Latest news on Npower February stipend for 2020 – If you have been wondering about the latest news on Npower February stipend 2020, then you are on the right page.
As a beneficiary of N-power, you are entitled to monthly stipend until you finally receive the Exit package when you are just about to complete the Npower programme.
They were several issues with N-power stipend last year but it seems things are already turning around for good this year.
According to the news reaching us, the Federal Government has already commenced payment for Npower 2020 January stipend and many beneficiary are already smiling to bank.
It was gathered that First City Monument Bank (FCMB) users were the first to start receiving their Npower stipend in 2020 before other banks followed.
Having said that, this page will now be focusing on the latest news updates on Npower stipend for February 2020.
Npower February Stipend 2020 News
The latest news on Npower stipend is that the Federal Government has not started sending payment for the Npower 2020 February stipend to beneficiaries, after last moth’s stipend was paid.
However, it is believed that the processing of payment will start very soon and N-power beneficiaries will start receiving alert.
On your own side, login to your Npower portal and ensure that there is no issue with your bank details on your Npower NPVN dashboard.
N-power programme currently has 500,000 volunteers that receive a monthly stipend of Thirty Thousand Naira (N30,000).
If you want me to update you as soon as there is news of beneficiaries receiving Npower February stipend 2020, drop a comment below with your email address.
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq has explained the reason for the delay in payment of Npower beneficiaries in November and Decmber, 2019.
According to her, “The ministry is currently engaging the NSIP Cluster Heads for clarifications; in essence, the handover and taking process for these two programmes is still ongoing,” she said.
She also suggested that the retention of N-Power beneficiaries who should have exited was also responsible for the delay.
“That N-Power beneficiaries enrolled in 2016 are yet to be exited 16 months after the elapse of their contract; they are supposed to have been graduated to a more productive venture,” she said.