Business
Rivers Assembly Assures Protesting …Vows To Resist Slave Labour Ibeto Workers
Deputy Speaker of the Rivers State House of Assembly, Hon. Dumnamene Deekor has assured protesting workers of Ibeto Cement Company in the state that their grievances would be looked into by the House.
He stated this recently when placard-carrying workers of the company went on protest to the State House of Assembly, stating their displeasure over what they termed “slave labour.”
While thanking the workers over the peaceful manner in which they comported themselves in presenting their grievances, Hon. Deekor, assured them that the state law makers will address their problem with the company.
“We (legislators) will not allow any investor to cause trouble in the State…We will use every legal instrument within our power to resist any form of slave labour in the state,” he said.
Earlier, Mr Ebenezer Chuayekien, the spokesman for the protesting workers, had briefed the Deputy Speaker that they were protesting against such act as working without condition of service and indiscriminate sacking of workers without payment of entitlements.
The spokesman also stated that workers were not paid medical allowance, even as “we inhale a lot of cement dust,” saying that this is contrary to what holds in other cement companies.
“We work for 11 hours in the morning, and 13 hours in the night without over time. Is this not the highest form of slavery? We are, therefore, demanding that the company pay entitlements to those it has laid off,” he continued.
Meanwhile, the workers also claimed that the State Nigeria Labour Congress (NLC) scribe is instrumental to the sack of some of them and the company’s refusal to pay them their dues.
A case in point was the allegation that Prince Williams was used by the company to stop them from unionising.
On consultation, however, Williams denied the allegation, saying it is “a calculated attempt to drag my name through the mud.
“Howe could I be involved when I am neither a staff nor a consultant to the company,” he asked rhetorically.
Some of the placards carried by the workers bore such inscriptions as “Ibeto, stop enslaving Rivers indigenes,” “RSHA” save our souls,” “we need our benefits,” and “Addah Williams and Darrick are collaborators.”
Sogbeba Dokubo
Business
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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.
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