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Friday, 16 September 2022

Latest News on NEXIT Loan and N-Power Batch CI and II

Latest News on NEXIT Loan and N-Power Batch CI and II

The process of disbursement for the NEXIT loan – CBN AGSMEIS Entrepreneurship Training that was done some months ago is currently ongoing by CBN.


The Minister of Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development Sadiya Farouq flagged off the much-awaited NEXIT CBN Agri-Business Small and Medium Enterprises Investment Scheme (AGSMEIS) loan for N-Power Batch A and B Beneficiaries.


First Batch of NEXIT loan beneficiaries are currently waiting to receive alert up to 3m from CBN AGSMEIS. The arrangement to commence the second batch of the NEXIT loan training for N-Power batch A and B is ongoing.


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Out of 467,183 trainees who indicated interest, 75,600 participated in the first phase of the orientation programme and were certified, they are expected to collect loans up to three million naira (3M) from the Central Bank of Nigeria (CBN).

N-Power Batch C1 payment update.

The payment status of July stipend for N-Power Batch C1 beneficiaries is currently on pending, what this means is that, in 2-3 days from now, N-Power Batch C1 beneficiaries will start receiving alerts for their July stipends.

N-Power Batch C2 Deployment update.

Beneficiaries under the Batch C2 categories of the N-Power programme has been advised to keep on checking their dashboard for their deployment letters, if you are among the Npower batch C2 beneficiaries who downloaded the blank deployment letter and you are worried, the goods news is, worry not because provisions will be made for you to download the correct deployment letter from your dashboard again.


For now, no statement has been made on if the N-Power Batch C1 programme will be extended to 2years or not, beneficiaries are advised to remain calm until an official statement is made by the NASIMS.

Drop your comments below for questions and enquiries.

Latest News on NEXIT Loan and N-Power Batch CI and II
Latest News on NEXIT Loan and N-Power Batch CI and II

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