Brig.-Gen. Maharazu Tsiga , the NYSC Director–General, says the Federal Government has earmarked N500 million for disbursement as loans to corps members to enable them to establish businesses. Tsiga made the initiative known in Sokoto on Sunday when he addressed Batch ‘’B” 2011 corps members at the temporary NYSC orientation camp at Government Technical College, Farfaru-Sokoto. He said that under the programme ,“corps members will be given some money to establish their own small-scale businesses. “The money had been approved by President Goodluck Jonathan under the NYSC war against poverty programme.” Tsiga said that potential beneficiaries were expected to present feasibility studies, adding that ”when they are approved, we only require their bank accounts to deposit the approved loans.” He said that the programme, initiated in 2009, was being properly supervised. Tsiga said that 20 beneficiaries of the programme had just returned from the U.S. after undergoing free training in that country. “Each of them was given N5 million for the establishment of their own small-scale businesses ,” he added. Tsiga said that the payment of the newly approved N19,800 monthly allowance to NYSC members took effect from March.
Lets hope the NYSC people get it.
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Posted: at 18-07-2011 02:40 PM (13 years ago) | Addicted Hero
interpo77 at 18-07-2011 04:05 PM (13 years ago) (m)
really this sum can make a lot of positive change , i think the president and his advicer has finally gotten a kind of solution to yweing youths all over the nation atleast for the begining
Posted: at 18-07-2011 04:05 PM (13 years ago) | Gistmaniac
enc4life at 18-07-2011 04:29 PM (13 years ago) (m)
Rubbish , does dis mean after 4/7 yrs of studing,u only end up as a bizman/wman wit so much debt to pay, d govt shld do more to create employment rather than fooling the youths around, they shld come up wit smetin more than dis national cake sharing stuff :'(
Posted: at 18-07-2011 04:29 PM (13 years ago) | Gistmaniac