Business
FG, Sokoto Spend N1.2bn On SDGs
Projects worth N1.2billion have been executed under the Sustainable Development Goals (SDGs) in six local government areas of Sokoto State, Governor Aminu Tambuwal has revealed.
The governor made the disclosure on Tuesday at the launch of distribution of materials, drugs and motorcycles under SDG/CGS 2015 local government track project, held at Kware local government area of the state.
According to him, the intervention comprises four sectors, namely: education, healthcare services, water supply and agriculture.
Tambuwal said that N200 million will be expended in each of the six benefiting local government areas of Kware, Wurno, Kebbe, Rabah, Isa and Shagari.
“The programme is being financed by the three tiers of government, where 50 per cent of the fund comes from the Federal Government, while the state and local governments contribute 30 per cent and 20.per cent respectively.
“Of the these figures, N414,963,614.50 is earmarked to support education activities in the state, while N106,489,673.00 will be expended through the provision of essential drugs, construction and renovation of primary health centres in the state.
“Similarly, the sum of265, 548.046 has been committed for the construction of motorized and solar boreholes across the six benefiting local government areas.
“On Agriculture, N30 million will be distributed as grant to agric cooperative societies, where one million naira will be given to each of the five cooperative societies in each of the benefiting Local Government Areas,” he said.
The governor further said that the state government will continue to meet its entire obligations to the citizens for effective management of development assistance to bring rapid growth to the teeming populace through partnership.
In his goodwill message, the Senior Special Assistant to the President on Sustainable Development Goals (SDGs), represented by Adesegun Ogunleye, said the programme was introduced to improve human development index in Nigeria.
According to him, it will also give states and local governments financial and technical support to ensure achievement of the set goals.
He commended the effort of state government on education, health care and community development.
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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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