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NYIF- 16 Nigerian Journalists smile to the bank 500,000 naira richer

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The Nigeria Youth Investment Fund, NYIF, is an initiative of the Federal Ministry of Youth.and Sports development that has since recieved the blessings and endorsement of the federal government.

The initiative was set out, to assist business minded Nigerian youths with soft loans to improve their businesses.

Nigeria Sports minister Sunday Dare was and is still a journalist and he understands the plight of the media especially in today’s world.

Every media man, especially the independent ones in the ever expanding New Media platform need tools to work and the ministry’s intervention could just be the motivation needed to take their trade to the next level.

Thursday September 22, 2022, will go down in history as the birth of a new dawn for Sports journalism in Nigeria as no fewer than sixteen sports journalists spread across the six geo-political regions recieved the sum of 500,000 Naira (five hundred thousand naira) non refundable loans, from the National youth investment fund, an initiative of the Nigeria Sports ministry.

This is not the first time that the sports ministry has extended a hand of love to the media. The most recent being, the 400,000 naira given to sixteen journalists as incentives to support their two day trip to Ghana for the all important World Cup Qualifier with the Black Stars

Then, the ministry also took 10 Journalists to the recent Commonwealth Games in Birmingham and gave another 10, 5.5million naira to augment their expenses during the games.

The Sunday Dare administration has continued to standout in performance, achievements, athletes relationship and now media relations, since assuming office in August, 2019 and in the area of youth development, Dare has achieved even more compared to his predecessors.

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Tinubu, Fashola, Governors, UNESCO, Sports Leaders to Headline National Grassroots Sports Summit

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Joel Ajayi 


The stage is being set for a landmark gathering at the Presidential Villa as President Bola Ahmed Tinubu, former Lagos State Governor Babatunde Raji Fashola, SAN, and leading figures from government, sports administration and international development feature in the proposed opening-day programme of the National Grassroots Sports Development Summit 2026. 

In a statement signed by Thursday by the Chairperson Media Sub-com  National Grassroot  Sports Summit Dr. (Mrs.) Kehinde Ajayi stated that, the two-day Summit, scheduled for November 18–19, 2026, at the Banquet Hall, State House, Presidential Villa, Abuja, is being organized by the Office of the Senior Special Assistant to the President on Grassroots Sports Development, Hon. Adeyinka Anthony Adeboye. 

With the theme “Creating a New Pathway for Sustainable Grassroots Sports Development,” the gathering seeks to produce practical solutions to Nigeria’s longstanding challenges in talent discovery, infrastructure, funding, coaching and athlete development.


 The opening day, Wednesday, November 18, promises high-level engagement, with President Tinubu listed as Special Guest of Honour, while Fashola is scheduled to deliver a keynote address.

Also featuring in the Day One programme is Dr. Tayo Aduloju, Chief Executive Officer of the Nigerian Economic Summit Group (NESG), whose organization has been engaged as technical partner to help translate discussions into a workable development roadmap. 

Other personalities and institutions on the opening-day lineup include the Chairman and Director-General of the National Sports Commission, Mallam Shehu Dikko and Hon. Bukola Olopade; the Chairman of the Nigeria Governors’ Forum; the President of the Association of Local Governments of Nigeria (ALGON); and the Head of Office and UNESCO Representative to Nigeria.

Also listed are Barrister Enitan Oshodi, President of the African Table Tennis Federation; the President of the Nigeria Olympic Committee; and Dr. Musa Nakorji of the Central Bank of Nigeria’s Research Department. 

The involvement of these personalities reflects the Summit’s emphasis on connecting sports development with economic planning, education, grassroots governance, international cooperation and private-sector investment.


 Adeboye described the gathering as an opportunity to move Nigerian sports beyond isolated achievements towards a coordinated national development system.

“The real question is not whether Nigeria has sporting talent.
 We know we have talent in abundance. The question is how we build a system that discovers, nurtures and supports that talent consistently, from our communities and schools to the international stage,” he said.


He stressed that the participation of state governments, local councils, development institutions and sports administrators would be critical to producing lasting outcomes.


The Summit will continue on Thursday, November 19, with further stakeholder engagements aimed at developing actionable recommendations for sustainable grassroots sports development with preparations intensifying, organizers are confident that the gathering will provide a defining platform for strengthening the foundation of Nigerian sports and expanding opportunities for young people nationwide.

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