Business
Minimum Wage: Anambra Workers Give Gov 14-Day Ultimatum
Civil servants in Anambra State have given Governor, Willie Obiano, a14-day ultimatum to implement the agreed template on new minimum wage or face industrial action.
In a communique issued yesterday at the end of the State Executive Council meeting of the organised labour on the implementation of the new minimum wage and its consequential adjustment in Awka, the workers accused the governor of reneging on the agreed template it reached with the organised labour.
They expressed disappointment over the non implementation and disregard to the agreement government reached with organised labour .
The communique was jointly signed by the Chairman of Joint Negotiations Council (JNC), Comrade Benson Jibike, Chairman of Anambra State chapter of Nigerian Labour Congress (NLC), Comrade Jerry Nnubia; Chairman of Anambra State Trade Union Congress (TUC), Comrade Ifeanyi Okechukwu; Acting Secretary of JNC/Secretary of Anambra State Association of Senior Civil Servants of Nigeria (ASCSN), Mr Alex Ebi and Secretary of Nigeria Union of Local Government Employees (NULGE), Comrade Netufo Segun.
The workers said they were not happy with the government’s implementation of the minimum wage and may proceed on industrial action after the expiration of 14-day ultimatum, to press home implemention of the agreed template.
According to the workers, government started implementing what it called new minimum wage without issuance of circular on what was agreed between it and organised labour.
The chairman of JNC, Jibike, said that they noticed some pitfalls in the agreed template they had with the government.
According to him: “On 24th of January 2020, we finalised agreement with government on the new minimum wage increment, but surprisingly, workers received their January salaries without the reflection of the agreed scale increment,” he said.
Likewise, the chairman of the state NLC,Nnubia, said what the state government paid in January cannot be taken as the new minimum wage.
He said, the normal way of implementing the new wage was to issue circular to workers before payment, saying in this case, government just added what it liked to workers’ salaries.
“Before any new salary adjustment, there must be circular and we did not see any, government just added two and five thousand naira on the salary, and it called it new minimum wage without telling us how it came by the increment. We still believe what government added in the January salary was bonus and not new minimum wage implementation,” he said.
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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.
