The Federal Government says about 6,000 persons have benefited from the National Youth Fund since it launched.
The government disclosed that additional 10, 000 have been shortlisted for training before they can benefit from the funds.
Minister of Youth and Sports Development, Sunday Dare, said this during the National Youth Day declared open by President Muhammadu Buhari on Monday in Abuja.
“The Nigeria Investment Fund (NYIF) Scheme provides access to funds much needed by MSMEs and thousands of our youth are benefiting.
“So far, over 6,000 from across the country has benefited and we have solid data to back this up. Another 10,000 have been short listed for training before benefiting, the process goes on,” the minister said in a statement issued by the Director, Press and Public Relations, Federal Ministry of Youth and Sports Development, Mohammed Manga on Monday night.
The minister stated the ministry’s programmes are focused on providing opportunities for the youth in such areas as training, digital skills, entrepreneurship, soft skills, internships and access to credit and finance, among others.
