Empowering Nigerian Youth and Businesses: 11 New Financial Aid Programs of Tinubu’s Administration and How to Apply
In a significant effort to reduce poverty and boost the economy, President Bola Tinubu’s government has launched 11 new programs aimed at empowering Nigerian youth, supporting small businesses, and developing various economic sectors. These initiatives provide opportunities in education, energy, housing, and entrepreneurship, aiming to improve the country’s socio-economic conditions.
Each program is designed to address specific community needs, offering benefits like education loans, business funding, skills training, and job opportunities. Together, these programs offer a comprehensive approach to fostering economic growth and reducing poverty.
How to Apply for Each Initiative
Nigeria Youth Investment Fund (NYIF): The Nigeria Youth Investment Fund (NYIF) is a government-supported initiative in Nigeria that provides financial assistance to young entrepreneurs and small businesses. Learn more about Nigeria Youth Investment Fund (NYIF) HERE
Apply at: www.fmyd.gov.ng/nyif_application?s=09
Student Loan Scheme: Offers loans to help Nigerian students afford higher education. Learn more about Student loans HERE
Apply at: nelf.gov.ng
Consumer Credit Corporation: Provides credit to eligible Nigerians to help stimulate economic activity. Learn more about Consumer Credit Corporation Scheme HERE
Apply at: credicorp.ng
Compressed Natural Gas (CNG) Initiative: Promotes the use of CNG as a cheaper and cleaner fuel alternative.
Apply at: pci.gov.ng
Digital and Creative Enterprises (iDiCE) Programme: Supports entrepreneurs in digital and creative industries with funding and resources. Learn more about Digital and Creative Enterprises Here
Apply at: boi.ng/idice
Skill-Up Artisans Programme (SUPA): Provides training to improve the skills of local artisans, enhancing their job prospects. You can learn more about Skill-Up Here
Apply at: supa.itf.gov.ng
National Youth Talent Export Programme (NATEP): Helps young Nigerians develop their talents for global opportunities. You can learn more about National Youth Talent Export Here
Apply at: natep.gov.ng
Housing Initiatives: Focuses on building affordable housing across Nigeria to reduce shortages. You can learn more about Housing Initiatives HERE
Apply at: fha.gov.ng/ongoing-project
Nano-Business Support: Offers financial support to small-scale businesses to help them grow. You can learn more about Nano-Business Support HERE
Apply at: tucnigeria.org.ng
Nigerian Youth Academy (NIYA): Aims to develop leadership and business skills among Nigerian youth through training and mentorship. You can learn more about Nigerian Youth Academy Program HERE
Apply at: niya.ng
Micro and Small Business Loans: Provides loans to help micro and small businesses expand and thrive. You can learn more about Micro and Small Business Loans HERE
Apply at: boi.ng/micro-business
NDDC Internship Scheme for Niger Delta Youth: Offers internships to Niger Delta youth to gain valuable work experience and improve their job prospects. You can learn more about NDDC Youth Internship Scheme HERE
Apply at: nyis.nddc.gov.ng
These initiatives reflect the government’s commitment to addressing economic challenges and creating opportunities for a better future for all Nigerians. Citizens are encouraged to explore these programs and use the available resources to develop their skills, grow their businesses, and contribute to the country’s development.
Empowering Nigerian Youth and Businesses: 11 New Financial Aid Programs of Tinubu’s Administration and How to Apply