18 Mar 2022

NEXIT: No, It Is Not Possible For 2 Beneficiaries To Use The Same Business Account For The NEXIT Loan

Some exited Npower Batches A and B beneficiaries have been asking the question "if it is possible for 2 Npower beneficiaries to use the same business account to apply for the NEXIT loan, the answer to this question is a big, NO, it is not possible for two Npower beneficiaries to use the same business account to apply for the NEXIT loan.

Please exited Npower Batches A and B volunteers should take note and be extremely careful to avoid any unnecessary complications to your loan application, your loan application should be completed individually as a sole proprietorship business, the NEXIT loan is not for partnership business.

The NEXIT training is for exited Npower Batches A and B volunteers who wants to become entrepreneurs, either you want to start a business or you have an existing sole proprietorship business and you want to expand it, the Npower NEXIT training is not for big conglomerates nor for business partnership it is strictly for sole proprietorship business set up.

Conversely, if you are applying for the loan while using the business plan template, in the column for account details under business name, please use your personal savings account, even if you run a partnership business or any other form of business.


NEXIT: You Will Not Be Considered For The NEXIT Training, Even If You Had Done The NEXIT Training Before

An Npower Batch A volunteer have been asking the Npower NEXIT organizers to consider him for the NEXIT training, claiming he had done the training before, even though he was shortlisted but his name is not on the current list, please this is just to inform you that even if you had done similar training in the past, it is not a criteria for being selected for the NEXIT training program, if your name is not on the current list, and you will not be considered for the current NEXIT training, please exercise patience your name will definitely be in the next list and the next batch.

This particular NEXIT training program is a bit different from the 3 months training held years ago, after this NEXIT training program, exited Npower Batches A and B volunteers that qualify, will be given soft loans, with a payment plan of 7 years maximum and exited Npower Batches A and B volunteers will be given a loan amount of maximum ₦3,000,000 in addition to the NEXIT training certificate, compared to previous trainings were participants were given only certificates.




Npower: The Physical Verification For The Supplementary List Npower Batch C Stream A Will Commence After The Biometrics Of Npower Batch C2

Npower Batch C volunteers that were shortlisted through the Npower supplementary list of batch A (that is stream 1) that missed the physical verification exercise for Npower Batch C1 stream 1 have been asking when the Npower physical verification exercise will commence, some Npower Batch C1 volunteers missed the Npower physical verification due to one reason or the other, please if you are an Npower Batch C1 volunteer and you missed the Npower verification exercise, please exercise patience until the shortlisting process of the Npower Batch C2 stream 2 is concluded and their biometrics fingerprint capture is also completed, after the Npower biometrics fingerprint enrollment capture, the Npower physical verification exercise commences, it is at this period of physical verification that the Npower Batch C1 volunteers that missed the previous Npower physical verification can join.

Npower Batch C1 volunteers that missed the previous Npower physical verification exercise, should be observant as at when the next physical verification exercise will commence so that they can join the next batch which is Npower Batch C2 stream 2.


NEXIT: Please Ignore What People Are Saying There Will Be A Second Batch, For Those That Did Not See Their Names

You went to the NEXIT training venue, you went through the list at the NEXIT training venue you did not see your name, and you overheard people saying there will be no second batch, please this information is false and does not hold water, there will be a second batch, the number of exited Npower Batch A and B volunteers currently undergoing the NEXIT loan acquisition training is not even up to a quarter of the total number of exited Npower Batches A and B shortlisted for the NEXIT training program.

The NEXIT training program is divided into as much as three batches, there will be another batch if you did not see your name at the NEXIT training venue, exited Npower Batches A and B volunteers slated for the next batch will be contacted after the first batch NEXIT  loan training elapses.

The NEXIT training loan program is an initiative of the Federal Ministry for Humanitarian Affairs in collaboration with the Central Bank of Nigeria and Blink Plan Business Ecosystem Linkages to provide soft loan to exited Npower Batches A and B volunteers to start a business of their choice, soft loans ranges from ₦500,000 to ₦3,000,000 repayable in 7 years.


Npower: There Is Nothing Holding January Stipend, January Stipend Is At Its Concluding Phase

Some Npower Batch C Volunteers have expressed their grief and displeasure by asking the question "What is holding January stipend?", there is nothing holding January stipend, Npower NASIMS just released a statement few hours ago that the January stipend delay is as a result of technical challenges experienced at the Npower NASIMS backend, the January stipend as at its concluding phase, once the technical issues is rectified and the January payment process is completed, all Npower Batch C Volunteers should start receiving credit alert, before the month runs out Npower Batch C Volunteers should start observing changes on their payroll status, all failed payments will be paid as backlog.


Npower: What To Do If You Have Been Spending Heavily On Transport, After The 3 Days Training And You Want To Redeploy

If you are an Npower Batch C Volunteer under the Npower non graduate category and you have been spending excessively just in three days of the non graduate training you have spent a lot on transport, you tried redeploying to a closer training center but the Npower NASIMS dashboard keeps saying error "please try again later" please if you are experiencing this issue it is just a temporary network challenge.

Alternatively you can send your complain briefly to redeployment.npower@nasims.gov.ng, when making your complain send your non graduate Npower ID, as well, you can call Npower dedicated customer support number between 9am to 2pm on 01888340

092203102, 018888148 or 018888189 redeployment process takes long to complete, would advise non graduate Npower volunteers having redeployment issues to just go straight to the training officers or your district and get a rejection letter then go to your training center of your choice and collect acceptance letter then upload it on the Npower NASIMS dashboard at your convenience.


Npower: What To Do When Your Npower NASIMS Dashboard Says "No BVN Data"

If you are an Npower Batch C Volunteer and your Npower NASIMS profile displays "no BVN Data" at the BVN field, please do not attempt to edit it, by default, all Npower Batch C Volunteers' NASIMS dashboard shows "no BVN Data".

The BVN validation process, had already been completed during the Npower Batch C registration process, please do not attempt to alter or change it, it is from Npower NASIMS dashboard, the "no BVN Data" is being displayed on your Npower NASIMS dashboard for security reasons and it is not an issue and will not affect your payment, therefore if you are seeing the "no BVN Data" on your Npower NASIMS dashboard, simply ignore it and do not bother yourself trying to contact the Npower NASIMS customer care agents.

The only time the BVN becomes an issue is if your BVN names do not match your account names and Npower NASIMS names on the dashboard, another issue that might affect your payment is if the BVN numbers are not correct, this will affect your payment, the "no BVN Data" displayed on your Npower NASIMS dashboard will not affect your payment.


Npower: January Stipend Is At Its Concluding Stage, 2021 Outstanding Payments Are Currently Being Sorted Out

As we speak the January stipend of 2022 is being sorted out and is at its concluding stage, anytime soon all Npower Batch C Volunteers should start seeing changes on their Npower NASIMS payroll status, once the January payment is initiated all Npower Batch C Volunteers will start receiving credit alert.

All outstanding payments of last year 2021 is being reviewed and being sorted out and will be paid to Npower Batch C Volunteers having payment issues as backlog payment, all Npower Batch C Volunteers are advised to check their Npower NASIMS payroll status for changes on their payment history, before the month runs out January payroll status should display pending, then processing then paid.


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