NExit/NASIMS: Stipend/Loan Structure For Npower Batch A/B/C1
Today we will be looking at the stipend structure or scale used in paying over 1 million beneficiaries of the Npower program. One million because it encompasses three batches
This article will look at the purpose, Categories, stipend structure of the Npower program
The Npower program came onboard in 2016, shortly after President Buhari came into power, built to address the issue of youth unemployment and help increase social development.
See How to Check Npower NEXIT CBN Loan Training Shortlist 2021
The Program is designed to target Nigerians between the ages of 18 and 35 “to acquire and develop life-long skills for becoming change-makers in their communities.”
Batch A of 200,000 came in 2016, batch B of 300,000 was onboarded 20217, and batch C1 of 510,000 2021, it has a plan to bring in 490,000 batch C stream 2 by next year, see details on this
It is worthy to mention that, batch A and B are now transitioned into a Program called NExit, here a loan will be attached as empowerment, the same gesture will be given to batch C1 at the expiration of one year
See Npower 2020: Batch A&B to Get Loan without Interest/Collateral-Confirmed
Purpose of the program
“The Program is built to prepare young Nigerians for a modern, globalized economy by helping equip youths with skills and certifications for emerging global markets.
See CBN Empowerment Program 2021/2022 | NEXIT Loan & Training Update
“Nigeria is looking to increase its already bustling technology sector by supporting a talent pool of software developers, hardware professionals, and other tech-based skills such as animators and digital artists”
Categories of the Npower Program
Graduate Programs and Non- Graduate Programs
Graduate Programs:
N-Teach, N-Health, N-Agro,
Non- Graduate Programs:
N-Power Build
N-Power Knowledge-It comprises of N-Creative, N-Tech Hardware, N-Tech Software
NExit/NASIMS: Stipend/Loan Structure For Npower Batch A/B/C1
SEE NPOWER STIPEND FOR BSC/HND/ND/SSCE
6 comments
When will the much advertised loan be given to the batches A and B? Something has to be done to ameliorate the suffering of Nigerian youths who served under this this scheme , but was abruptly and untimely disengaged.
Enough of this analysis, let actualize it and the country will benefit it.
Regards,
Kalu, O. I.
Very Soon, the 2022 budget is already passed into law, action begins
Comment:we are much awaiting to see that day.
Graduate program
Masha Allah Allah kabamu sa’a
Nce
I Abubakar danjuma edeh am guarded of nce college of education