Don’t patronise a group known as Facilitators of NYIF- Youth and Sports Ministry warns Nigerians

The Ministry of Youth and Sports Development has raised an alarm, warning Nigerian youths to desist from patronizing a group known as Facilitators of the Nigerian Youth Investment Fund, NYIF.

The Ministry issued out this warning in a press release on Thursday advising  Nigerian youths and the general public to take absolute precaution and follow the due process of applying for the funds which the Ministry maintained is free.

According to the press release:

The Federal Ministry of Youth and Sports Development wishes to alert all Nigerian Youth and the public about a group known as Facilitators of NYIF.

The group operates through WhatsApp and the Telegram messaging platforms to provide business registration, account opening, and other services linked to the Nigerian Youth Investment Fund (NYIF) at a fee.

All Nigerian youth and the public are advised to avoid patronizing groups that facilitate access to registration, training, and other services for the NYIF at a fee.

Application and Entrepreneurship Development Training for the Nigerian Youth Investment Fund (NYIF) is FREE.

Business registration and account opening services are to be accessed directly through approved Government Institutions and legal entities.

Important Information:

i.Do not access unsecure and fraudulent application portals: Apply on:

ii.Do not disclose your BVN, NIN and other sensitive information to fraudsters and unauthorized persons/ groups.

iii. Deal directly with the approved government institution for business registration and with a licensed bank for account opening services.

iv. Disregard messages and advertisement inviting youth to pay any sum of money for entrepreneurship training, writing/business plan development or other services related to application for the Nigerian Youth Investment Fund

v. Access to the Application portal and Entrepreneurship Training for the NYIF is FREE.

For further information and enquiries, please contact the following:

07047024251- South –South  ZONE

07047598382- North-East  ZONE

08181127180 – North West  ZONE

08152947812 – South West  ZONE

07087792103- North Central  ZONE

07053820081 – South East  ZONE




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