Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,671,530 members, 6,281,634 topics. Date: Sunday, 09 May 2021 at 11:36 PM

Nyif Loan Discussion Thread - Business (48) - Nairaland

Nairaland Forum / Nairaland / General / Business / Nyif Loan Discussion Thread (67363 Views)

Nyif Loan / NYIF Loan Application Portal: How To Apply, Verify Your Email / If Given The FG NYIF Loan Of -N-5M, What Would You Do With It? (2) (3) (4)

(1) (2) (3) ... (45) (46) (47) (48) (49) (50) (51) ... (66) (Reply) (Go Down)

Re: Nyif Loan Discussion Thread by Bash92(m): 12:36pm On Apr 02
DeClan01:


Yes, i got another invitation but it was clearly stated on it to ignore it if you have done the meeting already
Okay, thanks bro
Re: Nyif Loan Discussion Thread by Mnopq: 12:40pm On Apr 02
@Declan. Please can you send the new training link to me, so far you have already done yours, but haven't. abumujaheed17@gmail.com
Re: Nyif Loan Discussion Thread by Oluwathoyin: 3:45pm On Apr 02
Richman44:


Please be careful, all training are done online and not in a physical location.. don't fall in the hands of scammers
thanks alot
Re: Nyif Loan Discussion Thread by Bakerdav: 4:15pm On Apr 02
CBN suspends all loans to NIRSAL as corruption scandal rocks Anchor Borrowers, CEO Abdulhameed

The Central Bank of Nigeria has halted all further disbursements to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Peoples Gazette can report, amidst widespread allegations of corruption.

The agency’s flagship Anchor Borrowers’ Programme and its chief executive Aliyu Abdulhameed have been rocked by charges of endemic graft in recent months, with multiple officials plugged-in about the crisis telling The Gazette that Mr Abdulhameed has all but run down the flagship commercial agriculture scheme.

The CBN’s suspension of further loans to NIRSAL under Mr Abdulhameed was contained in a March 10 correspondence that referenced a February 24 meeting in which the decision was taken for an immediate pause on all loans. The memo said the decision would only be rescinded after all outstanding loans out of NIRSAL have been resolved.

NIRSAL was also asked to submit monthly reports on its activities to CBN, a decision that indicated a retraction of CBN’s confidence long enjoyed by the credit risk managers.

Officials said the action was a major blow to Mr Abdulhameed, although it would also leave some farmers stranded since NIRSAL would no longer have any loan to disburse or plunder.

“We know it is bad for the Anchor Borrowers’ Programme, but at least we know that there will be no money to steal further,” an official said under anonymity because of his current appointment under the Buhari administration. “The CBN’s action is a welcomed development because NIRSAL has been exposed to a lot of bad debts due to its focus on corruption rather than productivity and development of the agric value chain.”
Re: Nyif Loan Discussion Thread by evanpass70(m): 4:32pm On Apr 02
Is nirsal incharge of NYIF loan or NMFB?
Re: Nyif Loan Discussion Thread by Rimemba: 4:41pm On Apr 02
evanpass70:
Is nirsal incharge of NYIF loan or NMFB?

You're not suppose to get this loan for asking this type of question.

2 Likes

Re: Nyif Loan Discussion Thread by evanpass70(m): 4:43pm On Apr 02
Oga you don take this matter personal nah! Oya charge your mind make I take the loan

1 Like

Re: Nyif Loan Discussion Thread by Amen01(m): 5:34pm On Apr 02
evanpass70:
Is nirsal incharge of NYIF loan or NMFB?
NMFB
Re: Nyif Loan Discussion Thread by Amen01(m): 5:36pm On Apr 02
Rimemba:


You're not suppose to get this loan for asking this type of question.
He knows what exactly he's asking. NIRSAL and NMFB are two different organizations. Please visit the official NIRSAL Twitter handle and see for yourself Sir

2 Likes

Re: Nyif Loan Discussion Thread by Richman44: 6:18pm On Apr 02
Amen01:

