Business
Don Urges FG Support For Local Software Dev
A computer software expert, Prof. Ayo Kuye, last Friday advised the Federal Government to support the development of indigenous software.
Kuye, a professor of Chemical Engineering at the University of Port Harcourt, gave the advice in an interview with newsmen in Abuja.
Kuye said that the country had enough experts to develop software that could compare to those developed in other parts of the world.
He urged the government to put in place deliberate policies to promote the development and patronage of indigenous software.
“We have the human resources but I am not sure we have all the necessary support from government; am not talking in terms of money but in terms of policies and the implementation.
“Let there be that deliberate effort to say we want to patronise indigenous software and let it start from government.
“If we are able to do that then the sky will be the limit,’’ he said.
He also urged the government to provide necessary infrastructure such as Internet bandwidth to ease communication difficulties in the country.
The don advised software developers to ensure that their products meet international standard and the prices were competitive.
“On the side of software developers we should also aspire to get a good quality programme out; we should learn to be professional.
“It is not just because we want made-in-Nigeria software that anybody can come in, write a programme that cannot be used for anything, there is a procedure you must follow.
“If you want to develop any programme, you should learn to be professional, learn to understand the basic rudiments,” he said.
He noted that the nation’s economy would receive a boost if the software industry was developed, adding that the large population of the country would provide the needed market for the products.
“India is making money from it and some of those Indians have never left their country, they are in India and yet they write programmes for people in USA and people in outsourcing.
“If they are doing that from software development, we can also do the same thing in Nigeria,’’ he added.
Kuye had earlier in Abuja led a team of professionals to present a software framework for Computer Aided Process Equipment Design to the Raw Materials Research and Development Council (RMRDC).
He said that the council had challenged and supported the team to produce the software to boost the manufacturing sector of the country.
“Today, we have software that can be used to design cyclones, hydro cyclones, spray dryers and we are still working on some other areas.
He advised software developers in the country to partner with the team for the design of more products.
“You can then get in touch with us and we will put your programme as part of our own.
“Of course you will still own your Intellectual Property Right and it will be an avenue for us to propagate what Nigeria can do”, he said.
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
-
Sports4 days agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports4 days agoFulham Manager Eager To Receive Iwobi, Others
-
Sports3 days agoAFCON: Lookman gives Nigeria third place
-
Sports4 days ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Sports4 days agoMan of The Match award Excites Nwabali
-
Sports4 days agoRemo, Ikorodu set for NPFL hearing, Today
-
Sports4 days agoPolice Games: LOC inspects facilities in Asaba
-
Niger Delta3 days agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
