• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

  • Fact-Check
  • Economy
    • Luanda Summit: AUDA-NEPAD Taps AI, Green Bonds as it Launches Marketplace…

      Tinubu Jets to Brazil After Japan Summit, Eyes Trade, Security Deals

      Comptroller-General of Customs, Bashir Adewale Adeniyi (MFR), hosted the Executive Chairman of FIRS, Dr. Zacch Adedeji,

      Customs and the “National Single Window” Project

      FG Earmarks N13bn to Boost Power Infrastructure in Lagos, Ogun

      Centre for Crisis Communication, CCC,

      CCC Reviews Keyamo’s Crisis Management in Aviation Disputes

  • National
    • Flood

      Flood Alert: Heavy Rains Threaten 7 Nigerian States this Weekend August…

      Officers of NCS as it rounds off its Strategic Reputation Management Campaign in Zone 'D', Bauchi

      Customs Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’

      CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

      Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

      Army soldiers security

      Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon…

      ACF

      Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

    • Government
      • CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

        Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

        ACF

        Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

        FG, States, LGs Share N2.001trn for July, Says FAAC

        FG Unveils Personal Income Tax Calculator Under New Reform Laws

        Saudi Arabia Conducts Life-Saving Cardiac surgeries in Kano

        Saudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano

  • Security
    • The eliminated terrorists and their weapons

      OPHK Troops Neutralize Scores of Terrorists in Borno and Yobe States

      Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide Crackdown

      Police Officer

      Police Raid Bandits’ Camps, Recover Arms, Arrest Suspects in Benue

      Flood

      Flood Alert: Heavy Rains Threaten 7 Nigerian States this Weekend August…

      NAF Eliminates Over 35 Terrorists at Assembly Point Near Cameroon Border

  • Features
    • CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

      Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

      Army soldiers security

      Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon…

      The Arrest of Ansaru Kingpins Mahmud Muhammad Usman aka Abu Bara’a, and Mahmud al-Nigeri aka Mallam Mamuda

      Ribadu and the fall of Ansaru By Senator Iroegbu

      Fixing the Fault Lines in Nigeria’s Culture of Recognition, By Mukhtar…

      How Desperation Turns Nigerian Job Seekers Into Scam Targets By Tahir…

  • State
    • The eliminated terrorists and their weapons

      OPHK Troops Neutralize Scores of Terrorists in Borno and Yobe States

      Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide Crackdown

      Police Officer

      Police Raid Bandits’ Camps, Recover Arms, Arrest Suspects in Benue

      Nigerian Navy Personnel

      Navy Dismantles Illegal Refining Site in Bayelsa

      ACF

      Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

  • Event
    • President Bola Ahmed Tinubu

      His Death is a National Loss, Tinubu Mourns Emir of Zuru

      Umar Lauya

      Umar Lauya Declares Candidacy for NYCN Presidency, Vows to Unite and…

      The Executive Secretary/CEO of the National Sugar Department Council (NSDC), Mr. Kamar Bakrin (L), with the CEO of Legacy Sugar Company, Alh. Abubakar Isa Musa (R), during the signing ceremony.

      NSDC, New Operators Seal Landmark Development Agreements, to Produce 400,000MT of…

      Regional Vice President Western and Central Africa at the World Bank, Mr Ousmane Diagana pays a courtesy visit to Baze University

      World Bank Vice President visits Baze University, Commends Educational Standards, Assures…

      NIPR President Ike Neliaku and a recently inducted PR professional from Kano

      PHOTOS: NIPR Inducts 80 New PR Professionals in Kano to its…

    • PR Nigeria Award
  • E-Paper
Home Government NYIF: Minister Tasks Committee on Effective Implementation Strategy
  • Government

NYIF: Minister Tasks Committee on Effective Implementation Strategy

By
Lere-adams
-
August 12, 2020

NYIF: Minister Tasks Committee on Effective Implementation Strategy

Read Also:

