The Federal Government of Nigeria through the Federal Ministry of Humanitarian Affairs, Disaster Management & Social Development (FMHDSD) has brought to the knowledge of the public, the available options for NEXIT program.
The NEXIT program that is being coordinated by the Central Bank of Nigeria (CBN), will be having the subsequent options under its economic empowerment and entrepreneurship.
Available Options For NEXIT Program
Below are the available options for NEXIT program;
1. AGSMEIS loan
AGSMEIS is an investment scheme meant to elevate the standard of the agricultural sector. The AGSMEIS loan is a type of loan offered by the Federal government through the Central Bank of Nigeria (CBN), to promote agricultural investment.
This offer is for both big and small businesses that are into agriculture. The NEXIT program will then make AGSMEIS loan more easier to access, since its an available option in its portal for applicants to choose.
The ABP is an acronym for Anchor Borrowers’ Program, and just like the AGSMEIS loan, it is being created by the Central Bank of Nigeria.
The ABP came into existence in the year 2015, with the intention of promoting agriculture as well. No doubt, it has greatly serve as a fulcrum between the anchor companies and smallholder farmers in the agricultural sector.
3. BOI GEEP loan
The GEEP (Government Enterprise and Empowerment Programme) loan is an idea from the Nigeria Government to curb unavailability of funds to the lower class citizens of the country. This loan is run through the Bank of Industry (BOI).
Note: All options are only open to those that registered for the NEXIT empowerment program. If you are yet to register for NEXIT, CIick Here to begin.
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