FG permits NYSC members to serve in banks, oil and gas firms, others
By Jeffrey Agbo
The Federal Government has lifted the restriction on posting National Youth Service Corps (NYSC) members to private sector organisations, including banks and oil and gas companies.
According to a memo dated November 18, 2024, issued by Minister for Youth Development Ayodele Olawande, the new policy will take effect with the 2024 Batch ‘C’ orientation exercise.
The restriction, implemented during former Minister Bolaji Abdullahi’s tenure, confined NYSC members to public sectors such as education, health, agriculture, and infrastructure to prevent private sector exploitation and promote public sector development.
Olawande highlighted that the updated policy aligns with President Bola Tinubu’s vision to combat youth unemployment while providing corps members with valuable industry experience. The policy will initially be rolled out in Lagos and Abuja.
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The memo read, “There is an urgent need to review this policy to expand the opportunity and access for corps members to serve in places that are relevant to their areas of study. Without prejudice to the need to constantly review per prevailing realities, I now direct as follows: Lifting of all restrictions on postings.
“Posting of corps members to, as much as practicable, be in line with their course of study. Posting of corps members to select banks and other private sector organisations, including those operating in oil and gas, to commence with Abuja and Lagos. The directive contained herein will take effect from the date of commencement of the 2024 Batch ‘C Orientation Course and applies in relation to any matter relating to the posting and distribution of corps members to Places of Primary Assignment.
“The now revoked policy has greatly hampered experience gathering that would effectively prepare them for the job market.”
