Connect with us

NEWS

Stakeholders express delight in the establishment of the NYSC Trust Fund.

Published

on

Stakeholders at the recently concluded symposium on the imperatives of an NYSC Trust Fund have expressed delight at the prospects of such a laudable initiative if established. The symposium, which had the theme “Consolidating the gains of the NYSC in Youth Empowerment and National Development in the face of Economic Realities: The Imperatives of a Trust Fund”, brought together various stakeholders across the country.
Those interviewed highlighted the necessity of the NYSC Trust Fund in the face of economic realities occasioned by the coronavirus pandemic. A development expert, who pleaded anonymity, stated that the establishment of the NYSC Trust Fund would serve as a critical interventionist vehicle to harness the vast potentials of youths in the country.
“ What we must realize is the huge potentials in the youthful population in Nigeria, and when we have such a vehicle that would harness these potentials, the rational thing to do is to hit the ground running as soon as practicable.”
The Minister of the FCT corroborated this much. He stated that the establishment of the NYSC Trust Fund could not have come at a better time in cognizance that the NYSC can drive Nigeria’s economic recovery process, through the empowerment of its teeming youth, given the budding talents at its disposal.
Dr Ifeuko Amadi, a civil society organization representative at the symposium, stated that the NYSC Trust Fund is as exciting and interesting because of the positives that would accrue to the country.
“We must begin to think outside the box in efforts at addressing the myriads of socio-economic challenges in the country. This is no doubt a laudable initiative that could not have come at a better time than now. The prospects are unimaginable, and if properly implemented, it could serve as a model for sustainable growth and development, not just in Nigeria, but across the African continent.”
In his remarks, the NYSC DG stated that the NYSC Trust Fund initiative came about after extensive consultations to strengthen the operations of the NYSC, in the same manner, the Tertiary Education Trust Fund, the Police Trust Equipment and the Petroleum Technology Development Trust Fund.
“The NYSCTF, when operational, would help address the infrastructural and other logistics needs that would aid the smooth operations of the scheme, while resources from the Fund would support staff training for higher productivity. “
This view was supported by the vast majority of stakeholders, who commended the NYSC Management for the initiative to propel the economic recovery process in Nigeria. Mr Stanly Anene, a representative of the Youth Empowerment and Development Initiative, stated that the NYSC Trust Fund could bridge the gap in youths’ contributions to national development. “The youths are always referred to as the leaders of tomorrow. The youths can be referred to as the nation’s backbone and have a higher success rate to change the dynamics to have a new model modification in the society. The youths are needed to serve as the lubricants for wheels of change and the NYSC Trust Fund presents us that unique opportunity to turn things around in the country.”
He further added that it was a thing of delight for the establishment of the NYSC Trust Fund and indeed a welcome development.
This was the general view of other stakeholders at the symposium. They opined that the NYSC Trust if established, would add bite to the Skill Acquisition and Entrepreneurship Development initiative of the NYSC through adequate provision of training facilities and required funds for startups.
The visibly elated stakeholders further emphasized the need for the government to expedite action towards establishing the NYSC Trust Fund. They stated that the benefits of the NYSC Trust Fund could not be overemphasized. Emmanuel Bwala, a youth empowerment advocate, noted that the NYSC Trust Fund is long overdue given the strategic importance of the NYSC in national development.
“The NYSC as a scheme has contributed to nation-building over the years, aside from serving as that vehicle for national integration. Therefore, establishing the NYSC Trust Fund would make the scheme robust in delivery to the national development. It is indeed a well thought out initiative that the government must accord all necessary seriousness.”
It would be recalled that the DG of the NYSC, Brig Gen. Shuaibu Ibrahim, had advocated for the establishment of the NYSC Trust Fund to cater for the financial empowerment of corps members as they pass out of service. He emphasized that the NYSC Trust Fund would help them establish their vocational businesses with the skills they acquired from the NYSC Skill Acquisition and Entrepreneurship Development Programme in service.
Also, some stakeholders had lent their support, stating that the establishment of the NYSC Trust Fund would reduce unemployment amongst youths and curb the crime rate in the country.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

* Copy This Password *

* Type Or Paste Password Here *

NEWS

Nigerian Born Int’l Journalist, Livinus Chibuike Victor, attempts to attain Interviewing Marathon of 72hours 30 Seconds

Published

on

Journalists plays an essential role in promoting transparency, challenging power, and giving a voice to the voiceless. Despite increasing threats to press freedom across the world.

As the world reflects on the vital role journalists play in upholding democratic values, Livinus Chibuike Victor, Imo State born globally acclaimed journalist, proudly announce a historic Guinness World Record attempt for the longest interviewing marathon, with the Theme (NIGERIA OUR STRENGTH) scheduled to take place from 28th September to October 1st 2025, at Tangier Hotel, 34, Ekukinam street, Besides ABC Transport, Utako, Abuja.

