Friday 27 November 2015

NYSC urges banks to grant corps members loan

The National Youth Service Corps has urged banks and other corporate entities and individuals to emulate the Bank of Industry which provided N2bn loan to finance corps members with good business ideas.

The Osun State Coordinator of the NYSC,  Mrs. Regina Iluebbey, said 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, Osun State.
The NYSC boss said providing soft loans for  corps members with business ideas would assist in making them job creators and would help in solving the problem of unemployment confronting the nation.
She said, ” The Graduate Entrepreneurship Fund of the BoI with the NYSC is a laudable idea. We in the NYSC wish the scheme could be bigger than what it 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.

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