Update from CBN N100 Billion NEXIT Loan Disbursement

Update from CBN N100 Billion NEXIT Loan Disbursement: The Nexit loan is a free interest loan program designed by FG under the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development and anchored by CBN

Npower has assured all registered beneficiaries of disbursement immediately after all applicants are fully trained.

The sum of N100 Billion will be needed to finance the Nexit CBN loan program for over 500,000 people, this was said by the Humanitarian Minister.

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However, only 76,500 persons have been trained in the first round of training, the program promised to train all 500,000 registered graduates

In no distant time, Nexit will call for the training of two other batches to facilitate the CBN loan disbursements

This will be in line with the Federal Government agenda to lift 100M Nigerians out of strict poverty, the Nexit Loan is one of the programs designed by the government to fill in the gap

Apparently, there is no fixed date for the commencement of the CBN training for the two untrained batches, but what we do know is that, in no distant time, NExit will call for massive training of over 430,000 graduates

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