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Found 8 results

  1. Following the latest testimonies from NYIF Beneficiaries, more candidates have been shortlisted for the N75 Billion Nigeria Youth Investment Fund (NYIF) loan disbursement and are now Receiving congratulatory message via SMS. So we decided to share this to remind you that if you applied for NYIF, kindly check out if you receive the below congratulatory message from the Nirsal Microfinance Bank (NMEB). This congratulatory message is real, simply follow instructions if you received the message. If you did not get the email they asked you to check for, do not panic, it is glitch being fixed now. It will eventually arrive. Just await and follow their instructions. Read also NCS Set To Release Names Of Shortlisted Candidates For Final Screening Note: The NYIF shortlists are coming out in batches. Therefore, no need to panic if you have not seen any message from NMEB. Just be patient, you will soon be called for training, and after training you will be selected for disbursement. Kindly note that the registration is still open to Nigerian youths. To submit your application for the program, follow this link https://nyif.nmfb.com.ng But if you have applied before, there is no need to apply again. All you need is to undergo the NYIF training and upload a valid NYIF business plan, and you will be shortlisted for loan disbursement.
  2. President Buhari said that the expansion of the N-Power programme would ensure job creation and poverty alleviation. The federal government says it will expand the N-Power programme from the present 500,000 beneficiaries to one million. President Muhammadu Buhari said this in a message to commemorate the 2021 Workers’ Day celebration on Saturday in Abuja. The News Agency of Nigeria (NAN) reports that the 2021 Workers’ Day theme is ”COVID-19, Social and Economic Crises: Challenges for Decent Work, Social Protection and Peoples Welfare”. Mr Buhari said that the expansion of the N-Power programme would ensure job creation and poverty alleviation through programmes such as Safety Net Programmes to cushion the effects of the COVID-19 pandemic. ”We also have put in place some socio-economic policies, which also include Conditional Cash Transfer for the vulnerable poor from 2.6 million households (13 million persons) to 7.6 million households (about 32 million persons). ”COVID-19 Rapid Response Register (RRR) for urban Poor, which now has 4.8 million households (20 million persons) which also include urban poor/working class. ”Also, through the Federal Ministry of Industry, Trade and Investment, there is the Entrepreneur Support Programme and, this even includes the vulnerable workers amongst the urban poor. ”We also have the Artisan Support Fund, Payroll Support Fund for small scale businesses, Business Formalisation aimed at encouraging micro, small and medium enterprises by offering free registration for upcoming businesses by the Corporate Affairs Commission. ”There is also Guaranteed Off-take Stimulus Scheme for Small Medium Enterprises for producers of hygienic products and packaged food to encourage entrepreneurship and industries, “he said. He, however, added that the National Youth Investment Fund (NYIF) for young entrepreneurs had N75 billion for three years, all aimed at support for the labour force. He also noted that in securing decent jobs, the government was inadvertently promoting social protection and people’s welfare. ”We also know that social protection gives you peace of mind and hope for a better future. “It also ensures access to health care and income security for all and provides for you and your family when sick, unemployed, injured, pregnant or too old to work,” he said. He noted that a happy workforce could be created by employers incorporating the decent work agenda in job creation and retention in their workplace guiding policies. ”As we all know, decent work sums up the aspirations of people in their working lives. ”It involves opportunities for work that is productive and delivers a fair income, security in the workplace and social protection for families, better prospects for personal development and social integration. ”It also ensures freedom for people to express their concerns, organise and participate in the decisions that affect their lives and equality of opportunity and treatment for all women and men,” he said. He noted that decent jobs in our workplaces in a nutshell, therefore, reflect all the goodness in labour administration. Buhari, therefore, said fair labour practices must be the norm in the world of work. ”So, the theme for the May Day celebration is relevant and also reflects practical and contemporary issues of our society and not just in Nigeria but globally,” he said.
