Qualified NEXIT Applicants To Get N3M CBN Loan As FG Flagged Off Scheme. The Minister of Humanitarian Affairs, Disaster Management and Social Development Sadiya Umar Farouq has flagged off the much-awaited NEXIT/CBN Agri-Business Small and Medium Enterprises Investment Scheme for exited N-Power beneficiaries Batches A and B.
Out of the 467,183 trainees who indicated interest, 75,600 will participate in the first phase of the orientation programme expected to lead up to a collection of loans of up to three million Naira from the Central Bank of Nigeria if they qualify.
At the flag off ceremony which took place on Monday at the Press Centre, Radio House Abuja, the Minister, who was represented by the Permanent Secretary Bashir Nura Alkali thanked President Muhammadu Buhari for his administration’s unwavering efforts in eradicating poverty in the country and for supporting and sustaining the National Social Investment Programmes.
She also congratulated the 467,183 trainees who indicated interest in the NEXIT CBN AGSMEIS programme from the 500,000 batches A and B exited beneficiaries.