Business Hilights

Tracking Nigeria's Headline Business News Online


Over 200,000 N-POWER beneficiaries screened using BVN—-VP

Ad 2
Ad 3

Indication emerged Sunday that the planned employment of 200,000 by the federal government were successful as the presidency has confirmed that things are going according to plans.

A pointer to this was given by the Senior Special Assistant on Media & Publicity in the Office of the Vice President, Mr. Laolu Akande who revealed that over 90 per cent of the 200,000 unemployed Nigerian graduates selected in the first batch of the N-Power Volunteer Corps (NPVC), have been verified using the Bank Verification Number (BVN).

He said any untrue information submitted in the process of application is a ground for disqualification.

While giving an update on the N-Power Volunteer Corps, he said it is now advancing with assignment of beneficiaries to their places of deployments in their states of residence.

Akande who referred to a BBC report last week regarding the testimonials of some of the selected Nigerian graduates noted that “it is most gladdening that those who were selected are now telling the stories of how they have not been employed for years, but now grateful to the President for this initiative.”

Some of them, he added, express satisfaction, according to the BBC report now online, that even though they knew no one in government, they were selected for the paid volunteer job program, attesting to the transparency of the selection process.

The Senior Special Assistant stated that all the states and the FCT through the focal persons they appointed have since received the list of the 200,000, and now working on deploying the beneficiaries to their places of assignment.

He also explained that by using the BVN which is one of the most viable means of identification in the country today, there is hardly any way anything fraudulent can sail through in the process.

“We are confident that the selection process, all the way through with BVN, and physical verification at the points of deployment in the states and the local government areas, are both transparent and impossible to abhor ghost beneficiaries, or any kind of fraud,” he asserted.

Already, Akande disclosed that 93 per cent of those selected have been screened through the BVN, with the commendable assistance of the Nigerian Inter-Bank Settlement System Plc (NIBSS) and only authentic and verifiable beneficiaries will be paid the N30,000 monthly stipends starting December.


Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.