A total of 48 corps members of the National Youth Service Corps (NYSC) have been credited with various sums of money to finance their businesses after their proposals scaled through the different stages of professional vetting.
According to the official Twitter handle of the NYSC, the business areas cover agriculture, craft, fashion design, education and shoe making, among others.
The NYSC Director General, Brigadier General Shaibu Ibrahim applauded Unity Bank Plc, for providing financial grants to corps members at the NYSC orientation camps in Edo, FCT, Lagos and Ogun states.
According to the Director General of the NYSC scheme, the pilot project of the “corpreneurship” challenge would create opportunities for self employment and wealth creation as well as reduce the increasing rate of unemployed graduates.
He also disclosed that the scheme is determined to move entrepreneurial capacity among youth graduates and create opportunities for self employment and wealth creation.
Ibrahim appealed to the corps members to be determined, focused and avoid cutting corners, as he impressed it upon them that salaried jobs are scarce.
“My appeal to you is to be determined, to remain focused and put into use the training that would later translate to societel development”.
He also urged the corps beneficiaries to be prudent in their spending, avoid indolence and be committed to what Unity Bank has done for them.
The Director General also advised the corps beneficiaries to do peer review of their success and re-strategise for greater output.
The Managing Director and Chief Executive Officer of Unity Bank of Nigeria, Mrs Tomi Shomefun, promised a strong collaboration with NYSC scheme, which will empower more youth for self development.
She commended the Director General for his strong passion for skills acquisition, adding that Unity Bank is expanding the “corpreneurship challenge initiative” to six more additional locations, Akwa Ibom, Kano, Sokoto, Bayelsa, Enugu and Osun states.
Shomefun also said that Unity Bank has been making massive impact in youths development specifically.
She also congratulated the female awardees and adviced them not to disappoint the NYSC scheme and Unity Bank but imbibe the spirit of sincerity of purpose.
She advised the beneficiaries “never to despise the days of little beginnings but hope for greater heights and to take the seed grant that has been given to you to develop yourselves and society.
Mr Hilary Nasamu, the Director of Skills Acquisition and Entrepreneurship Development (SAEA) advised the corps beneficiaries to adhere strictly to the template of their business proposals.
Nasamu said the scheme would continue to watch closely their progress on a quarterly basis.
He urged them to strive to have two employees within the first eighteen months and four employees within the first two years.
“This is a grant without interest, you must continue to dedicate yourselves to this opportunity and don’t forget to seek expert advice at all time”, he advised.