NPower News

Nexit loan applicant portal 2022: How to apply for Nexit 300k loan this May

Nexit Loan Applicant Portal 2022, How to Apply for Nexit 300k Loan this May can be accessed below.

Newsonline reports that the Ministry of Humanitarian Affairs, Disaster Management and Social Development Minister, Hajiya Sadiya Umar Farouk, stated on Thursday during the weekly ministerial briefing organized by the presidential media team that the Federal Government will be providing 300,000 N-Power exited beneficiaries with loan facilities from the Central Bank of Nigeria (CBN) after Nexit vocational training.

To check your availability go to https://nasims.gov.ng/check

She said: “Yes, we have an exit strategy, which we partner with the Central Bank of Nigeria. And out of this 500,000, about 300,000 indicated interest to be put on an exit programme where you can be trained on different skills, skills of their choice and they will be given loans by the Central Bank of Nigeria, for them to start their businesses.

This we have gone far. We are in the process of training those that have indicated interest. And I’m sure before the end of this quarter, these people the end of this quarter, these people will be given these loans by the CBN.

As a government agency the ministry, we do not give loans. So, we have to partner with those institutions that can do that.

Unfortunately, some of these people were not very wise in their savings but for anybody that’s really serious, most of them have saved.

About 109,000 of the N-Power beneficiaries have become entrepreneurs. They are now employers of Labour and we have evidence of that which can be provided to you.

This is a very laudable programme, and people have benefited and people are being supported. And we have an exit strategy. And we are on and it’s a continuous process.
Treasure Orokpo

A multi-talented individual with a passion for diverse fields, Treasure Orokpo is a trained journalist, skilled cook, and AI enthusiast. When she's not uncovering the latest stories, you can find her whipping up culinary creations in the kitchen and entertainment.

Recent Posts

BREAKING: APC Crisis: Court of Appeal dismisses Moses Agaba’s appeal against Austin Agada

The Court of Appeal in Makurdi, Benue State, on Thursday dismissed an appeal filed by…

4 hours ago

BBNaija’s Phyna publicly rejects family, drops surname

Big Brother Naija Season 7 winner, Josephine Ijeoma Otabor, also known as Phyna, has publicly…

5 hours ago

Yemi Alade slams Cool FM, Clout Africa over blacklisting, refusal to forgive

Nigerian singer Yemi Alade has criticized prominent media outlets Cool FM and Clout Africa, accusing…

5 hours ago

BREAKING: Relief as Lakurawa terrorists flee Nigeria after military intervention

Senator Adamu Aliero, representing Kebbi Central, has announced that the Nigerian military successfully expelled the…

5 hours ago

BREAKING: Supreme Court nullifies National Lottery Act, grants states exclusive control

The Supreme Court has struck down the National Lottery Act of 2005, ruling that the…

6 hours ago

Latest update on fuel price hike, fuel scarcity for November 22nd, 2024

As Nigerians express their frustrations over the recent fuel price hikes by the Nigerian National…

11 hours ago