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Monday, 9 May 2022

Nigeria Youth Investment Fund set to disburse another Loan

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.

Nigeria Youth Investment Fund Loan Disbursement
Nigeria Youth Investment Fund Loan

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