NYSC, CREDICORP Partner to Allow Corps Members’ Access to N200,000 Credit Facility 

Kuni Tyessi in Abuja

Plans have been concluded towards ensuring that each member of the National Youth Service Corps (NYSC) gets N200,000 credit facility even as the scheme has entered into partnership with the Nigerian Consumer Credit Corporation (CREDICORP).

Tagged ‘YouthCred’, it will see eligible corps members accessing up to N200,000 single-digit interest loan. 

Speaking at the signing of a Memorandum of Understanding (MoU) between CREDICORP and NYSC in Abuja Monday, the Managing Director/Chief Executive Officer of CREDICORP, Mr Uzoma Nwagba, said N9 billion has been earmarked for the first phase of the programme. 

According to him, the programme is in fulfilment of President Bola Tinubu’s  Democracy Day address on June 12, where he promised that a credit initiative targeting 400,000 Nigerians including youth corps members would commence. 

Nwagba noted that the first phase of YouthCred focuses on NYSC members, who will be required to complete a short digital credit education programme before becoming eligible for the credit facility. 

The loans, he explained, are intended to support a range of needs including relocation, purchase of work tools or devices, skills training and funding for small businesses. 

Describing YouthCred as a ‘national gold mine for credit reorientation’, the MD stated that both bodies would ensure that it is an integral part of the NYSC scheme. 

He said: “The heart of YouthCred is actually not just credit, but credit orientation that is teaching young Nigerians, especially as they are coming into the workforce, teaching them good credit habits, teaching them how to build a credit history, teaching them how to plan financially and borrow responsibly, and then ultimately also giving them credits that enables them to access goods and services”. 

Speaking to reporters after the MoU signing, Nwagba explained that corps members would be eligible to smaller amounts after completing its credit education scheme, and would access larger sums of up to N200,000 after paying up the previous loan.

“Our first target for this is N9 billion. But like I said in the signing ceremony, the loans will grow, and the amounts will grow as the programme continues to gain adoption,” he added. 

Responding, the Director-General of the National Youth Service Corps (NYSC), Brig Gen.Olakunle Nafiu, lauded President Tinubu for commencing the programme with the Scheme. 

Describing the MoU signing as epoch-making, the NYSC DG noted that the YouthCred programme will have a positive impact on both corps members and the NYSC scheme as a whole. 

According to him, the initiative would not only enhance the financial independence of corps members but also contribute significantly to national development by fostering a culture of entrepreneurship and responsible credit use among Nigerian youth.

Nafiu, who emphasized that many corps members possess innovative ideas and business acumen but are often hindered by lack of access to startup capital, noted that with YouthCred, these young Nigerians now have a platform to kickstart their ventures and acquire essential tools that would make them more productive during and after their service year.

He further assured Nigerians that the NYSC will collaborate fully with CREDICORP to ensure seamless implementation of the initiative, including integrating the credit education module into corps members’ orientation and training programmes.

The post NYSC, CREDICORP Partner to Allow Corps Members’ Access to N200,000 Credit Facility  appeared first on THISDAYLIVE.

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    Underrepresentation of Women in Politics Will Soon Be History, Says House Speaker

    Underrepresentation of Women in Politics Will Soon Be History, Says House Speaker

    Kuni Tyessi in Abuja

    The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has declared that the persistent issue of women’s underrepresentation in Nigeria’s political space will soon become a thing of the past, as renewed efforts are underway to address it through collective action and legislative reform.

    Speaking at the 9th Voice of Women Conference and Awards (VOW2025) themed ‘Nigerian Women and the Power of Collective Action’, Abbas reaffirmed the National Assembly’s commitment to the passage of the Reserved Seats Bill for Women.

    Represented by the Chairman, House Committee on Women Affairs, Kafilat Ogbara, Abbas stated that: “The issue of women’s underrepresentation will soon be the tale of the past. We are engaging with our colleagues one-on-one. Whether in Abuja or in their constituencies, we are making sure they understand that the time is now. There is no better time than now.”

    The speaker emphasized the importance of collective advocacy and legislative reform, saying: “The Reserved Seats Bill, which I am proud to co-sponsor, seeks to create 37 additional seats for women across the National Assembly, including three seats per senatorial district at the state level.”

    He highlighted the recent national public hearing on the bill held on September 22, where Nigerian women turned out in overwhelming numbers to show solidarity. 

    “It was a clear sign that Nigerian women are ready to take their place at the decision-making table. We are not asking — we are taking action,” he said.

    Abbas also revealed that grassroots mobilization efforts are already underway.

    According to him, “We’ve engaged political party leaderships, traditional rulers, royal fathers and community leaders. We are lobbying from the top to the grassroots because this bill is not just about politics — it’s about correcting decades of structural imbalance.”

    He commended what he called the president’s gender-sensitive leadership. 

    “This is the only president who has supported his wife to be in the Senate three times. His Renewed Hope Agenda is clear — he wants a Nigeria where no woman is left behind,” he added.

    President Bola Tinubu, who was represented by the Minister of Women Affairs, Imaan Sulaiman-Ibrahim, stated that the story of Nigeria is incomplete without the strength of its women.

    “Your voices remain the heartbeat of our country; echoing, undaunted, unyielding, and rising to shape a future of equity and progress under the Renewed Hope Agenda.

    “My administration stands resolute in empowering women as protectors of families, drivers of innovation and catalysts of the one trillion-dollar economy we are building together,” he said.

    Speaking in her capacity as minister, Sulaiman-Ibrahim emphasized the power of collective action and the unyielding spirit of Nigerian women, adding that true gender equality cannot be achieved in isolation.

