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FG disburses over N165 million to 239 beneficiaries of NYIF



The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq

The federal government declared that the Nigeria Youth Investment Fund (NYIF), has successfully implemented the disbursement of N165,700,000 worth of loans to 23 beneficiaries so far.

The government on Wednesday, February 3, disclosed this through the official Twitter handle of the Presidency, adding that the exercise has received 3 million applications so far.

The tweet read: “The Nigeria Youth Investment Fund (NYIF), being implemented by Ministry of Youth and Sport , has successfully completed its pilot disbursement of loans totaling N165,700,000 to 239 beneficiaries ahead of the processing of the over three million applications so far received.”

“ It is being implemented by Youth Ministry in partnership with the CBN and Ministry of Finance and is being disbursed through NIRSAL”



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  1. Pingback: FG Disburses Over N165 Million To 239 Beneficiaries Of NYIF | Techvalley

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