The Nigerian National Petroleum Company (NNPC) Foundation has given a reduction of 50 per cent of the cost of business registrations for some members of the National Youth Service Corps (NYSC).
The grant went to 2,659 corps members across the country who participated in the NNPC Foundation Pitching Exercise.
NNPCL Foundation, Managing Director, Mrs. Emmanuella Arukwe made this known in a press statement issued in Abuja yesterday.
The statement was titled: “NNPC Foundation: Reinventing Entrepreneurial, Economic Empowerment through Partnership with NYSC.”
It said, “In 2024, a total of 2,659 corps members across the country participated in the NNPC Foundation Pitching Exercise.
“The foundation also facilitated a 50per cent reduction in the registration fees for some of the corps members to register their businesses with the Corporate Affairs Commission (CAC) thereby starting them off on their entrepreneurial journey.”
She said in 2024, a total of 560,065 NYSC members benefited from the programme.
On the objective of the programme, the Managing Director said: “By educating corps members on financial management and entrepreneurship, the program aims to empower them to become economically self-sufficient and to contribute positively to society.”
Arukwe said but the NNPC Foundation’s NYSC Empowerment Programme goes beyond just equipping corps members with financial literacy skills.
