SENATE APPROVES NYSC TRUST FUND BILL SPONSORED BY SENATOR YEMI ADARAMODU, TRANSMITS TO PRESIDENT TINUBU FOR ASSENT:

The Nigerian Senate has approved the National Youth Service Corps (NYSC) Trust Fund Bill, a crucial legislative move sponsored by Senator Yemi Adaramodu, representing Ekiti South Senatorial District. The bill, which aims to address youth unemployment and enhance the NYSC scheme’s capacity, has now been transmitted to President Bola Ahmed Tinubu for assent.  

A year ago, on February 14, 2024, Senator Adaramodu, who also serves as the Chairman of the Senate Committee on Youth Development and Community Engagement, introduced the bill to provide skill acquisition opportunities, improve the welfare of corps members, and upgrade NYSC orientation camps across the country.  

With its final approval by the Senate, the bill is set to revolutionize the NYSC program by creating a sustainable funding mechanism to empower Nigerian graduates. The development has been hailed as a major step towards tackling graduate unemployment and strengthening national development efforts.  

#YouthDevelopment

#NYSC

#TrustFund

#NigerianSenate

#SenatorYemiAdaramodu

Location: Abuja, Federal Capital Territory, Nigeria

Comments

Post a Comment

Popular posts from this blog

Governor Makinde Orders Oyo State Local Government Chairmen to Back Out of ALGON:

Image
_Mandates Stepping Down from ALGON before 5th August_ In a new turn of event, showing that the Executive Governor of Oyo State, Engr Seyi Makinde is yet to get over the Supreme Court judgement on the Local Government Financial Autonomy; Governor Makinde has ordered all the Chairmen in Oyo State, to back out of ALGON, in his bid to continuously lay hold of the Local Governments in Oyo State, against all legal proceedings, and procedures. Also, Governor Makinde has mandated all the Chairmen in the state to address the press, and renounce their ALGON Memberships before he leaves for his supposed vacation, on or before 5th August 2024. This is part of the recommendations from the  Committee set up by  Governor Makinde to review the recent judgement of the Supreme Court on Local Government Financial Autonomy. Recall that, Governor Seyi Makinde has been against Local Government Autonomy since he assumed office, both in his first tenure and as part of his manifestos for his second te...
Read more

LG Autonomy: Makinde Devices Another Means to Swindle LG Funds:

Image
_Directs LG Chairs to Open another Account to receive Funds_ In another turn of events, the Executive Governor of Oyo State, Engr. Seyi Makinde, has deviced another way to swindle Local Government funds. Governor Makinde, yet to come to terms, on the Supreme Court ruling over LG Autonomy, has been trying all possible means to ensure that, the funds accruing to the local governments in Oyo State remains under his control. To further sabotage the process of transferring allocations directly to the LG accounts, Governor Makinde has directed all LG Chairmen in Oyo State, to open accounts with First Bank. The directives were given to ensure persistent manipulation of LG funds, which has been the order of the day for so long a time, as the Oyo State Governor asked the Chairmen to submit the newly opened First Bank accounts for payment of allocation, even as previous LG accounts with First Bank remains active. This could be part of the outcome of the meeting held with the LG Chairmen on Monda...
Read more

Federal Polytechnic Ayede- Administrative Recklessness and Allegations of Embezzlement:

Image
By Aremu Ezekiel Olarinre In the heart of Ogbomosho, the Federal Polytechnic Ayede-Ogbomosho, established in 2022, has come under intense scrutiny as allegations of administrative recklessness and embezzlement of academic funds surface. Despite billions of Naira allocated to the institution over the years, stakeholders are left questioning the tangible outcomes of such investments. Reports indicate that the current Rector, Dr. Taofeek Adekunle Abd-Hameed has allegedly filled key administrative positions with numerous allies, often placing them in roles above other staff with merit. This practice not only raises concerns about favoritism and nepotism but also undermines the morale of meritorious employees who feel marginalized in the institution. The construction of the permanent campus site, which was expected to symbolize progress and development, has stagnated significantly, with little to no visible advancements. The situation is further exacerbated by the alarming collapse of the g...
Read more