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NYIF Applicants: After Account Update, Here Are The Next Steps To Follow

Recently, the Nigerian Youths Investment Fund(NYIF) management, have notified all qualify applicants for account update. However, many applicants have concluded the account update process while some are yet to update theirs as there is poor network on the website. Therefore, today I am going to share the next which all successful applicants should follow so that they can be shortlisted. 

Although, the management have set to commence disbursement of funds to all successful persons, which is the main target of the program. Without much ado, there are some series of steps which every Pre-qualified candidate must adhere to meet the final list in the program after account update.

Below are the series of steps to follow account update:

1. Approval of Loans

After the account update as directed by the NYIF management, Applicant will be required to fill a form which will require his/her loan amount, business name, next of kin details and business plan. After the above information have been provided, applicants are to exercise patience for approval.

2. Two(2) to three(3) days entrepreneurship online training

After loan approval by the management, a link will be sent to Applicant's E-mail address for the Entrepreneurship online training. This online Entrepreneurship training, is going to prepare applicants on how to be a good entrepreneur as lectures will be given to them by business experts.

3. After the Entrepreneurship training by the NYIF management, the next step will be disbursement of funds to qualify applicants. The management will notify qualify applicants through their E-mail address on the next step to follow before the disbursement process commence. With regard to this, applicants are expected to adhere to instructions giving by the NYIF management during the online training which is about to commence immediately after account update.

As such, applicant are to subscribe their phones and get prepared for the online training as absent of applicant in the training can result in disqualifying the person involved during loan Disbursement. Applicant must be present throughout the training period to avoid being disqualified. During the training applicant will be asked to share their opinion about the program; therefore applicant must be attentive during the online training and must avoid all forms of distraction. 

In conclusion, after account update, applicants are to adhered to the above steps before they will be qualified for the final stage which is the fund disbursement.

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NYIF Nigerian Youths Investment Fund(

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