Nigerian Youth Investment Fund (NYIF): www.nyif.nmfb.com.ng- Register
Nigerian Youth Investment Fund (NYIF): www.nyif.nmfb.com.ng- Register

NYIF Disburses N5Billion To 7,000 Beneficiaries: Download Names Of Successful Beneficiaries

Are you a beneficiary of the NYIF? Have you been trained? Have you accessed your NYIF portal status? Is your account fit to receive the said fund? If your answers were a resounding Yes, congratulations, download and check your name in the comprehensive list containing names of beneficiaries, eligible for the N5Billion naira

See How To Apply For FG RRR Grant 2021/22 (N5000/6 Months) All 36 States

You can also visit their website to download the list directly

The Ministry of Sports and Youth Development, Mr. Sunday Dare said, the only those whose names appeared in the shortlisted list would benefit from the  N5Billion loan disbursement

DownLoad in PDF, List of Successful Beneficiaries for the N5Billion loan

The Nigeria Youths Investment Funds (NYIF) is massively disbursing N5Bilion Fund to   7,000 applicants trained, N5Billion is currently being disbursed to successfully trained beneficiaries

The Ministry of Sport and Youth Development, headed by Mr. Sunday Dare, said those who have been trained and are dully certified, will in no distant time get their requested loan

 If you have been trained, make it a duty to check your NYIF dashboard and your mail for further instruction on how to process your loan

DownLoad in PDF, List of Successful Beneficiaries for the N5Billion loan

All duly trained applicants are to check  and upgrade their bank account to a limit that can accept the requested amount, if you are using an NYSC account, quickly take note

These 10,000 lucky applicants will in no distant time get trained and their loan request be granted, as the program will take a new set of applicants come 2022

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NYIF FG  Approves 7,000 Disqualifies 1,003

Recall that 10,000 applicants were shortlisted in the Nigeria Youths Investment Funds (NYIF) program, news emanating from the Ministry of Sport and Youth Development says only but 7,000 persons are qualified for the loan and over 1,000 were disqualified

Sports Minister, Sunday Dare confirmed this and gave clear cut reasons for this action, according to the minister:

10,000 Nigerians were shortlisted at the initial stage   10,000

Only 7,000 got FG approval 7,000

Over 1,000 were disqualified 1,000

while 721 were unqualified.721

282 applicants were not approved 282

The sports minister further refused in giving reasons for the above disqualification, 

The Minister also noted that 6,050 applicants qualified for the NYIF while funds were disbursed to a total of 5,285 applicants.

See How To Apply FG NDE 774.000 SPW Second Phase Recruitment 2022 (20k/3Months)

Dare also claimed that over 6,000 youths have been qualified for the NYIF loan but only 5,285 were funded with cash, citing that, those who did not receive money were as a result of:

Wrong Biometric Verification Number (BVN) and the inability to pay into

Some Youths rejected the loans due to the interest attached to it

others have no need and use it

See FG Grant for 2022/2023 Disbursed By CBN/World Bank- Application Form

How To know If you are On the 7,000 Approved List

There is no need to panic on this since training has started going on

Once you receive the training invite via mail, you are good to go

It is worthy to mention that, training and mail invite are in batches

Only approved applicants will be invited even if you find your name in the previously shortlisted list

CHECK THE COMPLETE LIST OF SHORTLISTED APPLICANTS HERE

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