About the nigeria youth investment fund. In a move that underscores his absolute confidence in the innovative skills talents and industry of the nigerian youth president muhammadu buhari on wednesday led the federal executive council to approve the establishment of the nigeria youth investment fund nyif to the tune of 75 billion naira.
The Nigerian Youth Investment Fund Naijastartup Naijasmallbusiness Naijabrands Naijablogger Naijagist N In 2020 Investing Empowerment Program Nigerian Government
This scheme is meant to run from 2020 to 2023.
Nigeria youth investment fund. Aim and benefits of nigeria youth investment fund nyif fund aims to reach 500 000 youth annually between 2020 and 2023. Nigeria youth investment fund. Fill in the form.
Last name surname bvn. Nigeria youth investment fund. Through the federal ministry of youths and sports development fmysd0 the nigerian youth investment fund nyif was setup as a machinery to fund the talented the skilled and the idea filled nigerian youths who are dedicated to turning the industrial and human capacity building of the nation into new books.
The n yif is dedicated to investing in the innovative ideas skills talents and enterprises of nigeria youths. Nigeria youth investment application form 2020. The nigerian government has come with an investment plan to help the youths through the nyif worth of 75 billion naira n75bn.
An initiative of the federal ministry of youth and sports development funded by the central bank of nigeria. Nigerian youth investment fund nyif is a government initiative created to boost the nigerian economy through leverage and access to finance for youths. 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.
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. This article will state categorically the requirements and eligibility for the application of the nyif programme how to apply and everything you need to know about the. The nigerian youth investment fund n yif was approved by the federal executive council fec on july 22 2020.
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