A public WhatsApp message stated there was a National Youth Empowerment Fund, an agency of the federal government giving out N150,000 to N200,000 in grants to Nigerians.
False Website, it is a fraud. The Federal government is running an initiative dubbed the National Youth Investment Fund under the direction of NIRSAL Microfinance Bank. The request for loans for 2021/2022 is now closed
Ripples Nigeria can confirm that the National Youth Investment Fund is an actual initiative of the Ministry of Youth and Sports Development that is financed with the Central Bank of Nigeria being distributed through NIRSAL Microfinance Bank.
You can apply for the real NYIF loan here directly from the Federal Government by clicking the link NYIF link.
The program is expected to last from 2020 until 2023. The batch for 2021 is now closed. It is also not a grant, but it’s a loan that’s intended to support companies across the nation.
A loan that doesn’t consist of distributing cash to applicants but instead using the equivalent in cash as a tool to help boost the business of those who apply.
What is National Youth Empowerment Fund?
The fund programme was created to help reduce the rate of poverty and provide youths with a better future.
The fund is real, the African countries’ governments are offering this out depending on their countries’ portal. You can see here the list of your country’s portal.
The National Youth Investment Fund website is nyif.nmfb.com.ng
Full Text as shown:
A popular WhatsApp message stated that it was the National Youth Empowerment Fund is giving grants of N150,000 to N200,000 to Nigerians who need help in their education and business.
National Youth Empowerment Fund Application Form 2021 Show
The message reads:
“National Youth Empowerment Fund Application Form 2021 Is Out”
National Youth Empowerment Funds Application Form 2021 online for registration exercise which is the quickest to apply for is now out for all bonafide citizens only who needs helping hands in their various Business and Education
“The National Youth Empowerment Funds is a vision into giving out ₦150,000 – ₦550,000 grant to every Citizen under the age 13-65 years From 2021-2024”
“Interested Applicants are to visit Online Registration Portal”
September Payments has begun for all applicants, Register To be Part of the Beneficiaries
“Strictly for Students and Business owners”
Please be careful of different platforms coming out like a government-based program that claims to give funds just as this National Youth Empowerment Fund Application Form 2021.
If you are still curious about the fund, we suggest you take a look at these grants below:
The above grants has it own advantages and requirements, you just have follow the right steps mentioned in the post to do it right.