Business
Artisan Tasks Govts On Their Training, Retraining
Vice President of Lagos State Council of Craftsmen and Artisans, Alhaji Nurudeen Buhari, on Thursday said that local technicians needed more training to meet international best practices.
Buhari told our correspondent in Lagos that the much needed technological transformation of Nigeria was hinged on the number of available skilled craftsmen and artisans.
“ The issues of training cannot be over emphasised.
“If we are to be seen moving towards our international counterparts in the area of technological development, we must address the issue of training our technicians.
“Good enough, the Lagos State Government’s emphasis on technical education in school curriculum will move us more towards attaining best practices in our craftsmanship.
“That is why I say we need more vocational centres in the country to train our artisans, “ he said.
Buhari said that Nigeria might not be able to attain rapid technological development if it did not take the issue of training of her craftsmen seriously.
“The issue of training and retraining should be taken as a paramount policy objective of government because its full realisation will lead to optimum capacity utilisation of technicians, “ he said.
Buhari said that governments at all level ought to engage indigenous artisans more often in their projects to have positive impact on the local economy.
“We, craftsmen in Lagos commend the state government for charging its ministries, departments and agencies to always use us in executing their projects.
“The more they give us jobs to do, the better for the state’s economy and the better for the state in terms of reducing crimes,“ he said.
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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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