Business
Workers Allege Mass Sack In Exxon Mobil …As Firm Lays Off 190

L-R: Representative of the Chief of Air Staff, Air Commodore Hycenth Ezeh, President, National Association of Aircraft Pilots and Engineers (Naape), Mr Balami David, Chairman of the occasion, Capt. Bayo Araba and one of the lead discussants, Capt. Prex Porbeni, during an Aviation Stakeholders Forum in Lagos, yesterday
No fewer than 150 con
tract staff and 40 drivers have been laid off by the management of the Mobil Producing Nigeria (MPN), the operator of Nigerian National Petroleum Corporation, NNPC/MPN Joint Venture in Akwa Ibom State.
The affected staff alleged incessant sacking of staff by the management of the company and said the development had devastated staff and their families who depend on them for their livelihood.
According to one of the victims who identified himself as Mr Frank Etebong, though the company had effected payment of their entitlements, the incessant sacking of workers by the management was getting out of control.
Etebong said, if government does not take urgent step to check the incessant sacking of Nigerians in Exxon Mobil, one day the oil giant would disengage all the Nigerian citizens in the company.
He explained that though he had been paid, but that the money was not enough for him to start any good business.
Another victim equally urged stakeholders in the oil and gas sector to take decisive decision on the issue of casualisation noting that most of the oil firms were guilty of the offence.
The victim who pleaded anonymity explained that Nigeria had become a gold nurse for most of the foreigners who bring in their brothers and sisters to displace Nigerians from job positions which the indigenous workers could do far better than the expatriates.
“Upon this, they subject the Nigerian workers to casualisation. I think that this is slavery and I urged the government to stand up against this slavery for the interest of the nation, “ he stated.
Another victim who gave his name as Mr Martins Usendia said there was no justification for the sack of the workers, and lamented that the benefit given to him by the company could not feed him for months.
He called on the Federal Government to intervene, saying that the incessant dismissal of workers had an adverse effect on the economy.
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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