How To Apply For Federal Government’s Fresh COVID-19 Fund

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How To Apply For Federal Government's Fresh COVID-19 Fund
How To Apply For Federal Government's Fresh COVID-19 Fund

Federal Government has opened a fresh COVID-19 Fund Portal.

Brand Spur Nigeria reports that the Federal Government under Nirsal Micro Finance has re-launched a new portal for Nigerians to support Nigerians financially in the wake of the Coronavirus outbreak.

In a statement posted on the Nirsal Microfinance Bank website, Nirsal said a new website had been opened to visit for the Covid-19 support.

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Nirsal Bank said Covid-19 targeted credit facility for application and opened a website to new applicants that had not been funded last during the covid-19 support packages.

According to Nirsal; “COVID-19 TARGETED CREDIT FACILITY APPLICATION REOPENED FOR FRESH APPLICATIONS.

About NYIF Application Form Portal Login 2021

Nigerian Youth Investment Fund NYIF is a government initiative created to boost the Nigerian economy through leverage and access to finance for youths.

The fund hopes to serve as a catalyst to unleash the potential of the youth and enable many of them build businesses that will increase the employment rate. The NYIF aims to reach 500,000 youth annually between 2020 and 2023.

Each fund approval will range from N250, 000 to N50, 000,000, with a spread across group applications, individual applications, working capital loans set at 1 year, and term loans set at 3 years with a single-digit interest rate of 5%. Disbursement will be through various channels, which will include microfinance, finance firms, and deposit money banks regulated by the Central Bank of Nigeria and supported by the Bank of Industry.

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Nigeria Youth Investment Fund (NYIF) recruitment and online application that targets to assist small businesses especially farmers in Nigeria who are being threatened by the recession, economic hardship is here.

NYIF Application Portal was established so as to capture youth that needs the Nigerian federal government grant so as to revive their businesses, help keep their staff engage rather than relief them of their Job. Nigeria Youth who are lucky enough to be selected as winner or finalist will get N250,000 – N5,000,000. What are you waiting for? Access the portal right away and start applying

NYIF Application Form Portal Login 2021 Requirements

  • Official Government Identification
  • Applicant must be between the ages of 18 and 35 years old
  • Notarized Guarantor Forms
  • Passport photographs
  • Bank Verification Number
  • Training Certificate
  • Fundable business idea
  • Registered business
  • Nigeria Citizenship
  • NYSC certificate for graduates
  • Those Not Eligible for NYIF Registration
  • Previous beneficiaries of NMFB grants or loan.
  • Beneficiaries of other government empowerment scheme
  • Those who don’t have identity card, local Government certificate etc.
  • Those with criminal record.

How To Fill The NYIF Application Form Portal 2021

Nigeria Youth Investment Fund (NYIF) application is free and can be done online. To start your application

  • follow this link: https://nyif.nmfb.com.ng/Applicants/New
  • Select the center closest to you
  • Indicate how you heard about NYIF
  • Enter your Middle Name, Last name, and BVN
  • Accept the terms & conditions
  • Click the submit button