Business
Association Wants LASG To Establish Mechanic Villages
The Nigeria Automobile Technicians Association (NATA) has appealed to the Lagos State Government to establish mechanic villages in the area for its members.
The state’s Chairman of the association, Mr Jacob Fayehun, told our correspondent in Lagos that shortage of space for workshops had hindered some of the artisans from becoming self-employed.
“The Lagos State Government should come to our aid by providing adequate mechanic villages for our members because we have the highest number of artisans in the state.
“There are more than two million artisans in the state.
“With mechanic villages in place, we will be able to set up and improve our work to meet international standard.
“Many of our members have become road side mechanics, which is not supposed to be.
“So in line with the government’s plan to make the state a mega city it will be proper for the same government to provide mechanics with a befitting site for their work,’’ he said.
Fayehun added that the move would be apt in view of the state government’s recent call on NATA members to desist from working by the road side and under the bridges across the state.
“Since the government of Alhaji Lateef Jakande, no other administration has provided mechanic villages for the artisans.
“Jakande was the governor, who introduced mechanic villages in Lagos State, but since 1983 very few states have emulated him. One of them Ogun,’’ the chairman said.
According to him, NATA members have been chased away from some of the lands that were designated as mechanic villages especially at Ojota, Agidingbi, Surulere, and Ikorodu.
The chairman of the association further said that providing mechanic villages in the state would go a long way toward creating jobs for artisans and other young people willing to acquire skills as automobile technicians.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics5 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business5 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports5 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics5 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business5 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics5 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business5 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment5 days agoAdekunle Gold, Simi Welcome Twin Babies
