Get latest news update about Nigeria Youth Investment Fund List of Successful Applicant

Ministry of Youth and Sports Development through Nigeria Youth Investment Fund (NYIF) has Shortlisted 10,000 Applicants for Loan Disbursement and Training – Check List beneath.

NYIF, 10,000 youth shortlisted, await training and disbursement. 
 

After the initial pilot phase of the NYIF which saw 5,285 beneficiaries, another 10, 000 youth have been shortlisted for training  after which they will be approved for funds disbursement under the NYIF.

Loan Disbursement and Training for NYIF Shortlisted Candidates

The Ministry of Youth and Sports Development stated that out of the ongoing  screening of over 3 million applicants for the NYIF loan, 10,000 have been shortlisted for training by the Ministry after which  they will be approved for specific amounts.

2.  With the successful competition of this pilot phase NIRSAL has cleared names of another 10,000 for training and subsequent loan approval and disbursement. Loans are in the range of 250k to 3million naira for now.

These names are available on the FMYSD website and NOYA website. Checks done include Age, BVN whether or not the individual has an existing government loan or received covid 19 business payments .

3. All approved applicants will  undergo training to ensure efficient use of the loan therefore increasing the yield and growth the loan can deliver to the intended business owner.

4. NYIF is initiative by the Federal government to invest in the innovation skills and enterprise of young Nigerians. The loan has a single digit APR at 5% and a moratorium of 12 months before repayment. Nigeria Youth Investment Fund was approved by Federal Executive Council in July 2020.

See also  Career Opportunities at Taraba State University

NYIF 10,000 Shortlisted Candidates for Disbursement and Training

How to check NYIF List of Shortlisted Applicants

These names are available on the FMYSD website and NOYA website.

kindly Open here. to view the names. Checks done include Age, BVN whether or not the individual has an existing government loan or received covid-19 business payments. Download in PDF File Here

To know more about Federal Government NYIF Initiative – Check Here

Feel free to ask us questions about this article our team will respond to you, we promise to update you if there are any changes. All you need to do is to follow us via social media platform.

For more information, visit NOYA.

Note: Pinnacle Report Is A Nigeria Online Media Platform, That Gives Information Concerning Politics, Jobs, Scholarships, Sports, Relationships, Crime, Health, Entertainment And Lots More.

For more information, kindly drop any question in the comment box below.

Please kindly share through the WHATSAPP, TWITTER, FACEBOOK and LINKEDIN buttons below, you might help someone get a job. Thanks

To get our Jobs Update directly to your Phone, kindly follow us on WhatsApp-https://chat.whatsapp.com/FCmaY9RgOFw0eynyjYvqhz

Or Kindly Join our telegraph Group via this link
https://chat.whatsapp.com/FCmaY9RgOFw0eynyjYvqhz

See also  Latest Recruitment at Plateau State Polytechnic, Barkin Ladi
NYIF Shortlisted 10,000 Applicants for Disbursement and Training (Download List PDF)

Kindly Share

LEAVE A REPLY

Please enter your comment!
Please enter your name here