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Nairaland Forum / Nairaland / General / NYSC / Boi Establishes N2bn Fund For NYSC Members (19695 Views)
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Boi Establishes N2bn Fund For NYSC Members by RemyMartins(m): 11:06am On Oct 07, 2015 |
The Bank of Industry has established a N2bn entrepreneurial fund for members of the National Youth Service Corps. The Graduate Entrepreneurial Fund was jointly launched by the bank and the NYSC in Lagos on Monday. The Managing Director, BoI, Mr. Rasheed Olaoluwa, stated that the initiative was meant to provide solution to graduate unemployment in Nigeria. Olaoluwa noted that judging by the National Bureau of Statistics’ data that of the over 250,000 graduates that enrolled in the NYSC scheme each year, over 41 per cent were without employment after the mandatory programme, because job creation had not kept pace with the growth in the country’s working population. The BoI MD commended the NYSC Directorate for promoting an entrepreneurial mind set among the members through its Skills Acquisition and Entrepreneurship Development initiative. The SAED, a capacity building programme, was introduced in March 2012 by the NYSC as part of its orientation course content with the aim of raising an army of entrepreneurs that will drive the economy instead of job seekers trudging the streets in search of jobs. Olaluwa noted, however, that corps members were usually deprived of the full benefits of the programme because they often engaged in numerous other activities during the orientation programme. According to him, this also inhibits their ability to generate bankable business plans that can attract funding by financial institutions. http://www.punchng.com/business/business-economy/boi-establishes-n2bn-fund-for-nysc-members/ 6 Likes |
Re: Boi Establishes N2bn Fund For NYSC Members by alegbeleye(m): 11:08am On Oct 07, 2015 |
FTC *wink* |
Re: Boi Establishes N2bn Fund For NYSC Members by Mustack: 11:31am On Oct 07, 2015 |
i pray i get this benefit because i have alot to offer after my school 1 Like |
Re: Boi Establishes N2bn Fund For NYSC Members by anonimi: 1:31pm On Oct 07, 2015 |
Really Is this how Buhari wants to fulfill this campaign promise => www.nairaland.com/attachments/2491559_twimg20150606110308_jpeg4924ed8fc95c29bd13a67cca7f6c6f8e or may be it is to fulfill one or all of the following promises => [img]http://i.onthe.io/vllkytaHR0cDovL2Nkbi0wMS5uYWlqLmNvbS9vL1V6ZFdvaHFUeExMMUZ2SXY2Q1UxQVNWSy5qcGc=.prx.r800x600.b56815dc.jpg[/img] [img]http://i.onthe.io/vllkytaHR0cDovL2Nkbi0wMS5uYWlqLmNvbS9vL3dObkJ2Mmc1cFl6QjJkblFua0UycVZJTy5qcGc=.prx.r800x600.3eeade4c.jpg[/img] 3 Likes 1 Share |
Re: Boi Establishes N2bn Fund For NYSC Members by damton(m): 1:31pm On Oct 07, 2015 |
Laudable gesture. it's been long overdue. 3 Likes |
Re: Boi Establishes N2bn Fund For NYSC Members by shegelu: 1:31pm On Oct 07, 2015 |
Good news 1 Like |
Re: Boi Establishes N2bn Fund For NYSC Members by tolexy007(m): 1:32pm On Oct 07, 2015 |
Good, but i pray it is distributed to proper cahnnel....cos sometimes, na only news paper you go see am, the money no go reach the right place 6 Likes |
Re: Boi Establishes N2bn Fund For NYSC Members by Akynzodeighbour(m): 1:32pm On Oct 07, 2015 |
na state coordinator's go chop am finish 4 Likes |
Re: Boi Establishes N2bn Fund For NYSC Members by Nobody: 1:32pm On Oct 07, 2015 |
