A significant amount of money earmarked for youth empowerment initiatives is currently trapped in the banking system due to issues related to Bank Verification Numbers (BVN) and National Identity Numbers (NIN). This development has sparked concerns among stakeholders, as the funds are urgently needed to support youth development programs.
The delay in disbursing the funds has been attributed to the inability of some beneficiaries to provide the required BVN and NIN, which are essential for verifying their identities and facilitating the transfer of funds. Efforts are being made to resolve the issue and ensure that the funds reach their intended recipients without further delay.
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