Business
Revisit ASUU Demands, CNPP Tells FG
The Conference of Nigerian Political Parties (CNPP), has called on President Goodluck Jonathan to revisit the 2009 agreement between the Federal Government and Academic Staff Union of Universities (ASUU) in order to implement it.
In a statement in Enugu yesterday, CNPP said that after a close study of the demands of ASUU, it came to the “inevitable conclusion” that the demands were patriotic and rational.
“Accordingly, we call on President Goodluck Jonathan to, as a matter of urgent national importance, honour the 2009 agreement,” it said in a statement signed by Osita Okechukwu, its National Publicity Secretary.
The statement said CNPPwas alarmed when the Minister of Education, Prof. Ruquyyatu Rufai, said the initial agreement was that the money to offset the allowances as demanded by ASUU should come from internally-generated revenue from the universities.
“To compound matters, she said that when the agreement was signed in 2009, it did not stipulate who would even pay the money or from what source,” the statement said.
It said that whereas parents could contribute in training their children, CNPP was of the view that the federal and state governments had enough money to fund the universities.
“The source of funding for federal and state universities must be the government, with the parents supplementing; not the other way round,” it said.
The conference also called on the minister to get the best out of the president not only for the universities, but for other educational institutions.
Meanwhile, the Academic Staff Union of Universities (ASUU) in University of Benin has appealed to Governor Adams Oshiomhole of Edo to intervene in the dispute between its members and the Federal Government.
The Chairman of the branch, Dr. Anthony Emine, made the appeal yesterday at the Government House, Benin, when he led his executive committee members on a courtesy visit to Oshiomhole.
Emine said it was very painful that the academic community had to embark on strike to actualise their demand from the government, which had failed to honour an agreement it reached with the union.
The chairman said, “in 2009, we know how you intervened to let government sign the agreement.
While urging the governor to accelerate the progress of work going on at the Ugbowo axis of Benin City to revive night life, the ASUU chairman said“ there were alternative roads that should be provided with street lights.
Responding, Oshiomhole, who said he would be happy to play any role to resolve the issues that had led to the strike by ASUU, noted that “agreements are meant to be obeyed.
On the Ugbowo road construction, he said the state government had to award the contract for the construction of two additional lanes on Ugbowo Road to ease the traffic on the road.
He added that provisions had been made in the 2012 budget for street lights for the Ekosodi community.
Oshiomhole said that the street light project in Ekpoma community in Edo Central Senatorial District had been completed but explained that because of limited funds, his administration had to do some of the projects in phases.
He said “we do not want to award contracts we cannot pay for and due to the wage increase in the state, expenditure has gone up.’
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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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