Business
FG Sets Up Committee On Aviation Unions’ Demands
The Federal Government has set up a committee to look into the demands of labour unions in the aviation sector.
The decision was taken at the end of a stakeholders’ meeting chaired by the Minister of Labour and Productivity, Chief Emeka Wogu.
This is contained in a statement issued at the end of the meeting and signed by National President of Air Transport Services Senior Staff Association of Nigeria; Mr Okewu Benjamin,
Mr Mohammed Safiyanu, National President, National Union of Air Transport Employees; Dr Uwem Akangson, Director Human Resources, NAMA, and Mr Eyaru Victor, National President and National Air Traffic Controllers, also signed the statement.
The statement said that other members of the committee would be worked out by the Permanent Secretary, Ministry of Aviation.
“To be included in the committee are, the Permanent Secretary, Federal Ministry of Labour and Productivity and Permanent Secretary, Ministry of Aviation, as well as a member of Trade Union.
“The timeframe for the work of the committee shall be concluded within a reasonable time as was deliberated upon and agreed at the meeting.
“Based on the above, the proposed strike by the Trade Union was shelved,’’ it said.
The statement said that due notification was not given to Federal Ministry of Labour and Productivity in the dispute.
It said the issue of basic and other allowances of NAMA staff would be taken up by a committee headed by the Permanent Secretary, Ministry of Aviation.
The aviation unions, under the aegis of the Trade Union Congress, vowed to shut down the Nigeria airspace as part of efforts to press for implementation of the new salary scale endorsed by National Salary, Incomes and Wages Commission.
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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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