Npower March Stipend Payment Activated
The initiation of the Npower March Stipend Payment comes hours after beneficiaries accused Buhari’s Minister of Humanitarian Affairs, Sadiya Umar Farouq, of embezzling funds meant for salary of N-Power batch c1.
The activation of the Npower March Stipend Payment was confirmed by our correspondent through the dashboard of one of the Npower batch c Beneficiaries.
The March stipend is currently shown as pending.
NASIMS management reads as
2022 March Payment Successfully initiated. Crediting of Accounts are expected to follow suit as soon as possible, while all outstanding payment are being resolved and paid out.
See Latest npower news on february payment STAGES: Know your status today
All N-Power Batch C1 beneficiaries should Know their status.
- PENDING means Validation stage
- PROCESSING means Disbursement stage
- PAID your account has been credited.
The Nigeria Youth Investment Fund (NYIF) is currently disbursing funds to youth beneficiaries whose applications have been approved by the Federal Ministry of Youth and Sports Development.
From the over 25,000 successful candidates who are expected to be part of the loan, less than 14% of the newly shortlisted applicants have responded to emails confirming their approval to receive the soft loan. The email sent contains instructions on how to access the funds. The email response rate has been extremely low. Others who responded, on the other hand, have received funds into their PFI-designated bank accounts.
To complete the disbursement process, shortlisted candidates must respond to communication. Those who do not respond risk losing out on this chance.
The Nigerian Youth Investment Fund (NYIF) provides funding to young people who have expressed a need for a business, with amounts ranging from N250,000 (two hundred and fifty thousand naira) to N3m (three million naira), depending on the size of the company and its evaluation.