Nigerian Youth Investment Fund (NYIF): How to Apply and Get Approval
The Nigerian Youth Investment Fund (NYIF) is an innovative Federal Ministry of Youth and Sports Development (FMYSD) initiative. It aims to support young Nigerian entrepreneurs by providing them with access to funds to start or expand their businesses.
The fund is supported by the Central Bank of Nigeria (CBN) and has an initial allocation of N75 billion approved by the Federal Government.
The NYIF targets young people between the ages of 18-35 and is dedicated to investing in Nigerian youths' innovative ideas, skills, and talents to turn them into entrepreneurs, wealth creators, and employers of labor, thus contributing to national development.
This article will explore the various aspects of the Nigerian Youth Investment Fund, including its objectives, eligibility requirements, the application process, and benefits to the Nigerian...