Business
Rivers NUT Demands Prompt Payment Of Teachers …As National Body Issues Ultimatum
As teachers in Rivers
State joined their counterparts to mark this year’s World Teachers’ Day in the state on Wednesday, the Nigeria Union of Teachers’ (NUT) has bemoaned the plight of teachers’ in the state.
Speaking to The Tide, the state chairman of the union, Comrade Lucky Nkpogone, said that teachers were suffering not only in the state but in other parts of the country over lack of proper care for their welfare and salary payment.
Nkpogone called upon the state government to immediately commence the payment of salary arrears owed the teachers in the state to alleviate their suffering and the hardship members of the union are passing through.
He said that being a teacher was not a crime but that the value and prestige of teachers have been downgraded by those in authority, adding that it was high time teachers were accorded their rightful recognition in society.
He lamented that teachers despite being character molders through the impartation of knowledge have been neglected in the scheme of things even by those they trained and who found themselves in present day governance.
The NUT boss urged the state government to prioritise the welfare of teachers as a cardinal principle of governance in the state.
He said that teachers’ promotions for sometime in the state have been stunted and urged government to release the outstanding results of teacher’s promotion.
Nkpogone said that this year’s World Teachers Day in the state was marked in a low key due to challenges faced by teachers over lack of welfare, non-payment of salary, non release of the result of promotion interviews and lack of conducive environment for teachers in the state.
He reminded the government that teachers have families and wards in schools to be catered for but their wards are at home because no money.
Meanwhile, the National secretariat of the union in Lagos has issued two weeks ultimatum to the federal government to meet the union’s demands or face a nationwide strike by the union.
Speaking to newsmen in Abuja after the World Teachers’ Day, the National President of the union, Comrade Michael Olukoya said teachers’ are only paid in percentages, teachers’ are denied their gratuity, stressing that the country’s leaders must stop complaining, rather they should sit down, plan, call specialists in the education sector to address the problems of teachers.
Olukoya urged the federal government to involve the union and professional teachers in its planned recruitment of 500,000 teachers nationwide.
The theme of this year’s World Teachers’ Day celebration was “Valuing Teachers’, Improving their Status”.
Philip Okparaji
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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