Npower: Betta Edu Not Investigated For ₦30,000,000,000

According to Npower News, in recent developments, the Economic and Financial Crimes Commission (EFCC) has issued a clarifying statement regarding ongoing investigations involving the suspended Minister for Humanitarian Affairs and Poverty Alleviation Betta Edu, throwing light on misconceptions and misinformation all over the social media. Contrary to rumors online that ₦30,000,000,000 was recovered from the suspended Minister for Humanitarian Affairs and Poverty Alleviation Betta Edu, EFCC has disclosed that Betta Edu, is not under investigation for any alleged misappropriation of ₦30,000,000,000. Instead, the Economic and Financial Crimes Commission (EFCC) has confirmed that the investigation pertains to a significantly amount, specifically ₦587,000,000.

According to Npower News, it has been stressed that the suspended Minister for Humanitarian Affairs and Poverty Alleviation Betta Edu is not associated with any scrutiny related to funds transferred to fifty bank accounts. The distinction between the case of Betta Edu and Halima Shehu, who is being investigated for misappropriation of funds amounting to ₦44,800,000,000 without any official approvals, has been clarified.

It is important to acknowledge the significance of transparency and accuracy in such matters, especially concerning individuals in public positions. The Economic and Financial Crimes Commission (EFCC) clarification serves as a reminder of the importance of verifying information before accepting it as truth, particularly in an era where misinformation can go viral across various social media platforms.

In conclusion, the EFCC’s clarification regarding the case of Betta Edu, reaffirms the agency’s dedication to upholding the rule of law and maintaining transparency in its operations. It also serves as a reminder to the public to exercise caution when consuming information, especially in the age of digital media where misinformation can easily proliferate. As the investigation on Betta Edu progresses, it is essential to await further updates from reliable and trustworthy sources and to desist from spreading unverified claims that may tarnish the reputations of individuals unjustly.

Source: https://guardian.ng/politics/efcc-betta-edu-not-investigated-for-30-billion-naira/

Npower: ₦30,000,000,000 Recovered From Betta Edu, Halima Shehu Fifty Bank Accounts Under Investigation

According to Npower News, the Economic and Financial Crimes Commission (EFCC) has so far recovered ₦30,000,000,000 from the suspended Minister for Humanitarian Affairs and Poverty Alleviation Betta Edu and the embattled chief executive officer Halima Shehu while the Economic and Financial Crimes Commission (EFCC) has also placed fifty bank accounts under investigation in the ongoing investigation of Betta Edu the ex-Minister for Humanitarian Affairs and Poverty Alleviation, Betta Edu, including Halima Shehu the former chief executive officer of the now suspended National Social Investment Programme Authority (NSIPA).

According to Npower News, Betta Edu and Halima Shehu were suspended about three months ago by President Bola Ahmed Tinubu over alleged misappropriation of public funds. President Bola Ahmed Tinubu also suspended Npower and the  Social Investment Programme and, thereafter, directed the Economic and Financial Crimes Commission (EFCC) to handle the matter and investigate both embattled officials, Betta Edu, Halima Shehu including anyone other party involved.

Three months after, the executive chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, who made this known to the public, said the the Economic and Financial Crimes Commission (EFCC) was making progress on the investigation on the Betta Edu's case, stressing the magnitude of the case and the need for Nigerians to exercise a great deal of patience.

The Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede made this revelation in the March edition of the commission’s monthly e-magazine, EFCCAlert, obtained by LEADERSHIP on Monday.

Mr. Ola Olukoyede said “We have laws and regulations guiding our investigations. Nigerians will also know that they are already on suspension and this is based on the
investigations we have done, and President Bola Ahmed Tinubu has proved to Nigerians that he is ready to fight corruption.

“Moreover, with respect to this particular case, we have recovered over N30 billion, which is already in the coffers of the Federal Government. It takes time to conclude investigations; we started this matter less than six weeks ago. There are cases that take years to investigate. There are so many angles to it. And we
need to follow through with some of the discoveries that we have seen. Nigerians should give us time on this matter; we have professionals on this case and they need to do things right. There are so many leads here and there.

“As it is now, we are investigating over 50 bank accounts that we have traced money into. That is no child’s play. That’s a big deal. Then you ask
about my staff strength. And again, we have thousands of other cases that we are working on.

“Nigerians have seen the impact of what we have done so far, by way of some people being placed on suspension and by way of the recoveries that we have made. You have seen that the programme itself has been suspended.

“We are exploring so many discoveries that we have stumbled upon in our investigation. If it is about seeing people in jail, well let them wait, everything has a process to follow. So Nigerians should wait and give us the benefit of the doubt.”

Source: https://leadership.ng/betta-edu-n30bn-recovered-50-bank-accounts-under-investigation-efcc/

Npower News Today On Npower Payment April 8th 2024

 According to Npower News today on payment April 8th 2024, the National Association of Npower Beneficiaries through their Twitter handle has there is strong indications from the Presidency that Npower payments to beneficiaries of Npower will recommence this month as President Bola Ahmed Tinubu plans to finally lift the suspension of Npower.

Recall that Npower was initially suspended by President Bola Ahmed Tinubu few months ago over alleged misappropriation of funds by Betta Edu, since the suspension of Npower the House of Representatives has been clamoring to President Bola Ahmed Tinubu to lift the suspension of Npower so that beneficiaries of Npower can receive their Npower payment.

Whether Betta Edu will be reinstated as the Minister for Humanitarian Affairs and Poverty Alleviation or not the main issue is that beneficiaries are lamenting over their Npower payment even some beneficiaries of Npower saying that they have nothing to do with the alleged misappropriation of funds by Betta Edu therefore the federal government should deem it fit to lift the suspension of Npower. 

Beneficiaries of Npower completed their Npower program few months ago and many beneficiaries of Npower both under the Npower graduate categories and the Npower non graduate categories are yet to receive their Npower payment, some beneficiaries of Npower are being owed three months, some beneficiaries of Npower are been owed four months, some beneficiaries of Npower are being owed six months and even some beneficiaries of Npower are being owed 12 months. The beneficiaries of Npower are calling on President Bola Ahmed Tinubu to overturn his decision and lift the suspension of Npower especially during this period of economic hardship in the country.

Npower was a federal government initiative established by President Muhammadu Buhari in the year 2016 to tackle poverty, unemployment and to make beneficiaries self reliant and employers of labour.

Source: https://x.com/NpowerNatlBody/status/1777300068019695781