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Youth Investment Fund: Be weary of fake links, training is free – Minister

The application and entrepreneurship development training for the NYIF is free.

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President Buhari to address Nigerians on Lekki toll plaza shootings after investigation , Youth Investment Fund:  Ministry of Finance and CBN to launch provision of funds- Minister, Federal Ministry of Youth and Sports launch DEEL initiative

The Federal Government has warned potential applicants of the National Youth Investment Fund (NYIF) to be weary of fake links that is currently being circulated in the media.

This was disclosed by the Ministry of Youth and Sports Development in a statement issued on Friday.

According to the Director Press in the Ministry, Mrs. Lere-Adams Adjobome, who signed the statement, the link: ‘https://nyif–edi.mystrikingly.com’ is fake and is not from the ministry.

She cleared that the application and entrepreneurship development training for the NYIF is free, and prospective applicants are advised to log on to: https://nmfb.com.ng/nigeria-youth-investment-fund.”

How it works

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After the application on the NFMB Portal, eligible applicants would be invited by the ministry for training by an approved Enterprise Development Institute (EDI).

She said, “People should not disclose their Bank Verification Number (BVN) and other personal information to fraudsters, as BVN was not required for one to access the entrepreneurship training with and approved EDI.

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

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“Do not disclose your BVN and other personal information to fraudsters, Your BVN is not required for you to access Entrepreneurship training with approved EDI’s.

“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.”

What you should know

Few weeks back, Nairametrics reported that President Muhammadu Buhari disclosed that over a million applications have been received for the N5 billion Nigeria Youth Investment Fund (NYIF) since the scheme was launched in October.

The President disclosed this in a statement on Sunday evening via his official Twitter handle.

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He said, “Over a million applications have already been received since the 75 billion Naira Nigeria Youth Investment Fund (NYIF) Portal went live on Oct 12, 2020. This Fund will invest in the innovative ideas, skills, and talents of young Nigerians.”

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Abiola has spent about 14 years in journalism. His career has covered some top local print media like TELL Magazine, Broad Street Journal, The Point Newspaper. The Bloomberg MEI alumni has interviewed some of the most influential figures of the IMF, G-20 Summit, Pre-G20 Central Bank Governors and Finance Ministers, Critical Communication World Conference. The multiple award winner is variously trained in business and markets journalism at Lagos Business School, and Pan-Atlantic University. You may contact him via email - [email protected]

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Coronavirus

Covid-19: Victims Support Fund launches N3.3 billion intervention fund

The VSF has launched a N3.3 billion intervention fund, targeting one million households most affected by the COVID-19 pandemic in Nigeria.

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Covid-19: Victims Support Fund

The Victims Support Fund (VSF), a foundation for supporting victims of terrorism has announced that the launch of a N3.3 billion COVID-19 intervention fund, targeting one million households most affected by the pandemic in Nigeria.

This was disclosed by Mrs. Toyosi Akerele-Ogunsuji, Chairperson, VSF Task Force on COVID-19, on Saturday in Kano.

Mrs. Akerele-Ogunsuji disclosed on Saturday that VSF has already spent N1.8 billion in the first phase of its COVID-19 intervention through the provision of food and other relief materials, adding that N832 million was spent under the second phase of the programme.

READ: Agriculture: AfDB to invest $25 billion in Nigeria, Senegal, 3 others

She added that for the 3rd phase of the scheme, N1.3 billion will be spent until the end of the year.

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“The total amount will be around N3.3 billion. It includes the money spent on the provision of 54 solar powered boreholes installed in schools across 18 states in the six geo-political zones of the county.

“The VSF is also donating 60, 000 pieces of COVID-19 rapid test kits to support opening of the orientation camps of the National Youth Service Corps (NYSC) in the coming weeks.

READ: Nigeria spends N8 billion annually to import vaccines 

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“We are targeting indigent and vulnerables households in the country, that is very important to us, and by the time we have done this intervention we will have over one million individuals who have been touched by the VSF interventions,” she said.

She also revealed that the fund has also provided medical items and Personal Protective Equipment (PPE) to healthcare workers, in 16 of the 30 states in the six geo-political zones of the country.

READ: $66.5 billion worth of Bitcoin lost forever

What you should know 

Victims Support Fund, joins other private and public sector initiatives including the  Coalition Alliance Against COVID-19 CACOVID which the Central Bank of Nigeria (CBN) revealed has so far incurred an expenditure of N43.27billion on the acquisition of, not only medical equipment and supplies but also food palliatives for vulnerable Nigerians.

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READ: Terrorism: Nigeria records 39.1% reduction in deaths – GTI Report

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Nairametrics reported that CACOVID  announced plans to deploy over N150 billion towards the setting up and implementation of a youth development programme. It also announced they have budgeted nothing less than N250 billion to rehabilitate damaged police stations across the country and solve the issue of unemployment.

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Coronavirus

COVID-19 Update in Nigeria

On the 29th of November 2020, 82 new confirmed cases were recorded in Nigeria

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The spread of novel Corona Virus Disease (COVID-19) in Nigeria continues to record significant increases as the latest statistics provided by the Nigeria Centre for Disease Control reveal Nigeria now has 67,412 confirmed cases.

