Npower News: Federal Government To Give ₦10,000,000 Grant To Corp Members

According to Npower News, the Minister for Youth and Sports Development, Jamila Bio-Ibrahim, has revealed a transformative agenda for the National Youth Service Corps (NYSC) Scheme. This ambitious plan includes awarding federal government grant summing up to ₦10,000,000 to each of over five thousand youth corp members. A committee will be delegated to champion these reforms.

This declaration was made during the inaugural session of the NYSC’s strategic meeting with leaders from Corps-Producing Institutions across the federation, which took place in Abuja on Monday. The Minister for Youth and Sports Development Jamila Bio-Ibrahim articulated her strategic vision for the National Youth Service Corp (NYSC), stressing the essence of nurturing an entrepreneurial spirit among participants and integrating skills training as a fundamental aspect of the program.

According to Npower News, the Minister highlighted the objective to evolve the National Youth Service Corp (NYSC), into a self-dependent and income-producing entity in the next 5 years. While the NYSC is already tasked with fostering entrepreneurship, the intention is to refine the process to be more productive, impactful, and advantageous.

Furthermore, the Nigeria Youth Investment Fund’s 2024 initiative will extend support to a minimum of five thousand corps members’ prospective business. This scheme is an important component of a larger strategy to establish NYSC ventures as a formidable investment and asset management enterprise.

Brigadier General Yushau Ahmed, the NYSC’s Director-General, extended a warm welcome to the CPI heads in attendance. Brigadier General Yushau Ahmed outlined the objective to refine the mobilization of future corps members and to devise strategies to rectify current shortcomings, thereby streamlining the process.

Brigadier General Yushau Ahmed pinpointed several challenges within the mobilization framework, such as the improper delegation of responsibilities. Brigadier General Yushau Ahmed suggested the direct engagement of institutional leaders to foster a comprehensive understanding of the issues and to achieve greater outcomes.