Business
C’River NLC Wants Firm To Recall Sacked Workers
T
he Cross River State
council of the Nigeria Labour Congress has given the United Cement Company Plc 21 days to recall sacked union executives.
Addressing the workers recently, the chairman of the congress in the state, Mr John Ushie, said it would extend the ultimatum by 14 days to fulfill the demands of the labour laws.
“If all that fails, we shall go into full-scale protest until justice is achieved. Whatever we can do we will do it,” he said.
Ushie told the workers that the company had no justification to sack the workers, adding that they have the right to peaceful demonstration.
He said the union was against injustice and exploitation of the workers, saying that it would do everything possible to ensure that justice was done.
According to him, the workers only made their demands, stressing that if the management had discovered anything wrong in their demands, it should have invited them for a dialogue.
“We stand against exploitation. We shall fight this cause to the end. We have given the management a 21-day ultimatum to rescind their action and recall the workers.
“We will follow all due process by extending the ultimatum to 14 days.”
Ushie further said the state NLC was the only industrial union qualified to fight for the welfare of workers in the state before the national office could intervene.
He called on the workers to remain resolute and united in their quest for justice.
“We are consulting with all relevant authorities in the state to mediate in the crises,” he said.
A member of the union’s executive, Mr William Takim, said the workers had for long been working under unfavourable conditions.
Takim said the workers had written many letters to the management about their plight but to no avail.
“Rather than look into our plight, we were suspended and without fair hearing; we were told that our services were no longer needed,” he said.
The President of UNICEM Host Community Youths Association, Mr Paul Effiong, said the community was disturbed by the development.
Effiong called on the management of UNICEM to rescind the decision and recall the workers.
“We are afraid that if there is a breakdown of law and order, our community will be affected,” he said.
Efforts to get the management to comment on the matter proved abortive as they were said to be holding a meeting.
However, in a statement earlier, the company described the protest by the workers as illegal, saying they did not seek the approval of the management before the protest.
Business
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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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