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NABCo programme to end on September 1 – Government

NABCo programme to end on September 1 – Government

By September 1, 2022, the National Builder’s Corps (NABCo) program will be over.

The initial term for NABCo was three years, however it was later extended for an extra year.

100,000 recent graduates were to be included in the program.

Even though the government spent roughly GH 2.2 billion on the initiative, some of the corps complained that the government was not paying their allowances.

Although participants were requested to continue working, the program was claimed to have concluded in October 2021.

The government had said that the remaining NABCO trainees will be progressively absorbed into the YouStart program and a Digital inclusion program at the introduction of the 2022 budget.

The Akufo-Addo-led administration unveiled NABCo in 2017 as a component of a job development strategy.

On Monday, July 25, 2022, when presenting the mid-year budget review in Parliament, Finance Minister Ken Ofori-Atta stated, “Mr. Speaker, our iconic National Builder’s Corps (NABCo) programme, which was initially to run for three years and extended for an additional year, will be completed by 1st September 2022.”

“As they depart the program, the current cohort is urged to utilize the YouStart initiative and other current programs in our effort to develop an entrepreneurial nation,” he added.

The minister said, “Government policy is to enable dynamic young entrepreneurs to access training and money to establish their enterprises and become a sizable pool of employment providers for their fellow young people.

The government has created an innovative initiative called YouStart to support entrepreneurship and create jobs, especially for young people.

The government uses this special purpose entity to help young people and youth-led companies get capital and technical support so they may launch, develop, and expand their own firms.

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