Business
NEPC, SURE-P Partner On Job Creation
The Nigerian Export Pro
motion Council (NEPC) in collaboration with the Subsidy Reinvestment Empowerment Programme (SURE-P), Graduate Internship Scheme (GIS) is in strategic partnership to implement skills acquisition programmes that would give fillip to the Federal Government’s Transformation Agenda of reducing unemployment and increasing job creation.
According to a statement obtained by our correspondent at the zonal office of the agency in Port Harcourt , the stage of the act was set at a signing of Memorandum of Undersanding (MoU) in Lagos recently where the two bodies agreed to build capacity, impart skills and create a pool of trained graduates who would become independent entrepreneurs.
In addressing the subject the statement explained that in respect to job creation, NEPC would integrate GIS with its Youth Empowerment Export Skills Acquisition Programme (YEESAP) through grooming of interns on export matters.
The statement said this process would be done with before deploying them to export manufacturing companies to work for at least one year, drawing reasonable stipends as salaries paid by SURE-P.
At the forum which was addressed by the Executive Director / CEO of NEPC, Mr Olusegun Awolowo, he underlined that the objective of YEESAP was to strengthen the efforts of SURE-P-GIS in realisation of one of the Federal Government’s objective in the Transformation Agenda of wealth creation.
He said the programme would surely revitalise the non-oil export sector of the nations economy thereby creating and increasing its contribution to the Gross domestic Product ( GDP).
“The overall objective of intergrating the GIS in the development of non-oil export is to ensure that youths are adequately equipped to manage export-oriented businesses to sustain themselves”, he said.
Also speaking, the Director / Coordinaor of GIS Mr Peter Papka explained that the collaborative initiative to engage the youth was an effort at encouraging government to government partnership.
He said a good example of public private partnership was the key mandate of SURE-P even as he described the title of the forum “intergration of GIS in Non –Oil Export Development, as timely.
The forum according to the statement was attended by stakeholders from relevant MDAs, parastatals, the organised private sector (OPS) and captains of industry especially those from the Export Manufacturing Companies who would eventually employ the interns.
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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