SPW Jobs: Participating Banks Resumes Full payment To Beneficiaries.
SPW jobs payment: We are pleased to announce to you that the federal government has resumed full payments for the special public works beneficiaries.
The Nigerian Banks selected for the 774,000 Special Public Works Programme have commenced massive Stipend payments to the beneficiaries of the Programme, in a bid to clear all outstanding payments as directed by the Federal Government.
Access Bank, Fidelity, and FCMB had in June commenced the complete payment of N40,000 to participants who had earlier received the initial payment of N20,000 and N60,000 to participants who have not received the first, second, and third Stipends.
The Minister for State, Labour, and Employment, Mr. Festus Kayemo had in a statement disclosed that his Ministry discovered irregularities such as accounts not matching BVNs, multiple accounts bearing a single BVN, non-existent BVNs, etc thereby mandating the participating Banks to rectify all issues before the commencement of the payments.
Other participating banks such as UBA, Heritage Bank, etc have, Monday, commenced full payment of N60,000 to the participants after sorting the underlying issues.
As part of the Exit plan for the participants of the Extended Special Public Works Programme, the federal government earlier in July announced its plan to conduct a business training that would enable the participants to effectively utilize their 3 monthly Stipends.
The spokesman of the National Directorate of Employment (NDE), Edmund Onwuliri, disclosed that the Training would be held at each State’s Senatorial Zones plus FCT, adding that the Participants are expected to acquire relevant skills that would enable them to identify and manage micro and small businesses of their own after they exit the ESPW.
Reports across the federation revealed that some States and Senatorial Zones have concluded the Training while it is yet to begin in some State and Senatorial districts.
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