Business
‘Effective Public Service, Key To Economic Growth’
A member of the National
Conference Committee on Public Service, Mr Olawale Abdulsalam, said that an effective public service was key to the success of any government and the economy.
Abdulsalam, who is representing the Association of Former Speakers of State Assemblies, made the observation in an interview with newsmen on Monday in Abuja.
He said in realisation of the role of public service in the economic development and success of any nation, the committee was already working on issues that would improve the service.
According to him, these issues include: capacity building, workers’ safety, pension and innovation.
“We found out that a lot of training and innovations are needed to improve and encourage public servants,’’ he said.
The confab delegate believed that the composition of the committee members made up of experienced retired workers had enriched the committee’s work.
“The Chairman of our committee is a former head of service and 75 per cent of the committee members are retired permanent secretaries both at the Federal and state level; former heads of service, and former secretaries to the government.
“We also have some members who have never been in the public service but we were able to share our views and feelings as far as the public service is concerned.
“We have been able to arrive at some recommendations that we think can make the public service better than what we have now.
“I believe that if our recommendations should receive the approval of the plenary and fully implemented by the government, the Nigerian public service is going to be better for it.’’ he said.
Abdulsalam, a former speaker of Ondo State House of Assembly, said that the committee in its efforts to improve the civil service held a roundtable discussion with some executives of government offices.
According to him, those discussed with included the Chairman, Federal Civil Service Commission; the Head of Service; the Director-General of National Pension Commission (PenCom), Salaries and Wages Commission and a few others.
He said that the roundtable discussion with them was on how to improve their offices.
“For example, in our discussion with PenCom, we found out that most of the states and the private sectors are not remitting what they collected on behalf of workers.
“Even the head of service is trying to bring a lot of innovations into the Federal Civil Service and we told him, he must ensure these also go down to the states.
“We believe that for a government to succeed, the public service must always be on its toes.
“That is why we have decided to see what we can do to make the public service better than what it is now, ’’Abdulsalam said.
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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