Business
NLC President Cautions NUPENG Against Strikes
igeria Labour Congress (NLC) President Abdulwaheed Omar has appealed to members of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) to consider the impact of industrial actions on the masses.
He made the appeal while speaking at the 2014 National Conference of the Petroleum Tanker Drivers (PTD) in Abuja on Wednesday.
Omar also called on Independent Petroleum Marketers Association of Nigeria (IPMAN) and the other unions in NUPENG to reconcile their differences and partner to achieve their legitimate demands.
“Let us work to see this partnership as this conference is showing.
“Let there be partnership among all the major stakeholders so that the masses will not continue to suffer.
“In the course of carrying out your legitimate jobs and pressing for your demands, you should partner with each other.
“NUPENG should partner with IPMAN while carrying out its own action, likewise the PTD,” Omar said.
Omar lauded PTD members, noting that their gatherings and elections “are now free of rancour”.
Earlier, NUPENG president Achese Igwe commended the past leadership of PTD for taking the union to an enviable height, and enjoined delegates to be peaceful as they prepare to elect new executives.
“Election into offices is not a do-or-die affair.
“We condemn community interference in election in some states as is currently happening in Kaduna and Port Harcourt.”
Igwe called on the Federal Government to repair some of the bad roads across the country in order to reduce tanker accidents on the highway.
The Corp Marshal, Federal Road Safety Commission (FRSC), Mr Osita Chidoka, said the organisation planned to build a training centre in each of the six geopolitical zones of the country.
Chidoka said that in order to retrain drivers, the FRSC had sent about 40 drivers to France for training.
He further said that the FRSC would soon introduce speed limiter in commercial vehicles.
“We have decided that speed limiters will be introduced in commercial vehicles because of their over-speeding,” he said.
Chidoka, who said Nigeria had no record of the number of vehicles or drivers in the country, promised that it would be available before his exit from the commission.
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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