Nigeria Youth Investment Fund, NYIF Loan Application Form for 2020/2021 is out. The Youth Investment Fund Portal is open- nyif.nmfb.com.ng.
See how to apply for the newly approved ₦75 billion Nigerian Youth Investment Fund, NYIF loan of the federal government.
The approval range for this loan is between ₦250,000 and ₦50 million, which spread across group applications.
NYIF Application Portal – Youth Investment Fund- nyif.nmfb.com.ng
nyif.nmfb.com.ng application portal is fully open for interested and qualified Nigerian youths to apply. Application on the nyif.nmfb.com.ng portal is free, you are not to make payment to anyone for the form.
Requirements for NYIF loan
Below are requirements to access the Nigerian Youth Investment Fund;
- Prospective beneficiaries must be a Nigerian citizen by birth.
- Must be between the age of 18 and 35 years.
- Passport photographs
- Active phone number and e-mail address
- Bank Verification Number (BVN) and bank account
- A fund-able business idea or registered business.
- Must have government issued ID card.
- Must provide at least two guarantors.
NYIF Loan Application Link
The valid link for NYIF loan application is https://nyif.nmfb.com.ng/Applicants/New
This loan is specifically for Nigerian youths between the age of 18 and 35 years who have a fund-able business idea. It is expected that this loan will help reduce the increasing rate of unemployment, which has been worsened by the COVID-19 pandemic.
How to apply for NYIF Loan on nyif.nmfb.com.ng Portal
The application is not difficult, you can apply using your internet enabled mobile phone or laptop from the comfort of your home or office (although, we advise you use a laptop so you can easily get your NYIF registration print out).
You need to understand that the youth investment fund is for all Nigerian youth between the age of 18 and 35 years.
If you are between the above mentioned age, then you can proceed to apply on the NYIF portal now.
Make sure you keep all your data safe after filling the application, this is because you will require them if you get shortlisted for the federal government youth investment fund online application form.
Visit https://nyif.nmfb.com.ng/Applicants/New to start your application.
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