The Federal government of Nigeria has increased the monthly allowance of members of the National Youth Service Corps (NYSC) has been increased to N30,000.
This was confirmed by the minister of finance, Zainab Ahmed, she noted that the federal government is still working out some modalities before the implementation of the new allowance for corps member.
According to reports, the minister made the disclosure in Abuja on Thursday, May 16, during a press conference where she added that the total sum of N649.434 billion was verified by the ministry as the outstanding balance to be refunded to the state governments.
She said: “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.”
“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.”
Source: The Nation