ITF Payment 2021/2022: How and When to Start receiving your Industrial Training (IT) Payment for all Schools – Industrial Training Fund (ITF) Payment is paid few months or a year after SIWES (Students Industrial Work Experience Scheme) or Industrial Training (IT) Programme. This is money set aside by Federal Government to be paid to all Nigerian Students either in University, Polytechnic or College of Education and other tertiary institutions under ITF after their Industrial Training programme.
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ITF pays students that underwent 6 months or 1 year industrial training SIWES programme at the end of the IT programme as well done package. 2020/2021 session payment is currently ongoing and testimonies revealed that many have received.
ITF pays every student that partook in 6 months or 1 year industrial training or SIWES programme the sum of N15,000 (Fifteen Thousand Naira).
IT students are being paid by ITF 6 months or a year after the industrial training programme. Most at times, some sections receive their payment during the time of their final year exam or after their final exam. The fact is that they normally pay
No, ITF pay students whose account details are submitted by their school to the ITF office. The truth is that there is always an omission which results to some students not being paid at the end. Also, most students are not being paid, this is actually from the person in charge their own payment as the payment is always being shared based on banks.
Furthermore, students that did not fill their account details and sort code as well as correct account details are not always paid as no one has time to contact or call you.
Congratulations if you have received yours
Yes, every student that underwent IT in any organization will pay back the sum of N20,000 to their school or more or less depending on their institution. This payment is done maybe during clearance or during the period of obtaining SIWES form.
If you had paid your own during the time of obtaining the SIWES Letter, make sure you keep your receipt very well as it will be required during clearance.
You are not expected to do anything extra if really you filled your account details correctly during the course of obtaining SIWES form or letter from your school. If all these are done and you really did your IT, filled your form and submit it back to any ITF office closer to you, definitely you will be paid.
Yes, no bank is exceptional as far as is Nigeria bank. All Nigeria commercial banks receive the alert of ITF payment. Once you are being credited, you will receive the alert in your phone, if really you do receive alert in your phone.
All commercial banks which include; Wema Bank, Fidelity, UBA, GTB, First Bank, Eco Bank, Access Bank, FCMB, Zenith, Heritage etc.
Like we said earlier that the payment is mostly shared to different officers in ITF to help disburse the money to students in question. If there is delay, it could be that the person in charge is yet to credit your bank for them to pay you all or the amount set aside has been exceeded before it gets to the turn of your bank.
On this note, there is nothing to worry about or something for you to do. All you have to do is to exercise patience as soon you will be paid.
The normal procedure include;
If all these are done accordingly, then there is full assurance that you will be paid by ITF.
You will know that payment is ongoing by ITF to all Nigeria students once your course mates start testifying that they have been paid.
This implies that within a short while you will receive yours if you have not seen the alert.
The money or ITF payment or credit alert comes like a miracle. It comes when one do not expect it.
Even if the money would be paid back even more than what they are paying us, it serves a particular purpose as of the time it was sent
ITF payment puts smile on the faces of all that receives as the joy of alert is always different.
It is painful when others have received and you are yet to see your own, the prayer point changes at that time as the mood changes as well. Face brightens when the alert is also seen on your phone
Yes, but very rare. Paying you twice is always an error or mistake from the creditor or cashier in charge. It could also be that you filled your name and details twice in the form of book that contains your department account details. Then the person in charge could not recall that you have been paid and then credit your account again.
People calls this miracle and it is miracle indeed as others receives once while you receives double.
This is actually the decision you have to make within yourself as that extra you were paid could be for someone else but because the error has been made, you receive twice while some persons were not paid. Decide if to return the extra or not but if you are convinced as a good citizen, return the extra to ITF – who knows what favour will follow you on that day.
I know there are lots of questions in your mind, do well to comment below as the officials would see it and as well respond to you.
Visit www.itf.gov.ngwww.itf.gov.ng
You can still call or send them mail via the portal
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I DON'T UNDERSTAND THE REPAYMENT OF THE MONEY BEING PAID BY THE ITF. WHAT THEN IS THE PAYBACK PROCEDURE
What do you mean by Repayment of the money