Business
SURE-P To Recruit 3,000 Beneficiaries In Rivers
The Rivers State Implementation Committee (SIC) for
the Subsidy Reinvestment and Empowerment Programme (SURE-P), says it has
concluded plans to recruit 3,000 people to benefit from the scheme across the 23 local government
councils in the state.
The
chairman of the committee, Chief Onyiri Oris who spoke with journalists in Port
Harcourt, recently, said the programme will be achieved through the newly
launched Community Services Women and Youth Empowerment (CSWYE) scheme.
He
said CSWYE which is under the Social Safety Net (SSN) of the Federal
Government’s SURE-P, was designed to mitigate the impact of the subsidy
discontinuation policy both on the poor and other valuable people, especially
in the rural areas.
According
to him, they are also targeting to recruit 1,850,000 community service
beneficiaries across the nation including Abuja.
He
explained that the exercise will come in two phases of 3,000 and 2,000
beneficiaries respectively in each of the 36 states and the Federal Capital
Territory.
The
chairman, who went down memory lane, said the programme is one of the President
Goodluck Jonathan’s transformation agenda to, among other things, impact
meaningfully on the grassroots.
He
hinted that the exercise has since started across the 23 LGSs of the state with
its mapping by local government desk areas into five clusters each.
Upon
conclusion, SIC and CSWYE and the state implementation hint members, will them
commence the identification, orientation and documentation of the 3,000
beneficiaries.
The
Tide learnt that the exercise has
since started with Ogba/Egbema/Ndoni, Asari-Toru, Bonny, Omuma and Opbo/Nkoro
at the first roll, while others will follow until the last day.
Other importance of the programme is, improvement of lives
at the rural areas for which N10,000 stipends is expected to be paid to each
beneficiary.
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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