Business
S’South NULGE Set To Pull Out Of NLC
The South-South Zonal leaders of the Nigeria Union of Local Government Employees (NULGE) have expressed the willingness of the zone to pull out of the central labour organisation, the Nigeria Labour Congress (NLC), over what they considered to be outright endorsement of the abolition of the Local Government Autonomy by NLC National President, Comrade Omar Abdulwaheed.
This was contained in the NULGE communiqué issued after its zonal meeting held in Benin City and made available to The Tide.
The union said the NLC President’s stand does not guarantee the union’s cause on local government autonomy, adding that the zone was therefore calling for the pulling out of the union from the NLC.
The communiqué signed by the union’s National Vice President, Comrade Lucky Gospel Ewa, Deputy President, Comrade Edeki Friday Joman, chairperson, National Women Committee, Zonal Chairman, Comrade Pedro Chindah, Comrade Wadys Nweye, among others respectively.
The zonal leaders condemned the purported endorsement of the NLC president on the abolition of local government as contained in the recommendation of the committee on political restructuring at the on-going national conference.
The communiqué accused the NLC leader of nursing morbid hatred and dislike for local government workers’ struggle in the country.
According to the communiqué, the national conference Committee on Political Restructuring’s recommendation calling for local governments in the country to be run by the state governments was a decision of some people.
The union said the decision was at variance with the views of Nigerians as expressed in the last constitutional review exercise.
The South-South leaders of the union stressed that what was needed now was the conclusion of the amendment of the 1999 Constitution to give autonomy to the 774 local governments in the country.
The union said that constitutional backing to the local government autonomy would ensure a stronger system of the third tier administration with direct funding to enable it perform better.
The South-South NULGE noted that the existence of local government as a tier of government has been guaranteed by section 7 of the 1999 Constitution.
NULGE called on Nigerians to come out and defend their decision as expressed during the public hearing organised by the House of Representatives in the six geo-political zones, stressing that the recommendations of the National Conference Committee on Political Restructuring were an aberration and complete rape on the collective wishes of Nigerians.
The communiqué appealed to Nigerians to prevail on members of the National Conference to reject the report during the plenary sessions.
Philip Okparaji
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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