When Npower Exit Package Soft Loan Disbursement Will Start

Npower exit package soft loan disbursement is a soft loan amounting to ₦3,000,000 that will be awarded to Npower batch a and Npower batch b exited beneficiaries of the Npower programme, this soft loan amounting to ₦3,000,000 will be paid to exited Npower beneficiaries depending on the loan amount stated on their business plans, some Npower batch a and Npower batch b beneficiaries might be paid the maximum soft loan amount while others might be paid a lower loan amount depending on the nature of their business. The soft loan will be repaid within a period of not exceeding 7 years according to the Central Bank of Nigeria.

Npower beneficiaries were meant to undergo the first batch of the NEXIT training and after the first batch of the Npower NEXIT training, the graduands were given certificates which will entitle them to the soft loan exit package when the loan disbursement process commences.

The Npower exit package disbursement will not start any moment from now, the Npower exit package disbursement will start only after the second batch of the Npower NEXIT training must have been concluded and all the business plans of the NEXIT trainees submitted to the Central Bank of Nigeria to expedite the soft loan disbursement process, the delay in the commencement of the Npower exit package disbursement is simply because the second batch of the Npower NEXIT training have not started, once the list of the second batch of the Npower NEXIT training programme is received by the Npower NEXIT training coordinators nationwide then the second batch of the Npower NEXIT training will start and it will run for a week, once the NEXIT training is concluded then the Central Bank of Nigeria can start processing the Npower exit package soft loan disbursement.