Npower Programme Update: 109,000 Batch A/B Will Not Get Nexit Loan

Npower Programme Update: 109,000 Batch A/B Will Not Get Nexit Loan

Npower Programme Update: 109,000 Batch A/B Will Not Get Nexit Loan: It has been stated clearly that, only 309,000 disengaged volunteers of  Batch A and B would benefit from the Npower CBN loan program, this was confirmed by the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq

The next second and third batches of Nexit training will officially commence by July, but not all the registered and trained volunteers will be accommodated into the massive CBN loan program

390,000 volunteers are already accommodated in the Nexit, while 109,000 are entrepreneurs already, there is no provision for those who are already engaged

Related Posts

>Download Npower NEXIT Second Batch List for Training (36 states/FCT)

>Published Nexit Second & Third Batches of Training for 391,583 Graduates (Free Interest Loan)

>Npower Nexit Batch 2 Training Date, Venue, And Requirements 2022/2023

>Nexit Training List and Venue for Oyo/Ogun/Zamfara/Katsina/Jigawa/plateau/Enugu

>Nexit Training List and Venue for Benue/Imo/Rivers/Edo/Adamawa/Yobe/Niger

>Nexit Training List and Venue for Borno/Kano/Ondo/Akwa Ibom/FCT/Nasarawa/Lagos State

>How To Check Your NEXIT Business Plan Adjustment (Lagos, Kano, FCT, Nasarawa, Edo, Delta, Benue)

>Npower-NExit Stipend and Loan Structure for Batch A/B/C1/C2

>FG Grant for 2022/2023 Disbursed By CBN/World Bank- Application Form

“By next month, we should start the process of training them on their preferred skills. We are working with the CBN to support them with soft loans and out of the 500,000 exited N Power beneficiaries, about 390,000 of them have successfully been accommodated into the NEXIT program while about 109,000 are already on their way to entrepreneurship on their own even before we started the NEXIT”

More than 109,000 Batch A and B beneficiaries of the N-Power Programme have gone on to establish thriving small businesses from their stipends.

Successfully shortlisted volunteers who scale the training and are found worthy would be given CBN loans ranging from 450,000 to 3,000,000 naira each, see more details here

Source