Business
N-Power Scheme: FG Deploys 50,000 Non-Graduate Applicants, Sept
No fewer than 50,000 non-graduate applicants in the N-Power volunteer programme would be deployed in late September and trained in October, the Presidential aide on job creation and youth empowerment, Mr Afolabi Imoukhuede, has said.
Imoukhuede dropped this hint in an interview with newsmen recently in Abuja.
The aide said that the deployment was delayed to enable the job creation team to provide all needed training materials for the volunteers.
He explained that the volunteers would be deployed to begin three-month vocational training in seven disciplines followed by nine-month apprenticeship in related industries before venturing into self-employment.
He said that September deployment was because officials had mapped the volunteers who applied in 2016 to go to the various centres for physical verification to ensure that those in existing N-Power scheme were removed.
“The basic tools that the trainees are going to use we also centralised the procurement and that procurement has been concluded.
“Contracts were awarded as at end of June and as I speak now literally all contractors have delivered to the six zonal warehouses that we then appointed.
“So we have a warehouse for South South in Edo which is a gateway into South South, for South East we have a warehouse in Umuahia, for South West we have Lagos.
Furthermore, “For North East we have Yola, for North West we have in Kaduna and for North Central we have warehouse in Abuja.
“These are zonal warehouses that have received tools for all the vocational trades from automobile to carpentry and all the seven disciplines.
“In addition to that the training consumables that the centres would also use to bring the volunteers to the level of industry competence were also procured and distributed in all the six zonal warehouses,’’ said the aide.
He said that the reason it was done was that one could really begin to measure standards.
“So, there will be no case of the training being given out in Yobe different from the one in Kaduna or in Umuahia and also no question of some centres having consumables and others claiming they were not supplied,’’ he explained.
The presidential aide said that a centre assessment committee, with the Labour Minister as Chair and him as alternate chair, was set up early in the year to visit the zones.
He said that with the committee the N-Power team had actually gone round the country and picked again three states in each geo-political zone plus Lagos and Abuja.
Accordingly, he said, that the training centres were now in 19 states and FCT, adding that all the centres are recommended for training and retreats across the country.
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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