  3. In regards to the unconfirmed rumor circulating that Npower beneficiaries will only be given a sum of ten thousand naira, a POS machine as there exit package. It has come to how knowledge that the Honorable Minister of Humanitarian Affairs and disaster management Sadiya Umar Farouq had debunked the rumour and reaffirmed that some of the beneficiaries will get a sum of three hundred thousand naira (N300,000) each as an exit package while few will be absorbed into the federal civil service. Read also Latest News On Covid-19 Loan For Applicants According to the information gotten from media, the disbursement was supposed to have commenced by February 10, but there was little delay due to inability of some beneficiaries to complete and update of their information on the nexit portal. As a matter of fact, the source reiterated that a total of seventy five billion naira (75billion naira) has been set aside by the Presidency as exit package grant for Npower volunteers and February ending has been set as the deadline for the disbursement of the grant. Read also Today's Latest Nigeria Youth Investment Fund NYIF News
  4. Good news for NYIF Applicants looking for ways to reach NYIF Support teams for clarification on issues relating to NYIF Applicantion, training, loan disbursement, etc. The Ministry of Youth and Sports Development have designed a form to receive questions and provide answers to necessary questions on the Nigerian Youth investment Fund (NYIF). If you need information or clearance regarding the fund, kindly fill the form below: Click here to fill the form
  5. We noticed that there is massive approval of the NMFB Covid -19 loan for Applicants who have previously applied for the loan. The message is now been sent to selected Applicants and some of you may not know that you have been selected for the loan. If you received the message below, kindly click the link to accept your loan. Dear Applicant, Your COVID-19 Loan application is approved. Click https://covid19.nmfb.com.ng to accept the offer & get the funds in your account. The second message for those who are yet to accept the loan offer goes like this: Dear Applicant, You are yet to accept your Covid-19 TCF. Please do so before the close of business on 15/02/21 otherwise the funds will be recalled. Thank you. As seen above, the deadline to accept the loan offer is Monday 15th February 2021. So, Don't wait for massage if you applied for the loan just go to the site in the link above and check with your BVN. Read also Today's Latest Nigeria Youth Investment Fund NYIF News
  6. On today's latest Npower news, the Government of Nigeria has given a new update regarding nexit opportunities. According to the update shared on Twitter by the Nigeria Government, which states that the central bank of Nigeria in collaboration with the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development has developed a portal to enable exited npower_ng beneficiaries to log on and apply for the various CBN economic empowerment and entrepreneurship options such as: The AGSMEIS loan The Anchor Borrowers Program (ABP) and BOI GEEP loan AGSMEIS is a federal government intervention funding scheme through CBN that promotes Agric businesses as a vehicle for sustainable economic development and employment generation. Anchor Borrowers’ Program (ABP): The Central Bank of Nigeria (CBN) in line with its developmental function established the Anchor Borrowers’ Program (ABP). The Program which was launched by President Muhammadu Buhari (GCFR) on November 17, 2015, is intended to create a linkage between anchor companies involved in the processing and smallholder farmers (SHFs) of the required key agricultural commodities. The program thrust of the ABP is the provision of farm inputs in kind and cash (for farm labor) to smallholder farmers to boost production. If you look at the above statement carefully, you will know that the Nigeria youth investment fund NYIF could be part of the CBN Nexit opportunities. The Government of Nigeria has advised Interested N-Power exited beneficiaries to log on to the CBN portal for more information. The NEXIT portal URL is https://nexit-fmhds.cbn.gov.ng What we are hoping for is to see that volunteers are not discriminated against based on their age if not, many volunteers will not meet the criteria.
