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

In line with the N-power exit strategy, Nigeria Government has revealed that N-Power beneficiaries will now be able to access permanent job opportunities or business prospects starting with an agent network in partnership with the Central Bank of Nigeria (CBN).

The scheme remain committed to the vision of buhari administration to lift  over 100 million Nigerians out of poverty in the next 10 years.

The beneficiaries that are eligible are Batches A and B of the N-Power scheme. Government plan to employed 200,000 beneficiaries as operators of the Shared Agent Network Expansion Facility (SANEF) scheme operated by CBN.

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

Recall that a portal was launch last year to enable exited N-Power beneficiaries to apply for CBN empowerment options.

What is CBN Shared Agent Network Expansion Facility  

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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