NYIF Loan Disbursement Has Commenced
Did you apply for Nigeria Youth Investment Fund (NYIF) program? If ‘yes’, there is a good news for you. NYIF Loan Disbursement has begun!!!
The Federal Government has announced the commencement of NYIF loan disbursement across Nigeria.
Nyscinfo.com learnt that so far the federal government has successfully implemented the disbursement of over N165million worth of loans to 239 beneficiaries.
This was revealed in a statement issued by the federal government on Wednesday. In the statement, the Nigeria government also disclosed that the exercise has received N3million applications so far.
The statement reads;
“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.”
It added that the fund “is being implemented by Youth Ministry in partnership with the CBN and Ministry of Finance and is being disbursed through NIRSAL”
What you should know about NYIF
In July 2020, the Federal Government approved the establishment of N75 billion Nigeria Youth Investment Fund (NYIF), which the Primary purpose is to empower the Nigerian Youths with fund to start up a business.
The government said NYIF loan could reduce the increasing unemployment rate, which has been worsened by the outbreak of Covid19 in the country. Check out list of FG free interest loan you can apply for.
Requirements to access NYIF loan disbursement
- Potential beneficiaries must have a fundable business idea.
- Business must be registered with Cooperate Affairs Commission (CAC)
- Must be a citizen of Nigeria by birth
- Have recognised means of identification.
How to Apply for NYIF Loan
To apply for Nigeria Youth Investment Fund, kindly Click Here to start.
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I’ve received sms massage anytime I log the link it’s showing “the service is not available”
What can I do ?
Pls it still showing verification failed after sending to my email, pls help me on what to do again pls cause am really tired, this is my email firstname.lastname@example.org thanks nyif
Iliyasu Hassan adam
This is my email address email@example.com verification is falied help me thanks you NYI
Pls have suffering alot for this site pls they should work on it now the link have been sent but it showing fair if I want to log in pls just help us work this site pls nyif
Pls up till now no link has being send to me, pls they should walk on this site pls
Ishola Hammed Adewale
I received a message from National youth investment Fund that am one of those people that is qualify to apply for the loan so please what is the next step am going to take
I have compliet my registration but I don’t know date to training NYIF
I received massage through text , clink the send to me, know email massage yet .
Collins faith tovia
Please I need a loan to start up my business
Pls have received a message that have been shortlisted I should register it. Have done it but yet to receive emails pls should help me send it. Nyif loan
I was told to enter a link dt am one of dose dt was successful but is not going pls..09035982399
I have received message , what’s next step
Can I see my message
Babarinde Esther oluwaseun
I receive a text that I am pre qualify but I didn’t get verification mail. Kindly assist
Pls help have not received link from my email to confirm pls help nyif site
Just a recent I received the message National Youth Investment Funds from Nisal website with link to access the website..
But unfortunately I failed to access, can someone guide me through it please
Asogun Osezua Daniel
I just created an account.but have not been able to verify via email.no email has been sent to me
Am do covid19 loan, i see message that give me the loan but i see the tageted credit Laon but am not see the money for my account,am thinking that federal government scammer all the youth in day Nigeria
Nwafor Timothy Friday
My name is Nwafor Timothy Friday. I applied for NYIF,I did the online training, I was issued certificate of participation. My loan was approved and accepted on 17th December, 2020. Up till now, NO DISBURSEMENT YET!!
Muawiya Ibrahim Hussain
I wish to be among the successful ones since I have registered.
ADEWUMI MOJEED ADEBAYO
I have not applied for the loan and I have been trying to get the link but to no avail…please, help me out. I have cac cert., smedan and the likes… Thanks…07035450483
Must we have reg with CAC?