Business
‘Lack Of Visionary Leadership, Bane Of Dev’
An author and em
powerment consultant, Mr Ayo Emakhiomhe, has lamented that lack of visionary leadership is a major setback to the development of the country.
Emakhiomhe who spoke to reporters after the launch of his book in Lagos said that a leader must be visionary to be able to perform well.
‘’The book is entitled, ‘’ From Employment to Empowerment’’.
According to him, Nigeria’s challenge is not bad leadership, bad employers or lack of infrastructure but the lack of visionary leaders.
He said that it was only when a leader or a person was empowered that the person would perform well on any leadership position or job.
The author said that the book provided essential insights on how to be empowered for leadership, advising the populace to make out time to acquire skills and additional knowledge to be assets to the nation.
‘’ A leader or person who wants to be empowered must have vision, do a self-appraisal, plan and implement, carry out a reflective life management and have legacy,’’ he said.
Emakhiomhe said that if a leader empowered himself, if students, employees or employers empowered themselves, the nation would be better.
‘’These efforts will help to create more employment opportunities and alleviate poverty in the country,’’ he said.
The reviewer of the book, Mr Victor Akinyemi, described the book as a wake-up call for people to be better informed on how to move forward in life.
Akinyemi said that the book provided advice on the need to cut down cost, expenses as well as save fund so as to prepare to be empowered.
‘’The book tells about life as an employee and how a job helps to meet the needs of a person. But it expresses worry that the job will not always be there.
‘’The book teaches a worker how to ensure that the person lives a realistic life that is well empowered. It stresses the need to be well informed and knowledgeable,’’ the reviewer said.
He urged employees to develop themselves through training beyond what they had when they came into the job.
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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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