He knows what exactly he's asking. NIRSAL and NMFB are two different organizations. Please visit the official NIRSAL Twitter handle and see for yourself Sir

NIRSAL and NMFB are the same. NMFB is a
Junior brother to NIRSAL reason are NMFB
Means NIRSAL MICROFINANCE BANK.
Re: Nyif Loan Discussion Thread by Kabiyesi12(m): 7:22pm On Apr 02
Oluwathoyin:
thanks alot
May God just Help in Nigeria. simple duty to share loan to people you took it for granted. I pray they rectify it on time because I know it will affect so many things

2 Likes

Re: Nyif Loan Discussion Thread by YourBestWriter: 7:30pm On Apr 02
COULD THIS BE THE END?

CBN suspends all loans to NIRSAL as corruption scandal rocks Anchor Borrowers, CEO Abdulhameed

The Central Bank of Nigeria has halted all further disbursements to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Peoples Gazette can report, amidst widespread allegations of corruption.

The agency’s flagship Anchor Borrowers’ Programme and its chief executive Aliyu Abdulhameed have been rocked by charges of endemic graft in recent months, with multiple officials plugged-in about the crisis telling The Gazette that Mr Abdulhameed has all but run down the flagship commercial agriculture scheme.

The CBN’s suspension of further loans to NIRSAL under Mr Abdulhameed was contained in a March 10 correspondence that referenced a February 24 meeting in which the decision was taken for an immediate pause on all loans. The memo said the decision would only be rescinded after all outstanding loans out of NIRSAL have been resolved.

NIRSAL was also asked to submit monthly reports on its activities to CBN, a decision that indicated a retraction of CBN’s confidence long enjoyed by the credit risk managers.

Officials said the action was a major blow to Mr Abdulhameed, although it would also leave some farmers stranded since NIRSAL would no longer have any loan to disburse or plunder.

“We know it is bad for the Anchor Borrowers’ Programme, but at least we know that there will be no money to steal further,” an official said under anonymity because of his current appointment under the Buhari administration. “The CBN’s action is a welcomed development because NIRSAL has been exposed to a lot of bad debts due to its focus on corruption rather than productivity and development of the agric value chain.”
Re: Nyif Loan Discussion Thread by Kabiyesi12(m): 7:31pm On Apr 02
YourBestWriter:
COULD THIS BE THE END?

CBN suspends all loans to NIRSAL as corruption scandal rocks Anchor Borrowers, CEO Abdulhameed

The Central Bank of Nigeria has halted all further disbursements to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Peoples Gazette can report, amidst widespread allegations of corruption.

The agency’s flagship Anchor Borrowers’ Programme and its chief executive Aliyu Abdulhameed have been rocked by charges of endemic graft in recent months, with multiple officials plugged-in about the crisis telling The Gazette that Mr Abdulhameed has all but run down the flagship commercial agriculture scheme.

The CBN’s suspension of further loans to NIRSAL under Mr Abdulhameed was contained in a March 10 correspondence that referenced a February 24 meeting in which the decision was taken for an immediate pause on all loans. The memo said the decision would only be rescinded after all outstanding loans out of NIRSAL have been resolved.

NIRSAL was also asked to submit monthly reports on its activities to CBN, a decision that indicated a retraction of CBN’s confidence long enjoyed by the credit risk managers.

Officials said the action was a major blow to Mr Abdulhameed, although it would also leave some farmers stranded since NIRSAL would no longer have any loan to disburse or plunder.

“We know it is bad for the Anchor Borrowers’ Programme, but at least we know that there will be no money to steal further,” an official said under anonymity because of his current appointment under the Buhari administration. “The CBN’s action is a welcomed development because NIRSAL has been exposed to a lot of bad debts due to its focus on corruption rather than productivity and development of the agric value chain.”


I am not sure this does not really concern covid 19 and NYIF, specifically Anchor Borrower was mentioned. Let's wait and see how it goes

2 Likes

Re: Nyif Loan Discussion Thread by chypotenti(m): 7:57pm On Apr 02
YourBestWriter:
COULD THIS BE THE END?

