Nigeria Youth Investment Fund (NYIF Loan) Latest Update

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The Federal Ministry of Youth and Sports Development has continued the approval and disbursement of the N75 Billion Nigeria Youth Investment Fund  (NYIF Loan) to the trained beneficiaries of the Programme.


Some of the participants of the NYIF Loan Training including the recently trained 10,000 Candidates confirmed to have recieved a text message and email depicting their Loan Approval and instruction on how to access the fund into their Bank Account.

View and Download the Full List of 10,000 shortlisted/Trained candidates here

SEE ALSO: NDE Skills Acquisition Schemes Job 2022/ How to Apply

The text message being sent by an accredited partner in the NYIF Loan disbursement (NPF MFB PLC) to the successful beneficiaries, which was mistaken for a scam text, reads “You have been selected as a beneficiary of the National Youth Investment Fund. Check  your e-mail for details, dial *5757#, download NPF Microfinance Bank App or Visit our Branch.”

SEE ALSO: CBN Micro, Small and Medium Enterprises Development Fund (MSMEDF) 2022

While one of the e-mails reads:

“Dear NYIF Beneficiary, the Federal Ministry of Youths and Sports is partnering with NPF MFB 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
1. Visit our website to open an account.
2. Through our USSD *5757#
3. Download the mobile App through Play Store or Apple Store
4. ViSit any of our branches nearest to your location as listed below”
The above text message and email are not scam messages as many perceived, and an applicant of the NYIF Loan Scheme who received the Text message and email should hasten up to do as requested.

Choosing the NPF Microfinance Bank as a partner in the disbursement of the Nigeria Youth Investment Fund will not only quicken the disbursement of the loan but will also aid in the recovery of the loan.

Originally published by myinfoclock

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About the Author: Sam Oluwarantimi

Interpersonal Communication Specialist & Graduate (Biology), Obafemi Awolowo University. Join me on Twitter.

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