Federal Government Sets Aside N500M As Loans to NYSC Members

Date: 18-07-2011 2:40 pm (12 years ago) | Author: Daniel Bosai
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- at 18-07-2011 02:40 PM (12 years ago)
Online (m)
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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.


Posted: at 18-07-2011 02:40 PM (12 years ago) | Addicted Hero
- kinsken at 18-07-2011 02:54 PM (12 years ago)
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THIS IS GOOD NEWS......... BUT TOO BAD IF THEY EVENTUALLY phyuk UP Grin

Posted: at 18-07-2011 02:54 PM (12 years ago) | Newbie
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- sobeit at 18-07-2011 02:55 PM (12 years ago)
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ok
Posted: at 18-07-2011 02:55 PM (12 years ago) | Gistmaniac
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- deboalabi262 at 18-07-2011 02:59 PM (12 years ago)
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At long last, the NYSC is being catered for with lots of Hope.

Posted: at 18-07-2011 02:59 PM (12 years ago) | Hero
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- toibeli at 18-07-2011 03:01 PM (12 years ago)
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That's very good, but not enough. More corpers need to be helped.
Posted: at 18-07-2011 03:01 PM (12 years ago) | Gistmaniac
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- Pepesy at 18-07-2011 03:09 PM (12 years ago)
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How many corpers will lay their hands on that money?
Posted: at 18-07-2011 03:09 PM (12 years ago) | Gistmaniac
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- treasure1112 at 18-07-2011 03:10 PM (12 years ago)
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this is a way forward for the NYSC of Nigeria.
Posted: at 18-07-2011 03:10 PM (12 years ago) | Upcoming
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- Smartson at 18-07-2011 03:33 PM (12 years ago)
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More interested @ d monthly salary we might c than d loan we wont c....
Posted: at 18-07-2011 03:33 PM (12 years ago) | Newbie
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- baby14life at 18-07-2011 03:55 PM (12 years ago)
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Quote from: treasure1112 on 18-07-2011 03:10 PM
this is a way forward for the NYSC of Nigeria.

Abiiiiiiiiiiiiiiii
they try shalll Smiley Smiley Smiley Smiley
Posted: at 18-07-2011 03:55 PM (12 years ago) | Upcoming
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- feyee at 18-07-2011 03:58 PM (12 years ago)
(f)
 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
Posted: at 18-07-2011 03:58 PM (12 years ago) | Upcoming
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- lanudja at 18-07-2011 04:02 PM (12 years ago)
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Good
Posted: at 18-07-2011 04:02 PM (12 years ago) | Hero
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- interpo77 at 18-07-2011 04:05 PM (12 years ago)
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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 (12 years ago) | Gistmaniac
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- maeva at 18-07-2011 04:09 PM (12 years ago)
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VERY GOOD
Posted: at 18-07-2011 04:09 PM (12 years ago) | Upcoming
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- open_reality at 18-07-2011 04:10 PM (12 years ago)
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Not a bad news at all.......................

Posted: at 18-07-2011 04:10 PM (12 years ago) | Gistmaniac
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- sweetypeters at 18-07-2011 04:25 PM (12 years ago)
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good initiative...hope say dem go see d money wen dem apply o, bcoz dem go soon dey do politics on top dat money
Posted: at 18-07-2011 04:25 PM (12 years ago) | Upcoming
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- enc4life at 18-07-2011 04:29 PM (12 years ago)
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Rubbish Cool, does dis mean after 4/7 yrs of studing,u only end up as a bizman/wman wit so much debt to pay, Huh? 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 Lips Sealed Kiss :'(
Posted: at 18-07-2011 04:29 PM (12 years ago) | Gistmaniac
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- aniefon at 18-07-2011 04:34 PM (12 years ago)
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pls let dem do has they said nt to say without doing oooooooooooooooooooooo is a gud news
Posted: at 18-07-2011 04:34 PM (12 years ago) | Newbie
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- whome at 18-07-2011 05:13 PM (12 years ago)
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 Grin Grin Grin thats great
Posted: at 18-07-2011 05:13 PM (12 years ago) | Upcoming
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- emydaddy at 18-07-2011 05:29 PM (12 years ago)
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First come.....First serve lol.
Posted: at 18-07-2011 05:29 PM (12 years ago) | Upcoming
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- maeva at 18-07-2011 05:32 PM (12 years ago)
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VERY GOOD NEWS
Posted: at 18-07-2011 05:32 PM (12 years ago) | Upcoming
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