Business
NGO Plans Cluster Industries In Opobo/Nkoro
A Non-Goovernmental Organisation (NGO), the Opobo Progressive Association (OPA), Ndoki, in Oyigb LGA of Rivers State has said that arrangements have been put in place to train and empower no fewer than 3,000 Opobo/Nkoro men, women and youths in various skills.
The group said it was partnering the Rivers State Skills Development Initiative, a state government enterprise that specialised in training and producing standard skilled persons to select its first batch of 3,000 beneficiaries for the cluster industries being established in all the communities in the local government areas.
The project consultant, Dr Heyford Patterson, who told The Tide that N80 million has been earmarked for the empowerment project, which would be officially flagged off in no distant time.
Patterson added, skill-up Nigeria project is an international franchise. It is a pure private sector-driven programme, but we are glad that the group saw what we are doing and invited us.
According to him, “we are setting up the companies in the local government areas and their communities in a cluster pattern, adding that from the 3,000 trainees we have from our partners, the Opobo Progressive Association and the Rivers State Government are going to divide them into groups of 10 (clusters) so that they manage the different companies we will site in the various local government areas.
He maintained that the Rivers State Skills Development Initiative produces the skilled trainees, while we absorb them. It is a grassroot project and it is not going to be business as usual where you see an individual given empowerment fund of N2 million.
He pointed out that, “this is a teamwork and that is why we want it in clusters”.
The Chairman of Opobo Progressive Association (OPA), Ndoki, Senibo Simeon Jack Tolofari, said the decision to use skilled labour in the empowerment programme could not be over-emphasised as skilled labour was key factor that drives industrialisation.
As he puts it, “so we are setting up skills development centres in all the local communities of Opobo/Nkoro. Each centre will be known for specific activity. This will be determined by the availability of raw material to the LGA”.
Tolofari added that, “if there is oil palm, raffia and so on in an area, we want them (beneficiaries) to apply their skills in such a way that they will begin to produce that product in a commercial quantity so that it will be said to serve for both local consumption and for export purposes”, he said.
Bethel Toby
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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