According to reports, the Federal Government has increased the monthly allowance of members of the National Youth Service Corps (NYSC) to N30,000.
The Minister of Finance, Zainab Ahmed made this known on Thursday in Abuja during a press conference. She said the total sum of N649,434bn was verified by the Ministry as the outstanding balance to be refunded to the state governments.
“The other aspect that should be clear is that there is an increase for the NYSC as well because NYSC, by its Act, is designed that they earn the minimum wage,” she stated.
“So, NYSC allowance also has to increase to N30,000. So, I cannot give you projections right now because the negotiations are not yet concluded,” she added.
I am Olamide George Nneka, a graduate of Mass Communication from Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria. Reach me via email@example.com