Audio By Carbonatix
Government says the remaining 67,000 beneficiaries of the Nation Builders Corps (NABCO) who have not yet secured jobs can breathe a sigh of relief as they will not be laid off this year.
Finance Minister, Ken Ofori-Atta said the YouStart program and a Digital inclusion program will gradually absorb them in batches during the next fiscal.
He announced this during the presentation of the 2022 budget statement and economic policy in Parliament on Wednesday.
According to the Minister, government through the initiative will support the beneficiaries to gain access to capital, training, technical skills and mentoring to enable them to launch and operate their own businesses under the initiative.
“The NABCO programme was designed as a temporary stepping stone for young graduates for a period of three years. In the last three years, 100,000 young graduates have benefitted from the NABCO programme.
"With over 33,000 trainees already securing jobs, government will work to ensure that the remaining NABCO trainees are effectively supported to take advantage of the opportunities YouStart presents.”
NABCO was introduced by the Akufo-Addo led administration in 2017 as part of measures to address graduate unemployment in the country.
The initiative was run under seven modules namely Educate Ghana, Heal Ghana, Feed Ghana, Revenue Ghana, Digitize Ghana, Enterprise Ghana, and Civic Ghana.
Latest Stories
-
Prioritise cocoa sector with better prices, timely payments-Annoh-Dompreh urges NDC
27 minutes -
Lands and Mines Watch Ghana endorses Heath Goldfields’ mining capacity
42 minutes -
Gbintiri residents protest alleged diversion of 24-hour market project
1 hour -
Justin Bieber headlines Coachella with nostalgia-fuelled set
1 hour -
Ukraine and Russia accuse each other of hundreds of ceasefire violations
1 hour -
Asha Bhosle: The sound of Bollywood dies aged 92
2 hours -
Fire destroys section of 4-bedroom apartment at Tantra Hill
2 hours -
Safe city: Unnoticeable protection
2 hours -
North East Regional Police Commander raises alarm over burning of checkpoints
2 hours -
Free Primary Healthcare Programme set for take-off — Health Ministry confirms readiness
2 hours -
3 co-wives, 5 children perish in canoe disaster – Maritime Authority insists life jackets use mandatory for all water transport
3 hours -
Iran war lands ‘triple blow’ to flood-ravaged Sri Lankans
4 hours -
Gunmen kill at least 11 people at Afghanistan picnic spot
4 hours -
Woman, 25, in court for stealing baby at Bogoso
4 hours -
Trump unveils giant gold-accented victory arch design for US capital
4 hours