Business
AUPCTRE Tasks FG On Workers’ Promotion Arrears
The Amalgamated Union of Public Corporations, Technical and Recreational Employees (AUPCTRE), has appealed to the Federal Government to expedite action on the payment of promotion arrears to the federal public servants.
The AUPCTRE Chairman, Federal Capital Territory Chapter, Mr Benjamin Anthony made the appeal in a statement issued in Abuja, last Wednesday.
Anthony said, “The payment will go a long in alleviating the pains of the workers in view of the current economic crunch.’’
He commended the Federal Government for the approval of N44 billion for the payment of backlog of promotion arrears, salary shortfalls and other claims owed the federal public servants since year 2012.
According to him, the present administration deserved a special commendation for the giant stride that will encourage workers to put in their best for the country’s development.
Anthony said that this was in spite of the current economic challenges facing the country.
He also urged AUPCTRE leaders in the Ministries, Departments and Agencies (MDAs) to ensure strict compliance and implementation of proper placement of salary steps of workers.
The AUPCTRE chairman said that a circular from the Office of the Head of Civil Service of the Federation dated July 14, 2014 marked “HCSF/CSO/HRM/POL.1402/1/25’’ had directed the implementation.
He said that the circular was, however, not being implemented by many MDAs as directed by the government.
Anthony said the union observed with dismay that many organisations claimed ignorance of the circular and in the process wrongly placed their workers on salary steps during promotion.
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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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