Nigeria Youth Investment Fund Application Process Begins This Month – Jamila Ibrahim

 

As part of President Bola Ahmed Tinubu’s 'Renewed Hope' initiative, Minister of Youth Development Dr. Jamila Bio Ibrahim has announced that the revamped Nigeria Youth Investment Fund (NYIF) will start accepting applications this month. This move is aimed at providing financial support to young entrepreneurs for their innovative projects.

Dr. Ibrahim made the announcement during the swearing-in ceremony for the 2024 Batch B Stream I corps members at the NYSC orientation camp in Paiko, Niger State.

She assured that the NYIF will streamline the application process, highlighting the government's dedication to nurturing entrepreneurial talent and providing crucial resources to turn business ideas into reality, which will help in job creation and economic development.

Dr. Ibrahim also reminded the corps members of a significant initiative announced in May 2024 to provide up to ten million naira each to at least 5,000 NYSC members for their entrepreneurial endeavors upon completing their service, which is expected to drive economic growth and sustainability.

Additionally, she revealed the launch of the National Youth Skills Programme (NYSP) this month. This program aims to train over one million young Nigerians in various fields such as technology and agriculture, offering a valuable chance to enhance employability and align with the evolving job market demands.

Dr. Ibrahim encouraged the corps members to leverage these opportunities, stressing the importance of acquiring new skills to ensure future success.

She advised them to utilize the NYIF to realize their business ideas and engage actively in the NYSP to build a diverse skill set during their NYSC year.

In his address, Niger State Governor Mohammed Umar Bago announced that his government would offer automatic employment to corps members in the medical and health sectors who are willing to work with the state to enhance healthcare services. He also revealed that the state government has allocated five billion naira for the construction of a permanent NYSC orientation camp in Niger State.