Npower Payment
What Is Npower Payment?
Npower payment is a process whereby the bank account of an Npower beneficiary is credited, Npower beneficiaries under the graduate categories receive ₦30,000 monthly stipend, while Npower beneficiaries under the non graduate categories receive ₦10,000 monthly stipend for six months.
When Do Npower Payment Start?
Npower payment is made to Npower beneficiaries once the payment list is approved by the Minister for Humanitarian Affairs, once the payment list is approved it is sent to Central Bank of Nigeria through the Accountant General of the Federation, final payment is made through Nigeria Inter Bank Settlement Scheme under the auspices of the Central Bank of Nigeria.
Who Will Receive Npower Payment?
The following Npower beneficiaries will receive Npower payment.
A) Valid BVN: Npower beneficiaries with valid bvn will receive Npower payment.
B) Valid Account Number: Npower beneficiaries with valid account number will receive Npower payment.
C) Valid Account Names: Npower beneficiaries with valid account names will receive Npower payment.
D) Names Match: Npower beneficiaries that their account names matches their BVN names will receive Npower payment.
F) Valid NIN: Npower beneficiaries with valid NIN will receive Npower payment.
G) Npower Validation: Npower beneficiaries that have completed their Npower account validation process will receive Npower payment.
H) Deployment: Npower beneficiaries that have been deployed to their places of primary assignments will receive Npower payment.
I) Npower Verification/Biometrics: Npower beneficiaries that have completed both the online verification and physical verification will receive Npower payment.
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