Opinion: NYSC Has Outlived Its Usefulness
Most developed worlds don't do programs like NYSC which have no or little impact on the economy.
The US unemployment rate stands at 3.1%, what the government does majorly is provide grants and create entrepreneurship institutions like Silicon Valley. Elon Musk got a grant from the government to start Space X, Meta, Google, and Microsoft are all products of Silicon Valley.
Which notable entrepreneur(s) has NYSC produced that has helped to solve the country's problem ? None undecided ?
Nigeria's unemployment rate stands at 53% among the youth and 90% of Nigerian graduates go to NYSC programs.
The funniest thing is that it's not the US government that is creating the employment directly, the employment is being created by those who went through the grants & funding series, and Silicon Valley.
My opinions are
1 NYSC should be replaced with compulsory 6 months of entrepreneurship programs in major areas of the economy.
2 Every successful candidate should be given a noninterest loan of 5M each to start a venture.
3 Candidates who failed the programs should go for mandatory skill acquisition for 6 months. The government should give them the necessary equipment they need for their trade and a 1M noninterest loan. (e. g. , a trained fashion designer should be provided with a sewing machine, a weepy machine, and a 1M loan)
Feel free to object to the opinions or add yours
The US unemployment rate stands at 3.1%, what the government does majorly is provide grants and create entrepreneurship institutions like Silicon Valley. Elon Musk got a grant from the government to start Space X, Meta, Google, and Microsoft are all products of Silicon Valley.
Which notable entrepreneur(s) has NYSC produced that has helped to solve the country's problem ? None undecided ?
Nigeria's unemployment rate stands at 53% among the youth and 90% of Nigerian graduates go to NYSC programs.
The funniest thing is that it's not the US government that is creating the employment directly, the employment is being created by those who went through the grants & funding series, and Silicon Valley.
My opinions are
1 NYSC should be replaced with compulsory 6 months of entrepreneurship programs in major areas of the economy.
2 Every successful candidate should be given a noninterest loan of 5M each to start a venture.
3 Candidates who failed the programs should go for mandatory skill acquisition for 6 months. The government should give them the necessary equipment they need for their trade and a 1M noninterest loan. (e. g. , a trained fashion designer should be provided with a sewing machine, a weepy machine, and a 1M loan)
Feel free to object to the opinions or add yours