NABCo programme to end on September 1 – Ofori-Atta

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The Finance Minister, Ken Ofori-Atta, has disclosed that National Builder’s Corps (NABCo) programme will end by September 1, 2022.

NABCo was initially supposed to run for three years and extended for an additional year. The Programme was aimed at engaging 100,000 young graduates.

NABCo was introduced by the Akufo-Addo-led administration in 2017 as part of a job creation plan.

It is the government’s special purpose vehicle to provide funding and technical support to the youth and youth-led enterprises to assist them to start, build and grow their own businesses.

“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. The Programme- which engaged 100,000 young graduates, has prepared thousands of them for the world of work. So far, we have invested approximately GH¢2.2 billion.

“Government’s policy is to support dynamic young entrepreneurs to access training and funds to build their businesses and become a significant pool of job providers for their fellow young people,” the minister added.

He said: “As they exit, the current cohort on the programme are encouraged to take advantage of the YouStart initiative and other existing programmes in our drive to build an Entrepreneurial Nation.”

Though the government invested approximately GH¢2.2 billion into the policy, a number of the corps complained about the non-payment of allowances by the government.

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The programme was said to have ended in October 2021 though trainees were asked to keep working.

The government had indicated, during the presentation of the 2022 budget, that the YouStart programme and a Digital inclusion program would gradually absorb the remaining NABCO trainees.

The YouStart programme is a novelty by the government to promote entrepreneurial activities and provide jobs, particularly for the youth.

The YouStart programme is a novelty by the government to promote entrepreneurial activities and provide jobs, particularly for the youth.

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