The record attempt according to Victory, aims to highlight the enduring impact of journalism in a democratic society, a profession that continues to educate, empower, and hold those in power accountable. In an age where truth is often under siege, this initiative seeks to draw attention to the essential need for a free, ethical, and fearless press.

“Democracy is impossible without an informed public, and journalists are the ones who make that possible, “This attempt is not just about setting a new world record; it’s about celebrating truth, integrity, and the powerful role journalism plays in building and sustaining open societies.

The Guinness World Record attempt will feature a series of activities designed to engage the public, celebrate press freedom, and honor the sacrifices made by journalists around the world.

Members of the public, media professionals, and civic leaders are invited to witness and support the event as it unfolds over three inspiring days at the Tangier Hotel, Ekukinam Street, Utako,.Abuja, Nigeria.

About Livinus Chibuike Victor
Livinus Chibuike Victor is a Nigerian journalist known for his fearless reporting and advocacy for Press Freedom. He has worked tirelessly to promote transparency and accountability in society through his work.

Continue Reading

NEWS

South East NUJ hosts homecoming, awards Chris Isiguzo Lifetime Achievement Honour

Published

on

By

The immediate past National President of the Nigeria Union of Journalists (NUJ), Chief Dr. Chris Isiguzo (MFR), has been celebrated with a Lifetime Achievement Award by journalists from the South East Zone C during a special homecoming held in his honour at the NUJ Enugu Council Press Centre.

Speaking at the event, NUJ Vice President (South East), Comrade Ezenwa Adiuku, said the recognition was in appreciation of Isiguzo’s remarkable leadership and contributions during his tenure as National President. He described him as “a pathfinder, a trailblazer, a mentor, and a leader,” noting that he positioned the South East as a strong voice within the Union.

Chairman of the occasion and SSA to the Enugu State Governor on External Media Relations, Mr. Uche Anichukwu, stressed the importance of quality leadership recruitment in a democracy, urging citizens to reject vote buying and selling. He charged the media to intensify civic education to ensure credible leadership choices.

The current NUJ National President, Comrade Alhassan Yahya, praised the South East leadership for honouring Isiguzo, adding that it was the first time a sitting national president would honour his predecessor. He expressed confidence in the new Enugu Council leadership under Comrade Obinna Ogbuka, urging members to give full support.

In his response, Isiguzo expressed gratitude to the Union, recounting his administration’s achievements such as member registration, creation of the NUJ website, restoration of peace in councils, improved relations with state governments, and enhanced staff welfare.

Delivering a keynote address on “Leadership Recruitment Amid Challenges of Poverty: The Role of the Media”, UNN Vice Chancellor, Prof. Simon Uchenna Ortuanya, represented by Prof. Olaiwola Usman, linked Nigeria’s poverty crisis to poor leadership choices, stressing the media’s role in promoting credible recruitment of leaders.

The high point of the ceremony was the presentation of the NUJ South East Zonal Lifetime Achievement Award portrait to Isiguzo by Comrade Yahya, alongside tributes from NUJ and NAWOJ leaders.

Continue Reading

NEWS

NSITF mourns Afriland Towers fire VICTIMS, calls for stronger workplace safety

Published

on

By

The Nigeria Social Insurance Trust Fund (NSITF) has expressed deep sorrow over the lives lost in the recent fire at Afriland Towers on Broad Street, Lagos.

The Fund said its thoughts are with the families, colleagues, and organisations affected, including the Federal Inland Revenue Service, United Capital Plc, UBA, Afriland Properties, and others.

NSITF’s Managing Director and Chief Executive, Barr. Oluwaseun Faleye, sent heartfelt condolences, saying: “Our hearts go out to those who have lost loved ones. We stand with you in this time of grief.”

He also commended the courage of emergency workers and the swift action of the Lagos State authorities in containing the situation.

To support those affected, NSITF has activated its Lagos support desk to work with employers, families, and government agencies. The desk is helping with incident reports, claims processing, and benefits under the Employees’ Compensation Scheme.

This covers dependants of the deceased as well as rehabilitation support for survivors. “Our case officers are ready to guide families and employers every step of the way,” Faleye assured.

The Fund noted that the tragedy highlights the importance of workplace safety and the need for organisations to take precautions to prevent such disasters.

NSITF urged all employers to: Strengthen workplace safety measures and emergency protocols, especially in high-rise buildings and around backup power systems.

Report incidents quickly to NSITF so support can be provided without delay.

Ensure their organisations are registered with NSITF and that Employees’ Compensation contributions are up to date to guarantee full protection for their workers.

“These measures can save lives, reduce risks, and ensure timely support for those in need,” Faleye stressed.

On behalf of NSITF’s Board, Management, and Staff, he extended the Fund’s deepest sympathies to all those affected, pledging continued collaboration with the Federal Government and Lagos State authorities to protect Nigerian workers.

May the souls of the departed rest in peace.

Continue Reading

Trending

Copyright © 2016-2025 || The Leader Nigeria News.

error

Enjoy this blog? Please spread the word :)