Business
Environmentalist Tasks Amaechi On Employment Generation
A renowned environmentalist and Managing Director of Dexcom Solution Limited, Port Harcourt, Dr. Marvin Dekil, has urged Governor Chibuike Rotimi Amaechi of Rivers State to give special attention to creation of employment for youths of the state as he settles down for his second term in office.
Dekil who made the call in an interview with The Tide in Port Harcourt suggested that the Amaechi administration should partner with foreign investors for the purpose of bringing in companies into the state to create jobs for the teeming unemployed youths.
This, he said, would go a long way to address the problem of youth restiveness in the state which he said was aggravated by the high level of unemployment.
He also noted that attracting productive and manufacturing companies into the state was equally capable of reducing the incidence of unemployment in the state, stressing that there was urgent need to train skilled manpower, as it would provide the needed skills for Rivers people to be gainfully employed in oil companies which abound in the state.
Dekil asserted that by training Rivers people in such a manner, the oil companies would no longer use lack of skilled manpower as an excuse to deny the people employment.
He, therefore, urged government officials to urgently visit the various oil companies in the state and ascertain existing vacancies with a view to allowing indigenes of the state to fill the quotas of such vacancies earmarked for them.
According to him, “if this is done, you will be surprised, how many of our youths will be employed in the companies.”
While commending President Goodluck Jonathan for his successful election, he said the only sure way of properly regulating the activities of oil companies in the Niger Delta area was the drafting of the right laws by experts and the review of compensation laws.
The payment of the right compensation, he said would go a long way to address the problem of poverty among the people of the Niger Delta.
Donatus Ebi
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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