21/03/2025
FG ALLOCATES #430.7 BILLION TO NYSC AS ALLOWANCE TAKES EFFECT.
The NYSC plans to spend N307.6 billion on corps members' allowances following a raise from N33,000 to N77,000 monthly
Despite a N430.7 billion budget allocation for 2025, the new allowance rate remains unimplemented five months after its announcement
The NYSC cites delayed cash backing as the reason, with payments expected to begin in 2025
The National Youth Service Corps (NYSC) is projected to spend approximately N307.6 billion on the mobilization and payment of allowances to corps members in 2025, following a significant increase in monthly stipends.
The allowance, which was raised from N33,000 to N77,000 per month, was announced by the NYSC in September 2024, in alignment with the new minimum wage bill signed into law in May of the same year.
This adjustment marks a substantial financial commitment for the federal government, as the NYSC mobilizes an average of 333,000 corps members annually across three batches—A, B, and C.
Each batch comprises roughly 55,500 participants, with the total allowance for a single batch amounting to N25.64 billion. Over the course of a year, this figure escalates to N307.6 billion, representing a significant portion of the NYSC’s budget.
In the 2025 budget proposal presented to the National Assembly by President Bola Tinubu in December 2024, the NYSC was allocated N430.7 billion, the highest in the past five years.