Beware of Fake Nigeria Youth Investment Funds

A widely circulating Fake CBN concessional Grant has claimed that the Federal Government in conjuction with the Central Bank of Nigeria has commenced disbursement of Nigeria Youth Investment Fund to empower 500,000 Youths Nationwide.

The Fake information furthered that the Government Grant is available until 15th January, 2021 while encouraging everyone to register through a fake data Phishing website.

"FEDERAL GOVERNMENT* in conjuction with *CBN* begins the disbursement of *NIGERIA YOUTH INVESTMENT FUNDS* to empower 500,000 Youths Nationwide.
The Government grant is available to everyone till 15th of Jan 2021
APPLY HERE  https://bit.ly/CBN--Youth-Grant," the fraudulent  message stated. 

The Fake website buried in bit.ly url shortner is https://cbn-grant-gov-ng.new-year-gift.xyz which is a free hosted domain hurridly designed with the Nigeria Youth Investment Funds graphics for the purpose of defrauding unsuspecting Nigerians.

The Federal Ministry of Youth and Development in a recent press statement warned Nigerian Youths to be wary of individuals posing as FMYSD agents for the N75 Nigeria Youth Investment Fund as the Ministry embarks on mass processing of application data.

The Ministry in the statement signed by its Director of Press, Lere-Adams Adjobome advised Nigerian Youths to shun groups that facilitate access to registration, training, and other services for the NYIF at a fee.

The Director of Press further outline Important Information that would guide Nigeria Youths to ensure safety from fraudulent individual who may intend to prey on unsuspecting youths.

He stated:

i. Do not access unsecured and fraudulent application portals: Apply on: https://nmfb.com.ng/nigeria-youth-investment-fund/

ii. Do not disclose your BVN, NIN and other sensitive information to fraudsters and unauthorized persons/ groups.

iii. Deal directly with the approved government institution for business registration and with a licensed bank for account opening services.
iv. Disregard messages and advertisement inviting youth to pay any sum of money for entrepreneurship training, writing/business plan development or other services related to application for the Nigerian Youth Investment Fund

v. Access to the Application portal and Entrepreneurship Training for the NYIF is FREE. NO FEE REQUIRED.

For further information and enquiries, please contact the following:
07047024251- South –South ZONE
07047598382- North-East ZONE
08181127180 - North West ZONE
08152947812 - South West ZONE
07087792103- North Central ZONE
07053820081 - South East ZONE

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