The federal government has approved the NEXIT-CBN loan. The loan was approved by the federal government through the ministry of Humanitarian Affairs.
According to the official statement, NEXIT Beneficiaries will receive up to 5 Million Naira loan without collateral.
The loan was approved as a transition exit for Npower Batch A and B volunteers into an empowerment program which is known as NEXIT Loan.
The programme is geared toward providing economic opportunities to its beneficiaries; this is in line with the federal government agenda to empower the Nigerian Youths and boost entrepreneurship in Nigeria.
Currently, the Nexit portal is open for registration, and all interested persons and volunteers are urged to apply for the loan via the NEXIT CBN Portal online.
This Portal would allow all Exited N-Power Beneficiaries to register for CBN empowerment programmes which have been recently launched by the Federal Government of Nigeria through the Ministry of Humanitarian Affairs.
The Npower Exit platform which was put in place by the Central Bank will afford Exited N-Power Beneficiaries the opportunity to log on and apply for the different Economic Empowerment and Entrepreneurship alternatives on the portal.
The NEXIT portal is to help in gauging the suitability of the exited beneficiaries for the CBN empowerment programs and is hinged on meeting the requirements given by the CBN for obtaining the loan.
Therefore, the registration portal is open to all qualified persons to start an application.
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You can visit the Npower exit portal to start your application. All you need do is to visit the portal and start right away.
You should be able to access the portal as soon as it is launched. Login to the NEXIT Application portal and register for the empowerment programme initiated by the central bank of Nigeria.
Below are some of the basic things you should know before applying for the Npower/CBN NEXIT Programme:
• It is for Npower Batch A beneficiaries who were recently graduated from the programme.
• 2016 beneficiaries of Npower are eligible.
• There are various options to select in the portal once you log in.
NEXIT Application has begun, and you can apply online.
The deadline is yet to be announced.