Business
Engineers Urge FG To Revive Technical Colleges
Nigerian Society of Engi
neers (NSE) in Abuja urged the federal government to revive technical colleges to train artisans and craftsmen to enhance proficiency in the construction industry in the country.
The Chairman, NSE Abuja chapter, Mr Yakubu Garba, told journalists in Abuja that if artisans and craftsmen are properly trained, it would reduce the incidence of building collapse in the country.
According to him, the building industry is the largest employer of labour and so everybody claims to be a structural engineer without acquiring the relevant building technology and structural engineering skills.
Garba said that there was urgent need to revitalise vocational training centres and technical colleges across the country to create a pool of man power needed in the industry to eliminate quacks.
He explained that this will go a long way to reduce the incidence of the frequent collapse in structures.
The chairman explained that construction does not start and end with engineering, saying that the engineers constructs what has been designed by the architect.
The engineer ensures that what is designed on paper is effectively brought to reality on ground.
“The skills proficiency of our artisans and craftsmen is very poor and this is due mainly to the dearth of technical and vocational training centres.
“We have discovered from experience on the field that if you see excellent bricklayers, plumbers and electricians, they will tell you they are from Togo, Ghana or Benin Republic.
“So if government on its own part can bring back the training centres to train these artisans on how to construct buildings; it will reduce the rate of building collapse,’’ Garba said.
He said that in order to reduce the rate of building collapse, Nigerians need to stop the attitude of my brother syndrome and give construction jobs to the right personnel instead of quacks.
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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