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NYIF 2021: Update On Payment And Other Issues

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There have been many complaints from beneficiaries of the Nigerian Youth Investment Fund (NYIF 2021 loan) regarding issue of non-payment. Well, that has gotten the attention of the Federal Government and a solution has been provided accordingly.

If you applied for the Nigerian Youth Investment Fund Loan and you are yet to be paid, you need to, as a matter of urgency, login to your NYIF dashboard to update your bank account details.

This is very important as that is the only way by which you will receive your payment. If you don’t know how you can do your account details update, we will show you how you can do that successfully, following the steps we will highlight.

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Recall that the Federal Government of Nigeria, in a bid to reduce the hardship brought upon Nigerians because of the recession caused by the COVID-19 pandemic, took a strategic step aimed at cushioning the high level of lack and unemployment among Nigerians by introducing the Nigerian Youth Investment Fund initiative.

This program involves training and disbursement of funds to successful and chosen applicants. This training covers financial management, business ideas, and other important areas of business.

Below are the steps you need to follow to update your bank account details on the Nigerian Youth Investment Fund (NYIF loan) website.

  • Visit the NYIF official portal at www.nyif.nmfb.com.ng,
  • Click on “Dashboard” and select the account update symbol.
  • Upon the opening of the account update icon, input your bank account details,
  • Finally, click on the “Submit” button to submit the updated details.
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Conclusion

Once you have followed and applied the steps highlighted above, exercise patient and expect the withdrawal to be started at the right time. Applicants who are yet to renew their bank accounts to the NU 200,000 are urged to take this opportunity to adhere to the update of their accounts, as training and disbursement will resume soon.

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