Nigeria Youth Investment Fund set to disburse another Loan
Nigeria Youth Investment Fund
(NYIF) has disbursed loans to at least 4,680 beneficiaries amounting to
N1.31billion out of the first tranche of N12.5 billion.
Latest report from NYIF
partner, NIRSAL Micro Finance Bank (NMFB) showed that the beneficiaries who
received the loans as at the end of April 2021 are spread across the country
and critical sectors of the economy.
The beneficiaries have
commended the Ministry for surmounting the initial challenges to make the
disbursements possible.
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Furthermore, the Ministry
wishes to assure applicants that more disbursements will be achieved in the coming
weeks to ensure that the objectives of the programme are achieved.
As soon as your Loan process
is complete, beneficiaries will be informed. NYIF beneficiaries are advised
check your dash board on the NYIF portal periodically.
Training is presently not in
progress. Information on the training date will be provided as soon as training
commences.
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Approval for the NYIF loan is
in batches. Please be patient.
For questions and enquiries, drop your comments below.
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