NYSC
FG to Give Each NYSC Member N10m for Entrepreneurial Empowerment
The Federal Government has announced its plan to support 5,000 National Youth Service Corps (NYSC) members with N10 million each for their entrepreneurial ventures after their service year. This was revealed by Dr. Jamila Ibrahim, the Minister of Youth Development, during the inaugural meeting of the NYSC management with heads of Corps Producing Institutions (CPI) in Abuja on Monday.
Dr. Ibrahim emphasized that this funding aligns with forthcoming NYSC reforms, separate from the Nigerian Youth Investment Fund program scheduled for 2024. The minister highlighted the administration’s commitment to fostering an entrepreneurship mindset among youth, aiming to make skills development central to the NYSC program.
The initiative envisions the NYSC as a self-sustaining and revenue-generating entity within five years, with strategic investments in sectors such as agriculture, manufacturing, garment making, communication, and digital banking. Dr. Ibrahim noted that a six-month abridged version of the National Youth Skills program would commence this year to accelerate this vision.
The minister urged educational leaders to nurture the intellectual and civic capacities of Nigerian youth, emphasizing the administration’s goal of driving innovation and economic growth through youth-led ventures. This initiative reflects a broader strategy to position Nigeria as a trillion-dollar economy, leveraging the potential of its young population.
Sunday Daniel
July 17, 2024 at 21:37
I pray that it will be implemented
Habeeb Ajide
June 15, 2024 at 14:08
I pray this is achieved.
Babatunde Haruna
June 12, 2024 at 21:19
I pray government should remember us
Richard Uduak
June 12, 2024 at 15:21
that is a huge amount of money
Rozaq Maruph
June 12, 2024 at 13:30
u are right bro
Emmanuel Abala
June 11, 2024 at 23:33
it’s an oprotunity to have an experience that will create a financialstrenght atleast even while in the labour maerket after service year kudos
Issa Abubakar
June 11, 2024 at 16:21
yeah that’s really interesting, at least with that they can start up a business after youth service
Adebimpe Adeleke
June 11, 2024 at 16:03
I hope they implement it
UZOHO JENNIFER
June 11, 2024 at 15:32
How i wish the put it into consideration
Yekini Sheidu
June 11, 2024 at 15:00
interesting