Business & Loans

NASIMS Pause Payment Of October Stipend Of Graduate Beneficiaries

Published

1 year ago

January 6, 2022

NPower Stipend Payment News For Today 14th May 2023

NASIMS Pause Payment Of October Stipend Of Graduate Beneficiaries

If you are among the Npower Batch C stream 1 beneficiaries who are still yet to receive their October stipend should note that the National Social Investment Management System (NASIMS) has paused the disbursement of the October payment.

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NASIMS disclosed this on their Facebook page where they stated that the October payment of October Stipend has been paused to enable them to come up with another method of disbursement that will be more transparent.

According to NASIMS:

Dear Npower Batch C1 Graduate Beneficiaries,
PAYMENT OF OCTOBER STIPEND PAUSE!

In our quest to ensure Beneficiaries are paid at once, we adopted the Bulk payment approach which was PARTIALLY SUCCESSFUL resulting in some accounts getting credited and some not, due to network instability.

As a result, October payments were paused to get the challenge sorted out. Payment for the said month to all concerned shall RECOMMENCE at the shortest possible time. Please bear with us.
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For transparency purposes, we will keep updating you.
Thank you!

Npower Batch C stream 1 Beneficiaries are advised not to panic and also exercise patience as the issue will be resolved in the shortest possible time and all payments will be made.

NASIMS Pause Payment Of October Stipend Of Graduate Beneficiaries