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nabco arrears payment 2023

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Ghana Embraces Nabco Arrears Payment 2023

Ghana’s government has given Ghanaians nationwide something to look forward to with the declaration of plans to launch the Non-Academic Staff of Junior High Schools (NABCO) Arrears Payment 2022.

The Government of Ghana through the Ministry of Employment and Labour Relations is committed to the 2021 payment of NABCO arrears. This Arrears will benefit NABCO Trainees who have completed their assignment but have not yet been paid.

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The Arrears Payment 2022 is one of several interventions implemented by the Ghanaian Government for the socio-economic development of the nation. It seeks to augment the salaries of Band A and B Trainees, who in 2021, were only entitled to an upfront payment of GH₵ 4p.

Features of the Arrears Payment 2023

    • Reimbursement of Band A and Band B Trainees: The Government of Ghana will reimburse Trainees who were only entitled to an upfront payment of GH₵ 4p in 2021

 

    • Arrears Payment 2023 Process: The Arrears Payment process will take place between the months of February and May 2023

 

    • Trainees Benefiting from the Payment: Trainees who have already completed their assignment and have not yet been reimbursed will benefit from this scheme

 

How to Apply for the NABCO Arrears Payment 2023

To apply for the NABCO Arrears Payment 2023, Trainees are advised to do the following:

    • Visit the official website at nhempis.gov.gh and follow the procedures outlined there

 

    • Ensure your bank details are up to date

 

    • Contact the NABCO office if you have any queries or need more information

 

The NABCO Arrears Payment 2023 is a great initiative by the Government of Ghana to assist citizens in their socio-economic development. It is also a great way for Trainees to receive compensation for their work.

We look forward to this welcoming news, and we are sure that it will be beneficial to the citizens of Ghana. Since its inception in 2021, the National Beneficial Company Organization (NABCO) has fought to ensure that citizens live a life of financial inclusivity. As such, its flagship Arrears Clearance Relief Program continues to provide personal and professional financial support for citizens struggling to pay their arrears. From January to December 2023, the program will provide a once-off payment of arrears payments to qualifying individuals.

The Arrears Clearance Relief Program will specifically target specific categories of citizens: graduates, persons with disabilities, single parents, households with low incomes, and elderly citizens. It is anticipated that the payments will be made available in the coming months.

For ‘eligible’ citizens, the program will provide financial assistance ranging from a maximum of GH₵12,000 to a minimum of GH₵1200. Payments will be made directly to the relevant creditors or to the assigned bank accounts of the beneficiaries. Depending on the category, the support could also extend to life and medical insurance coverage.

The program is also expected to alleviate poverty levels in the country and equip citizens with the necessary skills to successfully negotiate debt settlements. Citizens can inquire to know their eligibility take and to receive further details on the program through the NABCO website.

In conclusion, the Arrears Clearance Relief Program by the National Beneficial Company Organization is designed to help those citizens struggling with debts. This program serves as a boon for individuals and households who are financially strained and need support paying off their arrears.

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