Business
Minimum Wage: Rivers Workers Laud Wike
Governor Nyesom
Wike has been lauded for his decision not to slash the N18,000.00 minimum wage of workers in Rivers State.
Some civil servants who spoke with The Tide on Friday in Port Harcourt, said the governor’s decision was a strong indication of his disposition towards workers welfare.
Mrs Roseline Omah, noted that Wike had so far proved that he was on board to alleviate the suffering of the common people.
According to her, reduction of the N18,000 wage would have been a big blow considering the rate of hardship in the country.
Omah, said workers in the state had over the years waited for better working conditions, expressing hope that Wike would redeem workers’ image in the state.
In his view, Mr George Ikiri, said the governor’s pronouncement not to reduce the N18,000.00 minimum wage was inline with the best international labour practice.
He said globally, workers were given the best attention, saying efforts must be made by various governments in the country to increase the minimum wage from N18,000.00to N30,000.00.
Ikiri maintained that the state’s Chief Executive has, to some reasonable extent shown his avowed concern for civil servants in the state.
Also speaking, Mr Charles Igwe, regretted that some state governors subscribed to the N18,000.00 minimum wage reduction.
He explained that civil servants were the poorest paid workers in the country, wondering how any reasonable government would think of reducing their pay.
Another respondent, Mrs Ihuoma Amos, who expressed joy over the governor’s decision, said it was not only timely, but had also put smiles on the face of workers in the state.
She pointed out that the statement would spur workers to action, while promising to do her best towards the improvement of her input to work.
It would be recalled that the Nigerian Governors Forum had recently proposed a slash in the N18,000.00 national minimum Wage to enable the States cope with workers’ salary payments following dwindling statutory allocations from the federation account.
Business
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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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