Business
Berger Paints’ Workers Continue Picketing Of Firm …As Negotiations End In Deadlock
Negotiations between the Chemical Workers’ Union and the management of Berger Paints Nigeria Plc, Ikeja have ended in a deadlock as workers vowed to continue with the picketing of the company which started four days ago.
The Tide gathered that leaders of the National Union of Chemical, Footwear, Rubber, Leather and Non-.Metallic Products Employees (NUCFRLNMPE), could not reach an agreement with the paint manufacturing company’s management over the picketing.
About 200 workers of Berger Paints on Monday began picketing their company over the failure of its management to keep to an agreement reached on the exit date, for the collection of gratuity.
The workers blocked the main entrance of the company’s head office in Ikeja to protest the removal of gratuity payment from its Conditions of cervice.
They carried placards with inscriptions such as, “the labour of our heroes past must not be in vain,” “Peter Iscariot must go,” “Peter the Pharaoh must be stopped,” and “We need decent jobs”.
General Secretary of the NUCFRLNMPE, Mr Dada Ahmed, told newsmen that the union and the management of Berger Paints could not reach an agreement over the ongoing picketing.
Ahmed said that the crisis started when the company’s Board of Directors expunged gratuity from its conditions of service, after both parties reached an agreement on the issue in April.
He said that the union met with the employers’ federation and all parties, including the company, agreed to give the union one-year, to enable it speak with members (the workers) and prepare them for the new policy.
“The issue is subject to collective bargaining and we all agreed. But suddenly, the company decided to stop the payment of gratuity, which is wrong,” the union scribe said.
He said that to resolve the issue, both parties met with the employers’ association for over seven hours on Wednesday and the latter advised the union to suspend the strike.
“We wrote an agreement that read that the protesting workers should not be victimised.
“The agreement also read that the `no work, no pay rule’ should not be applied, the workers should not be harassed, retrenched or victimised,” Ahmed said.
He said that the agreement further read that all issues should be resolved within two weeks and both parties should communicate back to the employers’ body.
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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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