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How To Apply For Nigeria Youth Investment Fund 2020/2021|NYIF Application Form

How To Apply For Nigeria Youth Investment Fund 2020/2021
How To Apply For Nigeria Youth Investment Fund 2020/2021

What Is Nigeria Youth Investment Fund

Nigerian Youth Investment Fund is a government inventiveness created to improve the economy of Nigeria through leverage and access to finance for youths.

The fund hopes to serve as a catalyst to unleash the potential of the youth and enable many of them build businesses that will increase the employment rate.

How To Apply For Nigeria Youth Investment Fund 2020/2021
How To Apply For Nigeria Youth Investment Fund 2020/2021

The NYIF aims to reach 500,000 youth annually between 2020 and 2023. Each fund approval will range from N250, 000 to N50, 000,000, with a spread across group applications, individual applications, working capital loans set at 1 year and term loans set at 3 years with single digit interest rate of 5%.

Disbursement will be through various channels, which will include micro finance, finance firms and deposit money banks regulated by the Central Bank of Nigeria and supported by Bank of Industry.

Start or grow your own business with the help of a government-backed loan and free business support. A great alternative for individuals looking for business loans to fund their business.

How To Apply For Nigeria Youth Investment Fund

The government has officially unveiled the registration portal for the N75 Billion Nigeria Youth Investment Fund (NYIF), thereby paving the way for interested young Nigerians between the age of 18-35 years old to apply.

Successful applicants will undergo 5 days of compulsory online training which is free.

Fund approval will range from N250,000 to N5,000,000 with a spread across group applications, individual applications, working capital loans set at 1 year, and term loans set at 3 years.

  • Visit NYIF
  • Type First Name , Middle Name , Last Name and BVN

nyif form 1

  • Select Preferred Training center 

nyif form 2

  • Select how you heard about NYIF

nyif application form 3

  • Select NYIF Trems and submit form

nyif portal form 4

REQUIREMENTS

• Phone
• Gender
• Residential Address
• Geo-Political Zone
• State of Origin
• LGA
• Educational Level
• Select Preferred Training Center
• How did you hear about NYIF?

Eugene Nyavor

Written by Eugene Nyavor

Eugene Nyavor is the Founding Editor at Gh Links. A well bred journalist with a flair for entertainment, society and arts, He loves covering events and reporting personalities for the public consumption.

Reach me via Email: [email protected]

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