Business
Institute Urges NLC To Improve On Workers’ Capacity, Education
The Michael Imoudu Na
tional Institute for Labour Studies (MINILS) has urged the Nigeria Labour Congress (NLC) to improve on the education and capacity of Nigerian workers.
The Director-General of the Institute, Dr John Olanrewaju, made the call at the ongoing 11th National Delegates Conference of the NLC on Tuesday in Abuja.
Olanrewaju said that building the capacity and education of workers would improve workers’ skill and thereby impact positively on service delivery as well as mobility in service and livelihood.
He said that workers education would guarantee worker’s rights and welfare, as well as the general development of the trade union system.
“Let me add that workers’ education will be increasingly decisive in the emerging scenario.
“Education will be a fault line, a functional necessity for workers’ effective participation in the competitive gobal economy” and basis for confronting the growing vulnerability.
“We, at the institute, are already strategising around these issues and will be glad to share our experiences. “
Olanrewaju said that the congress would need to lead a process aimed at more clearly defining the boundaries of trade unions, social and political intervention, in addition to setting standards for responsible unionsm.
The director-general pledged the institute’s support and partnership with NLC in sharing of the institute’s experiences, facilities and competencies in workers’ education.
He commended the outgoing NLC president and the entire leadership of the congress for the achievements recorded during their tenure.
In his goodwill message, Mr Williams Awinador-Kanyirige, the Ghana’s Permanent Representative to ECOWAS, commended the NLC for its fraternal support to labour in Ghana. Awinador-Kanyirige urged the NLC to deepen its strategy with its Ghananian counterpart in order to help reposition labour unions in West Africa Labour Unions.
“This way, we shall be promoting an “ECOWAS of people” in line with the vision of our leaders and aspiration of our people,” he added.
In his remark, Mr Richard Trumk, the President, American Federation of Labour and Congress of Industrial Organisations, commended the NLC for its ambitious agenda to address domestic and international issues.
He said that a vibrant labour movement was essential to ensure that government was responsive to the voices of Nigerian workers.
“We must continue to fight so that workers, regardless of their background, can exercise their fundamental rights of freedom of association and collective bargaining.
“We need to ensure that our youths have the same work and education opportunities as previous generations, he said.
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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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