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Gistreel had previously reported that the Federal Government just approved raising the NYSC corps members’ monthly allowance from ₦33,000 to ₦77,000.
The NYSC’s acting director of information and public relations, Caroline Embu, revealed this in a statement on Wednesday.
The allowance has been raised on occasion in accordance with changes in the minimum wage and the nation’s rate of inflation.
Here’s a detailed overview of how the NYSC allowance has changed:
1. Initial Allowance: When the NYSC was established in 1973, the monthly allowance for corps members was relatively modest. Initially, it was set at a mere ₦120 (approximately $0.30) per month, which was intended to cover basic living expenses during the one-year mandatory service.
2. Increment Over the Years: As inflation and the cost of living increased, the allowance was periodically reviewed. By the late 1990s and early 2000s, the NYSC allowance had increased to around ₦4,000 (approximately $10.50) monthly.
3. 2009 Adjustment: In 2009, the then-Minister of Youth Development, Bolaji Abdullahi, announced a significant increment, raising the monthly allowance to ₦7,500 (about $19).
This adjustment was part of a broader effort to improve the welfare of corps members and address the rising costs associated with living expenses.
4. 2016 Increase: Following discussions about the economic hardships faced by corps members, the allowance was raised again in 2016 to ₦19,800 (approximately $51). This increase was well-received, as it aimed to provide better financial support during the challenging period of national service.
5. 2022 Increase: In 2022, the NYSC allowance saw another increment to ₦33,000 (around $86). This change was made amid ongoing economic challenges and was part of efforts to enhance the welfare of corps members in light of rising costs.
6. Latest Increase:The federal government, on the 25th of September, 2024 approved an increase in the monthly allowance of corps members in the National Youth Service Corps (NYSC) from ₦33,000 to ₦77,000.
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