2021 Npower NEXIT CBN Loan Update: Hope Rekindled As Preparation In “Top Gear” For Loan Disbursement  

2021 Npower NEXIT CBN Loan Update: Hope Rekindled As Preparation In “Top Gear” For Loan Disbursement: The Npower batch A and B disengaged from the Programme may have all reasons to smile as preparation is in “Top Gear” for loan disbursement

The Npower official Facebook handle confirmed that, all is set for the CBN loan to be disbursed soon

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Disengaged volunteers of the Programme are left in the dark regarding the Exit loan package

A portal opened to register volunteers’ interest in the Programme lasted for six months, but the loan disbursement is yet to see the light of the day, as government is yet to shed clear light on the next move on the Programme

The Humanitarian Minister encouraged disengaged volunteers to exercise more patient as something big await them

Words of Hajiya Sadiya Farouq, regarding the CBN loan offer -NEXIT

“Despite this, the exited beneficiaries are advised to exercise more patience and await the result of the efforts being made by the Honorable Minister who is currently engaging various MDAs including the CBN and the Federal Ministry of Agriculture and Rural Development to ensure that the eligible exited beneficiaries are transited to government progammes or even employment where available”-SADIYA UMAR 2020

 “We have commenced the transitioning of beneficiaries from Batches A and B into government entrepreneurship schemes and engaging private sector bodies to absorb some of the beneficiaries after the completion of psychometric assessment to determine competency and placement into various opportunities.

“The Federal government is committed to the continuation and expansion and as such will now begin enrolment and onboarding of a new Batch of beneficiaries.

Skills acquisition for entrepreneurship and job creation are critical for an economy that will require a boost post-COVID-19 and we are gearing up proactively for the challenge.”

It also explained that the enrollment will provide opportunities for more Nigerian youths to access the programme, in furtherance of the President’s vision of lifting 100 million Nigerians out of poverty

We have directed Focal Persons of NSIPs in all the states to submit an updated list and details of the exited N-Power beneficiaries that are interested in participating in the transition plans of the ministry



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