Business
‘Nigeria, Too Homogeneous For Research World Bank’
The Coordinator of the World Bank-assisted Science and Technology Education Post Basic (STEP-B) project Prof. Michael Adikwu, said in Abuja that the country was too homogeneous for research and development activities.
Adikwu said that the nation should have gone beyond the point where a university in the east must be headed by a vice-chancellor from the east.
According to him, there is no reason why any Nigerian, irrespective of his geo-political area of origin or even a foreigner should not head a university anywhere in Nigeria.
He said that Britain was not behind in science and technology because most of those involved in science and technology activities in Britain were foreigners as the citizens seemed not to be too interested.
“The Nigerian system is too homogeneous; you go to our universities, if it’s situated in the east it must be Onwudili or Okoroafor that must be the vice-chancellor, these are the issues.
“If you go to Singapore, I was told that 68 per cent of their professors are foreigners; currently the vice-chancellor of Imperial Chemical Institute in London, equivalent to a university is not a Briton, the Cambridge University vice-chancellor is not a Briton I was informed.
“The issue is that we are too homogeneous.’’
Adikwu said that many Nigerian professors and scientists had their first serious scientific contact in overseas laboratories.
He stressed that there was the need to build local capacity among Nigerian scientists and researchers without too much emphasis on ethnicity or state of origin.
He said that it was the same reason why obtaining a higher degree with some Nigerian professors was very difficult as there was usually no topic, unlike in foreign universities where topics were drawn from all countries.
Adikwu added that there was also a need for a research fund to be assessed by researchers for the purpose of research.
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
-
News1 day agoNigeria Has Woken Up From Slumber Under Tinubu – Shettima
-
News1 day agoOji Clears Air On Appointment Of 15 Special Advisers By Fubara
-
Featured1 day agoRivers: Impeachment Moves Against Fubara, Deputy Hits Rock …As CJ Declines Setting Up Panel
-
News1 day ago
Nigeria To Begin Exporting Urea In 2028 -NMDPRA
-
News1 day agoEFCC Indicts Banks, Fintechs In N162bn Scams
-
News1 day ago
Situation Room Decries Senate’s Delay On Electoral Act, Demands Immediate Action
-
Niger Delta1 day ago
Tinubu, Leading Nigeria To Sustainable Future – Okowa … Lauds Oborevwori Over Uromi Junction Flyover Construction
-
News1 day agoKing Jaja Impacted Beyond Rivers -Deputy Gov
