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!!!

NYIF Loan DisbursementThe 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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How to apply for CBN CIFI loan through GTBank

23 thoughts on “NYIF Loan Disbursement Has Commenced”

  1. I’ve received sms massage anytime I log the link it’s showing “the service is not available”
    What can I do ?

  2. 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

  3. 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

  4. Enoobong Albert

    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

  5. 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

  6. 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

  7. 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!!


    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

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