Business
Miners Task FG, Firms On Safety Standards
Following the rescue of 33 trapped miners in Chile after 69 days, the Miners Association of Nigeria has tasked the government and companies on safety standards.
Alhaji Sanni Shehu, the national chairman of the association, gave the challenge in Jos, over the weekend when he urged the government to pay more attention to workers’ safety.
“One lesson to learn from the Chile’s experience is the need for the government and companies to have excellent safety standards and give more attention to protecting workers’ safety.”
“The lives of workers, their dignity and protection should be the focus of the government and companies concerned,” he said.
Shehu cautioned against illegal mining in the country and urged miners to observe all safety guidelines so as to guard against the Chilean experience.
He noted that the large mining companies operated in line with international best practices but added that the artisanal miners operated with lower standards.
“International best practices encompass environmental consciousness, health consideration and safety issues. These three components are critical to the modern mining world.
“While we are mining, let us be conscious of the environment, consider our health and also think of our safety because it is only when you are alive that you can mine,” Shehu said.
The chairman tasked the Ministry of Solid Minerals Development to increase its oversight functions at the smaller mining sites so as to improve safety and ensure that the guidelines were adhered to.
Shehu lamented the tragic lead poisoning in Zamfara that claimed many lives.
He said that the relevant departments in the ministry did not have the required capability and capacity to monitor mining activities in the country
Shehu urged the government to increase revenue allocation to the ministry to enable it to carry out its functions effectively, for the sector to serve as a revenue generating option for the country.
He said that mining had the potential of becoming an alternative revenue generating source for the Federal Government as against over-dependence on petroleum.
Shehu decried inconsistency in government policies, appealing that mining policies be allowed to work for sometime before they were reviewed.
The chairman also appealed to the government to facilitate funding with favourable conditions for miners to enable them to acquire equipment because mining is capital intensive.
Shehu congratulated the rescued miners and the Chilean government, saying that their rescue was a ‘major breakthrough” to the mining world.
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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