Nigeria Youth Investment Fund
FG gives vital updates On N75bn Nigeria Youth Investment Fund

The federal government has issued vital updates on the newly opened N75 billion Nigeria Youth Investment Fund platform to resolve some problems facing applicants.

TrueTalkNews had earlier reported that the NYIF registration Portal opened opened on 14 October 2020.

However, some applicants have reported having issues filling the form as the system keeps rejecting their Bank Verification Number.

More so, applicants also said the basis that names supplied during the registration are correlating with the one on the portal.

To address the issues, the ministry took to its account on the microblogging site purposely created for the initiative to release guidelines and as well give clarification on the ‘challenges’ been experienced.

Addressing the issues of BVN, the NYIF tweeted; “If the portal says the name you provided does not tally with that on your bvn information, we certify that this report is correct.

Just now, we experimented with a young lady’s account whose real name is “Prisca”. Bankers made a mistake while registering her BVN.”

“It could be different from what your bank details carry. Go for proper verification. Don’t try to correct it now either as that might take a long time to reflect.”

Also addressing complaints of not receiving mail notification after completing the form, NYIF tweeted;

“Please do not panic if you don’t receive any confirmation mail after registering for the funding opportunity. We are currently not sending any at the moment. Every successful applicatant would see a success message at the end of their application.

For Unregistered applicant, Click HERE to register for the NYIF initiative.

In another news today, the Academic Staff Union of Universities (ASUU), gave assurance that the union will suspend its prolonged strike very soon, as its President, Prof Biodun Ogunyemi, declared that the varsity lecturers are ready to go back to school.


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