Now that you have an understanding of the NYIF application portal, it’s important to know the requirements needed to apply for the NYIF loan. Many Nigerians have inquired whether NYIF is a loan or a grant. NYIF is indeed a loan, but with the goal of empowering youths in Nigeria, so, the interest rates are minimal. The Nigerian Youth Investment Fund aims to equip young Nigerians with skills and business loans to help them thrive and contribute to the nation’s economy.
Don’t miss the opportunity to be one of the beneficiaries of the Nigerian Youth Investment Fund. If you’re ready to seize this chance, visit the New NYIF portal at https://www.fmyd.gov.ng . Next, let’s dive into the NYIF requirements.
NYIF Application Requirements
- You must be between ages of 18-35 Years of Age.
- You must have a Valid National Identity Card.
- Your BVN is needed on the portal.
- Summary of your Business Plan should be Uploaded.
- Your Current Phone Number and Email Address.