Unlike many others, John Monday, a 20-year-old student of the University of Maiduguri, Borno State, escaped a scam scheme narrowly. He had come by a link to a National Student Investment Fund (NSIF), purported to be worth over N200,000, on a WhatsApp group and decided to register for it. xThe NSIF grant application has a lot of loopholes which could have been pointed out easily. For example, the Federal Government runs a Nigeria Youth Investment Fund (NYIF), not Federal Government Youths Investment programme as claimed by the scheme. TETFUND, on its social media pages, has dissociated itself from the claim on the NSIF website.

Source: The Guardian January 25, 2021 04:22 UTC