Business
RSUST Industrial Dispute NASU Seeks Peaceful Resolution
As Non-Academic Staff Union (NASU) in the Rivers State University of Science and Technology, Nkpolu, Port Harcourt prepares for an indefinite strike over non-implementation of salary structure, the government has been appealed to follow the path of honour by resolving the industrial dispute.
This is to avert the negative impact of the impending strike on the students, parents and the larger society.
The Chairman of Non-Academic Staff Union (NASU) in the University Comrade Chuku Ebenezer made the appeal while fielding questions during exclusive interview with The Tide in his office.
Comrade Ebenezer revealed that at the expiration of NASU’s seven days ultimatum another three days grace would be added to press home their demands.
The NASU Chairman insisted that after the days of grace, the union would embark on what he described as “total strike” stressing that the development would cripple all activities and functions in the institution since members of the union are life wires of the university.
According to him, the most important issue that should attract the sympathy of the state government is the harsh condition of living as experienced by the university staff in the state.
“We work in an environment where some people go home with salary of about N20,000 monthly whereas the bills and responsibilities of such staff is high and enormous,” Ebenezer lamented.
Besides, he explained that Universities which implemented the new University Salary Structure approved by Federal Government in November last year are under one National University Commission (NUC), regulation, Joint Admission and Matriculation Board (JAMB) as well as other bodies with Rivers State University of Science and Technology, Port Harcourt.
Comrade Ebenezer apparently expressed sympathy with the students and parents on the expected pains the industrial dispute may inflict on them while calling on the stakeholders of the state and education sector to intervene to avert the impending ugly situation in the institution.
Isaac Nwankwo
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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