Thursday 26 May 2022

New method of loan repayment from the Central Bank of Nigeria

 The Nigeria Youth Investment Fund (NYIF Loan) has witnessed a new twist in 2022 as the Federal Ministry of Youth and Sports Development partners the NPF Microfinance Bank  in the Approval and Disbursement of the N75 Billion NYIF Loan Scheme.

Recall that on 1st April 2022 in a previous NYIF Loan Update, we clarified that the mails and text messages being sent to trained applicants of the NYIF Loan Scheme by the NPF Microfinance Bank was not a scam as alledged, while urging the recipient to follow the instructions specified by the Bank to Open Bank Accounts with them.

In Today's NYIF Loan Update 5th April 2022, we are happy to inform you that approval has resumed for the applicants who obeyed the instruction by the NPF Microfinance Bank to open Bank Accounts with them.

If you had recieved the Text message and/or e-mail notification from the NPF Microfinance Bank and you opened bank account as instructed, kindly proceed to your e-mail inbox to check a mail showing how much NYIF Loan that has been approved for you. Do not forget to check all your inbox including SPAM mail inbox.

Follow the instruction on the mail to Accept or Reject that Loan offer.A sample of the mail is showed below for the avoidance of doubt and prevention of fraud:


Some trained applicants of the Nigeria Youth Investment Fund who adhered to the NPF Microfinance Bank's instruction have confirmed to have recieved approval for N250,0000, N650,000 NYIF Loan while others recieved higher amount under the NYIF Loan Scheme, which they are waiting for disbursement into their Bank Accounts.

Recall that the Nirsal Microfinance Bank in the disbursement of the NYIF Loan to the beneficiaries had pegged the maximum loan per applicant at N300,000.


The reason given then was that the applicants were many and to enable the funds circulate among the numerous applicants, it would be capped at N300,000 per each NYIF Loan beneficiaries. 


However, with the new partnership with the NPF Microfinance Bank, there has been a new twist as many beneficiaries whose loans have been approved, saw more than N300,000 NYIF Loan approved for them.


Recall that the amount approved for a beneficiary is dependent on the Business Plan data especially the financial information supplied during the filling of the Business Plan form.


While the decision to partner the NPF Microfinance Bank and increase the loan cap has not been made public by the Federal Ministry of Youth and Sports Development, we are glad that applicants are getting the long awaited NYIF Long Approval and Disbursement follows soonest. Congratulations to the current beneficiaries. Stay updated as more are on the way.


Asusun saka jarin matasan najeriya (NYIF) ya fitar da wani sabon salo a shekarar 2022 yayin da Ma’aikatar Matasa da Cigaban Wasanni ta Tarayya ta yi hadin gwiwa da Bankin Microfinance na NPF wajen Amincewa da Bayar da ranceb NYIF na Naira Biliyan 75.


Ku tuna cewa a ranar 1 ga Afrilu 2022 a cikin Sabunta rancen NYIF da ya gabata, mun bayyana cewa wasiku da saƙonnin rubutu da ake aika wa masu horar da masu neman rancen NYIF Bank Microfinance Bank ba zamba ba ne kamar yadda ake zargi, yayin da muke kira ga mai karɓa ya bi tsarin. umarnin da Bankin ya kayyade don buɗe asusun banki tare da su.


A cikin labarin mu na yau 5 ga Afrilu 2022, muna farin cikin sanar da ku cewa an dawo da amincewa da rancen asusun saka jarin matasan najeriya ga masu neman izini da suka bi umarnin NPF Microfinance Bank don buɗe asusun banki tare da su.


Idan kun karɓi saƙon rubutu da / ko sanarwar imel daga Bankin Microfinance na NPF kuma kun buɗe asusun banki kamar yadda aka umarce ku, da fatan za ku ci gaba da akwatin imel ɗin ku don duba wasiƙar da ke nuna adadin rancen NYIF da aka amince da su. ka . Kar a manta da duba duk akwatin saƙo na ku ciki har da akwatin saƙo na SPAM.


Bi umarnin kan wasiku don Karɓa ko Ƙin wannan tayin Lamuni.An nuna samfurin saƙon a ƙasa don gujewa shakka da rigakafin zamba:


Wasu da aka horar da su a asusun zuba jari na matasan Najeriya da suka yi biyayya ga umarnin Bankin Microfinance na NPF sun tabbatar da samun amincewar N250,0000, N650,000 Lan NYIF yayin da wasu kuma suka karbi makudan kudade a karkashin tsarin rancen kudin asusun saka jarin matasan najeriya NYIF, wanda suke jiran a biya su. cikin Asusun Bankin su.


Ku tuna cewa Babban Bankin Microfinance na Nirsal da ke bayar da rancen NYIF ga wadanda suka ci gajiyar tallafin ya sanya mafi girman rancen kowane mai nema akan N300,000.


Dalilin da aka bayar a lokacin shi ne cewa masu neman suna da yawa kuma don ba da damar kudaden yawo tsakanin masu nema da yawa, za a sanya shi a kan N300,000 ga kowane mai cin gajiyar Lamuni na NYIF.


To sai dai kuma da sabon hadin gwiwa da Bankin Microfinance na NPF, an samu wani sabon salo, domin da yawa daga cikin wadanda suka ci gajiyar bashin da aka amince da su, sun ga rancen NYIF sama da N300,000 da aka amince musu.


Ka tuna cewa adadin da aka amince da wanda ya ci gajiyar ya dogara ne da bayanan Shirin Kasuwanci musamman bayanan kuɗin da aka bayar yayin cike fom ɗin Shirin Kasuwanci.


Yayin da Ma’aikatar Matasa da Cigaban Wasanni ta Tarayya ba ta bayyana matakin haɗin gwiwa da Bankin Microfinance na NPF tare da ƙara yawan rancen , muna jin daɗin cewa masu neman aiki suna samun dogon Amincewa da Rarraba NYIF da aka daɗe ana jira.


Taya murna ga wadanda zasu ci gajiyar shirin asusun saka jarin matasan najeriya yanzu, yayin da biyan kudin ke kan hanya.


©Ahmed Elrufai Idiris 

Kaduna State Coordinator Zumunta Youth Awareness Forum.

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