Business
SURE-P Boss Reassures On Jobs Creation
The chairman of the
Subsidy Reinvestment and Empowerment Programme (SURE-P) in Ekiti State, Mr. Femi Akinyemi, has reaffirmed that with the sustained support of the programme from the Presidency, unemployment would be tackled in the country and in the state.
He said that about N240 million has so far been made available to the federal government to tackle the unemployment situation in Ekiti State.
Akinyemi, who made this known during a sensitisation and mobilisation programme in Ado-Ekiti, said that the president was passionate about soloing unemployment problem through SURE-P.
He also expressed optimism that through the SURE-P, the unemployment situation which has plagued the nation over the years would be adequately tackled.
The unemployment figure being estimated by the National Bureau of Statistics (NBS) revealed that the unemployed Nigerians stand at 23.9 percent.
According to him, a mandate has been given to them through the programme to create at least three thousand Jobs, for which they are very much determined to actualise.
He stressed the importance of the sensitisation to enable the SURE-P achieve its set objectives, adding that the Nigerian Burean of Statistics records had indicated that the 23.9 per cent unemployed Nigerians translates to about 40 million Nigerians in need of employment.
Akinyemi also noted that one of the challenges plaguing unemployment in the country was the inability to absorb nearly 30,000 graduates who come out from the universities and other tertiary institutions across the country every year.
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.
