NASIMS Disbursement and Payment Date for February/March 2024
Did you apply for the National Social Investment Management System program? Check this NASIMS disbursement and payment date to know when you will start expecting your payment for this month.
NASIMS, an acronym for National Social Investment Management System, is a platform established by the Nigerian government to manage and coordinate various social investment programs.
One of the key aspects of NASIMS is the disbursement of funds to beneficiaries of these programs. The payment date refers to the specific date on which these funds are credited to the beneficiaries’ accounts.
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NASIMS Disbursement and Payment Date
The NASIMS disbursement and payment date is determined by several factors, including the specific program, budgetary allocations, and administrative processes. Here is a general overview of the payment schedule:
N-Power Program
N-Power beneficiaries typically receive their stipends on a monthly basis. The payment date usually falls within the last week of each month or the first week of the following month. Beneficiaries are notified in advance through their registered email addresses and phone numbers.
National Home-Grown School Feeding Program
This program provides meals to primary school pupils in participating states. Payments to cooks and vendors involved in the program are usually disbursed on a monthly basis. The exact payment date may vary depending on the state and administrative processes.
Conditional Cash Transfer Program
The Conditional Cash Transfer program provides financial support to vulnerable households and individuals. Payments are typically made on a bi–monthly or quarterly basis. Beneficiaries are notified in advance about the payment schedule and can access their funds through designated payment channels.
Government Enterprise and Empowerment Program (GEEP)
GEEP offers micro-loans to small business owners and entrepreneurs. Loan disbursements are made based on the specific loan product and the borrower’s repayment schedule. Beneficiaries are informed about the loan disbursement process and repayment terms.
It’s important to note that the NASIMS disbursement and payment date may be subject to changes due to unforeseen circumstances, such as delays in budgetary approvals or technical issues.
Beneficiaries are advised to regularly check their registered email address and phone for updates and notifications regarding payment dates. Additionally, any concerns or inquiries related to NASIMS payments should be directed to the appropriate NASIMS officials or designated support channels.