NPower Latest News For Today Wednesday 13th October 2021

Nexit Loan Latest Update: Applicants to Wait Longer As FG Source For Fund

Todays Latest news on Nexit Loan: Applicants has been urged to wait A-little longer as Federal Government source for fund. Applicants will be left with no option but to wait for a little time as the management continues to source fund to finance the Nexit package.

To move further, it may also want to check out How To Avoid Missing Out On Batch C

This was made known on Good-Morning Nigeria on NTA international, it was clearly stated that FG is massively sourcing funds, to finance the Nexit CBN loan package for all interested volunteers.

Npower Batch C is already captured in the 2021 main budget but the funds for Nexit is in the supplementary budget, which will be financed by external borrowing.

FG Seeks $6.183billion (N2, 343,387, 942,848.00) to finance the 2021 budget deficit. The Npower disengaged volunteers and the incoming batch c will smile soon as the Federal Government intensify the effort to boost social spending to reduce unemployment and reduce poverty.

The over 350,000 Survival fund beneficiaries, the 1,000,000 Npower Batch C applicants, the Nigeria Youth Investment Youth Programme, the AGSMEIS programme and many other FG programmes would be more lively when the external loan is secured.

“President Muhammadu Buhari, on Tuesday, urged the Senate to approve a new external loan of N2, 343,387, 942,848.00, about $6.183billion, for the Federal Government to finance the 2021 budget deficit.

Senate President Ahmad Lawan read Buhari’s letter of request on the floor of the Senate at plenary” Apparently, the Federal Government is seeking funds, to execute the Nexit loan package to disengaged volunteers.

Nexit Loan Latest Update: Applicants to Wait Longer As FG Source For Fund.

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By Okpara Kenneth

https://www.flippstack.com

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