A lot of Corps members have been asking us if they can apply for the Federal Government ₦75 billion Nigeria Youth Investment Fund (NYIF). If you are a Corps member, read this post to the end.
Can NYSC Members Apply for ₦75b NYIF?
Yes, they are free to apply. Click Here to Apply for NYIF.
According to the Minister of Youths and Sports Development, Sunday Dare, the members of the National Youth Service Corps (NYSC) can apply for the NYIF which was introduced by President Buhari to fight youth unemployment in the country.
The Minister disclosed this while addressing Corps members at the NYSC Permanent Orientation Camp in Mangu, Plateau State.
Dare stated that the programme serves as means of bridging the technical and digital skills gap in the country.
He further clarified that all that is required of them to benefit from the initiative is a Know Your Customer (KYC) viable business plan which would be rated. He added that beneficiaries could recieve between N250,000 and N3million to start up a business.
The Minister urged Corps members to submit their application for NYIF. He said that information submitted by Corps members should be channelled to their state coordinators, which in turn would be sent to the NYSC headquarters in Abuja for submission to the Ministry of Youths and Sports Development.
The Minister promised that NYSC members with good business plans would be given priority.
He explained that due to the digital skills gap in the country, his Ministry had set up a Digital Skills Acquisition, Employability, Entrepreneurship Leadership initiative (DEEL initiative). Saying that the 21st-century economy, educational qualifications were never enough, which necessitate need for extra skills, technical or digital.
The Minister added that the NYSC represents the single largest group of youths in Nigeria yearly, and as such Corps members should serve as foot soldiers for positive change, development and as youth ambassadors to help to disseminate the works of the government.
Meanwhile, the NYSC Plateau Coordinator, Caroline Embu, who received the Minister and his entourage, thanked him for the visit, describing his visit as a morale booster for Corps members.
She stated that since the arrival of the Batch ‘B’ Stream (1B) Corps members to orientation camp, that they had adapted well and that none of them have developed any adverse health challenges.