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Reason We Should Make NYSC Optional – Banky W

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Popular Nigerian singer cum politician, Olubankole Wellington, a.k.a Banky W has opined that National Youth Service Corps, (NYSC) should be optional in Nigeria.

According to the musician, the youth program has not achieved the purpose it was originally designed for.

Banky made the assertion on Tuesday during an interview on Channels Television.

His words, “I don’t know if there is anybody that will disagree that NYSC probably does not achieve everything it was originally designed for today, so how do we reform it? Don’t cancel it, let’s remove it from the constitution and make it optional, the people who do not need it will go.

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“Now you can pay those interested more so instead of paying them N30,000 monthly which does nothing for a young person in Nigeria today. We can pay them N60 – N80, 000.”

United Kingdom Dissolves Peter Obi Company

The United Kingdom (UK) authorities have struck off a company allegedly belonging to the presidential candidate of the Labour Party (LP), Peter Obi for failing to submit its annual accounts.

The company known as Next International (UK) Limited was removed from the record in September 2021 following a first and second notice of a “compulsory” strike off of the entity.

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In the UK, a compulsory strike-off is imposed on a company by creditors or by the Companies House for non-submission of annual accounts or failure to notify the Companies House about a change of official registered office address.

Once a company is struck off, its details will be removed from the Companies House register and the company ceases to exist.

Premium Times noted that the company largely owned by the former governor of Anambra State failed to submit its annual accounts for the year 2020 which saw the company struck off and dissolved in 2021.

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Before a company is struck off, the UK will send at least two formal letters to the company warning that a failure to file its annual accounts will lead to its removal from the register.

Then immediately after the company submits its annual accounts, a gazette will be issued to discontinue the compulsory strike-off action.

Next International, a private limited company, was incorporated on 16th May 1996.