The Director-General, National Youth Service Corps (NYSC), Brigadier General Shuaibu Ibrahim, has disclosed that it remitted over N1billion revenue into the federation account between 2020 and 2021.
He said the sum was generated through its various ventures located in various parts of the country.
The DG made the disclosure when Nigeria’s Permanent Representative to the United Nations, Professor Tijjani Muhammad Bande, paid him a courtesy visit in his office in Abuja.
The NYSC Ventures were created in 2012 as veritable platforms for the training and mentoring of Corps Members for the development of entrepreneurship spirit and contribution to Nigeria’s Gross Domestic Product, thus ensuring self-reliance.
This involves the production of Corps Members’ Kits and other supplies to Orientation Camps nationwide.
These include the scheme’s Garment factories located in Minna, Niger State and Mgbaku, Anambra State, rice Mill in Ezillo, bakery and Water Factory, located in Kubwa, Abuja, Feed Mill in lpaja, Lagos State as well as the NYSC Entertainment Company Limited, which comprises the NYSC Nationa! Band, NYSC National Troupe and the NYSC Movie had been registered.
While also speaking on other notable achievements of the Scheme, he disclosed the completion of its North-West and South-West Zonal Skill Acquisition Centres and commencement of work in the North Central.
He further noted that the process of establishing the NYSC Radio was at an advanced stage.
On his part, the UN Ambassador, Prof. Bande noted that the Scheme is a well-thought-out initiative for the engagement of youths in the nation’s developmental strides.
Bande stressed that matters of youth development were central to the progress of any country, adding that Nigeria had through the NYSC, demonstrated recognition of youths as critical assets.
The diplomat, who noted that the Scheme had broadened the knowledge of youths about the country and instilled patriotic zeal in them, also expressed delight at its current focus on the empowerment of Corps Members for self-employment.
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