The Presidency has revealed that  the selection process for the first batch of 200,000 Nigerians to be engaged in the N-Power process has been completed.

Senior Special Assistant to the Vice President on Media and Publicity, Mr Laolu Akande, said that the applicants’ official engagement was awaiting the completion of Bank Verification Number (BVN) clearance.

According to him the verification is to ensure that the beneficiaries are paid directly; adding that no fewer than 500,000 Nigerians would be engaged in the job-creation scheme.

He said the first selection was done by Presidency officials in collaboration with Ministries of Agriculture and Natural Resources, Health and other government agencies.

Akande, added “There are no online applications required for those set of Nigerians for whom the monthly N5,000 Conditional Cash Transfer of the Buhari Social Investment programmes are designed for,’’ he said.

“there has not been any disbursement from the allocated fund not to talk of any kind of mismanagement at all. While it is true that funds are being released for the social investment programmes, it is rather preposterous for now to say there is no evidence where the funds have gone to.

“As an administration noted for its transparency, we intend to fully keep Nigerians posted of all financial expenditure in line with extant laws of the country.”