Olaoluwa noted that judging by the National Bureau of Statistics’ data that of the over 250,000 graduates that enrolled in the NYSC scheme each year, over 41 per cent were without employment after the mandatory programme..."Nonsense One more reason to scrap this useless programme 1 Like |
Re: Boi Establishes N2bn Fund For NYSC Members by GentleYoung(m): 1:32pm On Oct 07, 2015 |
I pray it's not like youwin,that they were selecting their family members and relatives from abroad. Madam NOI |
Re: Boi Establishes N2bn Fund For NYSC Members by kelvyn7: 1:33pm On Oct 07, 2015 |
wooow |
Re: Boi Establishes N2bn Fund For NYSC Members by Nobody: 1:33pm On Oct 07, 2015 |
This is good news... Hair dressers, tailors, weavers, welders etc... Time to be your own boss. |
Re: Boi Establishes N2bn Fund For NYSC Members by ayobamdgreat(m): 1:33pm On Oct 07, 2015 |
Good move. |
Re: Boi Establishes N2bn Fund For NYSC Members by stevealibi: 1:34pm On Oct 07, 2015 |
No form of collateral?' how wld dere recoup dia aid bck' I smell a rat sumwhere |
Re: Boi Establishes N2bn Fund For NYSC Members by maxiuc(m): 1:34pm On Oct 07, 2015 |
This news hmmmmmm oya let me tell my babe so that She can go nd get her own enough of UC I want this I want that |
Re: Boi Establishes N2bn Fund For NYSC Members by becah(f): 1:34pm On Oct 07, 2015 |
Eye service |
Re: Boi Establishes N2bn Fund For NYSC Members by Nobody: 1:34pm On Oct 07, 2015 |
Did I make first page? If I did, how do I access it. Is it going to be another YOUwin program? I know how to produce manure. We need it in the ministry of agriculture |
Re: Boi Establishes N2bn Fund For NYSC Members by Adesiji77: 1:35pm On Oct 07, 2015 |
Good move if it is not politicised. 1 Like |
Re: Boi Establishes N2bn Fund For NYSC Members by mistabiola: 1:35pm On Oct 07, 2015 |
★★★Nice move but I don't trust Nigeria system ★★★~ ©Mistabiola® |
Re: Boi Establishes N2bn Fund For NYSC Members by Pavore9: 1:35pm On Oct 07, 2015 |
l hope it works. |
Re: Boi Establishes N2bn Fund For NYSC Members by Nobody: 1:35pm On Oct 07, 2015 |
All we hear is but millions and billions.... Yet we no see d impact... NiGerIa which way na,! * sipping* chilled vodka 1 Like |
Re: Boi Establishes N2bn Fund For NYSC Members by osazeeblue01: 1:35pm On Oct 07, 2015 |
Ok. But is for the nysc official. |
Re: Boi Establishes N2bn Fund For NYSC Members by Ade5(m): 1:35pm On Oct 07, 2015 |
Two billion naira that will materialise or vanish into thin air? 1 Like |
Re: Boi Establishes N2bn Fund For NYSC Members by ITSaWRAPPP: 1:35pm On Oct 07, 2015 |
Nice initiative. Loan is not enough to ensure a successful business venture, the awardees also need to be trained on financial and business management. Classroom knowledge is not enough. Fellow Nairalanders, please check out our incredible offer below |
Re: Boi Establishes N2bn Fund For NYSC Members by Truckpusher(m): 1:39pm On Oct 07, 2015 |
The same money that the same staff and directors of the same BOI would give to themselves as loans and grants leaving the NYSC members gasping for breath. smh 4 Likes |
Re: Boi Establishes N2bn Fund For NYSC Members by warrior01: 1:40pm On Oct 07, 2015 |
Good but people with light fingers like Fashola and Amaechi shouldn't near there o! 1 Like |
Re: Boi Establishes N2bn Fund For NYSC Members by slap1(m): 1:41pm On Oct 07, 2015 |
I hope they won't need work experience to grant access to the loan. 2 Likes |
Re: Boi Establishes N2bn Fund For NYSC Members by tym92(m): 1:43pm On Oct 07, 2015 |
Ok na... |
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