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


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

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