This post is all about Npower Nexit CBN AGSMEIS Entrepreneurship Loan 2022/2023 for beneficiaries across 36 states in Nigeria including FCT Abuja, here I will be discussing about Nexit Central Bank of Nigeria (CBN) Agri-Business Small and Medium Enterprises Investment Scheme (AGSMEIS) Entrepreneurship Loan Application Form and who is eligible to apply online.
Successful Qualified Nexit Applicants will get N3M CBN Loan, this statement was made during FG Flagged off Scheme, Nexit Beneficiaries across 36 states in Nigeria has indicated interest to be part of CBN Empowerment Programme. Register here.
This page will help those that are yet to know about Npower Nexit CBN AGSMEIS Entrepreneurship Loan, how to access loan and requirements to get Nexit CBN AGSMEIS Entrepreneurship Loan.
Nexit CBN AGSMEIS Entrepreneurship Loan is the proposed empowerment opportunity initiated by the Federal Government in partnership with CBN to assist the Exited Npower beneficiaries with business capital in form of a loan.
About Agri-Business Small and Medium Enterprises Investment Scheme (AGSMEIS)
AGSMEIS which means Agribusiness Small and Medium Enterprises is a credit line facility availed by bankers committee for the promotion of agricultural businesses, micro, small, and medium enterprises (MSMEs) as vehicles for sustainable economic development and employment generation, for startups and existing businesses. Read more here
As part of the exit package for the exited Npower batches A and B, the Ministry of Humanitarian Affairs, disaster management, and social development decided to empower these beneficiaries with CBN AGSMEIS loans of up to N3M to each successful trained Nexit applicant to start or grow their businesses.
The Nexit CBN entrepreneurship loan orientation training has started for batch A and B Volunteers across the country with about 75600 first batch participating applicants shortlisted. The training is said to be in batches so if you will not be invited in the first batch you will be in the subsequent batch.
The Nexit orientation training is conducted by Entrepreneurship Development Institute (EDIs) agencies across Nigeria to teach the participants how to create business ideas, grow the business into a profitable venture.
How to apply/get Nexit CBN AGSMEIS Entrepreneurship Loan 2022/2023
Nexit CBN AGSMEIS Entrepreneurship Loan is strictly for Exited Npower Beneficiaries across 36 states in Nigeria including FCT Abuja. Applicants must participate in training by Entrepreneurship Development Institute (EDIs) Agencies.
Loan disbursement will commence from states that have concluded their training, disbursement will be chair Ministry of Humanitarian Affairs, disaster management, and social development through Cenetral Bank of Nigeria.