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N-Power’s stipends hit N279bn

The Federal Government on Friday disclosed that a total sum of N279 billion has been spent on Nigerian youths under the N-Power programme since December 2016.

The N-Power programme is one of the National Social Investment Programmes (NSIP) introduced by the President Muhammadu Buhari’s administration towards creating jobs and ameliorating poverty in the land.

Briefing journalists in Abuja, the Senior Special Assistant (SSA) to the President on Job Creation and Youth Employment, Office of the Vice President,  Afolabi Imoukhuede, said that the money was spent on the N30,000 monthly stipend paid to the 500,000 youths engaged under the N-Power programme.

He said that the youths were not owed a kobo under the N-Power programme.

According to him, the first batch of 200,000 youths have earned a total of N180 billion for 30 months from December 2016 to June 2019 with a monthly bill of N6 billion.

He further disclosed that additional N9 billion monthly bill was paid from August 2018 to June 2019, totalling N99 billion for the second batch of 300,000 youths engaged under the N-Power programme.

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