NYIF Payment: First Batch Applicants payment Starts this month

Did you apply for NYIF? Were you shortlisted and trained? If ‘yes’, there is a good news for you. The NYIF payment will commence this month for the First Batch Applicants.

How to Upload NYIF Business Plan

The Nigerian Youth Investment Fund (NYIF) which was brought into existence by the Federal Government (FG) of Nigeria to provide funds (loan), and promote businesses of individuals and firms had successfully shortlisted, trained and selected its first set (batch) of beneficiaries.

Requirement for NYIF fund disbursement

  • A proof to determine that you went through the training given by EDI.
  • Uploading of business plan: These are necessities that must be put in place, while the body (NYIF) compute names of applicants that will be receiving their soft loan this month.

The NYIF loan will be given annually starting from the year 2020 to 2023. And the approved amount to be given is within the ranges of two hundred and fifty thousand naira (N250,000) to thirty million naira (N30,000,000), with a five percent (5%) interest rate.

For those that didn’t underwent the training, and also fail to provide their business plans, they are hereby advised to be patient as they will be rescheduled to have the compulsory training soon.

This training will make them eligible for updating their business plan, and as well be a beneficiary of the loan scheme.

More info will be updated in due course about the next training, hence, we encourage those that applied and are yet to be trained to follow us for the subsequent updates. To register for NYIF, cIick here.

23 thoughts on “NYIF Payment: First Batch Applicants payment Starts this month”

  1. MUDASIRU ABDULATEEF

    I have registered since October nothing yet either email or phone message for training. I’ve never seen anyone said to be shortlisted for training.

  2. Ogbuewu Peter moses

    I participated on the training since last week but have not been issued e-certificate promised to be given on Monday and today is Wednesday

  3. Yahaya baba kwara

    i need help I want to know how to start my training, at of now I didn’t receive anything from scheme please help me, thanks

  4. I register since September and I didn’t receive any mail Pls how can I get access to the massage

  5. ABDULRASHID MUHAMMED

    Pls I have register my on seeing last month but I have not received any message or training

  6. blessing habila

    please I register since October but I have not received any message for training please what should I do.

  7. Please its last month I registered for NYIF. And I haven’t received any message about the online training.

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