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Banks Ready To Give Ex-NYSC Members Loans – Coordinator

The National Youth Service Corps has assured corps members passing out from the one year national service that loan facilities would still be available to them to start their businesses.
Abdulrazak Salawu, the NYSC FCT Coordinator, said this while addressing the 3,468 corps members of the 2016 Batch ‘A’ Stream I during their passing out in Abuja on Friday.
Salawu, who noted that there were no white-collar jobs lined up, said financial institutions were still ready to grant loans to corps members who were interested in starting up and running their own businesses even after the service year.
He said: “Financial institutions are still ready to give you loans even after your service year.
“The Bank of Industry, Heritage bank, even the NYSC Foundation is still ready to give you loans to start up your businesses.
“Some of you do not know what it means to pass out from national service until next month when the alert will not sound again; that is when you will remember that certainly you are no longer corps members and there is no N19,800 again.
“Because of that, we have prepared you through the Skills Acquisition and Entrepreneurship Development Programme; some of you, I am sure, are already making money.
“And if you need money to continue, the banks are still open to you.

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