Business
Union Issues 21-Day Ultimatum Over Labour Issues
The Association of Senior Civil Servants of Nigeria (ASCSN) has given the Federal Government 21- day ultimatum to address labour issues in the Federal Ministry of Education to avoid industrial crisis.
The Secretary General of the association, Mr Bashir Lawal, gave the ultimatum in a letter addressed to the Minister of Education, Prof. Ruqayyatu Rufa’I, a copy of which was made available to newsmen on Friday in Lagos.
The letter warned that if the government failed to address the issues within 21 days from the date of the receipt of the letter, the union would embark on series of peaceful protests to press its demands.
According to the letter, the contentious issues include stagnation of officers in the ministry, non-payment of promotion arrears, inappropriate placement of officers and posting of workers without paying their allowances.
Other issues are punitive posting of union officials and non-payment of entitled allowances to officers who took part in the mandatory training, organised by the Office of the Head of the Civil Service of the Federation in 2010.
It said that in spite of the several letters written by the union that both parties should dialogue, the ministry refused to dialogue with it.
The letter said that the ASCSN, made up of officers on grade levels 07 and above in the federal and 36 states’ public services cherished dialogue.
“Dialogue as a veritable tool of industrial relations practice engenders harmony in the workplace.
“That is why the leadership of the union has continued to appeal to the management of the ministry to find a common-ground on the latent labour issues,” it said.
The letter said that since the union had exhausted all avenues for both parties to dialogue and resolve the lingering issues without success, the government must resolve them within 21 days.
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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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