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NYSC Secures N200m Bank Facility, Corpers To Access Loans

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Read the interesting piece below shared by a Youth Corper serving at Ijebu Ode…

The National Youth Service Corps (NYSC) on Friday said it had secured over N200 million bank facility for disbursement to corps members as loans to enable them start their businesses.

Brig-Gen. Johnson Olawumi, the Director-General of the corps, said this when the Commander, Guards Brigade, Nigerian Army, Brig.-Gen. Musa Yusuf, paid a familiarization visit to the NYSC Headquarters in Abuja.
“That has been a challenge; we train these corps members in the camp after the camp we have partners all over the country where corps members also receive training throughout the service year.
“Now, the issue is that when they get this training they don’t have start-up capital but we have been doing a lot to see there is opportunity for them to get startup capital.
“We have the NYSC foundation as we speak, the NYSC foundation has just approved loan worth N10 million for corps members. “Corps members based on the business plan they submit could get as much as N250, 000 and N400, 000. We have also signed an MoU with Bank of Industry though it is yet to take off but we are working on it.
“A couple of months ago, I also approached Heritage Bank and Heritage Bank is setting aside the sum of N200 million under a package where corps members will get a soft loan and the only collateral they will have to drop will be their discharge certificate…
NYSC SCAM REVEALED.
To our amazement today, we were told all corpers nationwide will pay a token of N500 each, then those who are interested to apply for the loan of 250k-400k will have to submit their business proposal on or before passing out and then pay another N500 (that’s N1000 for them)…
The loan is interest free if repaid within 3months but from 3months to 2years maximum will now attract 5% interest….So when u multiply N500 from the total number of corpers currently serving now, plus the extra N500 from those who want to access the loan, you will discover that we are actually the ones raising more than N200m from which they will disburse to those who want the loan with their NYSC certificates as collateral plus more gain they will make from it from the 5% interest rate…
So doesn’t that mean that we are actually raising this funds ourselves? And also they will also very likely make gain from this money we will raise. But why wasn’t this clearly stated to the public in their press release?
I love Nigeria

Celebrities

Eniola Badmus assumes office as aide to speaker Abbas

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Eniola Badmus, the Nigerian actress, has officially assumed duty as the aide to Tajudeen Abbas, the speaker of the house of representatives.

In May, the actress confirmed her appointment as the special assistant on social events and public hearings to Abbas.

In a post via Instagram on Thursday, Badmus shared photos of herself and Abbas at a meeting.

The film star disclosed that the meeting was with Godswill Akpabio, the senate president, at the National Institute for Legislative and Democratic Studies (NILDS) in Abuja.

“This week @speakerabbas and President of the Senate Godswill Akpabio at the National Institute for Legislative and Democratic Studies (NILDS), inaugurated the governing council of the institution, earlier this week in Abuja,” she wrote.

“NILDS, as the research and academic arm of the National Assembly, is a pillar of knowledge, a capacity-building powerhouse, and a think tank dedicated to advancing our legislative processes.

“NILDS’s mandate was to provide technical and analytical support as well as comprehensive, reliable legislative research to legislators, their aides, committees, and the bureaucracy of the legislative in Nigeria and beyond.

“Over the years, the Institute has significantly contributed to strengthening legislative institutions through its rigorous research, legislative support services, training program, and policy analysis.”

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Chris Brown, Yella Beezy sued for $50m over assault

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Chris Brown and Yella Beezy, the US artistes, are being sued by four men who claimed they were violently attacked and left hospitalised after a concert in Texas on July 20.

According to TMZ, Brown’s entourage lieutenant Sinko Ceej and Live Nation are also facing the lawsuit filed by the alleged victims.

The suit was filed in Houston on Monday by Larry Parker, Joseph Lewis, Charles Bush, and Damarcus Powell.

The plaintiffs are seeking $50 million in damages for alleged monetary losses, pain and suffering, disfigurement, mental anguish, and past, present, and future medical expenses.

They accused the defendants of “throwing chairs at them and repeatedly kicking, stomping, and beating them”.

The plaintiffs said they attended Brown’s ‘11:11 Tour’ at Dickies Arena in Fort Worth. After the show ended, they claimed that they were invited and escorted backstage along with 40 women to Brown’s VIP area.

The lawsuit claimed that Brown entered the area after 30 minutes but the alleged victims were tired of waiting and proceeded to leave.

Before leaving, Bush said he approached the singer to shake his hand and congratulate him on a good show.

The lawsuit said before Bush, Parker, Lewis, and Powell could leave, someone from Brown’s entourage said: “Man, you don’t remember you two were beefing?” The singer then allegedly told his crew to attack Bush.

The plaintiffs alleged that they were assaulted in a hallway by almost ten members of Brown’s entourage.

According to the suit, Brown and his crew allegedly punched Parker in the face and chest, kicked him in the head for over 10 minutes, and stomped him, causing him severe bodily injury.

Powell and Bush were said to have been punched in the shoulder and chest by the singer and his entourage.

Lawsuit documents said Bush, Powell, Lewis, and Parker all received severe injuries to their heads, necks, shoulders, and backs and are still receiving medical treatment.

In addition to the $50 million in damages, the plaintiffs have also filed restraining orders against Brown, Beezy, and Sinko Ceej to “preserve evidence”.

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Brain Jotter meets ‘Gwo Gwo Gwo Ngwo’ singer Mike Ejeagha

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Brain Jotter, the Nigerian skit maker, has finally met with Mike ‘Gentleman’ Ejeagha, the ace highlife singer.

‘Ka Esi Le Onye Isi Oche’, a song by Ejeagha, started to gain widespread popularity earlier this month after Jotter adopted the soundtrack for his hilarious dance moves.

The dance moves involve two or more people facing opposite directions and walking towards each other. They then meet at a point where they do the funny leg dance before one starts chasing after the other while a part of the chorus “Gwo Gwo Gwo Ngwo” is played in the background.

The song has also been recreated over 20,000 times on TikTok with many Nigerians, including celebrities, joining the challenge.

On Sunday, the skit maker sought to meet with the highlife legend, adding that he wanted to gift him the sum of N2 million.

But in an Instagram post on Monday, Jotter shared a photo he took with Ejeagha while expressing joy in finally meeting him.

“So happy I did this. Story coming soon,” he wrote.

Ejeagha is considered one of the pioneers of the highlife genre in Nigeria and was influential in the evolution of music in the Igbo language for over 6 decades.

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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