Are you a Young and vibrant Nigeria youth within the age of 18-35 years, you have Innovative ideas, skills, talents and enterprise/business, but facing a financial challenge to go further? Then the Nigeria Youth Investment Fund (NYIF) Application Form is for you.
The Ministry of Youth and Sports Development has been directed to immediately commence the process of operationalization and possible legislation of the NYIF in collaboration with relevant MDAs.
The NYIF Application portal and process has been shown on this page – from start to finish.
Simply read through and follow the step-by-step we have laid on this page to complete your Nigeria Youth Investment Fund (NYIF) Application right now.
Please note that you can use any device connected to the internet to register (whether phone or computer).
Also, feel free to share your thought in the comment box below. We will guide you.
You don’t have to pay anyone money to do this. Its simply!
Page Table of Contents
What Nigeria Youth Investment Fund (NYIF) is About
Nigeria Youth Investment Fund, NYIF is an empowerment program established by the FG to help the Nigeria talented youths in their various endeavours.
The ongoing program is the initiative of the Federal Government is to serve as a sort of Youth Bank that will fund and support the innovative ideas, skills, talents and enterprise of the Nigerian Youth; a loan and credit pathway dedicated to assessing credit and soft loans.
Successful applicants will undergo 5 days of compulsory online training which is free.
Fund approval will range from N250,000 to N5,000,000 with a spread across group applications, individual applications, working capital loans set at 1 year, and term loans set at 3 years.
The Nigeria Youth Investment Fund (NYIF) official Portal
Don’t get carried away, therefore understand that the official website for this program is nyif.nmfb.com.ng.
Discard any look-alike portals. Moreover, OnlineDailys team will never ask you to provide any details of you, as we are informative blog only passing message across via our platform.
Summary about the Nigeria Youth Investment Fund (NYIF) Application Form is below;
|Name:||National Youth Investment Fund (NYIF)|
|Mission:||To Invest in the Nigeria Youths Businesses and Innovative Ideas|
|Date of Establishment:||October 2020|
|Training Fee:||No training Fee|
|Training Venue;||Online Training Only|
|Duration for Training:||5 Days|
Ways of communicating back to NYIF Applicants
By now, we all know that the fraudsters in no time start sending fake messages via SMS to individuals. Please note that the online exercise is 100%, there won’t be a form of training fees, and the training will be carried out Online only.
So stick to your phone, always check your email and also always check out the main NYIF portal any update.
It is also possible that that the NYIF may send a varial SMS to the selected once, but certainly won’t be asking you for any fee. So be SMART!
Again, the possible means of communicating to all applicants will likely be via an email address, phone number (SMS), and through the official website (nyif.nmfb.com.ng).
Requirements for Applying Nigeria Youth Investment Fund
The requirements to apply is simple that everyone can provide. However, those are the information you will be asked to fill during the online registration. Below are the NYIF application requirements;
- BVN – see how to check your Bank Verification Number fast here.
- Email address.
- Phone Number
- Residential Address
- Geo-Political Zone
- State of Origin
- Educational Level
- Select Preferred Training Center
- How did you hear about NYIF?
Ensure that your email address is active and accessible, if not sure, then follow this step to create a free Google Gmail account now.
Who is Eligible to Apply?
- Nigerian Youth within the age of 18 and 35 years
- Youths with Innovative ideas, skills, talents and enterprise
How to Apply for NYIF on nyif.nmfb.com.ng Portal
- Visit the main NYIF official portal – nyif.nmfb.com.ng
- Click the “Apply Here” button
- Fill out the required details.
On this step, your Full name and BVN is needed. Ensure that your Bank verification number is correct, then click “Next”.
- On this stage, you will see your date of Birth is already inputted due to the BVN you entered.
Now you need to fill out your email address, Phone number, then select your gender, enter your residential address, state and the local government of your residential address. Ensure that every information you entered is correct, then click “Next”.
- provide details of your Geo-Political Zone. First, select your Geo-Political Zone, then your state of origin and local government, then select your educational level. Also, go through the information again, then click the “Next” button.
- On the part-4 of the NYIF Application Form, you are expected to select where you preferred your training centre to be. Seven locations are listed, namely;
- Federal Ministry of Youth Sports and Development
- National Youth Development Centre (North Central)
- National Youth Development Centre (North West)
- National Youth Development Centre (North East)
- National Youth Development Centre (South East)
- National Youth Development Centre (South-South)
- National Youth Development Centre (South West)
We advice you select location best convenient to you.
Then the other part of the form is for you to select how you had about the Nigeria Youth Invest Fund Program. Select any of the option listed – no big deal! The NYIF only want to use this part of the information to know which of the channels is best for them to publish announcements in the future.
However, there is an option to select from ranging from;
CBN, NMFB Stuff, NMFB website, Facebook, Twitter, LinkedIn, Instagram, Flyer, SMS Radio Jingle, Google Ads, and Federal Ministry Youth Sports and Development. Select any of the options and you are good to go.
Then click on “Submit” to complete your Nigeria Youth Investment Fund (NYIF) Application Form.
You will see a congratulatory page, informing you that your registration was successfully submitted.
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