On the 29th of November 2020, 82 new confirmed cases were recorded in Nigeria, having carried out a total daily test of 7,101 samples across the country.

To date, 67,412 cases have been confirmed, 63,055 cases have been discharged and 1,173 deaths have been recorded in 36 states and the Federal Capital Territory. A total of 756,237 tests have been carried out as of November 29th, 2020 compared to 749,136 tests a day earlier.

COVID-19 Case Updates- 29th November 2020,

  • Total Number of Cases – 67,412
  • Total Number Discharged – 63,055
  • Total Deaths – 1,173
  • Total Tests Carried out – 756,237

According to the NCDC, the 82 new cases were reported from 11 states- Lagos (48), Rivers (8), Kwara (6), Yobe(6), Katsina (5), FCT(3), Nasarawa(2), Plateau (1), Ogun (1), Kano (1) and Osun(1)

Meanwhile, the latest numbers bring Lagos state total confirmed cases to 23,238, followed by Abuja (6,770), Plateau (3,858), Oyo (3,721), Kaduna (3,064), Rivers (2,985), Edo (2,696), Ogun (2,223), Delta (1,824), Kano (1,795), Ondo (1,728), Enugu (1,332),  Kwara (1,102), Ebonyi (1,055), Katsina (1,030), Osun (946), Gombe (938). Abia (926), Bauchi (770), and Borno (745).

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Imo State has recorded 662 cases, Benue (496), Nasarawa (493), Bayelsa (445),  Ekiti (365), Akwa Ibom (339), Jigawa (331), Niger (298), Anambra (285), Adamawa (261), Sokoto (165), Taraba (159), Yobe (100), Kebbi (93), Cross River (90), Zamfara (79), while Kogi state has recorded 5 cases only.

READ ALSO: COVID-19: Western diplomats warn of disease explosion, poor handling by government

Lock Down and Curfew

In a move to combat the spread of the pandemic disease, President Muhammadu Buhari directed the cessation of all movements in Lagos and the FCT for an initial period of 14 days, which took effect from 11 pm on Monday, 30th March 2020.

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The movement restriction, which was extended by another two weeks period, has been partially put on hold with some businesses commencing operations from May 4. On April 27th, 2020, Nigeria’s President, Muhammadu Buhari declared an overnight curfew from 8 pm to 6 am across the country, as part of new measures to contain the spread of the COVID-19. This comes along with the phased and gradual easing of lockdown measures in FCT, Lagos, and Ogun States, which took effect from Saturday, 2nd May 2020, at 9 am.

On Monday, 29th June 2020 the federal government extended the second phase of the eased lockdown by 4 weeks and approved interstate movement outside curfew hours with effect from July 1, 2020. Also, on Monday 27th July 2020, the federal government extended the second phase of eased lockdown by an additional one week.

On Thursday, 6th August 2020 the federal government through the secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force (PTF) on COVID-19 announced the extension of the second phase of eased lockdown by another four (4) weeks.

READ ALSO: Bill Gates says Trump’s WHO funding suspension is dangerous

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Covid-19: UK to approve Pfizer, BioTNech vaccine, to start immunization December 7

The UK government is set to approve the COVID-19 vaccine developed by BioNTech SE and Pfizer Inc next week.

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Covid-19: AstraZeneca vaccine gets huge boost, produces immune response in elderly, Vaccine, COVID-19: Russia to roll out vaccine in September ahead of the West 

The global reception of the Covid-19 vaccine developed by Pfizer Inc in collaboration with BioNTech following the positive outcome of its phase 3 trial, seems to have intensified as it is set for approval by the UK medical regulator.

According to Reuters, a report from Financial Times on Saturday suggests that deliveries would commence within hours of the authorization with the first immunizations using the BioNTech and Pfizer vaccine possibly taking place from December 7.

The UK Prime Minister, Boris Johnson, had earlier in the day, named Nadhim Zahawi, who is the current junior business minister, as the minister responsible for the deployment of COVID-19 vaccines.

The UK government has placed an order for 40 million doses of the Pfizer and BioNTech vaccine, which has been found to be 95% effective in the final analysis of the phase 3 trials in preventing the spread of a virus that has killed over 1.4 million people across the world with its devastating impact on the global economy.

The UK government had on November 20, formally asked its medical regulator, the Medicines and Healthcare Products Regulatory Agency (MHRA), to conduct a study of the Pfizer-BioNTech COVID-19 vaccine with a view to determining its suitability, the first step in making it available outside the United State

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The government which had secured 100 million doses of the Covid-19 vaccine developed by AstraZeneca and University of Oxford had also asked the regulator on Friday to assess the vaccine for a possible rollout before Christmas.

What you should know: The US drugmaker, Pfizer Inc, on November 18, 2020, announced that a final analysis of clinical-trial data of its experimental Covid-19 vaccine, which it is developing in collaboration with BioTNech, showed it was 95% effective, thereby paving the way for the company to apply for the first U.S. regulatory authorization for a coronavirus shot.

Pfizer said they had no serious safety concerns in a trial that involves almost 44,000 participants as their vaccine protected people of all ages and ethnicities.

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