FG starts entrepreneurship training for 467,183 beneficiaries of N-Power batches

FG starts entrepreneurship training for 467,183 beneficiaries of N-Power batches

As part of the N-Power scheme, the federal government has begun entrepreneur training for 467,183 of the 500,000 beneficiaries captured in batches A and B.

The batches were exited last year after over two years to pave way for another set of beneficiaries of the National Social Investment Programme,NSIP of the government.

See Also: Npower News: 200,000 Npower Beneficiaries To Be Employed As Financial Service Operator

The NSIP beneficiaries were exited last year after over two years to make way for another group to benefit from the government’s National Social Investment Programme.

Hajia Sadiya Umar Farouq, the Minister of Humanitarian Affairs, Disaster Management and Social Development, had promised to establish an exit program for N-Power beneficiaries.

The N-Power beneficiaries will be eligible for loans from the Central Bank of Nigeria, under the NEXIT Programme.

Speaking at the flag-off of the NEXIM CBN Agric Business,Small and Medium Enterprises Scheme,AGSMES scheme in Abuja, Monday,the minister explained that,”The N-Power programme is key to helping young Nigerians acquire and develop life-long skills that ensure they become solution providers and entrepreneurs in their communities.”

“The N-Power programme is a critical part of the National Social Investment Programmes domiciled in the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development (FMHADMSD) and designed to achieve the National objectives of poverty reduction and job creation,”she added.

Explaining that N-Power has three core segments, namely:”N-Power Volunteer Corps – the Graduate programme;

N-Power Build – Non graduate programme and N-Power Knowledge – Which is a non-graduate programme and embodies the N-Tech Hardware, N-Tech Software and the N-Creative training programme”,she said:”Recently, more segments have been embedded into the N-Power programme such as the N-Skills which is for youth with no formal education who would be trained in different vocational skills and trades.”

According to her,” The Mobile Money Agents which are for financial inclusion of this youth segment is another great feat.”

“It has been my desire that the exited batches A and B N-Power graduate beneficiaries would not be left unattended to. In different channels, I kept on assuring these teaming youths that the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development has worked very closely with the Central Bank of Nigeria to realize this dream.

“Today marks the beginning of the fulfilment of this awaited training that will enable those beneficiaries that indicated interest to participate in the CBN empowerment programme,”she said.

Farouq expressed gratitude for the support received “from CBN towards the development of NEXIT Portal which was used by the Ministry to collate the data of the exited N-Power batches A and B beneficiaries. “

“This has been a painstaking exercise to ensure that eligible and interested beneficiaries are not left out of this laudable programme. This is quite commendable as the exercise was totally free of any political interference. At the end of it all, shortlisted beneficiaries would have a sense of fulfillment and would be satisfied of this support”,she said.

According to her,”From available records, 467,183 applicants were submitted for the confirmation process in February this year. From the records, we identified 182,976 female and 284,191 males while 16 did not specify. 263,998 of these applicants have confirmed their availability to participate in the training programme.”

She spoke further: “For ease of coordination, this training programme would be conducted in phases. Let me also inform you that all the 36 States and FCT are participating in this long awaited NEXIT training programme.

“A total of 75,600 participants are in this first batch of the training. We will continue to train the remaining batches in no distant time.

“The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development is committed to ensuring that the strategic objectives of all the social intervention programs are harnessed to achieve the desired goals and objectives.”

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