Nigerian Youth Investment Fund: FG cash transfer NYIF loan of 75 Billion to credit microfinance bizness of young pipo don ready - See how you fit apply

The NYIF aims to reach 500,000 youth annually between 2020 & 2023. Each fund approval will range from N250,000 to N50,000,000. Working capital loans set at 1 year and term loans set at 3 years with single digit interest rate of 5%, and 1-year moratorium.”
“Youth seeking to benefit must have a fundable business idea, registered business, be a citizen of Nigeria, present recognized means of identification & guarantors. Potential beneficiaries will not need to know anyone or be ‘connected’ to access the fund.”
The programme will hopefully kick start by September and this is what the applicants will need if they want to apply for this youth investment fund
Applicant must be a Nigerian and fall between di age of 18 and 35 years old.
Graduate must don finish NYSC
Non graduate get any form of identity
Applicant must get simple business proposal wey show capital, profit margin, over head cost, market, wetin im dey hope to achieve for di business.
Di youth must submit idea wey dey fundable.
National Identity Card, INEC Registration Card or Nigerian Passport
One Guarantor
Registered company
Bank Verification Number