  7. The Prospective Npower Volunteers have asked the Npower management team to release the long awaiting bach C Recruitment list to save them from scammers who are trying to rape them off their data. This came as a result of this Npower shortlisting names circulating online which the management of Npower have come out publicly to say that the information is fake. Below is how the prospective Npower Volunteers are reacting to the management response regarding the fake Shortlist: Abbey mike said: I don't understand this government. They put all recruitments on hold. Npower, NSCDC, NDLEA, CUSTOM, INEC, POLICE. E.T.C and they are still advertising new recruitments such as NYIF, ARMY, FMARD E.T.C. complete these recruitments and create new ones to reduce unemployment. Musa Muhammad Dikwa said, then update the public about the batch C you're busy posting fake news while you Say after two weeks of applying you're going enroll the new batch. AGBOCHENI MOHAMMED said Oya, then release the correct one now our own batch was not adulterated like this. This one is been characterized by politicians interest. Another prospective Volunteer said, Most likely towards election 2023 they will update you guys that's there strategy. Why won't there be fake news in that regards when you completely abandoned the Npower arm of NSIP both exit package for batches A and B Npower beneficiaries and planned recruitment receive no serious attention but you keep gallivanting about unserious issues? Aloysius Jennifer said when is the school feeding program kicking off again? The school pupils are hungry, the vendors are hungry and the farmers are hungry too. Please do something madam Sadiya umar farouq. Excel Beauty said, what are you waiting for before you shortlist the chosen candidates? Selfish Nigerian government. AL-KALAM said sometimes you're the problem creators, why don't you shortlist in time until some people start to scam the innocents? Daodu busola sunday said, this is second time that you are counters fake news, do the recruitment in time now.
  8. Nigeria News | Laila's Blog Presidency lists Mohammad Buhari’s second-tenure achievements The Presidency on Friday August 21, has listed 35 policies, programmes and projects that the President has achieved since his second-tenure. President Buhari won his re-election in 2019 after defeating his biggest opposition Atiku Abubakar, of Peoples Democratic Party’s candidate, with about four million votes in the February 23 poll. The Presidency in a statement via its Twitter handle, @NGRPresident, on Friday, listed Buhari’s achievements. Here’s a list of highlights: President Buhari established new Ministries, including Police Affairs and Humanitarian Affairs, Disaster Management and Social Development, exactly a year ago, August 21, 2020. The Budget Implementation Cycle was successfully restored to a January-to-December Calendar, with the signing of the 2020 Appropriation Bill in December 2019. President Buhari signed into law a Finance Bill, to reform domestic tax laws, introduce tax incentives for investments in infrastructure and capital markets, and improve the business environment. It was the first time since the return of democracy in 1999 that a Federal Budget was accompanied by a passage of an enabling Finance Bill. President Buhari approved a 10 billion Naira Intervention Fund for the upgrade of the Akanu Ibiam International Airport, Enugu. That project is now very close to completion. President Buhari ordered a forensic audit of the Niger Delta Development Commission (NDDC) Nigeria rose 15 places on the World Bank Doing Business Index, to 131st position, from 146th, earning a place as one of ten top performing countries in the word President Buhari assented to the Deep Offshore (and Inland Basin Production Sharing Contract) Act, a landmark legislative reform which will generate hundreds of millions of dollars in extra government revenues annually President Buhari performed the ground-breaking for the University of Transportation in Daura, an investment by CCECC in Nigeria. On a similar note, Vice President Yemi Osinbajo performed the ground-breaking for a new Wagon Assembly Plant in Kajola, Ogun State, which will produce rolling stock for Nigeria’s new Rail Lines, and create jobs for thousands of Nigerians. resident Buhari approved the Financial Transparency Policy, mandating publication of Public Financial Information through an Open Treasury Portal. Nigerian has that will improve the business environment, attract innovation and FDI, boost tourism and improve African integration Nigeria commenced issuance of Visas on Arrival to all persons holding passports of African countries President Buhari approved the commencement of the Community Policing initiative, and has approved a 13.3 billion Naira take-off grant. Nigeria commenced Operation ‘Ex-Swift Response’, a multi-agency security operation to secure the nation’s land