Nigeria Youth Investment Fund: Those Yet To Be Invited Should See This

See Survival Fund: Guaranteed Off take Scheme (GOS)/General Grant www.survivalfund.ng-Apply

See NYIF Is Giving N250K-N500K Free Grant (18-35 Years)-Apply Now

See How To Apply For Airmen/Airwomen Recruitment Exercise (Bmtc 2021)

Nigeria Youth Investment Fund: Those Yet To Be Invited Should See This: The Federal Government through the Ministry of Youth and Sport has paid over N165illion to 239 persons so far- A move well appraised by many

The Nigeria Youth Investment Fund (NYIF) is still training and retraining youth and giving loan to support businesses, the Minister added

“The Nigeria Youth Investment Fund (NYIF), being implemented by Ministry of Youth and Sport, has successfully completed its pilot disbursement of loans totaling N165,700,000 to 239 beneficiaries ahead of the processing of the over three million applications so far received.”

 “Is being implemented by Youth Ministry in partnership with the CBN and Ministry of Finance and is being disbursed through NIRSAL”

Advertisements

Currently, Thousands of persons are been invited, If you did not get the email they asked you to check for, do not panic, it is a glitch being fixed now. It will eventually arrive. Just await and follow their instructions.

If you have not gotten this message below, please, be patient, this is being done batch by batch.

How to Access new N75 billion

How to Qualify?

Advertisements
  • It is meant to cater to the investment needs of those 18-35.
  • An individual and group can apply for the loan.

Who funds it?

  • Ministry of Finance, Budget, and National Planning (MFBNP)
  • Central Bank of Nigeria (CBN) will provide the financing to kick-start the Nigeria Youth Investment Fund (NYIF).

Disbursement

It would be disbursed through various channels like

  • Micro Credit Organizations across the country under the Central Bank of Nigeria supported:
  •  Bank of Industry
  • Fintech Organizations and
  • Venture Capital Organizations registered with the CBN.

How to access loan

  • Must be a citizen of Nigeria
  • Present recognized means of identification and guarantors.
  • Potential beneficiaries are expected to have a fundable business idea.
  • Registered business

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.