nigeria youth investment fund (nyif)
National Youth Investment Fund (NYIF) Loan Payment is currently ongoing as FMYSD are now doing disbursement of fund to all and sundry that applied successfully. This article contains the statistics and details or list of people that have paid and how you will be paid if you have not.
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From NYIF records, we were updated that Federal Ministry of Youth and Sports Development (FMYSD) have driven Nigeria Youth Investment Fund (NYIF) for successfully completed its pilot disbursement of loans totaling N165, 700,000.00 to 239 beneficiaries. If you are yet to apply, be rest assured that the portal is still open for application, kindly click here to apply successfully and get paid
In line with the plans of the Federal Government to empower the youths, they have started paying candidates that applied successfully in the NYIF Loan exercise. NYIF Loan Disbursement is being implemented in partnership with the Central Bank of Nigeria, Ministry of Finance, Budget and National Planning and disbursed through the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank NMFB.
If you are yet to apply for NYIF Loan, kindly click: https://nyif.nmfb.com.ng/applicants/new
You can confirm the status of your NYIF Loan application through the link portal by Clicking NYIF Approval Checker
For those who are yet to participate in the NYIF Loan Training, kindly click Here
Shortlisting of successful applicants depends on applicants who has not receive Loan from Federal Government through CBN call it COVID19 Support Loan or AGSMEIS loan. Click Here to check your name on the list of shortlisted candidates for NYIF Loan 2021 A login details will be provided for Shortlisted Candidates Check email address used during Application Form Processing.
Application data showed that a total of 3,120,107 have registered for the NYIF Pre-Assessment/Training to benefit from the N75 billion three-year financing for youth owned businesses and ideas. Of the about 1000 processed as part of the pilot disbursement, a total of 94 were disqualified from the NYIF loan after training, as a result of existing COVID 19 Loan or AGSMEIS loan that they have benefitted from. A total of 500 applicants have been invited by NMEB to apply for the NYIF loan after training and successful due process check while loan application by the applicants is at various times and the application is open until the applicants are able to provide all the requirements and complete the process. Out of the 500 invited for the loan application, only a total of 393 have completed the loan application process and applied for the loan out of which a total of 293 applied early and their loan was processed and sent to CBN for approval at a total sum of N191, 700.000.00. On approval by CBN, a total of 239 have been successfully disbursed at a total sum of N165,700,000.00.
FMYSD have provided portal where all National Youth Investment fund (NYIF) complaints should be forwarded with the following details:
The details requested above should be forwarded to NYIF via nyif@youthandsport.gov.ng or the appropriate phone number for each geo political zones.
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Clarify some of this issues,in covid-19 loan(your Bvn does not exist) NYIF ( You have not been trained even after the online training with mindthe gapng) and your certificate have not been processed.
The payment is currently ongoing
They have given a room to upload business plan but if click its show,you have not been train so I don't understand
It will be updated soon
When shall I get paid after approving my loan?
Immediately after confirmation
I don't received my message up to now what will I do
SMS is in batches... they will send to you
My dashboard is showing 00.00# loan approval after a successful registration. And the letter section keep showing me check back later. What really is the problem
Exercise patience, it will soon be verified and the amount would be displayed
I'm pre-qualified for youth investment fund (NYif) that means my last year covid-19 loan will not be approved any more?
Who told you that one
Since yesterday i was unable to login to my dashboard, I really want to see the amount of loan approved for me. How can i login
They have not sent any message to my Gmail but I have received pre qualified message
U will soon
I was unable to login to see my dashboard, because I don't really know the amount approved for me.
Sir I mistakenly fill my records on NYif without my local government of origin and now I'm pre-qualified
Don't bother much on that
How long does the disbursement take after approval??
It depends on the person incharge
My loan is still showing me that your loan has not been approved over a month 2month now what exactly is the problem
When it's your turn to be paid, they will