The National Youth Service Corps Foundation is searching for about 75 corps members who took between N300,000 and N400,000 loans to start small businesses but refused to pay after about four years.
The defaulting corps members, who have now passed out, used their certificates as collateral, which was the only condition to access the loans.
The NYSC Foundation Chief Executive Officer, Bako Ventim, confirmed this to PUNCH during the opening of Skills’ Acquisition and Entrepreneurship Development workshop at the NYSC Orientation Camp in Kubwa, Abuja.
The Batch B NYSC members, who gathered at the Borno State Government House in Maiduguri, told journalists they had not been paid for four months.
One of them, Cornelius Azi, said, “Often times, we work extra hours due to a shortage of medical personnel in the state health facilities.”