[img]http://i1.wp.com/www.newspotng.com/wp-content/uploads/2015/07/CBN-Emefiele-2-e1436374908367.jpg?zoom=1.5&resize=615%2C392[/img]

The Central Bank of Nigeria on Tuesday launched an empowerment scheme aimed at creating a new set of entrepreneurs among members of the National Youth Service Corps and fresh graduates.

The CBN Governor, Mr. Godwin Emefiele, who launched the Youth Initiative Entrepreneurship Development Programme for corps members, said the scheme would be implemented by the central bank and Heritage Bank.

He said the initiative would enable serving corps members as well as fresh graduates with good business ideas to assess N3m to start up their business.

The governor stated that while the loan would be given to corps members at single digit interest rate, they would be required to deposit their NYSC discharge certificates as collateral for the credit facility.

According to him, the bank is targeting 10,000 youth corps members in the pilot phase of the scheme, adding that this would help to create about one million direct jobs in the next four years.

http://www.punchng.com/inflation-rises-to-three-year-high-at-11-4-2-2/

Good news

That's good. But, some group of people will still boycott it trust me.

Hmm...all this Greek gift.Depositing discharge certificate,what if the business fails as a result of a force majeur.?

..... Good News .

Don't use that as a cover up EFCC should investigate your secret recruitment of unqualified sons n daughters of political personnel u employed.

Na know me I know you scheme...

We know how e dey go

Ok oooo

Ok. A step in a right direction

What about the fresh graduates?

Okay now.
SEGREGATION GO START NOW

Ok

Brilliant

really?

Make them leave classroom be that..

Hmm
Nepotism
Padi padi
Segregation
Settlement

Ti take over

This is super storyyyyyy.

It's about time

How do you differentiate those with good business ideas?

nice if transparently done.
it shouldnt be a way of rewarding cronies

NYSC dispatch certificate as collateral...ahahahaha na dat one kill me.

Na Econs I read, na Fashion, Web & Graphic Designer I be. I dont bliv it... U must knw smb... NYSC cert ain't enuf.

Good news buh are u sure fg is gonna implement it...its dougi again

Encouraging

Certificates as collateral..


3M sha..


Change.

Naso we dey always hear am. The money will be shared among the children of politician.

Perfect. Best initiative so far

God bless APC

God bless Buhari and his suppoters

1st good news since d beginin of 2016..even those almajiri will start going to sch nw so dat dey cn tap frm dis opportunity also,nice 1.

Good initiative but CBN ought to have extended this to unemployed graduates ready to deposit their school and NYSC certificates as collateral, and not only current serving corps members.


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Okay oo

That's awesome but some desperate nigerians will abandoned their Certificates and vanish with the money

This a welcome idea ,you squandered the fund you forfeited your certificate shekinnah

Now you're talking. So una get sense like this? Abeg more sense to the head of govt.

Lmao @using NYC Certificate as collateral

Scam...10000 kor 2,000 nii...when to pay state alawee na ish,

Them for kukuma dash all corpers money now...
Fg and their unending scamms,nysc being at the top of the list