Business
Financial Expert Supports Wike On BVN
Following the order of the Rivers State Governor, Barr. Nyesom Wike to the effect that without a Bank Verification Number, (BVN), workers in the state would not be paid, an economist, Mr. Uche Madu has thrown his weight behind the policy.
Madu, a financial analyst who spoke to The Tide yesterday in Port Harcourt explained that the move by Wike was in tandem with the present government’s efforts in the fight against corruption.
According to him, the move became necessary considering the fact that it would help in checking economic saboteurs in the system.
He said every account holder, especially those on government payroll would henceforth be known, even as he said it would help the process shield workers from being used unknowingly to perfect fraud.
Some workers who also spoke to The Tide on condition of anonymity said they had confidence in the order by the state’s Chief Executive.
According to them, with the dwindling economic situation in the country in general and the state in particular, they would stand by the governor in the fight against ghost workers in the state’s civil service system.