National Youth Service Corps To Give Loans To Corps Members

Sokoto State facilitator of National Youths Service Scheme (NYSC), Alhaji Musa Abubakar says the plan is prepared to collaborate with the Central Bank of Nigeria (CBN) for a soft loan bundle to empower corps members become entrepreneurs.National Youth Service Corps To Give Loans To Corps Members

Others are Bank of Industry, Bank of Agriculture and some business banks.

He declared this on Saturday at the state National Youth Service Corps (NYSC) Permanent Orientation Camp in Wamakko Local Government during the Batch B Stream 2 cultural carnival and exhibition of wares produced by the corps members under the skill acquisition scheme.

The state coordinator urged the corps members never to wait for high-paying jobs but become employers of labour themselves through what they had learnt on camp.

“Each of the beneficiaries may get between N3m to N10m to enable him or her establish small scale businesses.

The state facilitator asked the corps members never to sit tight for lucrative jobs however get to be bosses of themselves through what they had learnt on camp.

"Each of the recipients may get between N3m to N10m to empower him or her set up small scale organizations.

"These corps members have been prepared on different skills like ICT, stylist, film making, photography, fashion design, tie and dye, cosmetology, brick making, interlocking and food processing and in addition conservation, among others which were similarly shown for evaluation.

"Furthermore, on the off chance that they keep on perfecting the trade which they have learnt here, it will go far to lessening unemployment, poverty and the post service trauma of looking for clerical occupations which is regularly not readily available.

"And even when you finally gets one, your salary for an entire month can't be comparedwith what an independently employed person with his/her trade gets in some cases in seven days", Leadership cited him as saying.

On the soft loans methodology, Abubakar said it would be directed to meriting corps members through the NYSC Skills Acquisition and Entrepreneurship Development Department.

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