AS FEDERAL GOVERNMENT FLAGS OFF NEXT CBN AGRIC BUSINESS INVESTMENT SCHEME FOR OVER 460,000, ALL QUALIFIED BENEFICIARIES ARE EXPECTED TO GET LOAN OF UP TO 3 MILLION NAIRA
FG FLAGS OFF NEXIT CBN AGRIC BUSINESS INVESTMENT SCHEME FOR OVER 460,000 EXITED N-POWER BENEFICIARIES
The Minister of Humanitarian Affairs, Disaster Management and Social Development Sadiya Umar Farouq has flagged off the much awaited NEXIT/CBN Agri-Business Small and Medium Enterprises Investment Scheme for exited N-Power beneficiaries Batches A and B.
According to Farouk all successful and qualified Applicants are expecting to get Loan of up to 3 million naira for the business start up in Wich CBN will be intermediate
Out of the 467,183 trainees who indicated interest, 75,600 will participate in the first phase of the orientation programme expected to lead up to collection of loans of up to three million Naira from the Central Bank of Nigeria if they qualify.
She also congratulated the 467,183 trainees who indicated interest in the NEXIT CBN AGSMEIS programme from the 500,000 batches A and B exited beneficiaries as some Beneficiaries has not showed intereste or not Register to the program.
This is the first Batch out of the 3 expected phases
Umar Farouq noted that this is the first of several other phases that will take place in all the 36 states and the FCT.
She also assured that she’s very glad to see that some NEXT Beneficiaries will achieve their desired aims
“ It has been my desire that the exited batches A and B N-Power graduate beneficiaries will not be left unattended to. In different channels, I kept on assuring these teaming youths that the Ministry of Humanitarian Affairs, Disaster Management and Social Development has worked very closely with the Central Bank of Nigeria to realize this dream.
In his welcome address, the Permanent Secretary who was represented by the Director Planning, Research and Statistics Raphael Oraeluno charged the beneficiaries to make judicious use of the opportunity.
“I will want to emphasize that every trainee must see this unique opportunity as a blessing that must not be wasted. Recall how we journeyed into this. You have finally gotten this opportunity. Maintain the highest level of seriousness in all that you will be taught throughout the training programme and thereafter. As beneficiaries, you will be equipped with the necessary training that will guarantee your participation in the CBN package meant for this purpose”.
The National Coordinator, National Social Investment Programmes Dr Umar Bindir alao advised the beneficiaries to take advantage of the CBN package to be self reliant.
At the end of the five day training, beneficiaries who qualify will receive Loans of up to three million Naira with a maximum tenure of seven years.
NNEKA IKEM ANIBEZE