The Minister of Youth and Sports Development, Mr. Sunday Dare has disclosed that his Ministry’s Nigerian Youth Investment Fund (NYIF) has successfully completed its pilot disbursement of loans totaling N165,700,000.00 to 239 beneficiaries ahead of the processing of the over 3,000,000 applications so far received.
The Minister made the disclosure at the flag-off of the 774,000 jobs under the Special Public Works Programme (SPWP) in Ibadan, Oyo State on Tuesday.
Represented by the Ibadan Zonal Coordinator of the Ministry, Mr Ajao Olufemi, Mr. Dare explained that the Fund, approved by the Federal Executive Council (FEC) on July 22, 2020, is being implemented in partnership with the Central Bank of Nigeria (CBN), Federal Ministry of Finance, Budget and National Planning (FMFBNP) and disbursed through the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank (NMFB).
He stressed that “The youth of this country can take Mr. President’s commitment to the bank. We, at the Federal Ministry of Youth and Sports Development (FMYSD), who are at the forefront of the youth engagement and development assignment, align ourselves and commit ourselves fully to the youth of this country.”
Meanwhile, the Minister hailed the Special Public Works Programme as signposting government’s committed to the upliftment and improvement of the lives of the mass of Nigeria’s youth population.
According to him, “The programme, designed along other similar ones being implemented by more developed nations, is a validation of a Government with focus and purpose. A Government bold in its actions and committed to programmes that will deal with socio-economic problems.
“Across the nation, beginning today, 774,000 Nigerian youth mostly unskilled and semi -skilled, will participate in this Special Public Works Programme (SPWP) for 3 months. The engagement of this large group by the Federal Government in productive ventures, I believe, is the beginning of a more robust engagement of our youth in national development.
“Undoubtedly, this novel initiative joins a slew of numerous youth programmes already put in place by the Buhari-led administration. This administration’s commitment to youth engagement and development is unparalleled. Yet, it intends to do more partnering with the private sector in a bid to increase the number of the youth population provided with life changing opportunities, he said.
Ministry of Youth and Sports Development.
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I received a certificate of attendance during training, but loan approval, it sure that you haven’t been trained, please what is happening?
I received an invitation for the virtual training via YouTube videos by mind_theGap, I’ve even downloaded the certificate, but I’m yet to receive any notification for the next step in NYIF loan application.
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Have registered but yet to undergo the 5 days online training . Please update me
Good morning, I filled the form but am yet to receive any text concerning the training, please what is happening?
Thanks
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When will the next phase of disbursement commence, and how can I apply? I participated in the training facilitated by Mind_thegap.ng last December; 2020.
What is actually happening in this country?,I have been train and received the certificate but the portal is still showing me I have not been train
Me too i went through the 5 days training,and I received mindthe-gap certificate but it is showing me I have not been trained on the nyif portal.I don’t know why
I didn’t received any certificate while I attended all training class
I applied for nyif registration form and add of now I didn’t receive anything massage or mail
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I thought Sunday Dare would have been of help to the youths but it’s unfortunate that he is not helping us, how can you claim that you disbursed 165million 700,000 to 239 beneficiaries yet you can’t publish their names in the NMFB portal, secondly how many youths were trained and how many was given training certificate, this shows that you are not doing it in a normal procedure, we have every right to know number of those who was trained and received certificates, I know it will be like this am not surprise because you guys are not sincere, I registered and I was trained till now no certificate is given to me, all the people I know that registered none of them have received a dime, is this how to move Nigeria forward? it’s so shameful, please Hon Minister approve youths that applied for this scheme and pay them, send our names to NMFB let them pay us this is our right which you fought for why making it stressful for us, last year you said that this will go to the various LGAs in Nigeria to enable those who don’t know about this initiative partake on it, is this how to help the poor youths in the village?
non training in this role which role to received a certificat.
Very well done. I have registered but yet to be invited for training. Please what do I do?
I was trained since 7th December 2020, filled all the forms but yet to receive any certificate. I don’t understand why no one is saying anything about it. What is really going on? Is the program still what we dreamt of?
Please how do I get train to access the loan
How do I apply I’m interested
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