Business
NLC Decries Poor Condition Of Retired Civil Servants
President of the Nigeria
Labour Congress (NLC), Mr Abdulwahed Omar, on Monday in Jalingo, the Taraba State capital, decried the poor living condition of retired civil servants in the country.
Represented by Mr. Emmanuel Ugboaja, Head, Industrial Relations, NLC, Omar, said this at the foundation laying of 1,000 units of houses being built by the Taraba State chapter of the union.
Omar said in many instances, retired civil servants had to resort to “squatting’ with their relatives after years of service to their fatherland.”
He added, “Nigerian workers have been victimised over the years by existing governments. It is sad to see someone who puts in 35 years in service to the nation, looking for relatives in his village to squat with on his retirement. This is not fair.”
Omar advised civil servants to take their destinies in their own hands by subscribing to the housing fund to own their houses.
He commended Taraba State NLC for being one of the few states in the country to take steps towards addressing the housing needs of workers.
The state Acting Governor, Alhaji Garba Umar, said the state government would provide the necessary infrastructure such as roads, electricity and water to the housing units.
Business
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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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