CBN suspends all loans to NIRSAL as corruption scandal rocks Anchor Borrowers, CEO Abdulhameed

The Central Bank of Nigeria has halted all further disbursements to the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Peoples Gazette can report, amidst widespread allegations of corruption.

The agency’s flagship Anchor Borrowers’ Programme and its chief executive Aliyu Abdulhameed have been rocked by charges of endemic graft in recent months, with multiple officials plugged-in about the crisis telling The Gazette that Mr Abdulhameed has all but run down the flagship commercial agriculture scheme.

The CBN’s suspension of further loans to NIRSAL under Mr Abdulhameed was contained in a March 10 correspondence that referenced a February 24 meeting in which the decision was taken for an immediate pause on all loans. The memo said the decision would only be rescinded after all outstanding loans out of NIRSAL have been resolved.

NIRSAL was also asked to submit monthly reports on its activities to CBN, a decision that indicated a retraction of CBN’s confidence long enjoyed by the credit risk managers.

Officials said the action was a major blow to Mr Abdulhameed, although it would also leave some farmers stranded since NIRSAL would no longer have any loan to disburse or plunder.

“We know it is bad for the Anchor Borrowers’ Programme, but at least we know that there will be no money to steal further,” an official said under anonymity because of his current appointment under the Buhari administration. “The CBN’s action is a welcomed development because NIRSAL has been exposed to a lot of bad debts due to its focus on corruption rather than productivity and development of the agric value chain.”
NYIF no get any business with this.... it's a different thing entirely just that Nisral was contracted to disburse the funds....
Re: Nyif Loan Discussion Thread by peeps4u: 9:22pm On Apr 02
Amen01:

He knows what exactly he's asking. NIRSAL and NMFB are two different organizations. Please visit the official NIRSAL Twitter handle and see for yourself Sir

NMFB means Nirsal microfinance Bank. This isn't arguing if the latest news will affect NYIF or not, but just to state NIRSAL is NMFB.

The official site is nmfb.com.ng, you will see Nirsal written on their page
Re: Nyif Loan Discussion Thread by Georgemoore: 10:10pm On Apr 02
Richman44:


NIRSAL and NMFB are the same. NMFB is a
Junior brother to NIRSAL reason are NMFB
Means NIRSAL MICROFINANCE BANK.

No sir, NIRSAL means Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), while NMFB means National Microfinance Bank

1 Like

Re: Nyif Loan Discussion Thread by Georgemoore: 10:15pm On Apr 02
Kabiyesi12:



I am not sure this does not really concern covid 19 and NYIF, specifically Anchor Borrower was mentioned. Let's wait and see how it goes

and beside this suspension was since on March 10th 2021, yet people's loan were approved on the 18th March 2021, and they received payment. my take on this - fake news or misconception
Re: Nyif Loan Discussion Thread by peeps4u: 10:27pm On Apr 02
Georgemoore:


No sir, NIRSAL means Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), while NMFB means National Microfinance Bank

That's another NIRSAL entirely. People do mistake them for the Nirsal microfinance bank on twitter

1 Like

Re: Nyif Loan Discussion Thread by YourBestWriter: 10:36pm On Apr 02
Kabiyesi12:



I am not sure this does not really concern covid 19 and NYIF, specifically Anchor Borrower was mentioned. Let's wait and see how it goes

Is NYIF not an anchor borrower? Since the specific anchor borrower wasn't mentioned, I hope it's not NYIF.
Re: Nyif Loan Discussion Thread by Amen01(m): 10:46pm On Apr 02
Georgemoore:


No sir, NIRSAL means Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), while NMFB means National Microfinance Bank
You sabi, they're different organization with different operations.

1 Like

Re: Nyif Loan Discussion Thread by Anonymousgister: 10:51pm On Apr 02
Before we flood this thread with unnecessary back and forth arguments and assumptions, please note the date (10th of March) that was stated in the said letter.

