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NPower: FG releases information on NEXIT Training, CBN Loans

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Exited beneficiaries of the Federal Government’s NPower scheme are expected to undertake their training anytime from March 14, at the Public Service Institute of Nigeria, along Kubwa Express Road, Abuja.

POLITICS NIGERIA reports that the five-day entrepreneurial training will qualify the Batches A and B beneficiaries for a loan, obtainable from the Central Bank of Nigeria (CBN).

“Training of the first batch of 75,600 @npower_ng exited Beneficiaries from the 36 states and the FCT is proposed to be flagged off next week in Abuja for the five-day entrepreneurial training, which thereafter, qualifies them for loans,” Nneka Ikem Anibeze, the Special Assistant on Media and Publicity to Sadiya Umar Farouq, the Minister of Humanitarian Affairs, Social Development, and Disaster Management, announced on her known Twitter handle recently.

This newspaper understands that 370,000 exited NPower beneficiaries indicated interest when the NEXIT portal was opened by the CBN in 2020.

230,000 successfully logged into the Unstructured Supplementary Service Data (USSD) code confirming their residences and preparedness for the training programme which should kick off next week.

Beneficiaries were contact using 3rd parties who are expected to handle the entire training scheme in collaboration with Nigeria’s Apex Bank, the Central Bank of Nigeria (CBN).

The npower program has seen to the employment and empowerment of several citizens across the country.

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