News
400,000 NYSC Members to Get ₦100k–₦150k Under FG’s ‘YouthCred’ Initiative
- /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://naijablitznews.com/wp-content/uploads/2025/05/Screenshot_20250510-144430-658x600.jpg&description=400,000 NYSC Members to Get ₦100k–₦150k Under FG’s ‘YouthCred’ Initiative', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://naijablitznews.com/wp-content/uploads/2025/05/Screenshot_20250510-144430-658x600.jpg&description=400,000 NYSC Members to Get ₦100k–₦150k Under FG’s ‘YouthCred’ Initiative', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
By Kayode Sanni-Arewa
About 400,000 corps members are set to benefit from a new federal government scheme called YouthCred.
The initiative, a partnership between CreditCorp Nigeria and the NYSC, aims to provide affordable consumer credit to serving corps members.
According to Dada Olusegun, Special Assistant to President Tinubu on Social Media, the scheme is designed to promote a culture of good credit among young Nigerians.
He noted that the beneficiaries can access loans ranging from N100,000 to N150,000 to sort out urgent needs like clothing, mattresses, phones, and basic furniture.
Dada added that the loan will be repayable during the service year at a single-digit interest rate, making it accessible and manageable for corps members.
According to him, Before loan approval, applicants will be educated on credit scores and responsible borrowing to build financial literacy.
He states that President Tinubu’s administration hopes the program will reshape attitudes towards credit before corps members enter the workforce.
The SA also confirmed that the federal government has already set aside N6 billion for the rollout of the YouthCred scheme.
He said the implementation will start with financial institutions already working with NYSC, and full rollout is expected within the next 12 months.
The statement reads, “As part of efforts to promote good credit culture among young Nigerians starting with corp members, @CrediCorpNG in collaboration with NYSC will be launching a new scheme called “YouthCred”.
“YouthCred is an initiative that will offer affordable consumer credit to corps members.
“Corp members in need of quick cash to sort urgent bills like clothing, mattresses, mobile phones, basic furniture etc that will help them settle down in the new PPAs, will be able to access up to credit facilities of N100,000-150,000 and repay same over the course of their youth service at a single digit interest rate.
“The essence of a good credit score and how it works will be taught to interested corp members before final approvals are granted.
“This is part of President Tinubu’s administration’s efforts to instill values among the young populace and change the narrative about credit even before entering the workforce.
“An initial N6bn has been reserved for this purpose with the launch expected anytime soon.
“Rollout of YouthCred will begin with partner financial institutions that already work with NYSC and related agencies.
“The initiative will target 400,000 corp members over the next 12 months.”
News
2027: Aliyu, Ike Urge INEC to Use Osun Election as Litmus Test
By Kayode Sanni-Arewa
The youngest Presidential Candidate Ambassador Aliyu Bin Abbas, and the Vice Presidential Candidate, Hon. Chinazam Ike of the Action Democratic Party has urged the Independent National Electoral Commission (INEC) to use the forthcoming Osun State Governorship Election as a litmus test for the 2027 General Election.
The duo, in a joint statement on Tuesday, said the Osun election provides INEC an opportunity to demonstrate its preparedness to conduct free, fair, transparent, and credible elections.
They urged the electoral commission to ensure that the processes of voter accreditation, voting, counting, collation, and declaration of results are conducted in accordance with the law.
According to them, any shortcomings identified during the Osun election should be addressed before the 2027 general election.
“Osun should not be treated as just another off-cycle election. It should serve as a critical test of INEC’s readiness for 2027. Whatever shortcomings are identified must be corrected before the general election,” they said.
The ADP candidates also called on political parties, candidates and security agencies to ensure a peaceful electoral environment, while urging stakeholders to reject vote buying, intimidation, violence and other practices capable of undermining the democratic process.
They stressed that Nigerians deserve an electoral system in which their votes are protected and genuinely reflected in the final results.
“Let Osun set a new standard for electoral integrity and demonstrate that Nigeria is ready for a credible 2027 General Election,” they said.
