Categories of NSIP CBN Loan Disbursement for NEXIT Beneficiaries

The NEXIT Portal CBN Loan Disbursement Team has revealed the categories of payments for all N-Power NEXIT applicants that successfully registered on the NEXIT Portal, read more below.

These are good news for all N-Power NEXIT applicants with CAC Registration, and are successfully enrolled on the NEXIT Portal, because they are likely to get higher Loan Disbursement from the CBN.

If you have not enrolled for NEXIT Portal Registration 2021, as an ex-beneficiary of the N-Power scheme, please do so by clicking on the link above, so as to be eligible for the CBN empowerment options.

Are you yet to register your Business with CAC or SMEDAN, utilize this chance now to register your business successfully with links below?

Register your Business with CAC Here

Register your Business with SMEDAN Here

Categories of NEXIT loan Disbursement  

It seems like but not sure; the disbursement of NEXIT loan might be categorized, according to the Applicants information provided on the portal.

Note that, the NEXIT Applicants will have the opportunity for CBN economic empowerment and entrepreneurship options such as the AGSMEIS loan & the Anchor Borrowers Program (ABP).

See how to validate NEXIT Email Issues

Categories of NEXIT Applicants CBN Loan Disbursement

There are four categories of the CBN fund disbursements to registered beneficiaries on the NEXIT Portal, they are:

Those who have established their business and registered the business with CAC after the N-Power program

Those who have established business but have not registered their business with CAC

Those who have not established or don’t have any business, but are willing to start a business

The final category of NEXIT Applicants is those who are not interested in anything other than permanency (Government work).

Now you need to check yourself which 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 them meeting the criteria & conditions set by the CBN

We still uphold initial statement made by the honorable Minister of Humanitarian affairs Sadiya Umar Farouq 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 those in other Category who meet CBN Requirements.

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