FG Approves ₦77,000 NYSC Allowance, Payment Begins This Month

The Federal Government has officially approved the long-awaited increment of the National Youth Service Corps (NYSC) allowance to ₦77,000, with payments set to begin this March 2025.

This development marks a significant shift in youth welfare policies, reflecting the government’s commitment to improving the financial standing of young graduates during their service year.

The new allowance is a 233% increase from the previous ₦33,000, a move hailed by corps members as a game-changer in addressing rising living costs.

With thousands of corps members across the country relying on the NYSC stipend to meet their daily needs, the increment is expected to boost morale, encourage national service, and reduce financial struggles among participants.

Economic analysts believe this adjustment could also have broader implications, influencing wage expectations for entry-level jobs while injecting more cash into local economies. However, concerns remain about the sustainability of the increment amid Nigeria’s economic challenges.

NYSC officials have assured corps members that the updated allowance structure will be fully implemented without delays, urging them to check their bank accounts in the coming days…CONTINUE READING>>>