BOI Launches N2 Billion Loan Scheme for NYSC Members

BOI Launches N2 Billion Loan Scheme for NYSC Members

BOI Launches N2 Billion Loan Scheme for NYSC Members

The Bank of Industry (BOI) has unveiled a N2 billion entrepreneurship program designed to provide affordable loans to National Youth Service Corps (NYSC) members.

The program, tagged "2bn BOI-NYSC Entrepreneurship Programme," aims to tackle unemployment and promote youth-led enterprises.

AD: Top Up Airtime, Cable Subscription, Pay Electricity Bill, Trade Crypto on FondStack.com

The BOI Managing Director, Olasupo Olusi, stated that the program is expected to stimulate small business growth, strengthen youth empowerment, and deepen public-private partnerships in driving inclusive economic development.

AD: Shop Smartphones, Gadgets & Accessories at Great Prices. Fast Delivery & Secure Payment at Fondstore.com

The NYSC Director-General, Brig.-Gen. Olakunle Nafiu, commended BOI for the funding support and urged the bank to expand the fund to N5 billion to reach more corps members .