Founded on 7th July, 2019 by Arc. Bilal Abdullahi, a graduate of Bayero University Kano. BUKdaily aims to provide Nigerian students with a comprehensive resources encompassing daily news, campus updates and academic updates from Nigeria universities.

Sunday, June 25, 2023

NYSC Lady Saves Entire Allowance, Accumulates N1.9 Million in Bank Account

  Bilal Abdullahi       Sunday, June 25, 2023

NYSC Lady Saves Entire Allowance, Accumulates N1.9 Million in Bank Account

In a remarkable display of financial discipline, a National Youth Service Corps (NYSC) member has garnered attention on social media after revealing that she saved her entire monthly stipend throughout her service year. The NYSC lady, whose identity remains undisclosed, showcased her impressive bank account balance of over N1.9 million in a viral TikTok video.

The video, initially posted by user MC Magic, captured the NYSC lady confidently stating that she had refrained from spending any portion of her monthly allowance. She proudly displayed her bank account balance, leaving viewers astonished by the substantial amount she had managed to accumulate.

Typically, NYSC members receive a monthly stipend of N33,000 over a 12-month period, resulting in a total of N396,000. Considering this figure, it raises questions about how the lady managed to accumulate such a significant sum during her service year. Speculations have arisen, suggesting that she might have had an alternative source of income during her time with the NYSC.

The substantial balance showcased by the NYSC lady has sparked curiosity and even admiration among viewers. Some individuals questioned whether she engaged in other business ventures alongside her service with the NYSC. Social media users expressed surprise and awe at her financial achievement.

A Tiktoker @Dalliss_555, exclaimed, "Wow, this girl saved all the money. She must have people supporting her. I didn't save anything." Others, like @Teedak beauty concept, jokingly expressed confusion about their own calculation abilities, stating, "Please, how much is the current allowance? I can't seem to calculate it." Comments from Tiktokers like @island girl and @Trezure hinted at the struggles faced by some NYSC members, emphasizing their own financial hardships during the program.

In a separate report by Legit.ng, another NYSC lady previously stirred controversy when she claimed to have received N330,000 instead of the standard N33,000 stipend. This revelation sparked accusations of dishonesty, as many social media users questioned the veracity of her statement.

While the financial achievements of the NYSC lady with the N1.9 million bank account balance are remarkable, it is crucial to remember that each individual's circumstances vary. As the video continues to circulate on social media platforms, it serves as a reminder of the importance of financial literacy and responsible money management, traits that can greatly benefit young graduates as they navigate their post-graduation lives. If you love this report, share with your friends using the buttons below. 


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