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NEXIT Loan Disbursement Date
Because the federal government has announced a payout exit package for all batch A and B beneficiaries, all Npower batch A and B beneficiaries should get prepaid and ready.
Npower EXIT Training Date (A and B)
The First Batch’s flag-off and training will take place from March 14th to March 18th, 2023.
Trainees have been assigned to various training centers throughout the state and are expected to report to the locations specified in the SMS delivered to them.
NEXIT Loan Disbursement Date from CBN
PRESS STATEMENT ON THE PAYMENT OF BATCH A AND B OUTSTANDING ALLOWANCES OF THE 2016 AND 2018 N POWER VOLUNTEERS NATIONWIDE – 17th Friday, September 2021
The Federal Ministry of Humanitarian Affairs, Disaster Management, and Social Development has begun final payment of the arrears on the few outstanding allowances of Batches A and B NPower volunteers, following the resolution of payment system difficulties.
RECOMMENDED: When Will Npower Payment Start
The Federal Government’s payment system, the Government Integrated Financial Management Information System (GIFMIS), flagged the accounts of these 14,021 volunteers in March 2020 for a variety of reasons, including but not limited to:
Beneficiaries with several accounts, as well as beneficiaries receiving additional payments from multiple Federal Government Ministries, Departments, and Agencies (MDAs), such as salary and allowances for permanent work or participation in other programs.
NEXIT Loan Disbursement News Update Today
These actions are in violation of the N-Power volunteer program’s rules and might be considered gross misconduct and corruption.
In coordination with relevant government MDAs, the Ministry conducted a thorough investigation, and the accounts of 9,066 volunteers have been cleared for final payment.
Based on this reality, these volunteers’ five-month allowance arrears, totaling N150,000.00 apiece, are currently being paid.
The remaining 4,955 allowances will be withheld pending the outcome of the investigation. When clear violations of the agreements are discovered, the violators will be subjected to the necessary legal penalty.
We keep you up to date on all you need to know about the NEXIT loan and the distribution process on a regular basis. This website, as well as the official portal of the empowerment program, will be updated with news regarding the NEXIT disbursement.
So, what’s the latest on the NEXIT loan repayment? Do you wish to be kept up to date? What is the Federal Government’s position on the status of beneficiaries who have yet to receive their loans from the Nigerian Central Bank? (CBN), visit www.nexit-fmhds.gov.ng for more information.
The news regarding the cbn nexit disbursement is already making the rounds, and we recommend that you double-check any information you acquire about the Npower NEXIT program from official sources.
We’ll keep you updated on NEXIT Loan Payout News 2023 as soon as we have more information, and we’ll make sure you’re kept informed throughout the full Npower disbursement process.