NYIF Updates – shortlisted candidates lament obstacles to loan procurement

NYIF: Confusion as shortlisted candidates lament obstacles to loan procurement

Some shortlisted candidates for the loan at the Nigeria Youth Investment Fund (NYIF) have expressed their inability to respond to an email sent by the Federal Ministry of Youth and Sports Development to confirm the guarantee.

This led to inconsistencies in the loan process as the agency said yesterday that the beneficiaries had not responded to an email sent to them to confirm their loans. According to the department, out of 25,000 short-term loans, only 4,375 answered and lent.

However, some applicants who went to the responsible Twitter page to express their frustration said that all their efforts to respond to the email acknowledgment proved unsatisfactory. useful. Some said that although they had been recruited and trained since November last year, they had not received an email from the Ministry.

What they say

Responding to the agency’s Twitter message, one of the applicants, Gabenga Odelade, said: “Their mailbox is full and they can not receive the new email.” I went to their branch and said their box was full.

Another applicant, Ayola Erinley, had forgotten the responsible statement from Nyometrics, saying: “Many beneficiaries have tried to write and submit applications as needed, but e-mail address sent is more email.Looks very difficult to receive.People benefit from us.

For Adikeh Ngupar, despite being recruited and trained since last year, he did not receive an email from the Ministry. “What did they say?” Most of us were recruited and trained in November last year, and so far the agency has not sent us a letter of approval. We are tired of waiting, ”he said.

Tragically, Ilegbusi Taiwo said: “I am one of the NYIF voters who studied the November 15 last year. I am very disappointed that so far I have not been able to get the loan. money from one of the NYIF banks was selected. ”

Ugborji Kingsley said: “This is not a good thing at all. I am one of the short applicants for loans, I have for my training but have not received the email as mentioned here and most of us who have studied on the same day have not receive email. What to do, please? ”
If you miss it

The Voice of Nigeria announced yesterday that the Federal Ministry of Youth and Sports Development has applied for Nigerian youth who have applied for loans under the Nigerian Financial Institutions (NYIF).
Of the 25,000 successful applicants, less than 14% of the newly selected applicants, who were expected to be part of the loan, responded to emails confirming their approval of the loan, according to the office.

NYIF News