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News

CBN Will Give GEEP, AGSMEIS & ANCHO BORROWER Loans but Not compulsory-Sadiya DW News

by myeduproject July 19, 2020
written by myeduproject July 19, 2020
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CBN Will Give GEEP, AGSMEIS & ANCHO BORROWER Loans but Not compulsory-Sadiya DW News. See http://myeduproject.com.ng/npower-permanency-movedrop-your-signature-as-bill-goes-next-reading

CBN Will Give GEEP, AGSMEIS & ANCHO BORROWER Loans but Not compulsory-Sadiya DW News: Batch A and B will start receiving June Stipends in no distant time. The Federal Minister of Humanitarian Affairs, Disaster Management and Social Development has approved June stipend 

While speaking with DW News Channel, Sadiya blamed GIFMIS as a slow but effective platform for huge credit transactions like the N-power scheme

This will be the last stipend for Batch A volunteers as they exit the programme, the Federal government is transitioning volunteers into a new level of partnership, whose details are not clear as we speak

Batch B will be eliminated same way by July ending, giving way for Batch C entrance

Here is the brief Transcription of Sadiya Farouq with Binta Zumi on DW Hausa Version

‘‘BINTA ZUMI — What can you tell us about N-Power?

SADIYA — Npower is an initiation of President Muhammad Buhari to help the unemployed graduates

BINTA ZUMI– What is the fate of Npower beneficiaries?

SADIYA — Npower is a programme design for the beneficiaries to be train and exit after two years due to some issues the first batch were not exited but right now we have exited them from the programme and batch B will also be exited by end of this month.

BINTA ZUMI — Does the government have any plan for these exited youths that were disengaged?

SADIYA — Well majority of them have establish themselves and they are doing well over 100, 000 of them and those who couldn’t be able to start up any business, we are currently discussing with CBN to give them loan from GEEP, AGSMEIS and ANCHO BORROWER and other available loans but is not going to be compulsory .

BINTA ZUMI — Some beneficiaries are asking about their June stipend

SADIYA — Those who will received have received it and for the june stipend by next week they should receive it’’

The Interview with Sadiya Umar Farook regarding the Npower Batch A & B beneficiaries are as follows:

  • The payment of backlogs and June stipends to Npower beneficiaries will commence this week.
  • Npower Batch A has already been exited from the scheme since June 30th and Batch B will follow them on July 31st, 2020.
  • the Hon Minister did not talk about transition and exit packages for both batches, but she says they are negotiating with CBN to put us in some plans.
  • The Hon minister also did not talk about Batch B devices
  • Regarding batch C enrollment exercise she said the portal will be close next week but no specific date and time yet.
  • The minister also said they maybe enroll into the program by the end of this year.
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All Owed Stipends will be Paid within the Week-Sadiya Umar ( DW News)
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Volunteers who Received Double Pay in May Would not be Paid-Sadiya Umar DW News

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1 comment

Sabiu Rabiu kabo July 20, 2020 - 12:42 am

What of an independent monitors, that are monitoring all national social investment program?they didn’t receive their may,June stipend?

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