Business
ASUU Decries Sale Of Handouts
The Academic Staff Union of Universities in Nigeria (ASUU), has expressed displeasure at the mandatory sale of handouts by some lecturers in tertiary institutions.
President of the union, Prof. Biodun Ogunyemi, expressed this view in an interview with newsmen last Tuesday, in Abuja.
“ It is not wise for lecturers in our tertiary institutions to compel students to be buying handouts, though it is not a widespread practice; we have few people that are misbehaving.
“But the system has a way of handling them, so anywhere they see them they always put them on check.
“It is not permitted in the system and there is a structure for tracking and dealing with that so ASUU as a union don’t condone it and we discourage it anywhere and everywhere we go ,’’ he said.
However, a cross section of Nigerian students had decried the rate at which some lecturers extort money from them in the name of selling of handouts.
Speaking in separate interviews with The Tide source, students lamented that they were being forced to buy handout and that failure to do so could result in failing the courses.
A student in the Faculty of Agriculture, University of Abuja, Mr Osita Chukwu, alleged that the lecturers usually assigned some students to sell the reading materials to them.
Chukwu alleged that the handouts were sold between N1, 500 and N2, 000, saying that the students were also made to submit their registration numbers for identification of defaulters.
“ The most annoying thing is that you may have three lecturers handling a course and each of them will print a handout for students to buy.
“ And they will make it compulsory, so that you have no option than to subscribe to it, because if you decide to photocopy it, you may stand the risk of failing the course.’’
A student in the Faculty of Business Administration, Miss Joy David, Nasarawa State University, Keffi, decried the manner some lecturers compel students to buy handouts that sometimes lack depth.
Contributing, a student of Olabisi Onabanjo University, Ago-Iwoye, Miss Janet Obiora, said the sale of handouts by some lecturers had promoted mediocrity among students as many of them no longer go to the school library to do research.
She opined that the mandatory sales of handouts also encouraged laziness among students who often want to concentrate on the handouts from their lecturers.
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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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