This is to inform all beneficiaries of the N-Power Scheme that payment of stipends/salary have now been moved to the Government Integrated Financial Management Information System (GIFMIS) platform and this requires a few more processes. Read more
The delay in payment of the N-Power Agro, N-Power Build, and N-Power Tech beneficiaries is as a result of the movement of N-Power Scheme Payment gateway to the Government Integrated Financial Management Information System (GIFMIS) platform. This Platform was imitated to regulate the payment processes in the N-Power Scheme.
About the Government Integrated Financial Management Information System (GIFMIS)
This is an I.T based system for budget management and accounting that is being implemented by the Federal Government of Nigeria to improve Public Expenditure Management processes, enhance greater accountability and transparency across Ministries and Agencies. GIFMIS is designed to make use of modern information and communication technologies to help the Government of Nigeria to plan and use its financial resources more efficiently and effectively.
Portal for GIFMIS
The portal is http://gifmis.gov.ng/gifmis/
GIFMIS will be also used in the followings;
- Budget preparation and execution
- Treasury management and reporting
- General ledger and financial reporting
- Procurement, including Commitments, purchase orders, Maintenance of a central supplier register and Support for e-procurement
- Receipting, Accounts Receivable and Revenue Management
- Payments and Accounts Payable
- Inventory and Stock Control
- Fixed Asset Management
- Project accounting
Note: All beneficiaries should be calm and patient for this process to be completed; all your owed stipends/salaries will be paid accordingly. Thank you.