Npower Batch C N50, 000 Rumored Increase: Npower Forwarded Suggestion to the Appropriate Department for Consideration
Npower Batch C N50, 000 Rumored Increase: Npower Forwarded Suggestion to the Appropriate Department for Consideration: Batch C successful applicants of the Npower program have been pleading with the Federal Government to increase their stipends to N50, 000 as the rate of inflation and other economic factors are not the same compared t batch A and B.
Batch A and B of 2016 and 2017 received N30, 000 each for 40 and 24 months respectively, when the purchasing power of the naira is controlled by a moderately stable rate of inflation.
But in 2021, prices have skyrocketed due to a high rate of inflation occasioned by poor economic management and weakened naira
Successful applicants are saying “the equation should balance” by increasing the stipend to N50, 000, which 40% increase in stipend, then volunteers will save something to save at the end of the program In response to this, the official Facebook handle of the program has forwarded this request to the Appropriate Department for Consideration