Business
AON Tasks Buhari On Aviation Sector Dev
A group, the Airline Op
erators of Nigeria (AON), has urged the president-elect, Major-General Muhammadu Buhari to look into the areas of creating jobs for Nigerian youths in the aviation industry.
The executive chairman of AON, Mr. Nogie Meggison, who made the plea while interacting with journalists in Lagos advised the incoming administration to lay down a strong policy that wold enhance development of the sector.
“We must not hesitate to add that the task of rebuilding the aviation/airline setor must remain on course.
“This should be in the light of many issues that domestic operators have consistently put on the front burner for government’s attention”, he said.
According to him, there is need for aircraft maintenance hangar in the country.
Meggison said that the president-elect should also look into the “skyrocketing price of aviation fuel, and multiple tax regime by aviation authorities on domestic carriers.
He said that Buhari should similarly look into the removal of value added tax (VAT) on air transportation and other modes of transportation by foreign airlines operating in and out of Nigeria.
The leader of the operators said that there should also be improvement in service delivery by aeronautical agencies in the country.
He said that the incoming administration should guarantee the operators’ access to a single digit interest on loan from financial institutions and engagement of more Nigerian pilots/engineers by foreign carriers.
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.
