Business
Nigerians Demand Timely Payment Of NYSC Members
Some concerned Nigerians on Monday urged the National Youth Service Scheme (NYSC) to urgently pay corps members’ their April allowances to save them from hardship.
The citizens said on Monday that the non-payment of the allowances would increase doubts about the continued relevance of the scheme.
Reports say that the Minister of Youth Development, Mr Bolaji Abdullahi, had given the assurance that the money would be paid on or before May 18.
He had explained that the delay in the payment was due to transition to a new accounting system.
Mr Femi Omokungbe, Chairman, Academic Staff Union of Polytechnics, Yaba College of Technology Chapter, urged the government to re-evaluate the scheme to ascertain its relevance.
Omokungbe noted that many Nigerians had advocated the scrapping of the scheme because of recent developments, including security challenges.
“Going by the very sad incidences that involved corps members while actively serving their fatherland, and now this issue of delayed allowances, I think there is need to review the scheme.
“There is no way we can compare the NYSC of the 1970s to that of the recent years.
“ If government is not capable of actualising the aims and objectives of this scheme, it should be rested so that these youths can start thinking of the way forward early enough,’’ he said.
Miss Seyi Oduneye, a corps member with a government establishment, stated that the delay in the payment of allowance had been negatively affecting the corps members.
She claimed that the scheme was fast becoming irrelevant.
“There is nothing to be proud of again about serving one’s father land.
“I feel this 10 month- service is just a waste of time and efforts.
“It is better we start engaging ourselves as soon as we graduate from universities without getting to be exposed to all these shortcomings,’’ she said.
Mr Simon Akojo, also a corps member, said, “I think the primary course of this delay had to do with bureaucracy as well as insufficient fund, but they are just trying to find a way of dancing around it.
“Otherwise, I do not know how to explain the fact that government will be delaying the little stipend it pays us.”
Miss Adebimpe Adesina, a corps member, stated that the delay was making life difficult for her.
Adesina said that since the NYSC had stopped posting corps members to banks and industries where they could be paid additional stipends, the scheme should no toy with corps members’ allowances.
“Corps members in state public schools are not being paid any allowance apart from that of NYSC. They depend only on this N19 800,“ she said.
Another corps member, Mr Peter Anozie, appealed to the Federal Government to give corps members special consideration in the payment of allowances.
A parent, Mrs Temitope Alawode, also appealed to the government to urgently pay the allowances to avoid discouraging the youths.
“This act is very dangerous for our children. It could expose the females to prostitution and the men to bad gangs,“ she said.
The Chairman of the Federal Capital Territory chapter of the National Parent-Teacher Association, Mr Musa Talle, appealed to the NYSC authorities to urgently pay the allowances.
“ I appeal to the government to do everything possible to pay these corps members immediately, considering the fact that they are far away from their parents,’’ Talle said.
The Chief Public Relations Officer, NYSC, Lagos State, Mrs Florence Takon, told NAN that the problem was not peculiar to the corps members.
Takon blamed the non-payment on delayed monthly federal allocation to the NYSC.
“Corps members and all staff have not received their salaries.
“ Some other ministries and government agencies are also affected by this problem.
“We heard last week that the money would be paid but we don’t know why it has not been paid; hopefully, it will be paid this week,’’ she said.
When contacted, the Head, Budget and Planning, NYSC, Abuja, Mr Ladipo Laniyan, gave the assurance that the allowances would soon be paid.
Laniyan spoke to NAN on telephone.
“Very soon all the problems with allowances will be a thing of the past,” Laniyan said.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics3 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business3 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports3 days agoJ And T Dynasty Set To Move Players To Europe
-
Business3 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics3 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Politics3 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business3 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment3 days agoAdekunle Gold, Simi Welcome Twin Babies
