Npower NEXIT Update

According to Npower, exited Npower volunteers are to wait for further directives regarding the Npower NEXIT soft loan disbursement, the Npower NEXIT training for the second batch will commence after the list of the second batch of the Npower NEXIT trainees have been sent to the Npower NEXIT training consultants.

Exited Npower volunteers awaiting the next batch of the Npower NEXIT training should know that the list has not been sent to the state Npower Nexit Training consultants hence the delay in the commencement of the second batch of the Npower NEXIT training programme.

After the list has been completed and concluded it is sent to the Npower NEXIT training consultants, once it gets to the Npower NEXIT training consultants, the Npower NEXIT training consultants will schedule a meeting with the exited Npower volunteers awaiting the second batch of the Npower NEXIT training by communicating with them via invitation messages sent to the exited Npower volunteers, after the one week NEXIT soft loan training exited Npower volunteers will be given certificates and will be mandated to complete business plans online, this business plans will be filed by the Npower volunteers themselves and will be further adjusted by the Npower NEXIT training consultants based on the soft loan amount and other financial details in the business plan and submitted to the Central Bank of Nigeria.

In addition to the above, the soft loan disbursement process will start when all business plans of the second batch of the Npower NEXIT trainees have been completed and sent to the Central Bank of Nigeria, when the business plan is received by the Central Bank of Nigeria then the soft loan disbursement will commence and will be issued through NIRSAL Microfinance Bank, exited Npower volunteers will be contacted if they qualify for the soft loan disbursement.