NYSC Remits Massive Sum to FG's Account, Presidency Reacts

NYSC Remits Massive Sum to FG's Account, Presidency Reacts

  • The NYSC recently proved again that it is not dependent on the federal government to survive financially
  • This was as the scheme on Saturday, November 20, announced that it has remitted the sum of N511 million to the government's account
  • This was commended by the presidency on Saturday which spoke through a presidential media aide, Lauretta Onochie

The National Youth Service Corps (NYSC) on Saturday, November 20, remitted the sum of N511 million to the federal government's account as part of its 2021 operating surplus.

Commending the great effort on Saturday, one of President Muhammadu Buhari's media aides, Lauretta Onochie, expressed gratitude to the service.

Onochie added that if it were in the past, the money would have been looted by some public officials.

Lauretta Onochie
Onochie said the same money, if it were in the past, would have been stolen (Photo: Lauretta Onochie)
Source: Facebook

PAY ATTENTION: Join Legit.ng Telegram channel! Never miss important updates!

Read also

Delta youths making difference in nation's economy, says Governor Ifeanyi Okowa

She wrote on her Facebook page:

"NYSC remits ₦511m to Federation Account as part of its 2021 operating surplus.
"Thank you #TeamNYSC. In the past, this money would have been looted."

Announcing the feat earlier, NYSC'sdirector general, Shuaibu Ibrahim, noted that the scheme will not fail in its commitment not to remain dependent on the government, Leadership reports.

Ibrahim stated the NYSC is poised to harness the potentials of corps members and urged citizens to take care of members in their communities.

His words:

“When I came I said we didn't have to continue being a begging agency depending on the government. So we rejigged our table water, bakery, among others. Last year we generated N280m which we put into the federation account.
“For 2021 we generated N511m which we also paid into the federation account and these are contributions to the national economy and I can assure you, corps members, with their talents we are exploring them."

Read also

NCC's executive secretary, ITF boss win big as 2021 winds up

Great news as Buhari launches new scheme to employ ex-NYSC members

Meanwhile, the President Buhari-led government on Tuesday, August 31, launched Nigeria Jubilee Fellows Programme aimed at creating new opportunities for 20,000 fresh graduates each year.

In his remark during the launch of the scheme at the Presidential Villa, President Buhari expressed certainty that the programme would provide mentorship and support in various fields for young Nigerians.

He noted that the programme would equip beneficiaries with working experience in sectors of the economy like sectors information and communications technology, financial services, trade, manufacturing, agriculture and agro-processing, mining, telecommunications, creative industries and technology, education, health, research and development.

Source: Legit.ng

Online view pixel