Business
TUC Tasks Enugu On NHF Contribution Refund
The Trade Union Congress (TUC), Enugu State Council, has advised the state go vernment to set aside N5million monthly for payment of the planned National Health Fund contribution refund to retired workers.
The Chairman of TUC in the state, Comrade Chukwuma Igbokwe, gave the advice in an interview with newsmen, recently.
“The planned refund of the National Housing Fund contributions to the retired workers of Enugu State is hampered by the non-release of the arrears of deductions made from workers’ salaries but not remitted to the Federal Mortgage Bank by Enugu State Government between 2003 and 2007.
“The TUC appeals to Your Excellency (Governor Ifeanyi Ugwuanyi), to approve for monthly release of N5 million for a period of 20 months to offset the arrears of N88 million,’’ Igbokwe said.
According him, the TUC believe that this refund no matter how little will impact positively in the lives of these retirees.
The chairman, however, urged workers in the state to continue to remain committed to contributing their best towards the development of Enugu Public Service by being committed to their duties and “zero tolerance for corruption practices’’.
“TUC liaises and partner with the state government on how to ensure that together we shall join hands to build Enugu State while at the same time pursue the interest of workers of Enugu State.
“Dialogue, constructive reasoning and superior argument should be the primary weapon for this struggle while other severe industrial actions can be applied as the last resort,’’ he added.
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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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