Update: Nigeria Youth Investment Fund (NYIF Loan)

The approval and disbursement of the N75 billion Nigeria Youth Investment Fund (NYIF Loan) to the trained beneficiaries of the Programme has been maintained by the Federal Ministry of Youth and Sports Development.

Some of the NYIF Loan Training participants, including the 10,000 candidates who were recently trained, reported that they received a text message and email confirming their Loan Approval and instructions on how to get the funds into their bank accounts.

Click and Download the Full List of 10,000 shortlisted/Trained candidates here

“You have been selected as a beneficiary of the National Youth Investment Fund. Check your e-mail for details, dial *5757#, download NPF Microfinance Bank App or Visit our Branch,” reads a text message provided by an accredited partner in the NYIF Loan distribution (NPF MFB PLC) to the successful recipients, which was misinterpreted for a scam text. For further information, check your e-mail, dial *5757#, download the NPF Microfinance Bank App, or come to our branch.”

One of the e-mails states,  “Dear NYIF Beneficiary, the Federal Ministry of Youths and Sports is partnering with NPF MFB Plc as one of the Disbursing parties for the National Youth Investment Fund (NYIF) nationwide.

“Your name/SME has been forwarded to us as one of the successful”

  1. Visit our website www.npfmicrofinancebank.com to open an account.
  2. Through our USSD *5757#
  3. Download the mobile App through Play Store or Apple Store
  4. ViSit any of our branches nearest to your location as listed below”

The aforementioned text message and email are not scam messages, as many people believe, and any NYIF Loan Scheme applicant who receives them should act quickly to follow the instructions.

Choosing the NPF Microfinance Bank as a partner in the disbursement of the Nigeria Youth Investment Fund loan will not only expedite the loan’s disbursement but also aid in its recovery.

This information was first published on nyscinfo.com. DMCA PROTECTED.

Source: Nyscinfo

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