Business
Bayelsa Pays N6bn On Contracts …As NYSC Loses 8 Members
Bayelsa State Government, has released the sum of N6 billion to three construction companies for the completion of the three senatorial road projects in the state.
At the presentation of the cheques in Yenagoa, Governor Seriake Dickson, urged the contractors to give the people quality jobs.
The governor also signed two bills passed by the state House of Assembly into law.
The presentation of the N6 billion to the contractors marked the commencement of infrastructural development under the new administration in Bayelsa State.
The breakdown of the funds shows that N2billion was released to Julius Berger for the construction of Yenagoa-Oporoma road, representing the Central Senatorial road project, N2.5billion for the construction of the Sagbama/Ekeremor road in the West Senatorial road to Setraco and N1.5billion to China Construction and Company, for the Etegwe–Tombia road.
The Commissioner of Works and Infrastructure,Mr.Lawrence Erudkapo,said the three multinational construction companies were carefully selected based on their proven integrity and that the Etegwe-Tombia road would be built with eight bridges.
In his remarks, Governor Seriake Dickson,said the construction of the roads would open up the riverine communities for development.
He said the government was committed to transforming Bayelsa State.
The Governor also signed two bills recently passed by the State House of Assembly into law.
The new laws are the Bayelsa State College of Arts and Science Re-Establishment Law 2012 and Bayelsa State Thanksgiving Day 2012.
Governor Dickson said the College of Arts and Science would now take-off from the Science Secondary School along Okaka Road after an upgrade of facilities.
He renewed the commitment of the present administration to develop the education sector.
Earlier, while presenting the bills in company of other lawmakers,the Speaker of the State House of Assembly, Mr.Kombowei Benson,said the legislature would work hard to support the executive arm to succeed in its task to transform the state.
Meanwhile, the National Youth Service Corps (NYSC) in Delta State has said that five of its corps members who served in the 2011 Batch ‘B,’ lost their lives during the service year.
The state Coordinator of the scheme, Mrs Vivian Omeruo, disclosed this yesterday in Asaba at the passing out parade of 2011 Batch B corps members.
She, however, said that their deaths, which occurred “through various unfortunate circumstances, were heroic as they died in active service”.
Omeruo also said that 25 corps members were pencilled down for various sanctions ranging from repeat of service to extension of service for various disciplinary conducts.
She said that out of the 25 corps members, nine who absconded would repeat the service year.
The coordinator said the names of the nine corps members had already been forwarded to the National Directorate of the NYSC for ratification.
She said the remaining 16 would have extension of service for periods ranging from two weeks to four months.
In Jigawa, NYSC Coordinator, Mr Ishaya Dede, expressed satisfaction that corps members posted to the state were safe.
He said that recently, 200 corps members voluntarily re-deployed from neighbouring states to Jigawa because of the peace enjoyed in the state.
“Jigawa is a small state, yet we have more corps members now than Kano and some other states in the North.
“This is because some of them were re-deployed here for safety, good welfare and better facilities in our orientation camp,” he said.
Dede said that out of 1,500 corps members, who passed out, 12 of them received the state Governor’s award, while names of 30 others, who contravened the NYSC Act had been forwarded to the headquarters for further action.
In his remarks, Governor Sule Lamido of Jigawa lauded the contributions of the NYSC in the state to the campaign against HIV and AIDS, polio virus and mass illiteracy among others.
In Bayelsa, the state NYSC Coordinator, Mr Abdulrasheed Abiodun, said three corps members died during the service year, while the services of 12 others were extended for truancy.
Meanwhile, 30 out of the 906 corps members, who served in Gombe State were honoured with awards, according to Mr Teryima Igyuse, the state Coordinator of the scheme.
He listed the award to include 20 certificates of merit and 10 certificates of commendation for participation in community development service.
He said the best female among the award winners received the First Lady Hajiya Adama Dankwambo’s award.
Igyuse said four corps members, who absconded from service would repeat the service year, while the service of two others would be extended.
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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