Nigerian Youth Investment Fund (NYIF) is a government initiative created to support youths in business financially. The nigerian youth investment fund application portal is now open for the Nigerian Youth to submit their applications. The Nigeria youth investment fund (nyif) application portal opened on 13th of October 2020 and it's for Nigerian Youths from the age of 18- 35 years that met the requirments
fund aims to reach 500,000 youth annually between 2020 and 2023. Each fund approval will range from N250, 000 to N50, 000,000, with a spread across group applications, individual applications, working capital loans set at 1 year and term loans set at 3 years with single digit interest rate of 5%.
It is a Government Ministry in Nigeria created in the year 2007 with the mandate inter'liar to promote the socio economic development of the Nigerian Youth through the advancement of their welfare and provision of opportunities for their self- actualization.
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