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NYIF Loan 2021 Disbursement Commences For Beneficiaries Of N165 Million

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NYIF Loan 2021 Disbursement Commences For Beneficiaries Of N165 Million

NYIF loan 2021 disbursement has commenced for beneficiaries of N165 million.

NewsOne Nigeria reports that NYIF Beneficiaries have started receiving  N165 million  loan.

Did you apply for NYIF Loan 2021 ? have you Checked Your Status to know if you are amongst those who recently received or got paid?

Did you apply for ongoing Nigerian Youth Investment Fund (NYIF) Loan?

This programme is under the Ministry of Youth and Sports Development and they coordinating the whole scheme to see that the youth get access to financial instruments that will help drive their business ideas in to reality.

The ministry has since coordinated the disbursement of over N165,700,000.00 to 239 beneficiaries, hope you have heard about this?

such as Ministry of Finance, Federal Ministry of Budget and National Planning, Central Bank of Nigeria and we have the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank NMFB serving as the channel through which the loan gets to the beneficiaries.

Filling the online application form doesn’t translate getting the NYIF but meeting all checklists and requirements

Before NYIF officials in-charge gets your loan request approved you should be willing to get trained, so the best way to get that done is to locate the training centres closer to you.

How to access NYIF loan

  • having a fundable business idea is the key here.
  • Your business should be Registered
  • This Loan is for citizen of Nigeria which means the business should be own by a Nigerian.
  • You should have an identification such as international passport or voters card/NIN and guarantors.
  • You don’t need to know anyone before getting the loan.

NYIF Application Form Portal Login Requirements

Interested applicants are to note the following information before applying.

Applying as an Individuals or sole proprietors you must:

For any issue or complaint call your zone with the numbers below and do not make any payment to any one.

07047024251: South South ZONE

07047598382: North East ZONE

08181127180: North West ZONE

08152947812: South West ZONE

07087792103: North Central ZONE

07053820081: South East ZONE

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