Why NYSC is yet to pay March allowance

Youth corp members have not been paid their allowance for the month of March because the Ministry of Finance has not released the funds to the Central Bank of Nigeria.

The Director General of National Youth Service Corps, Brigadier General Olawumi on Tuesday, explained that corp members’ allowance is accessed from the ‘Central Bank account from where it is disbursed directly to Corps members account’.

Brig. General Olawumi promised the corp members that the scheme will ‘liaise vigorously’ with the Ministry to ensure that the fund is promptly approved and released for disbursement.

“My dear Corps members, I sincerely regret the late payment of your March allowance. For avoidance of doubt, your allowances do not come to the NYSC as the scheme has no account. Once it is approved by the Federal Ministry of Finance, it goes to the Central Bank account from where it is disbursed directly to Corps members account.”

“It is the beauty of the Treasury Single Account and that explains why you get the whole allowance in full without any charges.”

“As at now, we are liaising vigorously with the Ministry so that fund is released to the CBN GIFMIS account and once it is done, it takes us just minutes through the online platform to remit straight to all the 244,532 Corps members in service.”

“We are equally mounting pressure on the Ministry to ensure that the April allowance for 2015 Batch A and the outstanding one month allowance for Stream 2, Batch A 2015 is also paid as quickly as possible.”

“It has become necessary to explain this so as to clear the erroneous believe that the Scheme is holding Corps members allowance. Please just exercise patience as this will be resolved in a couple of days. God bless you my children.”

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