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NYIF: Despite Loan Approval, Here Are Reasons Why You May Not Receive Your Payment

In our discussion for today, we are going to look at three important reasons on why some people who applied for the Nigerian Youth Investment Fund(NYIF), program did not receive their funds despite their loan approval. 

Recall that the NYIF management, earlier last month has notified their members for loan approval. However, after the loan approval, some people are still worried over the delayed in the disbursement of funds.

Here are some mistakes some applicants did during the registration that may cause them from not receiving their funds. 

1. Wrong Bank Verification Number(BVN)

Some applicants failed to give their correct bank Verification number during the registration process, which in turns has result in them not receiving the funds. As such, applicants are to visit the NYIF official website to review their profile.

2. Incorrect Personal information

During the registration process, some applicants failed to give their correct personal details, resulting in them not receiving their funds despite account approval. Applicants are advised to recheck their personal details in the NYIF portal.

3. Absence of some people in the online Entrepreneurship training

The one-day online Entrepreneurship training is a compulsory training designed by the management to train all beneficiaries on the businesses they may like to start up after disbursement.

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BVN NYIF Wrong Bank Verification

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