Business
Bristow Helicopters To Spend N720m On Pilots Training
The Managing Director, Bristow Helicopters, Capt. Akin Oni, last Thursday said that the company would spend $4.8 million (about N720 million) on the training of its pilots in 2013.
Oni told newsmen in Lagos recently that the company would expend the sum of $300, 000 (about N4.5 million) on each of the 16 pilots to be trained during the period.
According to him, the training of pilots, engineers and other technical personnel, is a yearly exercise by the company.
He said that the pilots would be trained at International Aviation College, Ilorin, Kwara.
Oni said that the candidates were picked from 2,000 applicants and the training would last for eight weeks.
He explained that after the initial training at Ilorin, the trainees would go for further training at Bristow Academy, Florida, United States of America.
“The purpose of the training is to correct expatriates quota in the aviation sector, hoping that in the next couple of years, the helicopter company will fully be taken over by indigenous people,” he said.
He stated that the Florida training would be for 12 months, where trainees would be fully exposed to pilot training.
“The purpose of this training by our company is for us to contribute our quota to the Nigerian policy on reduction of expatriate pilots.
“We have been doing this for many years and we will continue to do this until the whole company is taken over by Nigerians.
“In 2002, we trained 20 pilots and in the last five years, we’ve trained 70 pilots and we have been doing this training for the past 25 years,” he said.
He said that over 70 per cent of the helicopter pilots working in the country were products of the company.
Oni said that the company was presently training 12 engineering cadets at the Nigerian College of Aviation Technology (NCAT), Zaria, Kaduna State.
According to him, plans are also underway to train another batch of 20 engineering cadets at the same college, bringing the total number of cadet engineers to 32 for 2013.
He noted that the company was partnering NCAT to renovate its two classrooms and also sending its helicopters to the school for training.
Oni also said that Bristow was training four instructors from the college in the United Kingdom.
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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