Business
Unemployment: Rivers Indigenes Flay Data Base Collation System
Some unemployed youths in Rivers State have questioned the recurring creation of a database for all unemployed Rivers indigenes by the state Ministry of Employment Generation and Empowerment.
In an exclusive chat with The Tide Wednesday at the Ministry in Port Harcourt where thousands of unemployed youths had been gathering since penultimate Monday to be registered, a female unemployed graduate wondered why they are required to register more than once.
According to her, since she graduated, this is the third time she would be registering with the ministry.
The lady, who spoke on condition of anonymity, said “this only shows that the ministry really needs to reconsider what plans it has for the unemployed Rivers indigenes because compilation of our names does not seem to be solving any problem”.
Another graduate, of petroleum engineer, who had all his credentials with him, told The Tide “I was told that we should come for employment in the ministry of Employment Generation and Empowerment, that’s why I am here. I graduated since seven years ago without a job till date”.
When contacted, the Permanent Secretary of the ministry, Hon Monday Ekekentah, said “the call was not for unemployed youths to come and register with the ministry, for immediate employment”.
He explained that the registration is to create a data base of unemployed youths of Rivers State to enable government ascertain the actual number of people that are unemployed in the state for planning.
“The ministry is continually liaising with private companies operating in the state to generate employment.
As part of efforts to develop the skills of youths in the state, Ekekentah said several efforts have been made by government in that direction.
“We’ve carried out various trainings on different skills and have also empowered them by giving them starter packs based on the skills they have acquired”.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
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