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NSIP Disburses N13.3b To 15,246 Npower Beneficiaries

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Latest Npower News In Nigeria For Today, Thursday, 24th September 2020

A total number of 15,246 beneficiaries of both batches A and B Npower beneficiaries in Kwara state were paid a sum of N13.3 billion before they exited the programme, National Social Investment Programme (NSIP), has said.

Naija News reports that Kwara state Focal Person of NSIP Hajia Bashirah Abdulrazaq who disclosed this in a statement on Wednesday said that batch A beneficiaries of the programme were engaged for a period of 42
months and were paid a total sum of N7.4 billion.

The Kwara state Focal Person of National Social Investment Programme (NSIP) said on Wednesday that Npower batch B beneficiaries spent about 24 months, saying they received a total sum of N5.7 billion.

According to her, “non-graduates received the sum of N10,000 every month and were engaged for a period of 24 months with a total sum of over N24 million spent,” she added.

The Kwara state Focal Person of NSIP also said that the Kwara state government had replicated the youth empowerment programme, codenamed K-Power, in order not to throw
beneficiaries in to the labour market after exiting N-Power.

Abdulrazaq who said that about 10,000 people benefitted from “trader moni” programme in the state with over N1.3 billion disbursed to them, lamented that the people were not willing to repay the loan.

Said she: “Poor masses are not ready to repay the loan after collection because of the attitude of Nigerian to anything from the government thinking it is national cake. Also, those that disbursed the money do not have records of beneficiaries like phone numbers and addresses. Thus, making it difficult to track them for repayment.

“The programme is designed to provide soft loans to boost small scale businesses in the markets which Vice President Yemi Osinbajo flagged off sometime last year to support women with N10,000 as soft loans to
be paid back and then enjoy the next stage of N50,000.

“Unfortunately, many beneficiaries didn’t pay back or the channel for payment was not identified, therefore, beneficiaries could not fulfill their pledges. Though, the component is going through restructuring to
seeing it achieves its objectives,” she said.

The Kwara state Focal Person of NSIP also said that the state government has replicated NSIP scheme in the state, tagged Kwara state Social investment programme, (KWASSIP), adding that, “in view of that, upGovernor Abdulrazaq keyed into the programme by establishing the following, owo arugbo- stipend for the aged, owo isowo- soft loans to petty traders, ounje ofe -home grown free feeding programme for public primary school pupils and K-Power for the unskilled youth.”

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