2022 Budget: 67,000 NABCO beneficiaries to get a one-year extension
The remaining 67,000 beneficiaries of the Nation Builders Corps (NABCO) who have not yet secured jobs will not be laid off this year, the government has announced.
The beneficiaries would have a year extension, Finance Minister Ken Ofori-Atta has said in his 2022 budget statement presentation.
According to him, two new initiatives the YouStart program and a Digital inclusion program will gradually absorb them in batches during the next fiscal.
He said the government will through the initiative support these beneficiaries to gain access to capital, training, technical skills and mentoring to enable the 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, the government will work to ensure that the remaining NABCO trainees are effectively supported to take advantage of the opportunities YouStart presents.”
NABCO was introduced in 2017 as part of measures to address graduate unemployment in the country.
It was run under seven modules, including Educate Ghana, Heal Ghana, Feed Ghana, Revenue Ghana, Digitize Ghana, Enterprise Ghana, and Civic Ghana.