News
Kalu Flags Off Skills Training for 150 Abia Youths
By Gloria Ikibah
Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Kalu, has urged young Nigerians to acquire practical skills that will enable them to become self-reliant and contribute to the development of the country.
Kalu made the call on Monday while flagging off a four-month skills development programme for 150 youths in Bende Local Government Area of Abia State.
The programme, tagged “An Artisan Training on Building Projects”, is sponsored by the African Development Bank (AfDB) and facilitated by Family Homes Funds Limited (FHFL), with the support of the Office of the Deputy Speaker.
Although 150 youths were selected from across Abia State, Bende secured 130 slots, with trainees drawn from each of the 13 political wards in the local government following the intervention of the Deputy Speaker’s office.
Abia and Enugu are the two South-East states selected for the pilot phase of the programme and are the first to commence training in the current cohort.
The programme, which runs from August to November 2026, comprises two months of theoretical training and two months of practical sessions.
Speaking at the opening ceremony in Bende, Kalu, who represents the Bende Federal Constituency, commended President Bola Ahmed Tinubu, the African Development Bank and Family Homes Funds Limited for supporting initiatives aimed at equipping young Nigerians with relevant skills.
He said the programme reflected the President’s commitment to youth development.
“Let me thank my leader in politics, Senator Bola Ahmed Tinubu, a President who is not just saying he loves the youths in words, but doing that through action. This initiative won’t be possible without the help of the President of the Federal Republic of Nigeria. He is the one who has energised Family Home to begin to scout for youths who will be equipped for the future,” Kalu said.
The Deputy Speaker described Nigeria’s youthful population as one of the country’s greatest assets, particularly as the nation prepares for a future in which its population is expected to rank among the world’s largest.
He urged the trainees to remain committed to the programme and resist any temptation to abandon their training midway.
Kalu disclosed that participants who successfully complete the programme will receive certificates recognised nationally and internationally, while job placements had also been arranged for qualifying participants in the first phase.
He urged the beneficiaries to regard themselves as part of the foundation for rebuilding Bende, Abia State and Nigeria.
“The only way you are going to pay Mr. President, the African Development Bank back, Family Home and the Office of the Deputy Speaker back is by showing dedication. Finish the training. What is waiting for you at the end is big.
“The youths are the energy of the nation. The more we equip them, the better we build the nation. If we abandon them, we abandon our future. If we hold their hands, we prepare a nation that generations unborn will be proud of. That is why I am happy to be here, see you all bright and ready to build the nation.
“We decided to go this route because we are looking for what we can give you, that somebody cannot take away from you because it will go with you everywhere you go. The knowledge you acquire from here will germinate into a very big tree that will provide shelter for a whole lot of people.
“I am counting on you, as we want to rebuild Bende, rebuild Abia, rebuild the Federal Republic of Nigeria, I am counting on you. Segment by segment, phase by phase, we will train a whole lot of youths, for them to be able to fend for themselves and fend for their loved ones,” he said.
A representative of Family Homes Funds Limited, Builder Ugwueri John, said the initiative was in line with the Federal Government’s efforts to reduce dependence on white-collar employment by equipping young Nigerians with practical skills.
He thanked Kalu for ensuring that the programme was brought to Bende.
“Thank you for bringing this training to Bende. This training will last for four months, starting from this August to November. It is an intervention programme, keying into the mantra of this present government to equip our unemployed youths with skills.
“It is a skill that drives economy of this nation and our teaming unemployed youths rely on white collar jobs or government jobs. So, the government of the day saw the need to engage our youths in skill development and this one is one of them.
“Out of the 150 trainees selected for the training, Bende has the highest number courtesy of the Deputy Speaker.
“For these four months, we are going to dedicate them to the theoretical aspect of the training for two months which we have already started and practical training for another two months. I want to thank the Deputy Speaker for bringing this training to Bende,” he said.
