NYSC Trust Fund Portal 2022 / 2023 is now opened for registration. If you are currently serving Corps Member and at the same time looking for opportunity to start up a business that will help add up income to your 33k allowance. You can now Register with NYSC Trust Fund 2022 on the NYSCTF registration portal now.
This NYSC Trust Fund is to is to help Corps members with fund to establish themselves a good business to help them earn above the N33,000 they are receiving while serving.
Meanwhile, according to the Director-General of the National Youth Service Corps (NYSC), Shuaibu Ibrahim, has explained that the Trust Fund would bring the reality of the Skill Acquisition and Entrepreneurial Development (SAED) practice during the service year.
TruetalkNews learnt that the fund will also serve as a loan to help graduates who have gone far NYSC to implement what they have learnt during the practical class or assist the Corps Members in implementing the skill thought before service.
Benefit of NYSC Trust Fund
NYSC Trust Fund will provide the following;
- A sustainable source of funding for NYSC,
- Skill acquisition training and provision of startup capital to corps members,
- Train and retrain the personnel of the NYSC,
- Develop camps and NYSC formations, and provide facilities therein.
The fund will also be used to fund the monthly allowances needed by Corps members and sponsor the Community Development Service (CDS) of the NYSC.
Kindly note that NYSCTF is not a free gift; it is a loan that you ought to pay back. One of the requirements to access the fund is that the applicant must be a Corps member.
Requirements for NYSC Trust Fund Registration 2022
To be eligible to apply for NYSC Trust Fund, you must have some documents at hand, which include:
- A good business plan.
- Government Identification card.
- NYSC ID Card.
- 1 Guarantor: This guarantor must be at least level 7 civil servant, such as a banker, medical doctor, lawyer, clergyman, accountant, elected public servant, etc.
Collateral for NYSC Trust Fund loan
The collateral for the loan is your NYSC Certificate. This means that an undertaking will be signed by the State Directorate not to release the certificate until the loan is settled.
How to Apply NYSC Trust Fund 2022
Interested applicants should quickly proceed to the NYSC Trust Fund Registration Portal.
NYSC Trust Fund Portal 2022
The NYSCTF registration portal is https://www.boi.ng/apply/register