May 2, 2024

NYSC Blames Banks for Delay in Payment of Corps Members’ Allowance

NYSC Blames Banks for Delay in Payment of Corps Members’ Allowance

NYSC Blames Banks for Delay in Payment of Corps Members’ Allowance

 

 

By: Ogunleye Oluwapelumi

 

The National Youth Service Corps (NYSC) has said that banks are responsible for the delay in the payment of corps members’ June allowance. The NYSC’s Director of Press and Public Relations, Eddy Megwa, said the scheme had completed all arrangements for the payment since June 27, 2023, and remittances were made to various banks accordingly.

However, Megwa said the delay in payment was due to the administration of funds by various banks who are yet to credit corps members’ accounts. He assured the public that the NYSC management is liaising with banks to fast-track the payment of corps members’ June allowance without further delay.

The statement was issued in response to protests by corps members over the delay in payment of their monthly allowance. The NYSC urged corps members to remain calm and law-abiding while assuring them that the payment would be made as soon as possible. The NYSC is a one-year mandatory service for all Nigerian graduates below 30 years of age.

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