The National Youths Service Corps( NYSC), Central Bank of Nigeria and other commercial banks have concluded plans to disburse N 100 million loans to corps members.
The other banks are Bank of Agriculture, Bank of Industry, Heritage Bank, as well as the NSYC Foundation.
According to NYSC Coordinator in Sokoto state, Musa Abubakar, the gesture was to enable corps members establish small-scale enterprises and become employers of labour.
Each of the benefittng corps members would be given a minimum of N3million and a maximum of N10 million.
This was disclosed this Friday at the NYSC Cultural Carnival organized to boost peace, unity and integration of the nation.
Abubakar said the NYSC management had also signed a Memorandum of Understanding with the Sustainable Development Goals (SDGs) in that direction.
He expressed optimism that the gesture would help in reducing poverty, unemployment, restiveness and criminalities.
