This article serves as a guide on the National Youth Empowerment Fund Application Form 2022, along with the information needed to apply for it.
What we received is that the African Federal government within Africa has introduced a fresh fund aimed at benefiting both young adults and older individuals, with a primary emphasis on the youth particularly.
A message circulating on WhatsApp inboxes claims the existence of a National Youth Empowerment Fund Application offering grants ranging from N150,000 to N200,000 to Nigerian individuals. However, this claim is nothing but a rumor.
Going back on the Message we saw on WhatsApp, below is a snippet of it.
“National Youth Empowerment Fund Application Form 2023 Is Out”
“National Youth Empowerment Fund Application Form 2023 online for registration exercise which is the quickest to apply for is now out for all bonafide citizens only who need 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 have begun for all applicants, Register To be Part of the Beneficiaries
“Strictly for Students and Business owners”
While we say this is a rumor, we’ll explain further below why it is and how you can apply for verified grants.
The mentioned website in the circulating messages is a scam. However, the Nigerian federal government is indeed running a program called the National Youth Investment Fund, managed by NIRSAL Microfinance Bank. The application window for loans for the years 2022/2023 is currently closed at the moment.
One of the trusted scam check websites – Ripples Nigeria verified that the National Youth Investment Fund is a legitimate initiative facilitated by the Ministry of Youth and Sports Development. The funding is done by the Central Bank of Nigeria and is distributed through NIRSAL Microfinance Bank to the selected candidates.
About the real National Youth Empowerment Fund
If you’re seeking information about the real NYIF loan program directly from the Federal Government, you can apply through this official NYIF link. Please note that the program’s timeline spans from 2022 to 2023, and applications for the 2022 batch have been closed.
It’s important to know that this program offers loans to help business owners grow across Nigeria.
The NYIF program’s aim is to diminish the poverty rate in the country and provide young people with opportunities to prepare for a brighter future. Although the fund is made open, its availability might differ across African countries based on their respective criteria met. You can find your country’s portal on this list, if open to your country for application.
For accurate and credible details about the National Youth Investment Fund in Nigeria, visit the official website: nyif.nmfb.com.ng.
It’s important to exercise caution regarding platforms claiming to be government-backed programs that offer funds, similar to the National Youth Empowerment Fund Application Form 2021/2022/2023.
How to Apply for National Youth Empowerment Fund Application Form 2022
Navigate to these websites made available for each country, to see which applies to you:
If you’re curious about such funds and don’t have a business, consider exploring the business Ideas mentioned below:
Learn new skills, any skill is relevant nowadays, just make sure you follow the trend by improvising what you know to get relevant clients and grow your brand.
To help you we have created a detailed guide on how to start and earn passive income with remote jobs. These grants have their own benefits and requirements, so ensure to follow the provided steps accurately for successful applications.