Federal Government Shortlists 10,000 Youths From Three Million Investment Scheme Applicants

The Federal Ministry of Sports activities and Youths Improvement on Wednesday stated 10,000 youths have been shortlisted out of the three million youths who utilized for the Nigeria Youth Funding Fund.

 

This was disclosed in an announcement issued by the ministry’s Youth Improvement arm in Abuja.

 

The assertion titled, ‘Nigeria Youth Funding Fund: 10,000 youths shortlisted, await coaching and disbursement’, added that the chosen youths can be entitled to loans between N250,000 and N3m.

It learn partly, “The Ministry of Youth and Sports activities Improvement said that out of the continued screening of over three million candidates for the NYIF loan, 10,000 have been shortlisted for coaching by the ministry after which they are going to be permitted for particular quantities.

 

“With the profitable completion of this pilot section, Nigerian Incentive-based Threat Sharing system for Agricultural Lending has cleared names of one other 10,000 for coaching and subsequent mortgage approval and disbursement. Loans are within the vary of N250,000 to N3m for now.”

Based on the assertion, checks accomplished embody age, BVN, whether or not or not the person has an current authorities mortgage or has obtained COVID-19 enterprise funds.