Business
Employment: NUPENG Wants CSR Inclusion In Oil, Gas Sector
The leadership of the
National Union of Petroleum and Natural Gas Workers (NUPENG) in Delta State, has demanded the incorporation of Corporate Social Responsibility (CSR) in employment terms for companies within the oil and gas industry in Nigeria.
Speaking to newsmen in Asaba on Wednesday, the Union Vice Chairman, Comrade Azubuike Emordi, lamented the absence of CSR from the union members employment.
Emordi said that union members are owed hazard allowances for several months, child education for 2016 and furniture grant, stressing that the outstanding allowances should be paid without delay by the management of their members employers.
He said that the union would not hesitate to mobilize its members out to embark on work-to-rule over these irregularities and delay in their salary payments, adding that members of the union working with the various oil and gas exploration companies are suffering due to poor salaries and unfavourable conditions of service.
He enjoined staff of the various oil and gas exploration companies operating in Delta State yet to identify with the union for their benefit.
The labour leader also urged the companies to provide social amenities health centres and other facilities to their host communities as a way of reducing the hardship faced by the people and the union members in Delta State.
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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