Business
Ebonyi To Begin Pro Rata Payment For Contractors
The Ebonyi State Government says it plans to begin pro rata payment system for the 10 refuse disposal contractors operating in the state.
The Commissioner for Environment, Chief Paul Okorie, told newsmen yesterday in Abakaliki that the measure was to check the lackadaisical attitude of some of the contractors to their jobs.
The Tide source reports that the state government hired the contractors in 2012 to complement the effort of the State Environmental Protection Agency in ensuring that Abakaliki and environs were kept clean.
By the terms of the contracts, the contractors, who are paid N1 million each every month, are expected to oversee the cleaning of road verges, cutting of grasses on road shoulders, trimming of flowers, and general cleanliness.
“Recently, we decided that we will be paying them on pro rata basis. Whatever percentage we evaluated that, that is what you have achieved we would pay you on the basis of that.
“They are doing their best; some of them are doing quite well; some of them are not measuring up quite properly and that is why we have decided that from January, we will begin to pay them on pro rata basis.
“If you score 80 per cent, we pay you 80 per cent; if you score 60 per cent, we pay you 60 per cent.
“And after a particular period of time and we don’t see any reasonable change, we would now be compelled to think of terminating the contract and giving it to another contractor, who we think will be ready to do the job to our specification. “
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.
