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NYIF Loan Disbursement Date | NYIF Latest Disbursement News Update

If you applied for the Nigeria Youth Investment Fund 2021 you might want to read this NYIF Loan Disbursement Date. Those who have made it to this point in the ongoing federal Government empowerment programme should see this.

Are you among those that were shortlisted? Are you an applicant of the Nigeria Youth Investment Fund (NYIF)? If your answer is yes then this post is all you need.

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This post is to inform our esteemed viewers what is the latest news about their application and when the NYIF loan disbursement will commence. I know you might be wanting to know this information that is why we are here with it.

On this page, you will find NYIF latest news update, NYIF payment date, registration status, payment approval date, registration portal and lots more. Kindly follow this article till the end.

NYIF Loan Disbursement Date

If you are yet to verify your BVN, it is important to do so now. This will enable the loan to be accessible to you. All those whose names where shortlisted or you you among the 10,000 names that was released kindly log in to the portal at www.nyif.nmfm.com.ng and verify your BVN.

This was contained in a statement issued by Kola Daniel, media aide to the Minister of Youths and Sports Development, Mr. Sunday Dare.

The statement states that those who were selected was out of the over 3 million persons that registered for NYIF. And the NYIF loan disbursement will commence any moment from now so long as your name appeared on this list, you are good to go.

These names are available on the FMYSD website and NOYA website. Checks done include Age, BVN whether or not the individual has an existing government loan or has received COVID-19 business payments.

If you have not been invited for training and you are panicking, you are advised to be rest assured that everything is under control. The disbursement will commence immediately the ministry is done with the Zoom online training.

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The training is online and it is only those who were invited will only be allowed to attend. The training will last up to an hour depending on how your questions come and your speed in answering them. Kindly get yourself ready for that.

Also know that Mindthe_gap training is different from NYIF training. Mindthe_gap training is conducted on YouTube while NYIF training for selected candidates is conducted on Zoom. You are to patiently wait until you are invited via your email for training.

If you are wondering if it is possible to be given a loan without training. Well, what we can say on that it is left for the Ministry of Youth and Sports to determine that. Although, the information reaching us is that it is only trained persons shall be given the loan.

You need to bear in mind that no date have been fixed for the Nigeria Youth Investment Fund Loan Disbursement. Kindly check back on this post/website as we shall not hesitate to update this post when we are informed otherwise.

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We are aware that there are person that was selected last year and trained and are yet to receive their loan. This is because the ministry is yet to conclude their BVN verification. Kindly exercise patience as you people will be attended to first.

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This is a loan not grant, you are expected to pay back the money when it is due to avoid the iron fist of the federal government.

Do not forget that before you will be given this money, you will be required to present a business proposal or what the money will be used for. Start now to compile your business proposal for an onward disbursement.

As on the date of this publication, the NYIF Loan Disbursement Date have not been announced. Nevertheless, you can check back on this website as we shall not fail to update this article when the date is released to us.

If you have any question or you need us to assist you in any way, kindly make that known to us through the comment box section below. You can also subscribe to this blog using the bell button below for daily updates from us.

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