The Federal Ministry of Sports and Youths Development on Wednesday said 10,000 out of the three million youths who applied for the Nigeria Youth Investment Fund have been shortlisted.

The Federal Ministry of Sports and Youths Development on Wednesday said 10,000 out of the three million youths who applied for the Nigeria Youth Investment Fund have been shortlisted.

The Youth Development arm of the ministry said this in a statement it issued in Abuja on Wednesday.

The statement added that the selected youths would be entitled to loans between N250,000 and N3m.

It added that the Ministry of Youth and Sports Development stated that out of the ongoing screening of over three million applicants for the NYIF loan, 10,000 have been shortlisted for training by the ministry after which they will be approved for specific amounts.