Business NYSC To Give Loans To Corps Members

kemi

Social Member
Sokoto State coordinator of National Youths Service Scheme (NYSC), Alhaji Musa Abubakar says the scheme is ready to partner the Central Bank of Nigeria (CBN) for a soft loan package to enable corps members become entrepreneurs.

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

He spoke on Saturday at the state 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.

“These corps members have been trained on various skills like ICT, stylist, film making, photography, fashion design, tie and dye, cosmetology, brick making, interlocking and food processing as well as preservation, among others which were equally displayed for assessment.

“And if they continue to perfect the trade which they have learnt here, it will go a long way to reducing unemployment, poverty and the post service trauma of searching for white collar jobs which is most often not readily available.

“And even when you eventually gets one, your take home pay for a whole month cannot be compared with what a self employed person with his/her trade gets sometimes in a week”, Leadership quoted him as saying.

On the soft loans modality, Abubakar said it would be channeled to deserving corps members through the NYSC Skills Acquisition and Entrepreneurship Development Department.
 
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