NPower In March: 5 Facts Steering At Batch A/ B/ C1 (No 2 is Impressive)
The Federal Government largest youth empowerment program, the Npower will gain momentum as the month of March draws near, the month of March promises to be rewarding and fascinating
There are much good news coming in as the Month of March draw close, the program has been receiving attention since the beginning of February, but more progress would be seen in no distant time
Let us unlock 5 facts that will come to pass as the month of March draws near, in no specific order, find some 5 Facts Steering At Batch A/ B/ C1 (No 2 is Impressive)
NASIMS To Starts Paying Backlogs To Batch C Stream 1
News reaching Npower batch C Stream 1 beneficiaires have started receiving December stipend, all Npower Batch C Volunteers should begin to receive credit alert payments for other months in March
If you are yet to receive your payments please exercise patience as the payment is ongoing and every Npower Batch C Volunteer will receive his or her payment.
. NExit/NASIMS: Stipend/Loan Structure For Npower Batch A/B/C1
. Nexit Loan Programme: How to Prepare For Training (Accessing Manual)
Please ignore what your payroll status is saying at the moment and focus on your bank credit alert, all October and November payment is treated and will be paid to all Npower Batch C Volunteers as backlogs, backlogs mean payment arrears and will be treated as such.
If you have not yet received your October and November stipend please exercise patience as the payment issue is just recently worked on and it is ongoing, all Npower Batch C Volunteers yet to receive their October and November payments will be paid.
NEXIT Training and CBN Loan Disbursement Will Happen in March
The Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Farouk disclosed that about 300,000 Batch A and B volunteers of the Npower program will be processed for the CBN massive loan disbursement program
According to Umar Sadiya, the Central Bank of Nigeria (CBN) will give loans to the trained applicants, she vividly cleared the air on the number to be engaged
. How To Check And Confirm Your NEXIT Loan Training 2022/2023
. CBN NEXIT Loan Update: How to Get Higher Disbursement Payment As Training Begins
. NEXIT Loan Training 2022: If You Have Not Confirmed Your Eligibility, See What To Do
. How To Accept CBN NEXIT (Batch A/B) Loan: 6 Practical Steps To Follow
“Farouk affirmed the Federal Government’s plan to enroll about 300,000 applicants into a training program, while the Central Bank of Nigeria would give them loans”
In no distant time, there will be massive training of about 300,000 volunteers, and after the training, Batch A and B volunteers will have the option to choose their loan option as done with the NYIF, Covid-19 loan, and other FG Loan programs
President Approves NEXIT, Loan Will Be Given At The End Of The Quarter
In a press briefing between the Minister for Humanitarian Affairs and the Press, the Minister for Humanitarian Affairs highlighted the benefits of the National Social Investment Programmes, the Minister was asked questions about the exit plan and NEXIT strategy and her response was that :
300,000 out of 500,000 Npower exited volunteers have expressed interest in the NEXIT program
Npower Batches A and B exited volunteers will be trained on different skills of their choice
Loans will be given to Npower Batches A and B volunteers at the end of the training, loans will be disbursed by the Central Bank of Nigeria at the end of the quarter (which is around March)
109,000 exited Npower Batches A and B volunteers have become entrepreneurs
Npower Batch A benefited from the Npower program for about three to four years, while Npower Batch B benefitted for two years.
President approves NEXIT package.
. Npower Nexit Training Registration Still Ongoing (Free Interest Loan)
. Download Npower NEXIT Training List Batch 1 & 2 ( All 36 States)
. Nexit CBN Loan: 400,000 Volunteers to Get 650k/800k to N5M without Collateral
. How To Solve Npower NEXIT Registration Issues (Training & Eligibility)
. Npower Nexit Batch 1 Training Date, Venue, And Requirements 2022/2023
By implication the end of the quarter of the fiscal year is by March 31st, the financial fiscal year has four quarters: First Quarter: January 1st – March 31st.
Going by the Minister’s statement the NEXIT program will commence by March, which happens to be the end of the first quarter if going by her statement.
Npower exited Batches A and B volunteers have been advised to exercise patience and wait for the exit package and training, Npower Batch A and B volunteers will be trained first, then after the training comes their exit package which is a soft loan disbursed by the Central Bank of Nigeria.
Backlog payment to 14,200 Batch A and B volunteers
Over 1.3 Billion naira was released for the payment of backlog to affected batch A and B volunteers, this money has not been disbursement yet, it is lying idle in CBN, this is because the CBN and Office of the Humanitarian Minister are yet to reach a compromise of the numbers of volunteers flagged by GIMIS sometime in 2020
As batch C stream 1 receives its 2 months backlog, there are high hopes. 14,200 batch A and B would be paid along
See proof here : Breaking- Npower Batch A and B Beneficiaries Stipend Payment Update
So, relax, no one will steal your money as all are on the pipe to pay all outstanding stipends soonest
FG to Open Portal for Additional 5 Million Persons Within 2022
The Federal Government has expressed its readiness to bring in an additional 5 million persons into the Npower program, this was confirmed by the Minister of Humanitarian Affairs, and Social Development, Umar Farouq Sadiya. See link
This is will score the ruling party more political points to be re-elected, and in line to lfit the country out of strict poverty, 5 million persons will be added to the npower program come 2022
Already, the 2022 budget has many provisions for wealth and job creation, poverty alleviation, and youth empowerment programs. This will be one point, the ruling party may not joke with ( the youths)
Source: NPower program 2022: Buhari Orders Increase of Beneficiaries by 5Million
So, tell your friends, relatives, and loved ones to get their credentials and papers ready, as the portal opens for massive batches D, E, F, and so on
All the facts stated in the post above have a reliable source from the mainstream media, some of the words are directly from the mouth of the Minister.
Credit goes to Mr. Ezenwaez and others
1 comment
Augie