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Economy & Politics

4.48 million beneficiaries apply for N-Power jobs in 16 days

The Minister for Humanitarian Affairs, Disaster Management and Social Development announced on Twitter.

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4.48 million beneficiaries apply for N-Power jobs in 16 days

The Federal Government have announced that it has received 4.48 million applications from beneficiaries for the Batch C of its N-Power programme within 16 days.

The N-Power 2020 recruitment portal which opened on Friday, June 26, 2020, at 11.45 pm is the third batch of the programme

This was disclosed in a tweet post by the Minister for Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, on her official Twitter handle on Sunday, July 12, 2020.

READ MORE: COVID-19: Ekiti workers, top officials donate over N48.7million from salaries

The Minister in the tweet post said, ‘’My team and I continue to interface with stakeholders to ensure a successful transition for the N-Power programme. It has been 16 days since the portal opened and we have received 4.48 million applications to date.’’

According to the ministry, the batch C of the N-Power National Social Investment Programme (NSIP), will only absorb 400,000 applicants at the end of the recruitment exercise.

READ ALSO: FG’s conditional cash transfer programme gets more beneficiaries despite criticism

Nairametrics had over 2 weeks ago, reported the opening of fresh online application portal for the batch C of the N-Power Programme. It was reported that those that applied before the due date and time set for opening of the portal, will have it declared null and void. They also said that all the processes involved in the application are free and as such, applicants do not have to pay anybody.

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It was also reported that upon the opening of the portal, the ministry received over 1 million applications across the country within a period of 48 hours. While playing down the initial fear of the portal being compromised, the ministry also assured that it was secured, with all data safe.

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Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

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    Business News

    Financial Autonomy: Governors, State Speakers reach agreement

    The Governor also said that the final document of the agreement should be ready for implementation by May 2021.

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    The Governors’ Forum, Conference of Speakers of State Legislature and other governance stakeholders announced that they reached a resolution over the implementation of financial autonomy for State Legislature and Judiciary.

    This was disclosed by the Ekiti State Governor and Chairman Nigeria Governors’ Forum, Kayode Fayemi, after the meeting, which was held in Abuja on Monday, and presided by the Chief of Staff to the President, Prof. Ibrahim Gambari.

    What the Governor said

    “We are here for legislative and judicial autonomy and Governors; Speakers of State Assemblies and the Judges of the States are on the same page as far as this issue is concerned,” he said.

    We just emerged from a meeting with the Solicitor General of the Federation, the representatives of the judiciary and those of the Conference of Speakers and we are all in force; an agreement has been reached.

    READ: Finance Minister tasks FG and state governments to control spending

    The issue is about implementation. There has been no objection from governors on judicial and legislative autonomy.

    As a matter of fact, it would not have passed if governors were not in support in the first instance. So, that issue has been fully and holistically addressed,” Fayemi said.

    The Governor also said that the final document of the agreement should be ready for implementation by May 2021 and urged striking workers  to return  to offices “because as far as this has gone, we have met with all the parties concerned and the President, through his Chief of Staff, has been monitoring what has been happening.”

    What you should know

    Nairametrics reported earlier this month that members of the Judiciary Staff Union of Nigeria (JUSUN) went on strike with the closure of Federal High Courts in different states across the nation. The union said the purpose of the strike was to draw attention to the financial autonomy of Nigeria’s Judiciary.

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    Business

    Finance Minister tasks FG and state governments to control spending

    The Minister also denied claims that the FG printed N60 billion as top-up for March FAAC numbers.

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    land borders to be reopened soon, Finance, Ministaer, vow to recover AMCON debt through issuance of promissory notes, FG reiterates stance on IPPIS as ASUU threatens strike, Finance Minister, Zainab Ahmed identifies capital market as key driver for economic growth , Nigeria has paid $1.09 billion to service its debts in 2019  , Dividends on oil proceeds will be taxed - FG , State governments own most bad roads - Finance Minister says, Budget deficit increases by N351.98 billion, as FG misses revenue target, Economy: Funding MSMEs in Nigeria , Finance Bill: New tax regime to take effect from Jan 2 - FG , Again, Finance Minister argues that Nigeria is not in debt distress , ECOWAS: Single currency regime not kicking off in 2020  , FG: CBN holds N43 billion stamp duty charges collected by banks , FG may shift deadline to deactivate bank accounts without tax verification, Confusion as ministry and presidency disagree over Finance Act start date, 7.5% VAT: Implementation to begin Feb 1 – FG , Finance Minister: Nigeria to go into recession if ..., Foreign tech companies that will now pay tax to FGN: see the criteria

    The Minister of Finance, Zainab Ahmed, has called on Governments on all levels in Nigeria to control spending amid decreasing revenues and urged for prudent government spending. The Minister also denied claims that the Federal Government printed N60 billion as top-up for March FAAC numbers.

    The Minister disclosed this in an interview on Monday and warned that the FG was not generating enough revenue to align with its spending habit.

    READ: UK to return £4.2million seized from Ibori to Nigeria

    Zainab Ahmed added that the FG would maintain its stance from January 2021 to end total fuel subsidies in Nigeria, and confirmed talks with organised labour on subsidy removal.

    “As a nation, the Federal, State and Local governments must review expenditure patterns. We are spending too much and we are not generating enough,” she said.

    READ: Resolving the global debt and liquidity crises, issues and possible solutions

    What you should know 

    Nairametrics reported last month that the Debt Management Office had announced that Nigeria’s public debt at end of 2020 was N32.915 trillion. The DMO said the sum of the debt included the Debt Stock of the Federal and State Governments, as well as the Federal Capital Territory.

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