Nexit Soft Loan Disbursement: If there is an information concerning that it will be communicated - Npower

Npower have said that when there is an information regarding the nexit soft loan disbursement, that it will be communicated, when the Nexit soft loan disbursement process starts it will be communicated through the state Npower Nexit training coordinators, once the soft loan is ready, the Central Bank of Nigeria will notify Npower and Npower will notify the state Npower nexit training coordinators who will in turn inform the Npower volunteers.

Npower volunteers will be given soft loan amounting to less than ₦3,000,000 after adjustments and submission of all business plans from both the first batch and second batch, the soft loan disbursement will be based on the final loan amount reached by the Npower Nexit training consultants after adjustments to the cost of equipment, working capital and financial plan, Npower Batch A and B volunteers have been advised to login into their business plan template to check their loan amounts and other adjustments made and to also contact their state Npower Nexit training consultants to find out if their business plans have all been submitted, because if the current business plan have not been submitted the next batch of the Npower Nexit training program will not start and if the next batch of the Npower Nexit training program does not start then Npower Volunteers will not be given the soft loan, because the soft loan disbursement process will only begin if all the batches have completed their Nexit training and their business plans have all been submitted to Central Bank of Nigeria.