The payment of the 9months Outstanding Stipends was a significant source of joy to many Npower beneficiaries as the payment commenced close to the festive season.
However, due to the public holidays, banks have not been able to continue the payment of the 9months outstanding Stipends.
Npower beneficiaries should note that only first payment is still being paid to the beneficiaries. While some banks have completed the first payment, some banks are yet to complete the first payment. That's why some beneficiaries are yet to recieve their Stipends.
The good news is that the holidays are over and Banks have resumed work. The payment of the 9months outstanding Stipends continues within the week. Banks that are yet to complete the first payment will be doing so within the week.
From Next week, all through third week of January, 2024, the general payment of the 9 months outstanding Stipends continues for all beneficiaries especially the Batch C2 Npower beneficiaries. Beneficiaries will be recieving more than 1 month Stipend from the second round of Payment.
The Central Bank of Nigeria (CBN) took over the payment of the 9months outstanding Stipends to prevent further stories that touch. CBN disburse accordingly to banks, then banks credit funds to the beneficiaries bank accounts. The first single payment was meant to test the payment platform, and all beneficiaries who successfully recieve the 1 month Stipend payment are fit to receive credit alerts for the next payments.
All beneficiaries should remain calm as payment is on going for all eligible beneficiaries.
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2 Comments
Thank you ma Betta for the update as we wait to receive the stipend. Thank you ma once again.
ReplyDeleteThanks Betta Edu
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