being addressed.
“It would be recalled that on assumption of duty it was noted that many beneficiaries did not receive payment for their monthly allowances while monies were been held up by the consultant managing the enrollment and payment system whose contract had long expired.
“The good news is that the money have been recovered and it would allow for payment of beneficiaries”.
Akindele called on young Nigerians to be patient as the restructuring was in their best interest and it would lead to expansion of the programme to accommodate millions of uoung people.
“President Tinubu is committed to eradicating Poverty and he will deliver on it,” he assured.