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The National Youth Service Corps on Monday identified inadequate funding as the major challenge affecting its Skills Acquisition and Entrepreneurship Development programme.
The organisation said that despite the hiccups, it had recorded tremendous success in the implementation of the SAED programme.
In a statement by its Director (Press and Public Relations), Mrs Adenike Adeyemi, Director-General of NYSC, Brigadier-General Shuaibu Ibrahim, stated this in the speech delivered during the 2021 NYSC SAED stakeholders’ meeting and training of desk officers, held in Abuja.
He said the NYSC would not rest on its oars in its quest to sustain and build on the achievements made within the last one year towards making corps members employers of labour.
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The National Youth Service Corps (NYSC) has under its Skills Acquisition and Entrepreneurship Development Programme (SAED), empowered 30 corps members with a total sum of N9 million.
It said the winners, drawn from three states received a package of business mentoring and funding totalling N3,000,000 for corps members per camp.
Speaking at the 2021 NYSC SAED Stakeholders’ Meeting and Training of Desk Officers, held at the National Directorate Headquarters in Abuja, the Director-General, Brigadier General Shuaibu Ibrahim identified inadequate funding as a major challenge affecting its skills acquisition programme.
He said the scheme will strive to ensure that it sustains and build on the achievements made within the last year towards making corps members employers of labour.
By Oghenevwede Ohwovoriole
The Director General of the National Youth Service Corps (NYSC), Brig. Gen. Shuaibu Ibrahim, has identified inadequate funding as the major challenge hampering the scheme’s Skills Acquisition and Entrepreneurship Development (SAED) programme.
Ibrahim stated this on Monday at the 2021 NYSC SAED stakeholders’ meeting and training of desk officers in Abuja.
A statement issued by the Director, Press and Public Relations, NYSC, Adenike Adeyemi, quoted Ibrahim as saying that despite paucity of funds, the scheme has recorded tremendous success in the implementation of the programme.
He said: “The scheme will not rest on its oars in its quest to sustain and build on the achievements made within the last one year towards making corps members employers of labour.
Federal Government said on Wednesday that recorded over $1 billion investment into the automotive industry in 2019.
The Director-General of the National Automotive Design and Development Council (NADDC), Mr Jelani Aliyu made the disclosure at the opening of the two-day investigative hearing into the financial budgetary approvals and multilateral donation on skills acquisition and related programs of the Federal Government and its agencies by House of Representatives Ad-hoc on the matter.
The committee is chaired by Hon. Victor Akinjo.
The committee had alleged that reports submitted to it indicated that contracts worth multi-billion naira awarded by various Ministries, Departments and Agencies (MDAs) for the training/skill acquisition programmes were implemented without Appropriation between 2011 and 2020.
FG attracts $1bn investment into automotive industry FG attracts $1bn investment into automotive industry
• As Reps uncover multi-billion naira extra-budgetary expenditures by MDAs
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The Federal Government, on Wednesday, disclosed that it attracted over $1 billion investment into the automotive industry in the year 2019.
Director-General of National Automotive Design and Development Council (NADDC), Mr Jelani Aliyu, disclosed this at the opening of the two-day investigative hearing held at the instance of the Ad-hoc Committee into the financial budgetary approvals and multilateral donation on skills acquisition and related programs of Federal Government and its agencies, chaired by Hon Victor Akinjo.
He said: “We have the core responsibility of developing the automotive sector, that’s to encourage and promote the assembling and production of the vehicle in Nigeria as opposed to continued importation of them from overseas and exporting jobs and revenues outside of Nig