Do you want to know how you can Apply/Fill 2022/2023 NYIF Loan Application Form Online? Are you among those that applied for Nigeria Youth Investment Fund (NYIF) 2022 registration? If yes then read further for an update as regards how you can access the 2022 NYIF Loan. This article presents to you the NYIF Loan Application guide and how you can register online.
The Nigeria Youth Investment Fund Loan is an Emergency Program to support micro, small, and medium-sized enterprises (MSMEs) and start-ups in Nigeria.
About Nigerian Youth Investment Fund
The Nigerian Youth Investment Fund (NYIF) was set up as an initiative of the Federal Ministry of Youth and Sports Development (FMYSD) and funded by the Central Bank of Nigeria (CBN) to invest in youth ideas to build sustainable businesses that can activate enterprise and increase job opportunities in Nigeria.
The plan targets young people between the ages of 18-and 35 years and details the needed actions required to support business establishment, expansion, and consequent employment creation for youth in critical economic and social sectors.
The fund is dedicated to investing in the innovative ideas, skills & talents of Nigerian youths aimed at turning them into entrepreneurs, wealth creators, and employers of labor, contributing to national development.
The NYIF aims to financially empower Nigeria’s youth to generate at least 500,000 jobs between 2022 and 2023.