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Claim:

A shared WhatsApp message claimed that the National Youth Empowerment Fund, a federal government agency is giving out ₦150,000 – ₦200,000 grants to Nigerians.

Conclusion:

False, the website is fraudulent. The Federal government has an ongoing initiative named National Youth Investment Fund under the control of NIRSAL Microfinance Bank. Also, the loan application batch for 2023 has closed.

Ripples Nigeria can confirm that the National Youth Investment Fund is a genuine initiative from the Ministry of Youth and Sports Development funded by the Central Bank of Nigeria being disbursed by NIRSAL Microfinance Bank.

The initiative is expected to run from 2020 to 2023 and the batch for 2023 has closed. Also, it is not a grant, rather it is a loan to help businesses across the country. A loan that does not involve doling out cash to applicants but having the cash equivalent as equipment to boost their businesses.

The National Youth Investment Fund website is nyif.nmfb.com.ng

Full Text:

A viral WhatsApp message claimed the National Youth Empowerment Fund is paying ₦150,000 – ₦200,000 grant to Nigerians who need helping hand in their business and education.

The message reads;

*National Youth Empowerment Fund Application Form 2021 Is Out*

National Youth Empowerment Funds Application Form 2021 online for registration exercise which is the quickest to apply for is now out for all bonafide  citizens only who needs helping hands in their various Business and Education

*The National Youth Empowerment Funds is vision into giving out ₦150,000 – ₦550,000 grant to every Citizen under the age  13-65 years From 2021-2024*.

Read also: FACT CHECK: Do Nigerian senators enjoy the highest salary among lawmakers in the world?

*Interested Applicants are to visit Online Registration Portal*

September Payments has began for all applicants, Register To be Part of the Beneficiaries

*Strictly for Students and Business owners*


Post a Comment

  1. Pls I need help for my business & my school payment.

    ReplyDelete
  2. Pls I need help for my business

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  3. Pls I need help to proceed my study

    ReplyDelete
    Replies
    1. Pls I need help to proceed my study

      Delete
    2. I need help to pay my school fund how do i apply

      Delete
  4. Replies
    1. i need help to open my automobile workshop, were I will repair car

      Delete
  5. Am a student of 100level in university of Calabar. I need support to pay my school fee

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    Replies
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  6. Pls I need money to boost my business.

    ReplyDelete
  7. Please I need help for my education

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  8. Please I need help for my business

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    Replies
    1. I need help for my business

      Delete
    2. Pls help me for my business

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    3. I need help from the country.. Need to paid my school feel and my business..?

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    4. I need a Startup capital for my business
      I really need funding

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    5. I need some help startup my business

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  9. WHY IS THE PROCESS FAILING, IT MIGHT BE A PRANK

    ReplyDelete
  10. please i nerf help for m'y business

    ReplyDelete
  11. Good day sa/ma
    I need a help fro my frame I am a fish frame duy wait catfish and ram

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  12. good morning I need a help to grow my farm. I am a pig breeder

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  13. I'm Bunu Baba Kura from Borno State.

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  14. Am Doris omwenga from kenya i need heip for my project

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  15. I need your help cause i want to finish my studies

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  17. Hi I need help on finishing my project management online study

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  18. I have been to trying establish a cashew farm 200m by 200m for the pass year but cannot realized my dream because of insecurity of the place. now am seeking help to fence the yard bar wire or iron mesh


    ReplyDelete
  19. Please I need help to start up a small business

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  20. Please can you support my business

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  21. I NEED HELP ON MY FARMING AND SCHOOL STUDY WILLING TO HAVE SMALL BUSINESS SOO I CAN BE ABLE TO PROVETE MY FARMING

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  22. I NEED HELP ON MY FARMING AND SCHOOL STUDY WILLING TO HAVE SMALL BUSINESS SOO I CAN BE ABLE TO PREVETE MY FARMING I REALY NEED HELP

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  23. I also need the loan to enhance my business

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  24. i need a loan to enhance my business without delay

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  25. I need a help to start my business

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  26. I need help from the government to assist me with grant to further my education and to boost up my business.

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  27. I need help from government to boost up salon business

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  28. I would like you to help me financially to carry out agriculture in my native village because we have land in our possession

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  29. I need the funds to assist in my education and to start up a business

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  30. HOW DO I REGISTER PLEASE HELP
    CALL ME OR WHATSAPP ME +27 83 752 6507

    ReplyDelete
  31. Enter your comment...please l need you help to grew up my business, because my the business was brokendown as due to bokoharam/covid19 season in konduga lg area in Borno state please here my detail include my name,, Babagana Ali acct num,3029290543 bvn 22421474103 SKYE/POLARIS BANK,

    ReplyDelete
  32. I need help start-up my business

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  33. Please I need capital to startup a business so I can further my education

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  34. Please I need capital boost my business

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  35. This comment has been removed by the author.

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  36. I would like the government assist me with 150000 to startup POS

    ReplyDelete
  37. I need help to invest in my small business

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  38. I have a small running kiosk store help me with 150000 to growup the business

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  39. Am a fashion designer, please i need help �� to open my own shop please

    ReplyDelete
  40. Help me, I need this Fund to start my business.

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