The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has kicked off the NEXIT/CBN Agri-Business Small and Medium Enterprises Investment scheme for exited N-Power beneficiaries.


Hajia Farouq said of the 467,183 trainees, who indicated interest in the scheme, 75,600 will participate in the first phase of the orientation, adding that at the end of the five-day training, beneficiaries who qualify would receive loans of up to N3 million from the Central Bank of Nigeria (CBN) with a maximum tenure of seven years.


Hajia Farouq, represented by the Permanent Secretary, Bashir Alkali, according to a statement by her media aide, Nneka Anibeze, said the training was the first of several others that would take place in all the 36 states and the Federal Capital Territory (FCT).

Source: Faith Yahaya