Npower: More information on the Nexit CBN AGSMEIS Entrepreneurship Loan
As previously reported, the federal government on Monday cleared the NEXIT / CBN Agri-Business Small and Medium Enterprises Investment Scheme for excluded N-Power beneficiaries batches A and B.
Under this scheme, 467,183 students showed interest out of which 75,600 will participate in the first phase of Orientation Program.
It leads to the collection of loans of up to 3 million naira from the Central Bank of Nigeria if they qualify.
This is the first of many other phases to occur in all 36 states and FCT
To facilitate coordination, this training will be conducted in program phases.
All 36 states and FCTs are participating in this long awaited NEXIT training program.
There are a total of 75,600 participants in this first batch of training.
How to apply for Nexit CBN AGSMEIS entrepreneurship loan
It is no longer news that the federal government has flagged the NEXIT/CBN Small and Medium Farm Investment Plan for N-Power beneficiaries who are no longer in Batch A and B.
It was reported that according to the news agreement, of the 467,183 students showing interest, 75,600 will take part in the first phase of the orientation program, which is expected to raise a loan of up to 30 lakh naira from the Central Bank of Nigeria. If they are eligible.
At the opening ceremony, the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadia Omar Farooq, praised the tireless efforts of President Mohammed Buhari’s administration to eradicate poverty and sustain the National Social Investment Programs (NSIP).
The Minister, represented by the Permanent Secretary, Bashir Noora Alkali, congratulated the 467,183 students who showed interest in the NEXIT CBN AGSMEIS program from the 500,000 batches of beneficiaries A and B.
Omar Farooq noted that this was the first of many other phases that will take place in all 36 states and the FCT.
“To facilitate coordination, this training program will be conducted in phases. Let me also inform you that all 36 states and FCTs are participating in the long-awaited NEXIT training program. A total of 75,600 in this first batch of training. We will continue to train the remaining batches at any time.
“The Federal Ministry for Human Affairs, Disaster Management and Social Development is committed to ensuring that the strategic objectives of all social intervention programs are used to achieve the desired goals and objectives.
In his welcome speech, the Permanent Secretary, represented by Rafael Oreluno, Director of Planning, Research and Statistics, urged the beneficiaries to take advantage of the opportunity.
“I would like to emphasize that each student should see this unique opportunity as a blessing that should not be wasted. Remember how we traveled through it. You finally have the opportunity. Maintain a high level of seriousness in what you are taught during and after the training program. As beneficiaries, they will be provided with the necessary training that will guarantee their participation in the CBN package designed for this purpose