It's a fact that several approvals and disbursements have been reported after that 10th. If the imports of that letter affected the Covid loan and NYIF, common sense (no insults intended) will tell us that there wouldn't have been any further approvals and payments.

What about the invites for NYIF training? Would they have still gone ahead with it? No?
Re: Nyif Loan Discussion Thread by kenddys(m): 12:46am On Apr 03
DeClan01:


Yes, i got another invitation but it was clearly stated on it to ignore it if you have done the meeting already

I sha got one email o
Re: Nyif Loan Discussion Thread by kenddys(m): 12:50am On Apr 03
DeClan01:


Yes, i got another invitation but it was clearly stated on it to ignore it if you have done the meeting already


This is what I got

Re: Nyif Loan Discussion Thread by Richman44: 9:40am On Apr 03
Georgemoore:


No sir, NIRSAL means Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), while NMFB means National Microfinance Bank

NIRSAL OWNS NMFB. That's why it is Called (NIRSAL MICROFINANCE BANK).. NMFB is a sub-section of NIRSAL, they disburse loans to any borrowers registered by NIRSAL .
Re: Nyif Loan Discussion Thread by Richman44: 9:56am On Apr 03
Georgemoore:


No sir, NIRSAL means Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), while NMFB means National Microfinance Bank

NIRSAL OWNS NMFB. That's why it is Called (NIRSAL NATIONAL MICROFINANCE BANK).. NMFB is a sub-section of NIRSAL, they disburse loans to any borrowers or grant programs under NIRSAL .

Examples are
1. NYIF =( business start up/ support.)

2. COVID 19=(reduce covid 19 effect
on bussiness)

3. ANCHORR BORROWERS= (for small holders farmers & CO-OPERATIVE)

4 SURVIVER FUND=( to support mini business and employees)
E.T.C .
so since only ANCHOR BORROWERS( farmers) was mention
NYIF IS SAFE FROM THE NEWS HOPEFULLY..

NMFB (NIRSAL NATIONAL MICROFINANCE BANK)

you can just call it (NATIONAL MICRO FINANCE BANK) or just (NIRSAL MICROFINANCE BANK) which ever once you choose to call it is the same THING
Re: Nyif Loan Discussion Thread by DeClan01: 10:09am On Apr 03
kenddys:



This is what I got

Ignore am jor
Re: Nyif Loan Discussion Thread by Fucklove(m): 10:17am On Apr 03
Who else received this? cool
Re: Nyif Loan Discussion Thread by kenddys(m): 11:05am On Apr 03
DeClan01:


Ignore am jor

Sure na

This NYIF guys have a habit of sending mails late cheesy


But I need to take that quiz o

How in take do am
Re: Nyif Loan Discussion Thread by Bash92(m): 11:08am On Apr 03
Fucklove:
Who else received this? cool

I got it too
Re: Nyif Loan Discussion Thread by kenddys(m): 11:08am On Apr 03
Fucklove:
Who else received this? cool

This doesn't look normal

I did not receive sha

Lets wait and see if someone else did
Re: Nyif Loan Discussion Thread by kenddys(m): 11:08am On Apr 03
Fucklove:
Who else received this? cool

Did it come this morning?
Re: Nyif Loan Discussion Thread by DeClan01: 11:11am On Apr 03
kenddys:


Sure na

This NYIF guys have a habit of sending mails late cheesy


But I need to take that quiz o

How in take do am


The quiz sef get as e be....The exam portal no dey gree mark my courses, the one wey e mark, na zero e record...na only 2 courses i do successfully. I no do am again since them don say we go get our certificate in our emails.

(1) (2) (3) ... (45) (46) (47) (48) (49) (50) (51) ... (66) (Reply)

Which Business Can I Do With N300k As A School Teacher? / People Wearing White Take Over Ikeja, Shops Locked, Streets Deserted (Photo) / Take A Look At Ifeanyi Ubah's House

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 132
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.