The National Youth Service Corps (NYSC) is projected to spend up to N307.6 billion on mobilising and paying allowances to corps members in 2025, following an increase in the monthly stipend from N33,000 to N77,000.
This hike in allowances came after the signing of the new minimum wage bill into law in May 2024.
With an average of 333,000 corps members mobilised annually across three batches, each corps member will receive N77,000, amounting to N25.64 billion per batch.
Over the course of the year, this brings the total allocated for allowances to N307.6 billion.
In the 2025 budget proposal, the Federal Government allocated N430.7 billion to the NYSC, with N372.9 billion, or 86.5%, set aside for corps members’ allowances.
Despite the allocation, the implementation of the new N77,000 allowance has not yet occurred, with the NYSC citing the need for cash backing before payments can begin.
The NYSC has assured that payments will commence in March 2025, although the delay in disbursing the new allowance rate continues to be a matter of concern.
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