As the Nigerian government continues with the N-Power scheme, Nneka Ikem, Sadiya Farouq’s Special Assistant, Media and Publicity, the Minister of Humanitarian Affairs, Disaster Management and Social Development,
announced on Wednesday that 126,937 Batch A and B recipients have so far sent their documents for the Empowerment Program of the Central Bank of Nigeria (CBN), ccnworldtech reports.
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This update was provided by Ikem on her familiar Official twitter page.
NEXIT Portal
‘The CBN has created a portal in partnership with the Ministry of Humanitarian Affairs to allow exited N-Power recipients to sign in and apply for
different CBN economic empowerment and innovation alternatives, such as the AGSMEIS loan and the Anchor Borrowers Program (ABP),’ said Minister Farouq.
“For more information, interested N-Power outgoing recipients should log on to the CBN portal. The website portal is http://nexit-fmhds.cbn.gov.ng.”
Initiative For N-Power
In 2016, President Muhammadu Buhari officially launched the famed N-Power Program under the National Social Investment Program (NSIP)
with the objective to raise citizens out of economic hardship through infrastructure development, investment and material support.
On July 31, 2020, the former recipients of slot A and B were transferred, with proposals already in place to migrate them into entrepreneurial activities.
The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development
has declared that a new batch of N-Power recipients will be registered (Batch C).
