DO You KNOW that Nearly 5 Million People Applied for N-Power (Batch C) Scheme this Year
From the moment it was confirmed that indeed, contrary to rumours and false information, Nigerians were indeed susceptible to the Coronavirus, it was only a matter of time before the extreme poverty which hovered over the lives of half of adult Nigerians would begin to yield dire consequences.
Poverty and hunger is rife across the country, with nearly 70% of all Coronavirus interventions dealing with providing food and other basic amenities. Such is the reality of our country now. And this is why it should come as a surprise to absolutely no one that 4.48 million Nigerians applied for the Batch C round of applications for the N-Power employment and enterpreneur empowerment scheme.
N-Power has existed in many variant forms, but its current incarnation was facilitated by former President Goodluck Jonathan who split the scheme into batches and created the current model that finds and funds enterpreneurs seeking to strike out on their own with the promise of repayment based on an agreed timeline.
As with Goodluck Jonathan, the Buhari administration’s efforts to implement the scheme has been met with widespread corruption, distrust among the elite and a desperate unemployed youth population looking for a pick-me-up. It is quite the cocktail.
