Business
IPPIS Enrols 237 MDAs, Fix December 31 Deadline
A? Consultant on the? Federal Government’s Integrated ?Personnel and Payroll Information System (IPPIS), Mr Kola Oladeji, says ?237 ?Ministries, Departments and Agencies (MDAs) have ?been ?enrolled into ?the initiative.
Oladeji said this on Tuesday in Osogbo ?in?an interview with newsmen.
The ?IPPIS? initiative was introduced ?by the? Federal Government to computerise ?the data of workers as well as their emoluments.
Oladeji said with the introduction of ?IPPIS, the Federal Government had been able to match emoluments with actual number of workers.
He said? it was wrong to think that? government was out to rationalise its workforce with the scheme,?adding,?”it is the ?world’s ?best practice to plan on actual figures and not estimates.’’
“With the IPPIS in place, it is easy for government to plan for the welfare of its workers; know when to recruit; make recruitment transparent and to track service records,” ?Oladeji said.
The?consultant said?that with IPPIS, desk officers involved in ?payments, human resources and auditing would?still be relevant, adding that ?”only? their jobs will be automated.’’
“President Goodluck Jonathan has?directed that other MDAs ?yet to enrol in the system should?do so by the end of December.
“As soon as we are through with the enrolment stage, every MDA will have?IPPIS desk,’’ he said.
He said with the IPPIS, issues of availability and reliability of ?management information as well as other systemic deficiencies would be?addressed.
The Federal Government had ?between 2007 and 2010?reduced personnel costs in MDAs ?by N12 billion.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics5 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business4 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoJ And T Dynasty Set To Move Players To Europe
-
Politics5 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business5 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics5 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business5 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment5 days agoAdekunle Gold, Simi Welcome Twin Babies
