Nigeria Youth Investment Fund: Ministry shortlists 5000 applicants for training

The Ministry of Youth and Sports Development has shortlisted 5000 applicants for training as part of the processing and disbursement phase of loans to beneficiaries under the Nigeria Youth Investment Fund (NYIF).

The shortlisted applicants will commence the online training on Tuesday March 23, 2021.

An internal document of the Ministry disclosed that it has sent out “invitations by emails to the 5,000 applicants batched by NIRSAL Micro Finance Bank (NMFB).

“Applicants were given admission letters, and e-copies of training modules for five courses to read ahead of the training and also for future reference.

“The training on the Ministry’s training portal will run from Tuesday March 23, 2021 and end on Saturday March 27, 2021,” the document stated.

The pilot phase took place between December 2020 and January 2021 with 239 beneficiaries. Another batch of 529 beneficiaries of the NYIF were contacted in February 2021.

Application for the first tranche of the N75 billion Fund, which opened in October 2020, closed on February 28, 2021.

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