Federal Ministry of Youth and Sports Development (FMYSD) are set to disburse Nigeria Youth Investment Fund (NYIF) Loan to 25000 Beneficiaries via NPF Microfinance Bank across 36 States in Nigeria including FCT Abuja. See more details under.
We are delighted to inform you that Federal Ministry of Youth and Sports Development (FMYSD) Set to Disburse New NYIF Loan to 25000 Beneficiaries. The Federal Ministry of Youth and Sports Development is set to begin a fresh round of disbursements of the Nigeria Youth Investment Fund (NYIF) to deserving beneficiaries.
The breaking news came after a notification was sent to some of the NYIF Shortlisted applicants via NPF Microfinance Bank few weeks ago.
Recently, we inform the general public that the Federal Ministry of Youth and Sports Development FMYSD Partnered Nigeria Police Force NPF Microfinance Bank on National Youth Investment fund NYIF Loan Disbursement/Payment.
See notification here;
Dear NYIF Beneficiary,
The Federal Ministry of Youths & Sports is partnering with NPF FB Plc as one of the Disbursing parties for the National Youth investment Fund (NYIF) nationwide.
Your name/SME has been forwarded to us as one of the successful beneficiaries. You are therefore required to either:
Visit our website www.npfmicrofinancebank.com to open account.
- Through our USSD *5757#
- Download the mobile App through Play Store or Apple Store
- Visit any of our branches nearest to your location
FMYSD NYIF Loan Disbursement/Payment to 25000 Beneficiaries
the newly shortlisted beneficiaries from the over 25,000 successful candidates, who are expected to be part of the loan, have confirmed receipt of emails and text messages confirming the approval processes for the scheme and instructions on how to access the funds.
The Nigerian Youth Investment Fund (NYIF) will be disbursed to the beneficiaries within a range of N250,000 (Two Hundred and Fifty Thousand Naira) to N3m (Three Million Naira) depending on the scale of the business and its evaluation.
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