APPLY HERE: With the approval of N75Billion fund, youths between 18 and 35 years are to come up with brilliant ideas that will enable them to access between N250,000 and N50 million each.
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.
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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 labour, contributing to national development.
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The plan targets young people between the ages of 18-35 years and details the needed actions required to support business establishment, expansion and consequent employment creation for youth in critical economic and social sectors.
According to Minister of Youth and Sports Development, Mr Sunday Dare, the move became imperative “because building a youthful population that is empowered and successful, is one of the cardinal objectives of this administration.
Who is Eligible
How it works
START YOUR APPLICATION HERE
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