Business
Host Communities Hamper Employment Of Rivers Youth -Perm Sec
The Permanent Secretary of the Rivers State Ministry of Labour, Employment and Empowerment Generation, Mr Monday Ekekentah has identified youths in host communities of companies as the major challenge faced by the Ministry in the Employment of other youths in River State.
In an exclusive interview with The Tide, on Wednesday, Ekekentah explained that as part of measures to creat jobs for qualified Rivers indigenes, the Ministry liaise with companies to seek employment for youths in the state.
He continued that on consultation, some of the companies refused to employ non-indigenes of their host communities.
According to him, “Local communities are making our work difficult in that they pressurise the companies to employ only youths from the immediate communities.
Ekekentah explained further that this development came to the fore following a recent petition written by unemployed youths in Rivers to the Ministry.
Consequently, the Ministry, he said, made consultation with some companies which include Saipem and DBN Nigeria Ltd on why they refused to honour names of persons sent by the ministry for employment.
Some of the major claims of the companies were that the communities in which they are carrying out their operations do not allow them to employ people from outside the communities,” he said.
In order to check this development, the permanent secretary said the ministry has referred the matter to the State House of Assembly for legal action.
“I have reported this matter to the chairman, House Committee on Youths, Employment and Empowerment. They promised that they will put up a bill in the house to abolish the imposition of community Liason Officers (CLOs) operating in various parts of the state.
“This is to enable Government Liason Officers (GLOs) posted from our ministry to handle the issue of employment between the Ministry, companies and communities to ensure that proper skilled and unskilled people are employed in these companies,” he stated.
He used the opportunity to call on youths “to desist from writing frequent petitions against the officials of the Ministry and the companies operating in the state.
Sogbeba Dokubo
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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