Last Updated on July 7, 2021 by Ope Quadri
1) At least 200,000 former N-Power beneficiaries will be signed up as CBN-certified SANEF mobile money transfer agents across Nigeria.
2) Some Exited NPower volunteers who already have their business ranging from buying and selling, service providers, poultry farming and other small business owners among them will have access to GEEP micro-enterprise loans backed by the CBN
3) Others will become Mass Agric programme enumerators across Nigeria to join more than 30,000 others who already enrolled in 2020.
We’ll do an analysis of the three job opportunities for you and which will be more appropriate for you and how to queue in into the wonderful initiative.
The road to permanent jobs for exited N-Power beneficiaries
Before the 2016 and 2017 batch beneficiaries of the youth empowerment programme were exited in 2020, there were calls from concerned Nigerians to find an alternative for them.
They posited that pushing them into the labour market would defeat the objective of the programme.
After months of deliberations and consultations, the Minister of Humanitarian Affairs and Social Development Hajiya Sadiya Farouq announced her ministry’s partnership with the Central Bank of Nigeria (CBN)
And to the amazement of the exited volunteers, they woke up to the good news of the creation of a dedicated portal dubbed NEXIT-CBN portal.
The nexit means N-Power exit package.
Interested individuals who still want to enjoy from loads of benefits of the nexit package backed by Godwin Emefiele-led apex bank were advised to submit and update their data.
Issues of inability to register emerged and the officials of the ministry of humanitarian affairs were on hand to get the issues resolved.
Recall that Ms Farouq confirmed the activation of the Federal Government’s exit strategy for batches A and B of the N-Power scheme, on Monday at the 4th annual review of the Home Grown School Feeding Programme (NHGSFP).
TheNation quoted her as saying, “plans have been concluded for the transition of the N-power batch A and B through the creation of the NEXIT portal”
According to her, the exit package would allow those who choose to sign up to access other government empowerment opportunities.
“A beneficiary management system for the NSIPs is expected to be deployed in 2021 which would have the capacity to manage payments, address grievances and improve dissemination of information,” she stated.
Corroborating the minister’s position, Laolu Akande the Senior Special Assistant on Media & Publicity to Vice President Yemi Osinbajo said during an interview on Classic FM Radio, Lagos, that the Buhari administration will certainly not abandon the N-power beneficiaries.
“Over the weekend, the exit strategy to further engage the graduates had already commenced,” he said.
Now here is the good news…
3 Job Options For Exited N-Power Beneficiaries
Finally, the federal government led by President Muhammadu Buhari unveiled the three jobs options for the former N-Power volunteers.
The 3 job options for former NPower beneficiaries are:
- SANEF money transfer agent
- GEEP micro-enterprise loans
- Mass agric enumerators in 774 local governments
What is SANEF?
SANEF means Shared Agent Network Expansion Facilities (SANEF). It is CBN financial inclusion project aimed at driving financial inclusiveness among Nigerians.
GEEP micro-enterprise loans
Do you remember TraderMoni, MarketMoni, and FarmerMoni? All of them are under the GEEP loans.
GEEP means Government Enterprise and Empowerment Programme (GEEP). It’s an initiative of the APC-led government to provide access to micro-credit for Nigerians at the bottom of the economic pyramid.
If you’re a business owner, you stand at least 99% chance of getting GEEP loan.
This means the former N-Power volunteers who already have their business will enjoy GEEP funding.
The micro-enterprise initiative is one where exited N-power beneficiaries would be offered the option of applying for a proposed GEEP loan to fund their small businesses.
Or form a Joint collaboration and form registered cooperatives in line with earlier established GEEP loan requirements to obtain loans.
We urge you to go for the first option, very simple than the second.
GEEP loan will give you access to financial opportunities to improve or start new businesses under a micro-enterprise initiative.
Mass agric enumerators
The mass agric programme is a component of the Economic Sustainability Plan (ESP), where the exited beneficiaries will be engaged as geospatial experts and enumerators in the Economic Sustainability Plan’s Mass Agric programme
Remember that 30,000 former N-Agro beneficiaries were engaged under this programme in 2020. They are still part of the programme.
The goal of the mass agric enumeration is to engage the beneficiaries in the geo-mapping of farmlands and the enumeration of farmers across Nigeria.
The federal government’s three job options allow you to choose a preferred option, choose wisely.
For those who already have a business, go for GEEP loan
SANEF mobile money agent will be the best option for those who want to provide financial services in their community.
Former N-Power agro beneficiaries are advised to choose the mass agric enumeration option. It will give you the chance to also get agro loans.
Ask questions and share your thoughts with us. Which one are you applying for?