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
-
Anlo Dukor celebrates grand durbar of Anlo Hogbetsotso Za
7 mins -
Election 2024: Akufo-Addo pledges to respect Ghanaian will
23 mins -
EPL: Antoine Semenyo stars as Bournemouth defeat Manchester City
1 hour -
Watch CCTV footage of dramatic Adabraka daylight robbery
1 hour -
EPL: Liverpool come fron behind to beat Brighton
2 hours -
EPL: Jordan Ayew late goal salvages draw for Leicester against Ipswich
2 hours -
ESCO VOLTA holds meeting to strengthen cross-border cooperation in security, development
2 hours -
Kufuor Scholar champions Agricultural Innovation through Fidelity GreenTech Challenge
2 hours -
EPL: Isak scores at home again as Newcastle beat Arsenal
2 hours -
I’m proud that despite all the challenges, we have maintained Free SHS – Akufo Addo
5 hours -
Alan’s running mate, KOD says GRASP will revolutionize care for the Elderly in rural areas
5 hours -
Election 2024: Alan paints Accra yellow as the crowd marches through the capital with him
6 hours -
Vacant seats: Speaker has not done what would have led to greater peace – Kofi Bentil
6 hours -
Police on manhunt for Adabraka daylight robbers
6 hours -
Lordina Mahama presents medical supplies and equipment to Tishigu Health Center
6 hours