PRESIDENT TINUBU MOURNS NAF PERSONNEL IN ONDO JET CRASH, ORDERS THOROUGH INVESTIGATION OF THE MISHAP. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS STATEMENT PRESIDENT TINUBU MOURNS NAF PERSONNEL IN ONDO JET CRASH, ORDERS THOROUGH INVESTIGATION OF THE MISHAP   President Bola Tinubu has expressed profound sadness over the crash on Monday morning of a Nigerian Air Force ATR-42 jet near a naval base in the Igbokoda area of Ondo State.   The aircraft was on a routine mission from Benin to Lagos when the accident occurred.   The President extends his deepest condolences to the family of the 25 passengers and seven crew members involved, the Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, and all officers, airmen and airwomen of the Nigerian Air Force.   "This is a painful moment for our Armed Forces and for the entire nation. Our Air Force personnel put their lives on the line every day to secure Nigeria. Their sacrifice will never be forgotten."   “The Chief of Air Staff has briefed me, and I have directed the Nigerian Air Force to immediately commence a thorough investigation in...
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NYIF LOAN: MINISTRY OF YOUTHS AND SPORTS DEVELOPMENT URGES SHORTLISTED APPLICANTS TO RESPOND PROMPTLY. (PHOTOS).#PRESS RELEASE.

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FEDERAL MINISTRY OF YOUTH AND SPORTS DEVELOPMENT 

Press Release 

NYIF Loan: Ministry Urges Shortlisted Applicants to Respond Promptly
 
The Federal Ministry of Youth and Sports Development is currently delivering a fresh round of disbursements of the Nigeria Youth Investment Fund(NYIF) to youth beneficiaries  whose application have been successful.  
 
Less than 14% of the newly shortlisted applicants from the over 25,000 successful candidates, who are expected to be part of the loan, have responded to emails confirming their approval to receive the soft loan. Instructions on how to access the funds are contained in the email sent. The rate of response to the emails have been quite low. However, others who responded have received the funds into their PFI designated bank accounts.
 
Shortlisted candidates must respond to communication in order to conclude the disbursement process. Those who fail to respond risk forfeiting this opportunity. 
 
The Nigerian Youth Investment Fund (NYIF) is being disbursed to the youth who have expressed business needs within a range of N250,000 (Two Hundred and Fifty Thousand Naira) to N3m (Three Million Naira) depending on the scale of the business and its evaluation.
 
About 6,000 youth benefitted from the first set of disbursements in 2020 and the names of the beneficiaries have since been made public.

While in the second batch 4,375 have so far responded to their loan offer messages and received their funds.
 
The NYIF guidelines and processes remain the same.

Signed 
Mohammed Manga
Director (Press & Public Relations)
May 10, 2022


 

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