How to apply for Nexit CBN AGSMEIS entrepreneurship loan

It is no longer news that the Federal Government has flagged off the NEXIT/CBN Agri-Business Small and Medium Enterprises Investment Scheme for exited N-Power beneficiaries Batches A and B.

It was reported that under the news arrangement, out of the 467,183 trainees who indicated interest, 75,600 are to participate in the first phase of the orientation programme expected to lead up to collection of loans of up to three million Naira from the Central Bank of Nigeria if they qualify.

While speaking at the flag-off ceremony, Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq applauded President Muhammadu Buhari’s administration unwavering efforts toward poverty eradication and sustaining the National Social Investment Programmes (NSIPs).

The Minister, who was represented by the Permanent Secretary, Bashir Nura Alkali congratulated the 467,183 trainees who indicated an interest in the NEXIT CBN AGSMEIS programme from the 500,000 batches A and B exited beneficiaries.

Umar Farouq noted that this was the first of several other phases that will take place in all the 36 states and the FCT.

“For ease of coordination, this training programme will be conducted in phases. Let me also inform you that all 36 States and FCT are participating in this long-awaited NEXIT training programme. A total of 75,600 participants are in this first batch of the training. We will continue to train the remaining batches in no distant time.

“The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development is committed to ensuring that the strategic objectives of all the social intervention programmes are harnessed to achieve the desired goals and objectives.

 

In his welcome address, the Permanent Secretary who was represented by the Director Planning, Research and Statistics Raphael Oraeluno charged the beneficiaries to make judicious use of the opportunity.

“I will want to emphasize that every trainee must see this unique opportunity as a blessing that must not be wasted. Recall how we journeyed into this. You have finally gotten this opportunity. Maintain the highest level of seriousness in all that you will be taught throughout the training programme and thereafter. As beneficiaries, you will be equipped with the necessary training that will guarantee your participation in the CBN package meant for this purpose.”