  • OPHK Troops Neutralize Scores of Terrorists in Borno and Yobe States
  • Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide Crackdown
  • Police Raid Bandits’ Camps, Recover Arms, Arrest Suspects in Benue
 Minister of Youth and Sports Development, Mr. Sunday Dare  has charged the  Ministerial Technical Committee on Nigeria Youth Investment Fund to carry out their  assignment with dispatch.
Speaking at the inauguration of  the Technical Committee,  the Minister said the setting up of the Fund   underscores the absolute confidence the administration had in the innovative skills, talents and industry of the Nigerian Youth. ”NYIF is expected to  serve as a youth bank to fund and support the enterprise of the Nigerian Youth through loan and credit pathways.
The idea was driven by the urgent need to accelerate the loan and finance processes for our talented youth, fund their ideas with a view of ratcheting up the number of youths that are entrepreneurs. The government does not envisage that NYIF will be caught in the same stringent measures that characterize similar support for youth,but there will be due diligence and best practices as it is a loan and not grant”.
He reiterated   that   the NYIF  Ministerial Technical Committee was constituted to facilitate the effective operationalization and implementation of the Fund.
The Committee  is expected to develop implementation  strategies  and roll out; road map and funding sustenance, advise on implementation  structure, define roles of stakeholders, work out and recommend  entrepreneurial  funding. Other mandates include disbursement and recovery strategies  and the possibility  of legislating the Fund.
The members of the Committee  drawn from relevant Ministries, Departments and Agencies is Chaired by the Permanent Secretary Ministry  of  Youth  and Sports Development  Mr. Gabriel Aduda, who will report to the Steering committee  chaired by the Minister of Youth and Sports Development.
Responding on behalf of  the Committee, , Mr. Aduda expressed  appreciation to  the President and the Minister for the opportunity to serve , assuring  that the Committee will come up with robust modalities for the operation of the NYIF.
Other members of the Committee are, but not limited to the following:
a. Director- Enterprise Develpt. & Promotion Dept, FMYSD. – Member
b.Mrs. Yewande Sidiku, DG, Nigerian  Investment Promotion Commission- Member
c. Mr. Yusuf Gila, Director, Develpt. Finance (CBN) & one other rep. Of CBN
d. Femi Adeagbo, Adviser on Innovation Devlpt. To the FMYSD – Member
e. Barrister Ismaeel Ahmed, SSA to President on Social Investment. – Member
A.B. Lere-Adams
Director-Press/
Media Office of  the Minister of  Youth and Sports  Development
VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • NYIF
  • Sunday Dare
Previous articleNCC to Prosecute Online Service Providers for Copyright Infractions
Next articlePolice Commissions Ultra-Modern Training College in Nasarawa
Lere-adams
Lere-adams
Xing

RELATED ARTICLESMORE FROM AUTHOR

CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau A. Shuaib

ACF

Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

FG, States, LGs Share N2.001trn for July, Says FAAC

FG Unveils Personal Income Tax Calculator Under New Reform Laws

Saudi Arabia Conducts Life-Saving Cardiac surgeries in Kano

Saudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano

FG Subsidises Dialysis Cost to N12,000, Says Northwest Not Excluded

Ibrahim Yahaya Dandakata of Arewa Economic Forum AEF

Arewa Economic Forum Alleges Targeted Removal of NTA Chief, Calls for Presidential Intervention

NCAA

NCAA Bans “Flight Mode,” Orders Phones Switch Off During Plane Take-Off, Landing

Food Items

Agric Minister, Kyari Laments as Nigeria Spends $10 Billion Annually on Food Imports

Customs, Shippers’ Council Move to Resolve Complaints Over B’Odogwu Platform

RMAFC Commences Review of Revenue Sharing Formula, Targets Higher Allocation for States, LGAs

Tinubu Commiserates with Governor Ododo Over Father’s Death

Recent Posts

  • OPHK Troops Neutralize Scores of Terrorists in Borno and Yobe States
  • Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide Crackdown
  • Police Raid Bandits’ Camps, Recover Arms, Arrest Suspects in Benue
  • Arewa Economic Forum Chairman Loses Mother
  • Luanda Summit: AUDA-NEPAD Taps AI, Green Bonds as it Launches Marketplace for Africa’s Infrastructure Push
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
OPHK Troops Neutralize Scores of Terrorists in Borno and Yobe StatesPolice Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide CrackdownPolice Raid Bandits’ Camps, Recover Arms, Arrest Suspects in BenueArewa Economic Forum Chairman Loses MotherLuanda Summit: AUDA-NEPAD Taps AI, Green Bonds as it Launches Marketplace for Africa’s Infrastructure PushFlood Alert: Heavy Rains Threaten 7 Nigerian States this Weekend August 24-24NAF Eliminates Over 35 Terrorists at Assembly Point Near Cameroon BorderPolice Arrest 65-Year-Old Arms Trader, Suspected Chinese Illegal Miner in AnambraCustoms Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’Navy Dismantles Illegal Refining Site in BayelsaIs Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau A. ShuaibMattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon Aremu AbiodunArewa Consultative Forum Engages Influencers to Amplify Northern IdentityMan, 65, arrested for illegal arms deal in Anambra - PoliceDelegations Arrive Abuja for Inaugural African Defence Chiefs Summit
X whatsapp