Youth Empowerment Fund 2023 – The purpose of this program is to lessen the current high level of unemployment, which is on the rise, by introducing an innovative skill development program that will open up a variety of options with the primary goal of raising productivity across all economic sectors.
It is a program for young people, particularly those who already have businesses. The scheme is also known as the National Youth Investment Funds and can be accessed via the official Portal at www. Nyif.nmfb.com.
Is The Youth Empowerment Fund 2023 Form Out?
All interested Nigerians who are deemed qualified to apply can now access the application online for the National Youth Empowerment Funding Application Form via the official Portal at www.Nyif.nmfb.com.ngp. Applicants who require assistance for their business could win up to N250,000 to N5,000,000 if chosen or included among the finalist..
What you should know before applying for the National Youth Empowerment Fund
The National Youth Empowerment Fund, also known as the National Youth Investment Fund, is a Federal Government initiative designed to provide youth with low-interest loans to support their professional goals.
The government offers the credit via NIRSAL Microfinance Bank. The CBN sponsors this loan through the Ministry of Youth and Sports Development, and NIRSAL Microfinance Bank only acts as a conduit through which it is disbursed.
The National Youth Empowerment Fund is a program that is now in effect, is broken up into separate batches, and is anticipated to last through the end of 2023.
Requirements Youth Empowerment Fund 2023
This loan is available to young people between 18 and 35.
Applicants must possess an FMYSD EDIs Training Certificate that has been approved.
Applicants must be in the commercial sector.
Applicant business needs to be registered and authorized by law.
Lastly, applicants must possess TIN..
How to Apply For Youth Empowerment Fund 2023
Here’s the link:
To access your profile account, enter this URL into your browser: https://nyif.nmfb.com.ng/Applicants/New
Open the Portal mentioned above and complete the online application form with your information. Keep in mind that it is free.
Remember that you require a photocopy of your national identification card or another form of identification.
Also required is NIN.
Throughout the screening phases, all original copies of the papers must be presented to aid in verification.
Again, the application form is free.
Visit this page often for more updates on Youth Empowerment Fund 2023.