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  • Updated: January 10, 2022

Npower: Minister Raises Alarm Over Fraudulent Investment Scheme

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq has cautioned against a fraudulent investment scheme trending on social media.

AllNews Nigeria reports that some frivolous persons have been sharing a fraudulent Cash Wealth Investment Programme, asking the public to pay certain amounts of cash and get bumper returns on investment.

Fake Investment schemeFake Investment schemeReacting via a statement released by NASIMS, Sadiya warned that the ministry does not run such fradulent scheme, advising the public to disregard such programe.

The statement reads thus: "The attention of the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq has been drawn to a fraudulent Cash Wealth Investment Programme asking the public to pay certain amounts of cash and get bumper Returns on Investment.

"This is to inform the public that the Ministry does not run such fraudulent programs and should be disregarded.

"The public is advised to always verify similar post from official channels. The public should please take note."

Meanwhile, payment issues concerning the Npower beneficiaries’ stipends from September to October has been resolved as beneficiaries have started receiving their pay.

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Zaccheus Ukhueleigbe
Zaccheus Ukhueleigbe

is a media and communications professional | digital media strategist. A proud Nigerian and an advo...

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