Speaking on behalf of the trainees, Kalu Chinedu Peter, from Amogwu village in Bende LGA, expressed appreciation to the President and Deputy Speaker for bringing the programme to the community.
“I am one of the trainees. On behalf of my fellow students, we are thanking His Excellency for bringing this particular programme to Bende town. We pray that he will continue to be on that seat till 2031, and we pray that our President, Senator Bola Tinubu Ahmed will continue till 2031. Enemies will never see them,” he said.
Another trainee, Dabara Samuel Fumilayo from Item B in Bende, said the training will have benefits beyond the immediate beneficiaries.
“I want to appreciate His Excellency for his love and care for the youths. Personally, I am keen to be a full partaker of this project because we are not really talking about today, we are talking about our future, not only for us, for the upcoming ones. Whatever we learn here will not only benefit people of Item, Abia and the whole Nigeria, but the world,” she said.
The organisers said the training will be implemented in phases to enable more interested young people to benefit from the initiative.
News
Enikanolaiye Appoints Elesho, Oni As Media Aides to Drive Strategic Communications, Digital and Public Diplomacy
By Gloria Ikibah
The Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, has approved the appointment of two media professionals to strengthen the communication of the ministry’s mandate and the Federal Government’s Renewed Hope Agenda.
The appointments, announced by the Spokesperson of theMinistry, Kimiebi Imomotimi Ebienfa, are Mr Richard Elesho as Special Assistant on Media and Strategic Communications and Mr Raphael Oni as Special Assistant on Digital and Public Diplomacy.
According to the ministry, the two appointees bring decades of combined experience in journalism, public affairs, government communication and media management.
Elesho is a graduate of Delta State University, Abraka, and Kogi State University, Anyigba. He previously served as Chief Press Secretary and Director-General, Media Affairs, to two former Governors of Kogi State, Alhaji Ibrahim Idris and Capt. Idris Wada.
Until his latest appointment, Elesho was the North Central Bureau Chief of The News/PM News.
Oni, described by the ministry as a specialist in diplomatic reporting, has more than 15 years’ experience spanning government communication, public diplomacy and international relations.
An award-winning photojournalist and diplomatic correspondent, he holds a Master’s Degree in International Relations and Diplomacy from the University of Abuja.
He has been the publisher of Diplomats Extra Magazine since 2013, a publication focused on diplomacy and international affairs and read by ministries, departments and agencies, embassies and other stakeholders.
Oni has also served two terms as Secretary-General of the Diplomatic Correspondents Association of Nigeria (DICAN), as well as Secretary-General of the NUJ Correspondents Chapel, Abuja.
The ministry said the appointments were aimed at improving its communication efforts and ensuring more effective engagement with the media and the public on Nigeria’s foreign policy and diplomatic activities.
Ebienfa urged stakeholders to support the new media team and foster a cordial working relationship with the appointees.
“Let us give them the necessary support and looks forward to cordial working relationship with them,” he said.
-
Politics13 hours agoOsun election: Atiku, Aregbesola storm Osogbo for Najeem Salaam
-
News13 hours agoMeet twins who secured NNPC jobs in 2026 without connections
-
Metro13 hours agoMilitary Airstrikes Wipe Out Nine Terrorists In Borno
-
Politics13 hours agoOsun APC Raises Alarm Over Alleged Plot to Blackmail Police With Hired Protesters
-
News13 hours ago‘Helicopter Brought Money For Kidnappers’ – Kwara Victims Rejects Govt’s Claim Of No Ransom
-
Metro13 hours ago23-Year-Old Nigerian Law Student Dies After Incident at 4-Storey Hostel on Lagos Campus
-
News13 hours agoAmb Braimah courts NIDO partnership, pledges welfare, unity, quality representation for Nigerians in Diaspora
-
News13 hours agoAppointment of 4,000 SAs not an issue, says Okpebholo

Warning: Undefined variable $user_ID in /home/naijuinz/public_html/wp-content/themes/zox-news/comments.php on line 49
You must be logged in to post a comment Login