released by the Media Office of the Honourable Minister of Youth and Sports Development on Monday, the focal group is an assemblage of youth leaders and groups from diverse fields, entrepreneurial experts and individuals with youth development and finance experience.how President Muhammadu Buhari approved the establishment of a N75 billion Nigeria Youth Investment Fund for three years following a memo presented by the Minister of Youth and Sports Development.
“A loan and credit pathway dedicated to assessing credit and soft loans.This is the very first of its kind by any Nigerian government.” The minister, Mr Dare, tasked the Focal Group to “provide useful insights around the challenges faced by youth entrepreneurs and youth with burning ideas and how best they think the fund can assist them. The Nigeria Youth Investment Fund is not just another programme of government. You have the responsibility of coming up with suggestions on how to make NYIF serve the needs of the youth and facilitate turning their ideas into viable businesses, helping them to expand existing businesses.