Monday, April 9, 2018

N-Power Device Payment: Some Beneficiaries Noticed Three Month Deduction In March Stipends

Just as NPower beneficiaries are beginning to think that the federal government has forgotten about the deduction of certain amount from stipends of beneficiaries that selected device that are higher than the required prize budget for Npower device, devices like Speedstar and Tecno. A few beneficiaries have noticed a deduction in their march stipends.

You will recall that the Federal Government entered into a 20-month Assest Finance Agreement with the Bank of Industry for the N-Power devices.

Beneficiaries who selected the Tecno and Speedstar devices incurred additional monthly charges over and beyond the N4,500 monthly device credit voucher of the Federal Government.

Consequently, the additional costs will be deducted from their stipends between the months of March and July, 2018.

However, Mr Afolabi will be holding a Facebook video chat today by 8pm and we believe that he will shade more light on this issue. So make sure you did not miss hanging out with Afolabi.

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