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.

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.

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 .