Business
BoPP Challenges New Procurement Officers On Due Process
The Director-General,
Bureau of Public Procurement (BPP), Mr Emeka Eze, has advised the newly recruited procurement officers to follow due process in the award of contract or risk going to jail.
Eze said this at the opening ceremony of the one week procurement training for the 130 officers in the Federal Civil Service.
He said that being a procurement officer was a sensitive position to hold in any government Ministry, Department and Agencies (MDAs).
He advised them to refrain from corrupt practices and any other act that could tarnish their reputations.
“You have the opportunity to make the changes you so desire in the way contracts are awarded in the country. This training will teach you how to handle yourself in your new role.
“On Saturday, we will take you to Kuje Prisons; we will take a tour of the prisons because public procurement officers, if not careful, are potential occupants of the prisons.
“So, when you are taking decisions as procurement officers, you will decide for yourself whether you want to end up there or not,’’ he said.
Eze said that the induction of fresh graduates into the sector would strengthen the sector and help reduce corruption in public procurement in the country.
The BoPP boss said the training would be on public service rules, financial regulations, discipline in the public sector, structure of the civil service and the roles as procurement officers.
Meanwhile, the Administrator, Public Service Institute of Nigeria, Dr Shehu Misau, said this was the first time Civil Service Commission was employing people specifically to handle procurement in Federal Government MDAs.
“This training is exceptional and will create the niche that is required for accountability, transparency and due diligence in your work as public procurement officers.
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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