A significant portion of Nigerian beneficiaries of financial aid from the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank's specialized credit program have failed to repay a substantial sum of N261.07 billion out of the total N419.42 billion disbursed. As per the CBN's published report, the initiative has yielded positive outcomes by generating 1,585,872 jobs, directly and indirectly contributing to employment opportunities. Out of the disbursed N419.42 billion, approximately N41.39 billion has been allocated for loan principal repayment, while about N174.60 million has been designated for interest payments. However, there remains a significant outstanding balance of approximately N378.03 billion, with N261.07 billion classified as overdue, indicating a considerable number of borrowers struggling with repayment obligations. The report indicates that each primary loan recipient, who received N2.5 million for Small and Medium Enterprise (SME) financing, is classified as 'non-performing,' implying challenges or deficiencies in meeting repayment commitments.