FG invites entrepreneurs for financial support

The federal government says it will begin to accept applications for restructured Nigeria Youth Investment Fund (NYIF) this month.

The move would more young entrepreneurs access financial support for their innovative ideas under the renewed hope agenda of President Bola Tinubu-led federal government.

Ibrahim revealed this during the swearing-in of the 2024 Batch B Stream I corps members at the NYSC orientation camp in Paiko, Niger State.

Ibrahim urged the corps members to take advantage of these opportunities, emphasizing that the world is changing rapidly and the skills they learn now will be crucial to their future success.

She advised them to make use of the NYIF to bring their business ideas to life as well as actively participate in the NYSP to acquire new competencies, using their NYSC year to develop a well-rounded skill set.

The Nigerian Television Authority, said Minister assured that the NYIF would simplify the application process, emphasizing the commitment to fostering entrepreneurial spirit.

The scheme is expected to also provide essential resources to help transform business visions into reality, thus contributing to job creation and economic growth.

She spoke further : “We are also launching the National Youth Skills Programme (NYSP) this month. This program aims to train over one million young Nigerians across diverse fields such as technology, agriculture, and more.

The NYSP offers a remarkable opportunity to enhance your employability and prepare for a successful career, aligning your applications with the evolving demands of the job market”, according to the Minister who assured that the initiative will contribute to economic growth and sustainability.

Delivering his goodwill message on the occasion earlier, Governor Mohammed Umar Bago of Nigeria, promised
automatic employment for members in the Medical and Health field that indicates interest in healthcare delivery services in the State.

The Ministry of Youth Development, had announced a groundbreaking initiative in May 2024, aimed at empowering 5,000 NYSC members with up to ten Million Naira each for entrepreneurial ventures after completing their national assignments.

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