Gov’t To End NABCo Programme September 1
The National Builder’s Corps (NABCo) program 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.
However, the government invested approximately GH¢2.2 billion into the policy but a number of the corps complained about the non-payment of allowances by the government.
Meanwhile, the program was said to have ended in October 2021 though trainees were asked to keep working.
The government informed that during the presentation of the 2022 budget the YouStart program and a Digital program would gradually cater to the remaining NABCO trainees.
NABCo was introduced by the Akufo-Addo-led administration in 2017 as part of a job creation plan.
“Mr. Speaker, our iconic National Builder’s Corps (NABCo) program, which was initially to run for three years and extended for an additional year, will be completed by 1st September 2022,” Finance Minister, Ken Ofori-Atta said in Parliament on Monday, July 25, 2022, during the presentation of the mid-year budget review.
He said: “As they exit, the current cohort on the program are encouraged to take advantage of the YouStart initiative and other existing programs in our drive to build an Entrepreneurial Nation.”
“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.
The YouStart program is a novelty by the government to promote entrepreneurial activities and provide jobs, particularly for the youth.
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 businesses.