Revealed: FG’s National Youth Investment Fund is powered by Envivo, a tech company with a ‘dubious’ past

A recent inquiry into the National Youth Investment Fund (NYIF) online process has revealed some intriguing and potentially concerning details. The NYIF, an initiative that gained significant traction following the announcement of the August 1 protests, aims to support Nigerian youth through loans, grants, and equity investments.

Upon applying for the NYIF, you’ll receive an email from “fmyd@email.b12.io,” which immediately stands out. The unusual email address raises questions about the programme’s management and transparency.

Typically, government institutions in Nigeria use the “.gov.ng” domain for official communications, ensuring authenticity and security. For instance, when you register on the Corporate Affairs Commission, you’ll receive an email with the domain: “com.ng”.

By Omoleye Omoruyi

Full story at Tech Next24.