Sadiya Releases Update On CBN ‘Loans’ for Ex-NPower Beneficiaries

Last updated on September 23rd, 2021 at 06:49 am

The Minister of Humanitarian Affairs, Disaster Management and Social Development Sadiya Umar Farouq said a total of 126,937 former N-Power beneficiaries have successfully submitted their records for the Central Bank of Nigeria (CBN) empowerment options.

The Special Assistant, Media & Publicity to the Hon Minister Nneka Nkem gave the update in a tweet a few hours ago.


“NPower Update: Hello exited Batches A and B beneficiaries have successfully submitted their records for the @cenbank empowerment options.

Recall the ministry announced its partnership with the apex bank so as to come up with several loan options and empowerment Batch A and B could benefit from which led to NEXIT portal, where the former beneficiaries were directed to submit their details.

READ ALSO: Training For 390000 Exited N-Power Beneficiaries Begins October 2021

A few weeks ago, we told you in one of our posts that some exited volunteers who used yahoomail and naijmail for registration were having a problem with email verification, a step that is a must to move to the next stage of the nexit registration exercise.

Nkem urged any former NPower volunteers who are still having the same problem to share their problems on her latest tweet.

“Let’s know the challenges faced by the rest who haven’t succeeded yet. Share with us”

The beneficiaries are hoping that the government will support them some soft and interest-free loans to boost their business.

Also Read:  Application Link for N-Power Batch C Recruitment 2020

There are at least six categories of loans which are supported by the CBN which the ex-beneficiaries can access.



  • Opeyemi Quadri

    Ope is a finance writer and researcher with 10+ years of experience in content creation. His interests cut across investment, foreign exchange, government policies and politics. Ope is available on Twitter @OpeQuadri.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Scroll to Top