The expectation of the exited Batch A and B N-power Beneficiaries has heightened following a viral publication stating that the disbursement of the NEXIT Loan by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development would commence on 23rd August, 2021.
While the stated date draws closer, anxiety intensified among the already perturbed N-power Beneficiaries.
However, the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development has not in any official statement disclosed that a date, 23rd August, 2021 has been fixed for the said Loan disbursement.
The Humanitarian Affairs Minister, Sadiya Umar Farouk also has not in any official statement declared 23rd August, 2021 as the fixed date for the disbursement of the NEXIT Loan.
The Ministry only appealed to the exited 500,000 Batch A and B N-power Beneficiaries to excercise some patience noting that the process for the execution of the disbursement was on top gear.
In a wider thought, the mention of NEXIT Loan sparks questions in a thinking mind - an assertion that all the 500,000 exited N-power Beneficiaries will be granted a loan of N300,000 to N800,000 as exit package, in a tune of N150 Billion to N400 Billion which is not captured in any budget.
The Minister only declared in a statement:
i) 200,000 beneficiaries will be engaged as financial services operators under the Shared Agent Network Expansion Facility (SANEF).
ii) 30,000 to be engaged beneficiaries as geospatial experts and enumerators in the Economic Sustainability Plan’s Mass Agric programme
iii) others would have the option of benefiting from the Government Enterprise and Empowerment Programme (GEEP) micro-enterprise loans.
Even at that, SANEF Agent is open to anyone interested in the business and not restricted to N-power Beneficiaries.
Also, geospatial experts and enumerators in the Economic Sustainability Plans Mass Agric programme is a very nice and colossal combination of technical terms but, Corps members and individuals were selected for Soil Sample Collection, and trained for soil Analysis, not N-power Beneficiaries.
Again, the Federal Government has planned to kick-off the GEEP Loan 2.0 registration. Announcing the preparedness to kickstart the loan programme, at no point in time did the Humanitarian Affairs Minister prioritize exited N-power Beneficiaries as targeted beneficiaries of the Loan Programme.
The previous reports that backlogs of the exited N-power Beneficiaries have been cleared, about 109,000 exited N-power Beneficiaries are doing well in their already established businesses, and the recent announcement by the Minister that the Federal Government has successfully lifted 10 Million Nigerians out of Poverty through the National Social Investment Programme etc, discloses a body language that is yet to be clearly understood by many.
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