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N-Power: FG and CBN launch job exit strategies for beneficiaries

Former N-Power beneficiaries will now be able to access permanent job opportunities or business prospects in line with the N-power exit strategy.

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The Federal Government has announced that former beneficiaries of the N-Power scheme can now access job opportunities created for members of the scheme, starting with an agent network in partnership with the Central Bank of Nigeria (CBN).

This was revealed by the Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq, at the 4th annual review of the Home Grown School Feeding Programme (NHGSFP). The beneficiaries that are eligible are Batches A and B of the N-Power scheme.

The N-Power job plan will see 200,000 beneficiaries employed as operators of the Shared Agent Network Expansion Facility (SANEF) scheme operated by CBN.

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”Plans have been concluded for the transition of the N-power Batch A and B through the creation of the NEXIT portal, which would allow those who choose to sign up to access other government empowerment opportunities,” Farouq said.

30,000 other beneficiaries would be employed through a Mass Agric Programme, which is a part of the Economic Sustainability Plan (ESP).

The Shared Agent Network Expansion Facility (SANEF) is a programme that aims to boost financial inclusion in Nigeria operated by the Central Bank of Nigeria, Deposit Money Banks, Nigeria Inter-Bank Settlement Systems, Chattered Institute of Bankers of Nigeria, Licensed Mobile Money Operators, and Shared Agents.

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What you should know: Recall that Nairametrics reported in November 2020 that the Ministry of Humanitarian Affairs, Disaster Management, and Social Development announced the launch of a portal enabling exited N-Power beneficiaries to apply for CBN empowerment options.




Comments 12

  1. If this is not going to be one sided, it’s a good idea. Thanks for the info.

  2. Abdullahi Aliyu Ahmed

    Perfect job indeed, but what about NpowerBuild please because some of them are degree holders while some N.C.E and Some N.D
    Are they included or not….?
    Thanks.

  3. Thanks. But what about Npower-Build please…?

  4. Maikasuwa Samuel Yohanna

    We are great full for this wonderful plan for Npower batch A and B, but when are we going to expect the exit package?

  5. Anonymous

    Ihis plan is very good plan but plan is very ashame becouse programe is not completed im weated for result certifiacate nsq

  6. Glady Adeyemi

    Are our leaders not sensible at all? How can one spend 5.9BN to train youth on smart phones repairs? How much will it cost sane government to build smart phones industry that will continually employing more hands regularly with many chains of opportunities thereof?

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