The National Youth Service Corps [NYSC] scheme was created in a bid to reconstruct, reconcile and rebuild the country after the Nigerian Civil war. The NYSC is being established "with a view to the proper encouragement and development of common ties among the youths of Nigeria and the promotion of national unity".
As prospective corps members prepare for their NYSC orientation camp and service year, what would they also fail to observe that no one else will tell them?
Colossus Gists has carefully compiled a concise financial activities that occur during that period as many prepare for their own exercise. We did this so as no one would say they lost this or that, they didn't achieve this or that because what disturbs us isn't how the service went, but after the service year, what else? What level have you attained? What difference have you made? What plans do you have? Are you going back to your parents or guidance?
SINCERE TRUTH is that Life is Just Funny especially when you do major calculations from the NYSC allawee analysis....
See below:
TOTAL INCOME
19,800 naira
x
11months
____________________
= N217,800 naira
____________________
Note: that first allawee was paid in the orientation camp.
EXPENDITURE
Tithes: (for those who pay it)
1,980
×
11 months
__________________
= N21,780 naira
__________________
(for those who pay)
Bank charges:
105 naira
x
11 months
_________________
= N1,155 naira
_________________
Food:
10,000 naira (at least)
x
11 months
___________________
= N110,000 naira
___________________
Call Card:
1,000 (monthly)
x
11 months
__________________
= N11,000 naira
__________________
Phone Subscription:
1,200 naira (at least in a month)
x
11 months
__________________
= N13,200 naira
__________________
Transport fare to CDS/Clearance:
500 naira (at least in a month)
x
11 months
_________________
= N5,500 naira
_________________
Toiletries: (Cream, tooth paste, bathing and washing soaps)
Approximately;
N5,000 naira (for 11months)
Cloths and shoe:
Approximately;
N22,000 (for 11months)
Transport fare back home:
Approximately
N6,000 e.g. (those who served in the north, and lives in the south)
Other contingencies:
Approximately:
N20,000 (CDS dues, religious dues, sent-forth dues, transport fare to
church/mosque e.t.c.)
TOTAL EXPENDITURE:-
N215,635
BALANCE:
217,800 naira
-
215,635 naira
_________________
= N2,165 naira
_________________
๐๐๐๐ happy saving!!
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