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N-Exit CBN Loan: 14, 200 Owed Volunteers are Allowed To Register

by myeduproject December 9, 2020
written by myeduproject December 9, 2020
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N-Exit CBN Loan: 14, 200 Owed Volunteers are Allowed To Register

See N-Exit Registration: Requirements and How to Apply for CBN Programmes

N-Exit CBN Loan: 14, 200 Owed Volunteers are Allowed To Register:14,200 exited N-power volunteers, not being paid for five months are allowed to register for the nexit CBN affiliate programmes, currently going on

Though their names not been in the payment platform for reasons attributed to GIFMIS, they have been advised not to relent in the registering for the N-Exit CBN affiliate programmmes

Also see N-Exit Website Unveiled: www.nexit.fmhds.cbn.gov.ng-Apply

The CBN and the Office of the Accountant General of the Federal (OAGF) are sorting out modalities to pay all legitimate claims before the year 2020 runs to an end, Umar Sadiya promised

A question was raised in the twitter handle of the Minister of Humanitarian Affairs, Disaster Management and Social Development, Umar Sadiya Farouq on the issue of N-Exit registration regarding the 14,200 owed volunteers

See Nexit Portal: Registration Involves 3 Stages With 10 Important Questions

They were advised to register with other volunteers, while their backlogs issue is being resolved, as all is set to pay affected volunteers any moment from now, a source added

All volunteers with outstanding backlogs are to proceed and register as soon as possible, modalities are currently worked on to pay their stipends within next week.

  5 Months Backlogs: Federation Allocation Shared-Volunteers await Settlement Next week

No fewer than 14,000 Npower volunteers cutting across both batch A and B are expecting their five (5) months outstanding stipends owed them from March through the month of July 2020

The Federal Government have promised to settle owed volunteer before the year 2020 runs out, Umar Sadiya precisely said, all legitimate claims will be settled before the end of the year

“I consider it necessary to give status update regarding the outstanding arrears of stipend to the 14,200 N-power cohorts from Batch A and B,” the minister said.

“From the outset, the N-Power programme was designed to run for 24 months

 “Out of the 500,000 combined beneficiaries from Batch A and B only 14,200 have 5 months outstanding stipend arrears.

“The delay in the payment of the arrears arose due to platform migration from NIBSS to GIFMIS by the Office of Accountant General of the Federation in March 2020.

“From the consolidated list of beneficiaries we received from the OAGF in September, the 14,200 beneficiaries with arrears of stipend were flagged for receiving monthly payment from other MDAs, particularly from the NYSC.

“It is possible that the 14,200 beneficiaries used their NYSC allowance bank accounts for N-Power and GIFMIS payment platform picked them for double payment.

“We have initiated State verification process with State N-Power Focal Officers.

“The 14,200 affected beneficiaries will present their NYSC certificates for final verification after which we will present an updated list to OAGF to pay off their 5 months arrears.

“All legitimate claims and those on verified list will be paid before the end of the year”.


She said she has signed off payment of both Batch A and B. No longer in jurisdiction but at the office of the Accountant General

Because of the change in payment Platform, it was discovered that some names also appear in other government payment vouchers.

Hopefully, before month ends all beneficiaries should have their payment but no longer at her office.

Luckily, the Federal allocation for the month of November is shared, the Federal account will be funded to settle all the owed 14,000 plus volunteers within next week

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