Business
Tobacco Employees To Check Victimisation, Redundancy
The National Union of Food Beverages and Tobacco Employees (NUFBTE) has resolved to stand against unfriendly labour issues that have confronted their members in the country.
Speaking during the 11th State Triennial Delegates Conference and election of new executive in Port Harcourt recently, the National President of NUFBTE, Comrade Lateef Oyelekan, said “all challenges that have eaten deep into our rank and file are the ones we are to face squarely”.
According to Oyelekan, such challenges include; high rate of redundancy, injust termination, and countless cases of victimisation.
Others are casualizatio, contract wrok and several other inhuman activities metted out to their members.
The President, who stated that worker’s welfare should be taken seriously stated that committees would be set up to check the trend of inhuman treatment against members in the country.
While admonishing its members, the President said electioneering process should not be seen for electing leaders alone, but also the time for leaders to account for their stewardship, and make objective judgement for the future.
“I want to implore everyone here to avoid violence and any other assault that could mar the on-going democratic process or tarnish the image of our great union… it is my belief that leaders of vision will emerge and be responsive to the plight of our members”.
On his part, the State Council Chairman of the Union, Comrade Franklin Ariolu expressed appreciaton over the foresightedness in steering the affairs of the union to greater heights.
He used the medium to implore the leadership in the nation to take close notes of the nation’s insecurity situations, bad road networks and very poor living standard of an average Nigerian.
“Election is a constitutional issue with appropriate rules. Never despise others if you win, and never destroy the system if you fail to win,” he said.
The Rivers State Nigeria Labour Congress (NLC) Chairman, Chief Chris Oruge, thanked the electorate for a peaceful election.
Oruge, who was represented by Mrs Beatrice Hubo, said the NUFBTE has been so useful to NLC.
He advised them to avoid litigation that will bring about the downfall of the union and charged them to ensure peace and harmony in the union.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics3 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business3 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports3 days agoJ And T Dynasty Set To Move Players To Europe
-
Business3 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics3 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Politics3 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business3 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment3 days agoAdekunle Gold, Simi Welcome Twin Babies
