Nigeria Youth Investment Fund

Nigeria Youth Investment Fund About the Scheme The Federal Ministry of Youth and Sports Development (FMYSD) and the Central Bank of Nigeri...

Nigeria Youth Investment Fund

About the Scheme

The Federal Ministry of Youth and Sports Development (FMYSD) and the Central Bank of Nigeria (CBN) came up with the idea for the Nigerian Youth Investment Fund (NYIF), which is funded by the Central Bank of Nigeria (CBN). The goal of the NYIF is to invest in young people's ideas for businesses that will last and create jobs in Nigeria. The fund's goal is to invest in the creative ideas, skills, and abilities of young Nigerians so that they can become entrepreneurs, make money, and hire people, which will help the country grow.

The plan is for young people between the ages of 18 and 35. It describes the steps that need to be taken to help young people start businesses, grow them, and create jobs in important economic and social areas.

You can borrow up to N3 million.

The goal of the NYIF is to give Nigeria's young people the money they need to create at least 500,000 jobs between 2020 and 2023.

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https://youthandsports.ng/nigeria-youth-investment-fund/