Npower News – Nexit To Commence by October for Npower batch A and B beneficiaries
Nexit news update today -The Federal government has disclosed its plan to commence Nexit Scheme training for the exited batches A and B of the NPower scheme. The Federal Government also said out of 500,000 exited volunteers, 390,000 of them have been successfully accommodated in the NEXIT.
NEXIT Scheme is an exit package for all the beneficiaries of the N Power in partnership with the Central Bank of Nigeria (CBN) to enable them to benefit from the CBN empowerment options.
According to the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farougq, the training would commence next month.
She disclosed these on Wednesday while speaking at the Chatham House on social development and humanitarian challenges facing Nigeria, and the government’s responses to the ongoing humanitarian and Food crises in the country.
On the plan of the Federal Government for the exited N Power volunteers, she said:
The exited volunteers have been put on a programme with the Central Bank of Nigeria in partnership with the ministry to prepare an exit package for them and we have gone very far in this regard.
People have registered onto different skills that they want to be supported and we are at the point of training these exited NPower beneficiaries on to the skills that they have chosen for themselves.
By next month, we should start the process of training them on their preferred skills. We are working with the CBN to support them with soft loans and out of the 500,000 exited N Power beneficiaries, about 390,000 of them have successfully been accommodated into the NEXIT programme while about 109,000 are already on their way to entrepreneurship on their own even before we started the NEXIT.
She also said the beneficiaries would be given a starter pack at the end of the training. At the end of this training, we are going to provide them with starter packs and we are also going to establish their business module for them.’ she said.