borders. President Buhari flagged off construction of the Ajaokuta–Kaduna-Kano (AKK) gas pipeline. President Buhari launched the the Presidential Artisanal Gold Mining Scheme. President Buhari established the Economic Sustainability Committee (ESC), under the leadership of Vice President Yemi Osinbajo. The ESC has since developed the Nigeria Economic Sustainability Plan (NESP), a 2.3 Trillion Naira stimulus package to help cushion the effects of the Corona virus pandemic. (Update below) The Federal Executive Council approved the kick-off of pre-engineering phase (and payment of part counterpart funding) of the Presidential Power Initiative, a government-to-government deal involving the Nigeria, Germany and Siemens AG. Final Investment Decision was reached on the US$10 billion Train 7 expansion of Nigeria Liquefied Natural Gas (NLNG) Limited (in which the NNPC holds a 49 percent stake). This was followed by the signing of the engineering, procurement and construction (EPC) contract for the project. The Train 7 will expand NLNG’s capacity by 35 percent, and further position Nigeria as one of the leading producers and exporters of LNG in the world. Commencement of payment of increased Allowance (33,000 Naira monthly) to NYSC members. President Buhari established the National Humanitarian Coordination Committee (NHCC), and the Presidential Task Force on Covid-19 (PTFCOVID19). President Buhari approved the release of a 10 billion Naira Grant to the Lagos State Government and a 5 billion Naira Grant to the Nigeria Center for Disease Control (NCDC), to support the Corona virus Response. President Buhari signed an Amendment to Executive Order 8, the voluntary Offshore Assets Regularization Scheme(VOARS) The Department of Petroleum Resources has commenced the bidding round for 57 Marginal Fields, the first such process in almost 20 years. A National Special Public Works (SPW) programme kicked off in the first quarter of 2020, with a successful pilot programme in eight States. It is now being expanded nationwide, and will provide employment and stipends for 774,000 young Nigerians – 1,000 beneficiaries per Local Government) for three months, starting October 2020. The Itakpe-Warri Railway Line is now ready for operations. Construction commenced more than three decades ago, and then the project was abandoned for many years, until President Buhari took office. It has now been completed and is ready to commence commercial operations, as Nigeria’s “Central Line.” Track-laying for the main section of the new Lagos-Ibadan Standard Gauge Railway Line was completed in March 2020, almost exactly three years after Vice President Yemi Osinbajo performed the ground-breaking ceremony for the project, on behalf of President Buhari. The Nigeria Police Trust Fund, established by the President in 2019, has now been operationalised, with the appointment and inauguration of a Board of Trustees, and an Executive Secretary. Nigeria defeated Polio – attaining, in Q3 2020, the status of being officially free from the Wild Polio Virus, for the first time in the country’s history. No fewer than three private Modular Refinery projects have been completed in 2020, a clear manifestation of the success of the New Vision for the Niger Delta, President Buhari’s Peace, Security and Development Agenda for the oil-producing region of Nigeria. The Modular Refining element of the New Vision involves extending policy and financing support to private investors seeking to establish Modular Refineries. The first of the dozen A-29 Super Tucano light attack, combat and reconnaissance aircraft ordered by Nigeria in a government-to-government deal with the United States successfully completed its inaugural flight at the production facility. The full fleet is scheduled for delivery in 2021. President Buhari approved the establishment of a 75 billion Naira Nigerian Youth Investment Fund (NYIF), to provide 5%-interest business loans to Nigerians aged between 18 and 35. The Central Bank of Nigeria (CBN) launched a 50 billion Naira Household and SME support facility, to cushion the effect of the Coronavirus pandemic. As at July 2020, N49.195 billion has been distributed to over 92,000 beneficiaries. Applications opened (and have now closed) for a new Batch of beneficiaries for the N-Power Jobs Scheme, a component of the National Social Investment Programme, overseen by the Ministry of Humanitarian Affairs, Disaster Management and Social Development. More than 5 million young Nigerians applied for the 400,000 places to be filled. The Federal Government approved a new Policy for the promotion of local production of Bitumen and other construction materials In Nigeria. President Buhari gives presidential assent to a landmark Bill amending the Companies and Allied Matters Act (CAMA). Presidency lists Mohammad Buhari’s second-tenure achievements Queen Nwadah
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