NYSC contributing to unemployment in Nigeria - ICEN
The Institute of Chartered Economists of Nigeria (ICEN), Kwara State chapter, has called on the federal government to review the National Youth Service Corps (NYSC) in order to solve the unemployment problem in the country.
The institute also advocated reduction of the National Youth Service Corps to three months instead of one year.
The institute said this in Ilorin during an interactive session with the public to share its opinions on the state of the Nigerian economy.
A fellow of the institute and guest speaker at the interactive session, Mr. Atobiloye Misbaudeen, argued that the one year period for the scheme was a time waste to some graduates who could well develop their businesses before the end of the service.
He added, "The NYSC is contributing to unemployment in the country because companies are not employing permanent staff as they should since they believe they can always exploit the corps members who will always come at the end of their orientation.
"If the federal government really wants to help, they should reduce the one year scheme to three months and give the corps members their one year allowance, either as an individual or group, to start up their businesses. Before the end of the year, many of them will become employers of labour, thereby reducing the burden of employment on the government," Misbaudeen said.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Mahe Abdulkadir Olatunji Ayeni Toun Okewale-Sonaiya Busari Alabi Alausa Sunday Popo-Ola Yusuf Amuda Aluko Elelu Baakini Abdulhakeem Amao Minister Elerinjare Jamila Bio Ibrahim Nigerian Supreme Council For Islamic Affairs Ilorin Like-Minds Joshua Adeyemi Adimula Ilorin International Airport Niyi Osundare Suleiman Abubakar Aliyu Adebayo Kudirat Arinola Lawal Okanlawon Taiwo Freshvine Nigeria Limited Babatunde Ajeigbe Turaki Of Ilorin Aisha Ahman Pategi Siraj Oyewale Ibrahim Abdullahi Clara Nwachukwu Ojuekun Sarumi Millennium Development Goals Ethical College Oniwa Asiwaju Bola Tinubu Funmilayo Braithwaite Local Government Omotoso Musa Curfew Gbadeyan Gbadura Yomi Age AbdulKareem Kwara Volleyball Association Olayinka Olaogun Ibrahim Kayode Adeyemi ENetSuD Kwara State Pension Board Michael Ologundea KWATMA Idris Amosa Saidu Bature Bello Ilorin Durbar CKNG Kwara State Geographic Information Service Okin Biscuit Kola Shittu Oro Grammar School Share-Tsaragi Kayode Zubair Ojo Fadumila Aremu Bose Deborah Mumeen Lah Sa\'adatu Modibbo-Kawu NITDA Idiagbon Ramat Oganija Y.A. Abdulkareem AbdulFatai Adeniyi Dan-Kazeem Abdulkadir Akanbi-Oke Shoprite Bank Of Industry Just Law Forum Saka Asiat Ayinke Ibrahim Abduquadri Abikan Saka Keji Gabriel Fashanu Muslim Stakeholders Of Kwara State Kale Belgore Kwara Teaching Service Commission SUBEB