The beneficiaries of the Nation Builder’s Corps (NaBCo) are expressing their disappointment in the government for excluding them from the initial disbursement phase of the YouStart program. Despite previous promises to prioritize NaBCo graduates for the YouStart initiative, this has not happened.
YouStart, which was introduced as part of the 2022 budget, aims to support youth-led businesses by providing loans of up to GHS50,000, with a focus on empowering startups and small businesses.
In July 2022, Deputy Finance Minister Dr John Kumah announced the government’s plan to transition NaBCo trainees into YouStart, effectively replacing the NaBCo program that ended in October 2021.
However, the recent exclusion of NaBCo graduates from the initial disbursement phase of YouStart has left the former trainees feeling betrayed and uncertain. Despite applying for YouStart grants, none of them were selected for the program’s first disbursement phase.
Additionally, the NaBCo beneficiaries are still waiting to be paid nine months of arrears. In a statement signed by National Secretary Frank Evans Quansah, the NaBCo beneficiaries have given the government a one-month ultimatum to pay them their outstanding arrears.
The statement emphasized that the beneficiaries have “already lost trust” in the current government led by Nana Addo Bawumia. They are demanding full payment of the nine months arrears and have stated that they do not want to have any further dealings with this government.
Furthermore, the beneficiaries have expressed their intention to reject any partisan statements or signs that attempt to use the failed NaBCo scheme to gain votes in the 2024 general elections.
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