HomeECONOMYBUSINESSGowon Banks On Presidential Assent To NYSC Trust Fund Bill Soon

Gowon Banks On Presidential Assent To NYSC Trust Fund Bill Soon

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Former Head of State, retired General Yakubu Gowon, under whose regime the National Youth Service Corps (NYSC) scheme was established, has expressed optimism that the proposed NYSC Trust Fund Bill will soon receive presidential assent.
In a statement, the Director, Press and Public Relations, NYSC, Mr. Eddy Megwa, disclosed that Gowon spoke on Friday in Abuja, Nigeria’s Federal Capital Territory (FCT0, when the NYSC Director-General, Brigadier-General Yusha’u Ahmed, led some management staff of the scheme to pay him a courtesy visit.
The NYSC statement quoted Gowon as saying, “the trust fund will make funds available for youth corps entrepreneurs to establish their businesses and improve the standard of facilities at the orientation camps.”
He also said that the fund would enhance training in Skill Acquisition and Entrepreneurship Development (SAED) programme, among other benefits.
Gowon, while congratulating the NYSC Director-General on his appointment as the 22nd Chief Executive of the scheme, urged him to adopt an all-inclusive style of leadership.
He said: “All the managers of the scheme since inception have done exceptionally well.
“You have a good team to work with; strive and work to leave good legacies.”
The former Nigerian leader also urged Ahmed to use his wealth of experience to take the NYSC to greater heights.
In his response, Ahmed promised to build on the legacies of the founding fathers of the scheme.
The new NYSC boss assumed office as the 22nd director-general of the scheme on January 30, 2023.
The NYSC Trust Fund Bill, which has been passed by both chambers of the National Assembly, will mandate businesses operating in Nigeria to remit one per cent of their net profit to fund the trust fund.

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