NSEIP Loan and Grant: NSEIP requests for N850 Verification Fee | NSEIP Scam | NSEIP Verification| NSEIP Apply

A website http://nseip.com claiming to offer small loans and grants to small-scale traders, students, youths or artisans, groups that usually cannot access loans or credit through banks and traditional financial institutions under its NSEIP Loan and Grant Programme has request for N850 validation fee from applicants.

"Dear applicant, you have been approved NSEIP 2022 SME grant. kindly proceed to pay N850 verification fee VIA POS or Transfer to 822 787 995 1 (Rapid flash) sterling bank. visit nseip.com/verification to submit receipt and details. This process should be completed before 5PM today. Training com 29/06/2022."

According to information contained in the Website, "the National Social Empowerment scheme in Nigeria is a grand attempt to provide microfinance and complementary economic services through social Empowerment systems. The objective of this programme is to provide small loans and grants to small-scale traders, students, youths or artisans, groups that usually cannot access loans or credit through banks and traditional financial institutions."

"It was created to provide zero-collateral soft loans and grants to individuals, traders, artisans and farmers, aiming to improve their standards of living by expanding their businesses."

"The NSEIP is targeted at benefitting a minimum of 500,000 Micro, small and medium enterprises (MSMEs) on its first run."

While http://nseip.com requested for sensitive data from applicants such as National Identification Number (NIN), Bank Verification Number (BVN), Email Address, Phone Number, it is not backed by any Federal Government Ministry or Agency nor supported by any Foreign Organization, Governmental or Non-Governmental.

Applicants of the NSEIP Loan and Grant Programme were warned in many platforms not to put in their information into the website as NSEIP Loan and Grant Scheme was never advertised by the Federal Government nor does the Website provide any information about its sponsors.

The Namecheap Registered Domain http://nseip.com which was registered on 9th June 2022 has no valid identity, no valid contact Phone Number, according to the site's Whois Information https://www.whois.com/whois/nseip.com.

NSEIP Loan and Grant is a Scam and victims who have registered for the Programme have only released their essential information to fraudsters.

National Identfication Number (NIN) is a very sensitive data that when stolen, can be used to link fraudulent SIM Cards which will be traceable to the real owner of the NIN in the Course of Crime Investigation.

There is only one National Social Investment Programme (NSIP) which is sponsored by the Federal Government and institutionalised in the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.

It's current official website is https://nasims.gov.ng.

In the past and even presently, there have been increasing attempts by fraudsters to recreate Federal Government programmes in other to "Phish" victims essential data, and used them for organised financial scams on the victims.

Such identified Fake and Scam Programmes include Nigeria Youth Empowerment 2021, FAKE Nigeria Jubilee Fellows Empowerment Programme Application Link, National Alliance for Poverty Eradication ( NAPE Loan), Fake NYIF Loan, among others.

NSEIP Loan and Grant: NSEIP requests for N850 Verification Fee | NSEIP Scam | NSEIP Verification| NSEIP Apply | NSEIP Com