Business
CSO Lauds BoPP On e-Procurement Technology
The Centre for Policy
Advocacy and Leadership Development (CPALD), a Civil Society Organisation (CSO), has commended the Bureau of Public Procurement (BPP) for introducing the electronic procurement (e-procurement) technology.
The centre’s Chairman, Board of Trustees, Mr. Olabode Omoluabi, made the commendation on Thursday in Abuja when he led a team on a courtescy visit to BPP.
He said that the technology, designed to help boost the procurement system, was a step in the right direction.
“We are aware that BPP is making some giant strides that will promote proper process of procurement through a database of all contracting organizations in Nigeria.
“This is a very good step as it represents the change agenda”, he said.
Omoluabi added that if government activities must be perfectly executed, the procurement process must be perfected.
He said that the CSO’s objective was to advocate for policies of government and its agencies that were in the interest of Nigerians.
“We seek to promote the good policies, believe in quality leadership and are keen in leadership recruitment of the country”.
The acting Director General of BPP, Mr. Ahmed Abdu, while responding said that BPP’s role was to ensure good, quality service was given to Nigerians.
“Public procurement is about good, quality service delivery which is about good governance and good governance is about good leadership”.
He said that the contribution of CSOs in Nigeria in ensuring due process had gone a long way to help ensure transparency in the procurement process.
He commended their contributions in implementing public procurement reforms.
Abdu noted that the e-procurement technology would help the procurement system to reduce human interface and eradicate corruption.
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.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports1 day agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports1 day agoFulham Manager Eager To Receive Iwobi, Others
-
Sports1 day agoAFCON: Lookman gives Nigeria third place
-
Editorial1 day agoBeyond Accessing Bonny By Road
-
Niger Delta1 day agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
-
News1 day agoSERAP Sues Govs, FCT Minister Over Security Vote Spending
-
Sports1 day ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Sports1 day agoMan of The Match award Excites Nwabali