    She noted that women currently occupy less than 6 per cent of seats in the National Assembly, far below the African Union’s target of 50 per cent parity and beneath the global average of 26.5 per cent.

    The minister stated that the Reserved Seats Bill is necessary to address the underrepresentation and to promote political inclusivity.

    “The Reserved Seats Bill is so significant. It is not an act of benevolence; it is an act of justice and strategic necessity.

    “By guaranteeing space for women in governance, we align with global best practices, ensure a more inclusive democracy, and unlock the full potential of half of Nigeria’s population,” she said.

    While commending the leadership of the 10th National Assembly for its support, she said: “Their determination to support the Reserved Seats Bill demonstrates political courage and statesmanship.”

    Meanwhile, Mrs. Toun Okewale-Sonaiya, the Convener of the Conference and CEO of Women Radio 91.7, said the annual conference remains a platform where women’s voices rise to shape Nigeria’s future.

    Okewale-Sonaiya emphasized the need to bridge the gap and address low female political representation to ensure inclusive governance and national transformation.

    Speaking on the Reserved Seats for Women Bill, she stressed the need for the president and National Assembly to pass it into law, adding that it is critical for Nigeria’s true democracy.

    “The passage of the bill is a crucial step towards promoting gender balance and inclusive governance in Nigeria. Your commitment and administration’s focus on development and inclusivity align with the bill’s objectives.

    “Your support will demonstrate commitment to gender balance and development, enhancing Nigeria’s global standing. Your advocacy will significantly impact the bill’s passage. It will inspire future generations and show young Nigerians the value of inclusive leadership.

    Other activities to mark the conference included the conferment of awards on notable personalities for their contributions to the advancement of women.

    ​  

    Kuni Tyessi in Abuja The Speaker of the House of Representatives, Hon. Tajudeen Abbas, has declared that the persistent issue of women’s underrepresentation in Nigeria’s political space will soon become

    High-level Stakeholders to Explore Inclusive Growth, Investment Opportunities As Nigeria Hosts Africa Agriculture Dialogue

    High-level Stakeholders to Explore Inclusive Growth, Investment Opportunities As Nigeria Hosts Africa Agriculture Dialogue

    Bennett Oghifo

    For the first time in its history, the prestigious Africa Agriculture Dialogue (AAD) will be held on African soil, with Nigeria announced as the host nation.

    The AAD Governing Board confirmed that the high-level dialogue will take place at the State House Banquet Hall in Abuja from October 7-8, 2025, under the theme, ‘Unlocking Finance for Agricultural Transformation in Africa’.

    This landmark event marks a significant shift, bringing the dialogue’s focus on unlocking finance for agricultural transformation directly to the continent.

    Since its inception, the Africa Agriculture Dialogue has been a vital platform for shaping policy, advancing Africa’s agricultural transformation by developing actionable ideas, strengthening collaboration among stakeholders, and driving collective accountability.

    The Minister of Agriculture and Food Security, Abubakar Kyari said, “Nigeria is delighted to be hosting the first-ever 2025 edition of the Dialogue in Abuja, a platform dedicated to unlocking finance for agricultural transformation across Africa. This inaugural gathering underscores our commitment to advancing Africa-led solutions and ensuring African perspectives take centre stage in shaping the global food and agriculture agenda. We are confident that the outcomes from Abuja will not only chart pathways for sustainable growth but also reinforce Africa’s position as a compelling destination for agricultural and agro allied investments.”

    At a virtual press conference yesterday, Idris Ajimobi, Senior Special Assistant to the President on Livestock Development, and Richard-Mark Mbaram, Special Adviser to the Minister of Livestock Development, told journalists “The AAD 2025 will highlight Nigeria’s leadership in agricultural and livestock transformation. This initiative demonstrates how agriculture can serve as a foundation for inclusive growth in Africa.

    “The AAD 2025 dialogue aims to achieve the following strategic objectives: Amplify African voices in shaping global agricultural discourse; Develop a forward-looking continental investment narrative that aligns with national strategies and regional ambitions; Strengthen partnerships and mobilise resources for agricultural transformation; and Set the stage for Africa’s presence at global platforms later in the year.”

    They said the AAD 2025 will bring together high-level stakeholders to explore inclusive growth, innovation, and investment opportunities across Africa’s agricultural sector.

    The dialogue, they said, will convene a diverse group of influential stakeholders, including senior government officials, business leaders in agri-food value chains, representatives of development and financial institutions, global philanthropies, farmers and entrepreneurs, innovators, as well as students and experts in natural resource management and investment.

    The Africa Agriculture Dialogue is a leading continental platform dedicated to fostering collaboration, innovation, and investment in Africa’s agricultural transformation. It convenes government leaders, private sector actors, financial institutions, development partners, and civil society to advance shared strategies for food systems resilience and sustainability.

    According to Ajomobi, “Lack of financing is a challenge that is experienced throughout the sector, so I feel this discussion and dialogue session is a fantastic opportunity for us to discuss our challenges and see what opportunities are available.”

    Richard-Mark Mbaram said, “The Africa Agriculture Dialogue 2025 is an event that takes place prior to the World Food Prize every year, and basically sets out to capture narratives and conversational issues that relate to Africa and project them on the world stage.”

    The World Food Prize, he said, is the Nobel of Agriculture. “It is a gathering of all stakeholders in the agricultural sector worldwide.”

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    Bennett Oghifo For the first time in its history, the prestigious Africa Agriculture Dialogue (AAD) will be held on African soil, with Nigeria announced as the host nation. The AAD

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