Friday 27 November 2015

NYSC seeks loans for corps members with business ideas

National Youth Service Corps (NYSC)
The National Youth Service Corps has urged corporate entities and wealthy individuals to emulate the Bank of Industry which provided N2bn loan to fund corps members with good business ideas.

The Osun State Coordinator of the NYSC, Mrs. Regina Iluebbey, stated this in an interview with journalists on Friday on the sidelines of the swearing in ceremony of 2015 Batch B Stream II at the NYSC Permanent Orientation Camp in Ede.

She said providing soft loans for corps members with business ideas would assist making them to become job creators.
Iluebbey said, “The Graduate Entrepreneurship Fund of the BoI with the NYSC is a laudable idea. We wish the scheme could be bigger than what t is now. Making it bigger will accommodate more corps members who have good ideas.
“We want other corporate bodies, banks and even wealthy individuals to emulate the Bank of Industry in this area. Many of the corps members have wonderful business ideas and the soft loan will help them to transform their ideas into thriving business enterprises.”

Credit: Punch

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