On Tuesday, the house of representatives passed a bill seeking to establish a trust fund for the National Youth Service Corps scheme.by Mayowa Akinfolarin, and it passed the first reading on December 16, 2021; and the second reading on January 20, 2022.
The Trust Fund established under Section 3 of the Act covers all corps members, personnel of the NYSC, orientation camps, formations, facilities, and for the overall improvement and efficiency in the discharge of their duties and responsibilities. Members of the board of the Trust Fund shall be paid such allowances as may be determined by the Board in consultation with the National Revenue, Mobilisation, Allocation, and Fiscal Commission.The bill establishes a general fund referred to as “the Fund” for the administration of the Trust Fund.annual budgetary allocation appropriated by the national assembly for the management of the Trust Fund;
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