Business
Jigawa Empowers 50,100 Youths In Two Years
The Jigawa State Government says it has empowered no fewer than 50,100 youths, including women and persons with disabilities in the areas of income generating trades in the last two years.
Governor Muhammad Badaru, who made this disclosure, recently while speaking at the 2017 Democracy Day in Dutse, said that the beneficiaries were trained and empowered in various income-generating trades.
Badaru said that creating opportunities for self-actualisation through targeted empowerment programmes formed the cardinal objectives of the sustainable growth and development agenda of his administration.
He noted that his effort was an improvement on the previous administration’s approach to economic empowerment, which was largely based on stereotyped skills with no viability or sustainability.
The governor said that the previous administration, had budgeted huge sums of money annually for equipment and working capital with less emphasis on monitoring and evaluation to ensure continuity.
According to him, his administration adopted a demand-driven approach with an assessment team deployed to every local government area to identify specific trade and enterprise gaps.
He said the intention was to fill such gaps in a profitable and sustainable way by matching each intervention with the gap identified.
Badaru said that a standing steering committee he headed, was meeting monthly to assess progress or otherwise of each empowerment programme on a zonal level and make adjustment where necessary.
He said that every intervention was appraised from a business perspective and loans and capital guaranteed in full before disbursement.
According to him, the intention is to create revolving fund that is only augmented by government for scale-up and expansion.
Other targeted empowerment programmes funded in the period under review were the sesame production, an internship programme and goat breeding programme for indigent widows.
“So far, over 50,100 youths, women and people with disabilities have benefited from the various empowerment programmes initiated by the state government in the last two years.
Business
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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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