OPEN MENUCLOSE MENU
  • Home
  • NYIF
  • Federal Jobs in Nigeria
  • NYIF News
  • Npower News
  • NASIMS
  • Survival Fund
  • Nigerian Army
  • Nigeria Airforce

Voice of Nigeria

voiceofnigeria.org.ng is the number go-to for making money, grants, fund, loan options and federal government jobs

CBN loan for 300,000 NPower exited beneficiaries

February 18, 2022 By Amitverain Leave a Comment

300,000 NPower exited beneficiaries to get CBN loan soon

The federal government has said that about 300,000 N-Power beneficiaries will be able to avail loan facilities from the Central Bank of Nigeria (CBN) after completing vocational training.

This was stated by the Minister for Humanitarian Services, Disaster Management and Social Development, Hajia Sadia Omar Farooq during a weekly ministerial briefing organized by the President’s Media Team on Thursday.

He said: “Yes, we have an exit strategy, which we partner with the Central Bank of Nigeria. And out of this 500,000, approximately 300,000 interest is to be invested in an exit program where you can be trained in different skills, skills of their choice and they will be given a loan by the Central Bank of Nigeria to start their own business. .

“It simply came to our notice then. We are in the process of training those who have shown interest. And I am confident that before the end of this quarter, these people will repay these loans through CBN.

“Ministry as a government agency, we do not lend. Therefore, we need to partner with organizations that can do that.

“Unfortunately, some of these people were not very wise in their savings but for anyone who is really serious, most of them have saved.

About 109,000 N-Power beneficiaries have become entrepreneurs. They now own Labor and we have evidence that can be provided to you.

“It’s a very commendable program, and the people have benefited and the people are being supported. And we have an exit strategy. And we continue and it is a continuous process. ”

Related

FREE REGISTRATION

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search Jobs in Nigeria

Recent Posts

  • CBN Loan Requirements & Guidelines – ₦500K to 50 million
  • Trader Moni Loan Apply upto ₦100,000
  • Housekeeper Job in Canada ₦8500 an hour with Visa Sponsorship
  • Make ₦100,000 Online | Captcha Typing Jobs in Nigeria Without Investment
  • Apply Market Moni Loan N10,000 to N100,000
  • [Updated] Dollar to Naira Black Market Today Exchange Rate 2023 AbokiFx
  • Submit Your Bank Details on NPC Portal: A Step-by-Step Guide
  • Dollar to Naira Today | Dollar ⇆ Naira Exchange Rate
  • Naira Update: CBN Instructs Banks to Issue New Currency Notes
  • FG Survival Fund 2023 Application (Register For Updates)

Popular Articles

  • Top 10 Cheapest Countries to Study Abroad
  • 40+ List of Visa Free Countries – Travel Abroad Without Having Visa
  • Canada Visa Lottery
  • Holland Visa Lottery
  • Australia Visa Lottery
  • United Kingdom Visa Lottery
  • US Green Card An A-Z Guide
Copyright © 2020 Voice of Nigeria. All Rights Reserved
Contact   About  Disclaimer  Privacy Policy