Npower: FG now Uses GIFMIS (R/FGN/Feder) as a new payment platform
Description of the Ongoing Payment of NPower March stipends. See https://myeduproject.com.ng/npower-permanency-movedrop-your-signature-as-bill-goes-next-reading
Npower: FG now Uses GIFMIS (R/FGN/Feder) as a new payment platform: Some NPower volunteers struggle to understand the description of the ongoing payment of NPower March stipends.
Some of them are wondering whether the payment is the cash transfer palliative payment from the government because the payment receipt payer description state Feder unlike the previous payment which state NPower as the payer. See https://myeduproject.com.ng/npower-see-the-senator-that-spoke-on-npower-permanency-bill
It could be recalled, Hajiya Sadiya Umar Farouq, the Minister of Humanitarian Affairs, Disaster Management and Social Development, promised to pay stipends and the National Homegrown School Feeding Programme (NHSFP) using the Government Integrated Financial Management Information System (GIFMIS)
Government Integrated Financial Management Information System (GIFMIS) is a well-designed government platform that seeks to facilitates payment of any kind smoothly and faster
Aimed at enhancing accountability and transparency in public monetary administration, GIFMIS now replaces NEFT, which is National Electronic Funds Transfer, which is processed via NIBSS, which is an old style compounded with delays and strenuous processes. See https://myeduproject.com.ng/npower-hope-rekindled-as-rep-moves-for-permanency-of-all-volunteers
It is not just safe but suits a massive programme like n-power, where the number of beneficiary is half of a million and the National Homegrown School Feeding Programme (NHSFP)
The Government Integrated Financial Management Information System (GIFMIS) had all of these sorted out, henceforth, there will be more rapid payment system in the National Homegrown School Feeding Programme (NHSFP) and the N-power- Hajiya Sadiya Umar Farouq added
The February payment is from NEFT, which is national electronic funds transfer, which is processed via NIBSS, Nigerian interbank settlement system. It’s just difference in payment platforms.
The “FEDER” means nothing, the minister terminated the old contractor sending the bulk payments to beneficaires so a new contractor stepped and perhaps used the inscription instead of the normal npower,
The Money that came in is exactly N30,000 which is the usual figure being paid to NPower volunteers.
The government covid-19 palliative cash is not up to that amount. However, time will tell if there is going to be any palliative payment for NPower volunteers. See https://myeduproject.com.ng/npower-permanency-movedrop-your-signature-as-bill-goes-next-reading
If you are an NPower volunteer, note that payment of march stipends has commence and if you have not receive your march payment, wait patiently as payment is still ongoing and you will receive yours