Business
Power Supply: Safety Engineers Urge Use Of Certified Professionals
The American Society of Safety Engineers, Nigeria Chapter (ASSE-NC), has called on the Federal Government to ensure only certified professionals were engaged in the power sector.
The association’s President, Mr Kamildeen Abiodun, told newsmen in Lagos that quacks could also cause the epileptic power supply currently experienced in the country.
Abiodun said there should be holistic overhaul of the sector if the President’s plan to improve power supply within a while was realistic.
Abiodun said there were associated risks inherent in providing steady power supply if substandard technicians and electrical fittings were installed in a plant.
“The power industry should return to colonial era when electrical installations were inspected to ensure compliance to standards before power was supplied.
“Even before meters are installed in homes, officials of power distribution companies need to inspect the quality of the wiring to ensure they meet standards.
“They are also to maintain routine check for any changes or modulation in a building.
“These are parts of control measures to check fire incidences,” he said.
Abiodun urged the Standards Organisation of Nigeria (SON) and the Nigeria Customs Service to ensure substandard electrical cables and appliances did not find their way into the country.
“This will ensure the security of government’s investment in the power sector and safety of lives,” he said.
He said that the Council for Regulation of Engineering in Nigeria (COREN) must ensure that electrical technicians were registered and retrained.
According to him, awareness and enlightenment should be made on the importance of using only certified professional technicians for all electrical fittings.
He urged the government to collaborate with relevant safety professionals for advisory role to support its plan for the power sector.
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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