A recent report has stated that the federal government is set to reshuffle and reorganize the N-Power scheme.
According to report, the reshuffling won’t go really smooth with some beneficiaries as it has been disclosed that about 500,000 of them engaged in the N-Power scheme will have to look elsewhere for means of earning as the government is set to terminate their existing engagement.
It was disclosed that 500, 000 beneficiaries have been enrolled into the the programme in different batch. Batch A comprising of 200, 000 participants which started in September, 2016 and Batch B with 300, 000 participants which started in August, 2018.
Report revealed that the beneficiaries have spent over 40 months in the programme instead of 24 months slated for it. To this effect, the both batches will soon be terminated. This was stated in a statement by Salisu Na’inna Danbatta – the special adviser on media to the minister of humanitarian affairs, disaster management and social development minister Sadiya Farouq.
“The current beneficiaries have overstayed in the programme thereby denying other Nigerians the opportunity to be enrolled in the programme” – Iliya who signed the statements said.
But when the programme is eventually disengaged, the number of people that will be rendered jobless will compound Nigeria’s already bad unemployment figures.
The last official figures released by Nigeria’s statistics office put the unemployment rate at 23.1%. Labour minister Chris Ngige said that figure could rise to 33.5 this year.
Illiya who confirmed that the government is working on terminating the programme did not give a specific date or month when it’ll take place.