Business
Kwara Council Discovers 339 Ghost Workers
Alhaji Luqman Owolewa, the Chairman of Irepodun Local Government Council in Kwara, yesterday, said the council discovered 339 “ghost workers” on its monthly pay roll.
Owolewa told newsmen in Omu-Aran, headquarters of the council, that an audit committee would soon be set up to scrutinise the council’s pay system.
He said the audit committee became necessary in order to fish out more “ghost workers” and correct other anomalies in the council’s pay process.
The chairman said that the result of his assessment of the workers few weeks after assumption of duty showed that out of the 839 workers on the council’s pay roll, only 500 were genuine staff members.
He added that “when I assumed duty in November, I was surprised at the few number of workers reporting for duty and this prompted my undertaking a personal assessment to know what was wrong.
“I immediately ordered the stoppage of the salaries of those workers we could not identify physically.
“It was there that we discovered lots of discrepancies in the council’s past employment processes and we found out that only 500 of the 839 workers of the council were genuine staff members.”
Owolewa said N2.5 million was now saved monthly following the process embarked upon to regularise the pay system.
He noted that the council had embarked on the execution of some community-based projects with direct impact on the lives of the people in the area.
He listed some of the projects to include the rehabilitation of township roads, boreholes, culverts and drains to enhance human and vehicular movement.
He urged unemployed youths in the area to register with the council for an opportunity to get a job as the state government was in the process of employing no fewer than 800 youths.
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.
