NExit CBN Loan: FG Planning Massive Disbursement (Largest in History)
NExit CBN Loan: FG Planning Massive Disbursement (Largest in History): The Federal Government through the office of the Minister of Humanitarian Affairs, Disaster Management, and Social Development, and in partnership with the Central Bank of Nigeria is planning to disburse a massive loan package to hundreds of thousands of Nigerians Youths
This will be the largest loan program in Youth Empowerment in the continent of Africa, the Buhari-led government has been mute lately with the NExit CBN loan program, this is because funds are being secured and implementation strategies are carefully being planned
“No government in our recent history has invested as heavily as we are doing to lift 100M Nigerians out of poverty through the provision of loans and several other forms of support”-Mr. Buhari
in line with the presidential promises to lift 100M Nigerians out of poverty, Fg is set to deliver one of the largest loan programs to support young minds in businesses, via the provision of soft loans for businesses
The Federal Government has repeatedly begged Npower disengaged volunteers to remain patient and hopeful as the plans are underway to deliver Nexit CBN loan offer in a dynamic way
In UMAR SAIDYA precise words “all 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 programs or even employment where available
More Patience is to be exercised to successfully deliver Volunteers into MDAs, Sadiya Umar Farouq blamed improper arrangements at the commencement of the program to place exited volunteers after two years by the Ministry”
A malicious rumor circulating around the internet, doubting the authenticity of the Federal Government Loan Programme should be ignored
This is to bring to the notice of all Exited Npower volunteers, to disregard rumors discouraging you from registering and showing interest in the CBN loan program
The Nexit-Central Bank of Nigeria (CBN) loan package is real and will come soon, the Federal Government has continuously encouraged volunteers to exercise patience, registration for the loan program has stopped and preparation for a second stage is on the pipe
Hitches experience during last registration will soon be put to final rest as staff are on the ground to address all irregularities, currently, a secured site to register volunteers who could not register for the Nexit CBN package is on.
All batch A and B volunteers who did not register for the Loan Programme is to do so now- See Link for registration
The Buhari-led administration is methodically addressing poverty and wealth creation through many Loan programs, the Exit is one of them. Volunteers are advised to key in
The government Loan Programme is always prolonged with delays and hitches, which is fairly normal in the Nigerian situation, the data needed to process some programs needed to be prepared and worked on
Volunteers having a login and email-related challenges and issues are advised to send their information with immediate effect and wait for a response as registration is still ongoing-NSIP
update@n-sip.gov.ng or volunteersupport@npvn.ng or support@n-sip.gov.ng
Some Government Loan Programme Currently Ongoing
“The federal government FINTECH created enabling environment for the growth of businesses that use technology to enhance or automate financial services and processes”
“The FARMERMONI, TRADERMONI and MARKETMONI that have engaged over two million farmers, traders, mostly youths were empowered under”
“The Digital Youth Nigeria was also initiated to implement skill acquisition programs for poverty alleviation and employment generation, over 100,000 youths across the country benefitted from Mobile Service Repair Training with financial and technical assistance”
“Over 500,000 youths have also benefited from the Graduate Internship Scheme which provides short-term employment graduates.
1000 farmers from each of the 774 LGAs in the country were empowered and guided under the Youth Entrepreneurship Support program”
“The Entrepreneurship Training Programme ensures MSMEs are equipped with skills and access to credit while Digital Youth Nigeria focusses on positioning youth for revenue jobs opportunities tapping into the global tech market”
“75B naira Nigerian Youth Investment Fund (NYIF), The Survival Fund, Loan from NIRSAL National Microfinance Bank (NNMFB)”
“CNB Loan, SMSEME Fund, Agri-Business/Small and Medium Enterprise Investment Scheme CBN’s AGSMEIS Loan, etc are some of the packages government boasting employment “
“1,000,000 incoming Batch C of the Npower program, they will be onboarded in two batches (stream 1 and 2) ”
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