Nexit Loan: NYIF, Survival Fund & Covid-19 Beneficiaries Must See This

Nexit Loan: NYIF, Survival Fund & Covid-19 Beneficiaries Must See This

Nexit Loan: NYIF, Survival Fund & Covid-19 Beneficiaries Must See This: The Nexit loan program of the Federal Government might not be for all Npower nexit volunteers, as many factors may be used to disqualifier “qualified Npower volunteers”

The registration for the exit loan program is currently on, and according to data available, more than 300,000 volunteers have registered, signifying interest in the loan program

Umar Sadiya, the chief anchor of the program also made it clear, the loan program, will not be for all volunteers, only volunteers who meet certain criteria and conditions set by the CBN for the said programs

See NEXIT Email Problem: Send details to update@n-sip.gov.ng & Wait for 72hrs-Nsip

Her precise words “A Portal that will enable Exited N-Power Beneficiaries to apply for Central Bank of Nigeria Empowerment Options has been launched by the Ministry of Humanitarian Affairs, Disaster Management and Social Development”

“The platform which was developed in collaboration with the CBN will enable Exited N-Power Beneficiaries to log on and apply for the various Economic, Empowerment and Entrepreneurship options provided by the CBN”

“The NEXIT portal is to determine the suitability of the beneficiaries for the CBN affiliated programs and is dependent on meeting the criteria and conditions set by the CBN for the said programs”

“The Minister also emphasized that the NEXIT PORTAL will determine the suitability of the beneficiaries for the CBN affiliated programs”

Let’s uncover many reasons with evidence why many Npower exited volunteers would not benefit from the Nexit loan program, which is a “stone throw” from now

See NEXIT Email/Login Problem: Send Details to www.docs.google/form

. Download 230,000 Nexit Shortlist of Candidates For Training (36 States)

. Npower Nexit Batch 1 Training Date, Venue, And Requirements 2022/2023

. If You Have Not Received Your Nexit SMS Invitation, Here Is What To Do

. CBN Empowerment Program 2022/2023 | NEXIT Loan & Training Update

. CBN NEXIT Loan Update: How to Get Higher Disbursement Payment As Training Begins

. Apply For FG Grant Form 2022 Disbursed Via CBN & World Bank (N2M)

The Loan is dependent on meeting the criteria and conditions set by the CBN

According to the above words from Umar Sadiya Farouq, the mouthpiece of the Government regarding the Nexit loan program, she made it vividly clear, all not volunteers will scale through with the loan

Some conditions and criteria will be set, and only volunteers who meet them would scale through. Unfortunately, as at this time, there is no known conditions and criteria made available to volunteers

Volunteers should bear in mind, their conditions and criteria will not be different from that of Nigeria Youth Investment Fund, Survival Fund, AGSMSIS, and others, where only selected few were chosen out of millions of applicants

See NYIF: Only Applicants that participate in Online Training Get Shortlisted-See Link

A Psychometric Assessment Test Might Be Conducted As A Pre-Qualification For The Loan

The HonorableMinister of Humanitarian Affairs, Disaster Management and Social Development, Umar Saidya Farouq Made crystal clear that a psychometric assessment will be conducted to determine competency and placement

 “We have commenced the transitioning of beneficiaries from Batches A and B into CBN 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”

 Looking at the above statement shows, the Nexit loan program will come with a price, which many might not be able to pay

 The Nigeria Youth Investment Fund, Survival Fund, AGSMSIS, and others, came with such huge burdens, where training and some sort of assessment were used to screen out millions of applicants

To be prepared for this study Transitioning Batch A & B: Psychometric Test Past Questions and Answers

Beneficiaries of Covid-19 NYIF Survival Fund AGSMSIS May not Benefit

The loan program is anchored by the Federal Government via the Central Bank of Nigeria, and the policy of the CBN is that one person cannot benefit from Multiple Federal Government loan programs

Volunteers who have benefited from Nigeria Youth Investment Fund, Survival Fund, AGSMSIS, and others, should not expect anything from the Nexit loan program

As shown from the picture, the strict warning was given to applicants of other CBN Loan Affiliate Programmes

There may be some terms and conditions for the loan, if it is less than 200,000 naira, volunteers may be considered, and so on. For now, no precise information regarding that

CBN has “up-to-date” technology to detect those who have benefited from all government loan programs

Volunteers on “HOLD/ABSCOND/RESIGNED” Will Not Benefit

Volunteers who resigned and those who were placed on hold and those who absconded should not put their hope on the NExit loan package   

See Nexit Change/Verification/ Yahoo mail Problems: support@n-sip.gov.ng To call Volunteers Via Phone

Only volunteers “Enrolled as status” will get the loan, the NSIP has made it clear, they have all data of all the volunteers, both the Batch A and B.

All those who were resigned, placed on hold, and those who absconded should not waste their time, as their data is hinged on a hybrid computer system

Npower Batch C Are Not Eligible For The Loan