The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouk, has disclosed that the federal government would enrol 300,000 N-Power beneficiaries into the N-Power exit program.
The minister stated this on Thursday during the weekly ministerial media briefing organised by the Presidential Communications Team at the Presidential Villa, Abuja.
Explaining the controversial exit programme of the N-Power, Farouk affirmed that the Federal Government plans to enrol about 300,000 applicants into a training programme, while the Central Bank of Nigeria would give them loans.
She stated, “On the N-Power, thank you for bringing that up, and you asked another question if anybody really benefited from the programme. We have 500,000 on the programme, with the batches ‘A’ and ‘B’ being on the programme for four years and two years, respectively. Batch ‘A’ was on the programme for about four years, and we were giving them N30,000 stipend monthly. And Batch ‘B’ benefited for two years.
“So, yes, the N-power beneficiaries have benefited, because these are people who were not employed, who had nothing to do, but were engaged and were being paid stipends to earn a decent living.
Among many other things, the minister also revealed that some Nigerians have never seen N5000 in their lives.
Farouk said this while explaining the positive impact the cash transfer program has made overtime.
Cash transfer: Many Nigerians Have Not Seen N5,000 Before – Finance Minister
Leave a comment