The Federal government has said it recovered looted N-Power funds from the consultants engaged by past administration of Muhammadu Buhari, NewsWireNGR reported.
Mr. Akindele, the National Program Manager of N-Power, revealed this in a meeting held with representatives of N-Power beneficiaries.
He said that the Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu has been relentlessly working to correct the irregularities in the scheme and the social investment programmes under the ministry.
“The good news is that the funds have been recovered yesterday and you will be getting your money soon. Payment for N-Power Beneficiaries Batch C who have been owed for eight months will begin soon.
“These irregularities have made the common man to lose faith in the ability of the government to provide social safety cover for its population but Dr Betta Edu is engaging all necessary steps to resolve these issues and deliver the Renewed Hope Mandate of President Bola Ahmed Tinubu to Nigerians.
“Many irregularities which hitherto had sabotaged the smooth implementation of the Program are being addressed. It would be recalled that on assumption of duty, it was noted that many beneficiaries did not receive payment for their monthly allowances while monies were been held up by the consultant managing the enrollment and payment system whose contract had long expired. The good news is that the money has been recovered and it would allow for payment of beneficiaries.”
Mr Akindele explained that these and more were the irregularities, which the minister was working round the clock to resolve so as to create a good foundation upon which the Renewed Hope N-Power will expand to reach five million young Nigerians.
The National Program Manager, therefore, called on young Nigerians to be patient as the restructuring was in their best interest and it would lead to the expansion of the program to accommodate millions of young people.
“President Tinubu is committed to eradicating poverty and he will deliver on it,” he stated.