Business
Labour Minister Challenges Agencies On Skills Acqisition
Minister of Labour and Productivity, Chief Chukwemeka Wogu, has urged the National Directorate of Employment (NDE) and the National Productivity Centre (NPC) to articulate measurable targets to boost skills acquisition.
This was contained in a communiqué made available to The Tide by the Federal Ministry of Labour and Productivity, Abuja.
The document stated that the labour minister gave the charge on Tuesday in Abuja at an interactive session with top management staff of NDE and NPC, where he also challenged DNE to make wealth creation its major objective.
Wogu emphasised the need for the agencies to submit detailed data on their achievements in 2009 to enable them make appropriate plans for the future.
“We need to know what your achievements were in 2009, and projections for the future, particularly in the areas of capacity building and wealth creation.
He continued,” it is for us to provide you with the necessary logistics to achieve the goals within the ambit of the law,”
According to the document, the NDE Director General, Mallam Abubakar Mohammed, told the minister that the cararen used for the Directorates school on wheels were in a deplorable state.
In his response, the minister promised to ensure that the caravans were in good working condition and charged the staff of the agencies to improve on their productivity
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.
