Npower Nexit Training has commenced
THE FEDERAL GOVERNMENT HAS STARTED ENTREPRENEURSHIP TRAINING FOR 467,183 beneficiaries of the N-Power scheme who were captured in batches A and B.
After more than two years, the batches were phased out last year to make room for new beneficiaries of the government’s National Social Investment Program, or NSIP.
The trainees, who come from all parts of the country, will be taught empowerment skills in order to obtain loans from the Central Bank of Nigeria (CBN) to start their own businesses.
The development came as a result of the Minister of Humanitarian Affairs, Disaster Management, and Social Development, Hajia Sadiya Umar Farouq, promising to set up an exit programme for N-Power beneficiaries.
The N-Power beneficiaries will receive loans from the Central Bank of Nigeria after completing the programme, also known as the NEXIT Program.
“The N-Power programme is key to helping young Nigerians acquire and develop life-long skills that ensure they become solution providers and entrepreneurs in their communities,” the minister said at the launch of the NEXIM CBN Agric Business,Small and Medium Enterprises Scheme,AGSMES scheme in Abuja on Monday.
“The N-Power programme is a critical component of the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development’s (FMHADMSD) National Social Investment Programs, which are designed to achieve the national objectives of poverty reduction and job creation,” she added.
“N-Power Volunteer Corps – the Graduate Programme; N-Power Volunteer Corps – the Volunteer Corps; N-Power Volunteer Corps – the Volunteer Corps; N-Power Volunteer Corps – the Volunteer Corps; N-Power Volunteer Corps – the Volunteer Corps; N-Power
“Recently, more segments have been embedded into the N-Power programme such as the N-Skills which is for youth with no formal education who would be trained in various vocational skills and trades,” she said.
“The Mobile Money Agents for financial inclusion of this youth segment is another great feat,” she says.
“It has always been my wish that the N-Power graduate beneficiaries from batches A and B not be forgotten. I kept assuring these gathered youths through various channels that the Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development had collaborated closely with the Central Bank of Nigeria to make this dream a reality.
“Today marks the start of the long-awaited training that will enable those who have expressed interest in participating in the CBN empowerment programme to do so,” she said.
Farouq expressed gratitude for CBN’s support in “developing the NEXIT Portal, which was used by the Ministry to collate the data of the exited N-Power batches A and B beneficiaries.”
“It has been a laborious process to ensure that all eligible and interested beneficiaries are included in this commendable programme. This is particularly commendable because the exercise was conducted without any political interference. “At the end of it all, the shortlisted beneficiaries will feel fulfilled and satisfied with this assistance,” she said.
According to her, “In February of this year, 467,183 applicants were submitted for the confirmation process based on available records.” We found 182,976 females and 284,191 males in the records, with 16 not specifying. “Of the 263,998 applicants, 263,998 have confirmed their willingness to participate in the training programme.”
“This training programme would be conducted in phases for ease of coordination,” she continued. I’d also like to let you know that all 36 states and the FCT are taking part in the much-anticipated NEXIT training programme.
“This first training batch has a total of 75,600 participants. In the near future, we will continue to train the remaining batches.
“The Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development is dedicated to ensuring that all social intervention programmes’ strategic objectives are harnessed in order to achieve the desired goals and objectives.”