There is no doubt that the disbursement of Nexit loan might be categorized According to the Applicants information on the Nexit portal.

There are 4 Categories of Nexit Applicants, the ones who have established their business and registered the business with CAC after the Npower program, the ones who have established business but yet to register with CAC, we also have the once who have not established any business but are willing to start a business. The final category of Nexit Applicants is the ones who are not interested in anything other than permanency (Government work).

Whichever category you fall in, we believe there will be a space for every Applicant in the Nexit CBN Empowerment options according to your preference, since the NEXIT portal will help determine the suitability of the beneficiaries for the CBN affiliated programs & is dependent on their meeting the criteria & conditions set by the CBN for the said programs.

Before the Nexit Programme was initiated, the honorable Minister of Humanitarian affairs Sadiya Umar Farouq said that 109,000 among the 500,000 beneficiaries have gone to become business owners and some are already employers of labour. These 109,000 are the typical example of Nexit Applicants that fall in category 1&2 and may likely get high loan amounts to grow their business. So also those in other Category who meet CBN Requirements.

The NEXIT portal which was developed and launched by @FMHDSD in collaboration with the CBN will enable exited N-Power beneficiaries to log on and apply for the various economic, empowerment & entrepreneurship options provided by the apex bank. Interested N-Power exited beneficiaries should open the Link For Npower CBN NEXIT Empowerment Portal for more information.

According to FG, the Nexit Applicants will have the opportunity for CBN economic empowerment and entrepreneurship options such as the AGSMEIS loan & the Anchor Borrowers Program (ABP).