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Home Featured

NYSC DG Gives Update on N77,000 Corps Members’ Monthly Allowance

by NationalInsight
January 8, 2025
in Featured, News
Reading Time: 2min read
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NYSC Gives update on monthly Allowance for Corps members

The Director General of National Youth Service Corps, Brigadier General YD Ahmed unveiling the bus

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NYSC Gives update on monthly Allowance for Corps members
The Director General of National Youth Service Corps Brigadier General YD Ahmed unveiling the bus donated by Capital Express Insurance Company

The Director General of National Youth Service Corps, Brigadier General YD Ahmed has assured Corps Members that the payment of their new monthly allowance of Seventy-Seven Thousand Naira would soon commence.

He stated this on Tuesday in Abuja when he commissioned a 32-seater bus donated by Capital Express Insurance Company.

The Director General said the bus would ease the transportation challenges being experienced by Corps Members and some NYSC Staff within the FCT.

General Ahmed who said his administration places high priority on Corps welfare, added that arrangements for the payment of new Corps allowance have been concluded.

The increase of the monthly allowance for corps members followed the review of Nigeria’s minimum wage from ₦30,000  to ₦70,000 in July 2024.

In 2020, the NYSC increased the allowances of corps members from ₦19,800 to ₦33,000, months after a new minimum wage bill of ₦30,000 was signed.

In July 2024, President Bola Tinubu signed the minimum wage bill into law, ending months of deliberations between government authorities, labour unions, and the private sector

Speaking further, the Director General expressed appreciation to the Management of Capital Express Insurance for the kind gesture.

In his remarks, the Chief Executive Officer of Capital Express Insurance Company, Mr Matthew Ogwezhi said NYSC and his company have been in partnership for a while, and the donation was one of the benefits of the synergy as a support for the Scheme.

ALSO READ  FG Approves N77,000 Monthly Allowance for Corps Members

He promised that Capital Express Insurance would also consider other possible areas of assistance to the Scheme in year 2025.

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