Business
Unemployment: Expert Tasks Youths On Skills
The Coordinator, Able Sea man and Motoman/Oilers, in the Rivers State Ministry of Employment and Empowerment Generation, Mr. Lawrence Bereiweriso, has charged graduates in Rivers State to have more skills apart from their areas of specialisation.
This, he said, will check the trend of unemployment in the state.
Bereiweriso, who made this known to The Tide recently, said if graudates try as much as possible to improve their skills in various areas, it will go a long way in enabling them secure jobs, instead of allowing themselves to be involved in all manner of social vices.
Bereiweriso, who suggested a two-point solution to curb the trend of unemployment stressed the need for entrepreneurship education.
According to him, the entrepreneurship skills would enable youths to be self-reliant, stating that the Rivers State government has made available several training skills for both graduates and non graduate which, he said “would have a variety of opportunities for job exchange.”
Consequently, the coordinator also blamed oil firms for the increasing unemployment rate in the state, stressing that the rate of retrenchment by oil firms has invariably left the youths to unemployment.
He said despite the huge amount of oil revenue made by oil firms in the region, none has been able to plough back the same resources in the form of employment, instead, “they often times employ and after a while retrench our youths due to financial constraints”.
He noted that the resources agitation of the people cannot be faulted considering the social responsibility obligation expected from the oil firms.
On the way forward , Bereiweriso further said that not everybody will be employed in the public sector and advised youths in the region to be involved in empowerment programmes such as those provided by micro finance banks.
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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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