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       #Post#: 603--------------------------------------------------
       Corpers to Access Over 2bn Naira From CBT to Start Business
   DIR By: Eda
       Date: July 1, 2016, 7:46 pm
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       Corps members to access over 2 billion Naira from Central Bank
       of Nigeria to set up business.
       Corpers to Access 2 Billion Naira  to start business
       The Central Bank of Nigeria in partnership with Heritage Bank
       plc, is to make available, over 2 billion Naira to corps members
       with good business ideas to set up their own businesses.
       Central Bank Governor, Godwin Emefiele made the disclosure at
       the flag off of a three-day entrepreneurial training for corps
       members, under the Bank’s Youth Entrepreneurship Development
       Programme (YEDP) at the FCT NYSC Camp in Kubwa, Abuja.
       The YEDP seeks to raise a crop of young entrepreneurs who would
       be employers of labour tomorrow, thereby laying to rest, the
       often asked question among ex-corps members, “After NYSC, what
       next?”
       Under the initiative, each successful applicant, after the
       training, will be advanced a maximum of N3,000,000(three million
       Naira) to enable them go into enterprises such as fish and
       poultry farming, arts and crafts, tourism, information and
       communication technology, and any other activity that the Bank
       may determine from it to time..
       Mr Emefiele however, made it clear to the beneficiaries of the
       facilities that what would be given them was not a grant, but a
       loan, which must repaid in full. Beneficiaries of the loan would
       also be required to deposit their Degree/HND, and NYSC
       Certificates as collateral.
       The Director-General NYSC, Brigadier-General Sule Kazaure,
       Managing Director of Heritage Bank, Mr Ifie Sekibo and some NYSC
       Departmental Directors, among others, graced the occasion.
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