The Federal Government has approved the payment of an additional N4500/ monthly to all the 200,000 N-Power beneficiaries to purchase a computer tablet or i-Pad which would be loaded with different applications that would further enhance their skills.
The payment for the device would be stretched for 20 months, with the subsidy by government covering the repayment in some months and the Bank of Industry (BoI) financing the acquisition of the tablets.
According the Mr. Laolu Akande, the SSA media in the Vice President’s office, each N-Power graduate, after being verified would select his choice of device amongst nine different BOI pre-approved vendors.
Akande, who made known this new dimension of the N-Power programme while giving an update today, said repayment plans ranges between N3,000 to N6,700 monthly.
He said almost 100,000 graduate N-Power beneficiaries have completed their orders for the devices, adding that the Bank of Industry is in charge of effecting the orders made.
According to him, at the last count 149,669 Nigerian graduates of the 200,000 engaged by the Federal Government under the N-Power Volunteer Corps are now collecting their monthly stipends of N30,000 monthly having been physically verified and deployed across the 36 states and FCT.
He said the beneficiaries on government pay roll have been physically verified and deployed, while their bank accounts have also been matched with the Bank Verification Number. (NAN)
