NYSC disburses N16.5m business grant to 48 Corps members

A total of forty-eight Corps Members were on Monday presented with various sums of money by the National Youth Service Corps (NYSC),   to finance their businesses after their business proposals scaled through the different stages of professional vetting.

The NYSC in a statement issued by its department  of Press and Public Relations,  noted that the business areas cover agriculture; craft and fashion design; education, shoemaking among others.

The statement indicated that the NYSC Director General, Brigadier General Shuaibu Ibrahim,  had in a virtual interaction with the Corps beneficiaries,  commended Unity Bank for providing financial grants to Corps Members selected from NYSC Orientation Camps in Edo, FCT, Lagos and Ogun States.

He said the pilot project of the “Corpreneurship Challenge” would create opportunities for self employment and wealth creation and also reduce the increasing number of unemployed graduate youths.

The DG disclosed that the Scheme is determined to drive entrepreneurial capacity among young graduates and create opportunities for self employment and wealth creation.

“My appeal to you is to be determined, remain focused and fan into flame the training that you have acquired for your empowerment, as it would later translate to societal development.”
“Be prudent in your spending, avoid indolence and be committed to what the Unity Bank has done for you”, he said.

The Director-General also advised the Corps beneficiaries to do peer review of their successes and restrategise for greater output.
In her remarks, the Managing Director and Chief Executive Officer of Unity Bank of Nigeria, Mrs Tomi Shore fun,  who promised that the robust partnership with the NYSC Scheme would empower more youths for self development,  commended the Director-General for his strong passion for skills acquisition, adding that Unity Bank is expanding the “Corpreneurship Challenge Initiative” to six more additional locations namely; Akwa-Ibom, Kano, Sokoto, Bayelsa, Enugu and Osun States.

The Director, Skill Acquisition and Entrepreneurship Development Programme, Mr Hilary Nasamu advised the Corps beneficiaries to adhere strictly to the template of their business proposals.

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