Reps Pushes for Sustainable Funding Bill to Boost NYSC

The House of Representatives will soon deliberate on a bill aimed at creating a sustainable funding source for the National Youth Service Corps (NYSC) to support training and empowerment initiatives for corps members.

Known as “The NYSC Trust Fund (Establishment) Bill 2024,” this legislation, sponsored by a representative from the Nasarawa/Toro Federal Constituency of Nasarawa State, was introduced on the floor of the House two weeks ago. The bill’s main goal is to establish a legal framework to manage and allocate a dedicated intervention fund for NYSC’s skills acquisition, training, and corps member empowerment programs.

Section 2(1) of the bill specifies that the Trust Fund would provide comprehensive support for NYSC personnel, orientation camps, and operational facilities to enhance the efficiency of their services. The fund is proposed to draw from multiple sources, including 0.2% of revenue from the Consolidated Revenue Fund, federal government grants, and contributions from private sector partnerships, international agencies, and NGOs.

Purpose of the Fund

Outlined in Section 5(1), the Fund’s intended uses include:

  • Funding corps member skill acquisition and empowerment initiatives.
  • Supporting training and re-training for NYSC personnel.
  • Enhancing corps member skills for job readiness and productivity.
  • Improving resources such as operational books, instructional materials, vehicles, and equipment for NYSC’s objectives.

The bill also proposes establishing a Board of Trustees to oversee the Trust Fund. This board would comprise members from the NYSC National Governing Board, representatives from the Youth Development and Finance Ministries, the private sector, and leaders from the Nigeria Governors’ Forum and the Association of Local Governments of Nigeria.

The Board of Trustees will be responsible for managing fund disbursement, setting policies for corps member training and NYSC operational development, and approving project financing through the Trust Fund.

In Section 13(1), the bill grants the board authority to issue contracts according to legal and regulatory standards. The board will also assess NYSC program funding needs, oversee project execution, and monitor project outcomes financed by the Trust Fund.


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