Business
NPA Pensioners Hold Prayer Over Arrears
Some pensioners of Nigerian Ports Authority (NPA) converged at the organisation‘s staff club in Lagos to offer prayers for the success of the current management led by Ms Hadiza Usman.
The Tide source reports that the prayer session, which started around 10.00 a.m on Friday lasted for about 50 minutes and was led by both Islamic and Christian clerics.
The pensioners particularly prayed for good health of the managing director and God‘s guidance in her efforts to reform the organisation to its old glory.
They also prayed that God should provide the management with all the means to be able to pay their pension arrears and entitlements as promised by the managing director.
Speaking to our resource shortly after the prayers, the spokesman for the ‘Concerned NPA Pensioners, Mr Ayo Binitie, said the prayers were due to the new-found understanding between them and the management.
He said they had,on March 15, staged a protest at the headquarters of the organisation to demand for the payment of their 10-year pension increment arrears, but were impressed with the reception by the management.
Binitie said the sincerity of purpose of Usman and her promise to pay the arrears informed their decision to pray for the management and work with them to succeed.
“We staged the protest to ask for our entitlements in line with the constitution that pensions should be increased every five years; the normal arrears we have not been paid for 10 years.
“But interestingly enough, the management conceded to our request and they promised to take the appropriate action within three weeks.
“We believe this management, led by Usman, is showing some sincerity of purpose and that we need to support them and work with them to achieve their goals for the organisation.
“So, this prayer session is part of that show of support and we will continue to make ourselves available to the management for advice and inputs on how to move NPA forward,” he said.
Asked what the pensioners would do if the management failed to fulfill its promise to pay at the expiration of the three weeks, Binitie said it was not necessary to think otherwise.
He said he had no doubt that the management would honour the “gentleman’s agreement’’ it had with them and that all pensioners were anxiously waiting for that to happen.
Binitie commended Usman for the steps she had taken so far, saying it required a person of courage like her to clear the mess in the organisation.
“The port industry is our farmland and is also our cattle. If we must earn well and live well, we need to protect it.
“This is why we gathered here in the solemn assembly to pray for the leadership of this great country and the leadership of the port industry for divine protection,’’ he said.
Another pensioner, Mr Bode Akinbote, said that the prayers were to reciprocate the open hands with which the management received them.
He said the pensioners trusted the ability of Usman to deliver, adding that they would offer any form of support for her to succeed.
A retiree from the Marine Engineering Department of NPA, Mr Anthony Ukunebi urged the management to be focused in line with existing NPA regulations.
Ukunebi said that if management was not focused, it could lead to misappropriation of resources.
“When we were in operation before the concession, we had a lot of workforce, but activities of concessionaires had reduced the workforce in the marine department,’’ he said.
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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