Business
May Day: Sokoto NLC To Build 3,050 Houses For Workers
The Nigeria Labour Con
gress (NLC) in Sokoto State says it will build 3,050 housing units for civil servants in the state.
The Tide source reports that the state Chairman of the NLC, Mr Aminu Umar, disclosed this in Sokoto yesterday at the 2016 May Day Celebrations.
Umar, who was represented by his Deputy, Mr Abubakar Malami, said that the houses will be built in partnership with some private estate developers.
“So far, about 100 hectares of land had been acquired by the company on which the houses would be built including other facilities like clinic, mini market and schools, among others.
“Therefore, I will like to solicit for your continued cooperation in order to help us achieve the set goals of improving the welfare of workers,” Umar urged.
He commended the State Government for ensuring the regular payment of salary and the payment of arrears of gratuities to retired civil servants in the state.
The chairman extolled the existing cordial relationship between labour unions and the state government.
Umar further acknowledged the desire and commitment of the state government to improve the lot of the civil servants in the state.
However, he appealed to the state government to look into the plight of retired teachers and workers of local government councils, as well as salary disparity between secondary and primary school teachers.
Umar further urged the state government to implement consolidated salary for legislative staff, as well as introduce a special media salary scale, among other demands.
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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