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CBN, Heritage Bank, NYSC disburse N774M to 310 YIEDP Beneficiaries

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The Central Bank of Nigeria (CBN), Heritage Bank Plc, Nigeria’s most innovative banking services provider and The National Youth Service Corps (NYSC) have disbursed a whooping sum of N774million to 310 beneficiaries under the Youth Innovative Entrepreneurship Development Programme (YIEDP).

Speaking at the flag-off ceremony for the disbursement of funds to young entrepreneurs under the YIEDP, on Thursday, the CBN Governor, Mr. Godwin Emefiele, commended Heritage Bank for its painstaking effort to buy into the vision of job creation and piloting the programme to a successful stage.

The governor, who was represented by the Deputy Governor, Corporate Services, Alhaji Suleiman Barau, said the CBN in partnership with Heritage Bank and NYSC instituted the programme to reduce the alarming rate of unemployment affecting over 16 million unemployed youths in Nigeria, adding that the access to credit via this platform would be a powerful instrument to grow businesses and the economy.

He noted that the YIEDP was part of the plan by the CBN and the Federal Government to create over one million direct jobs by 2020.

Emefiele, who affirmed that the programme would have a multiplier effect on job creation and economy, urged all the beneficiaries to make judicious use of the fund.

He added that the YIEDP has the potential of becoming the stimulus for job and wealth creation, growth and economic development through improved access to finance for young entrepreneurs.

He also assured the business community that the CBN would continue to provide enabling environment, devise ways and means to grow the real sector towards a self-reliant economy.

Speaking in the same vein, Managing Director, Heritage Bank Plc, Mr. Ifie Sekibo, stated that the beneficiaries would get the fund as soon as certain concerns raised by the beneficiaries regarding the conditions for the loans are addressed.

According to Sekibo, who was represented by Group Executive Director, Lagos /South-West Corporate and Banking of Heritage Bank, Mrs. Mary Akpobome, a proper process of disbursement would be done to the benefit and happiness of all parties.

He said, “They will get the money as soon as all those issues they raised are addressed. The money is available. They have been disbursed. CBN has disbursed to the bans. It is now about sorting out whatever the challenges are, and then the funds are now made available.” Read more

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Entertainment

NYSC certificates to bear corps members' photographs

The National Youth Service Corps will tomorrow October 15, 2015 begin the issuance of certificates bearing embossed photographs of corps members. The new certificates also contain back code with security numbers.
This was disclosed by the Director-General of NYSC, Brig.-Gen. Johnson Olawumi at the unveiling of the newly improved certificate of national service.

“In our concerted effort to make the operation of the NYSC conform with global best practices, the scheme engaged in the holistic “e-nysc solution” with effect from batch ‘C’ 2014, where prospective corps members register online before proceeding to the orientation camps.

“This resulted in the enhancement of issuance of NYSC certificates namely: Certificate of National Service, Certificate of Exemptions, and Letters of Exclusion.
“With effect from Batch ‘C’ 2014, all certificates of national service bear passport photographs of the corps member at the upper right hand corner of the certificate.
“This is to guarantee the security of our certificates from forgery and to block all chances of impersonation.
Therefore, Batch ‘C’ 2014 corps members, who are due to pass-out on Thursday, 15 October 2015, will have their certificates embossed with their photograph.
“Employers are encouraged to forward any certificate purportedly issued by the scheme for verification of its authenticity or otherwise.
“Effort is being made by the scheme to also make the verification of all NYSC certificates to be automated for easy access by the general public.”

The director also implored members of the public especially employers to ensure that they verify the NYSC certificates of prospective employees.

“You do not have to come to the headquarters just go online and verify the authenticity of the certificate. This will ensure that the people you are recruiting are the real owners of the document.

“Those who qualify for the certificate of national service are those who participated in the youth service right from the orientation till passing out.
“Those who qualify for the certificate of exemption are graduates who are above 30 years at the time of graduation or recipients of the National Presidential Honours Award.
“Persons who have joined the Armed Forces, Police, National Intelligence Agency (NIA) and the Department of State Security (DSS) are also issued certificates of exemption.‎
“Letters of exclusion are issued to part-time and distance learning students and those who have not been able to pass through the normal university or polytechnic system.” 

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NYSC: First Class graduates to serve in universities.

The Director-General, National Youth Service Corps, Brig-Gen. Johnson Omawumi has announced that graduates with first class degrees would, henceforth, be deployed to teach in tertiary institutions.
He said this during a two-day pre-mobilisation workshop for the 2015 Batch ‘B’ NYSC programme in Kaduna.

“All corps members who graduated with First Class honours, Distinction Degrees and Diplomas will be posted to tertiary institutions for effective utilisation of their manpower.

“The posting policy of the scheme is being vigorously implemented for the achievement of the desired impact.
“I, therefore, appeal to the authorities of all tertiary institutions of learning to reciprocate this gesture by accepting and offering them permanent appointments after service.”

He also added that an online certificate verification procedure would be introduced to make participation in the scheme more transparent.
“This is focused at further simplifying the procedures for certificate verification and enquiries as to whether some individuals participated in national service by making the process more transparent and less cumbersome.” He continued, “Pursuing its firm resolve to ensure that the mobilisation process is transparent and 21st century compliant, the management of the scheme introduced the online registration platform to ease the entire exercise.


“The initiative is now widely accepted and applauded by all stakeholders today because the initiative has eliminated cases of registration by proxy and also granted easy access to call-up letters by prospective corps members.
“Arrangements have also been concluded for the setting-up of a help desk, where prospective corps members can get quick response to the challenges they may face while registering online.”‎

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Source: PUNCH
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Entertainment

Ebola: NYSC orientation program to last for 2 days in 9 Nigerian states

According to the Nigerian Tribune, the Directorate of the National Youth Service Corps (NYSC) has announced that the 2014 Batch B Orientation program which would kick off between September 1st – 8th 2014 would last for 2days instead of the usual 21 days in 9 Nigerian States.

This according to the report is to prevent the spread of the Ebola Virus Disease. States affected include Lagos, Adamawa, Bauchi, Borno, Gombe, Jigawa, Kano, Osun, and Yobe.

I really think Rivers should be in the list.

Source: Tribune

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Entertainment

NIGERIA UNVEILS TOLL-FREE RAPE HOTLINE

This I would term an epoch-making decision. Honourable Minister of Youth development, Bolaji Abdullahi on December 5, 2011 launched Nigeria’s first anti-rape toll free helpline. The aim however is to enable rape victims or witnesses of such act call the authority for assistance.. The 12 digit helpline 080072732255 is on a test run phase which is between 8 am-5pm on Mondays – Fridays.
The Minister said the decision was borne out of the need to show the commitment of the ministry to sensitizing and eradicating rape amongst youths.
“We cannot fold our arms and do nothing when our sisters and daughters are sexually violated with impunity. I have instructed the NYSC to set up CD groups to deal with the issue of rape and other forms of sexual violence against young women. ”
Source: Ladybrille

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