Business
Automobile Mechanic Calls For Training Support
An automobile mechanic, at the Mile 3 mechanic village in Port Harcourt, Alhaji Babatunde Balogun has reiterated the need for training and support from both the government and the automobile operators in Rivers State.
Balogun made the call in a chat with The Tide, last Wednesday in Port Harcourt, noting that the appeal became necessary in the wake of continued modernisation of cars.
The automobile mechanic stated that the current range of cars being imported into the country are filted with innovative equipment which pose repairs challenges to the mechanic and cause them to spend longer periods fixing the simplest things in cars repair.
According to him,” our job as mechanics is becoming increasingly difficult as we are required to acquire new skills in modern car repairs as we are faced with complex cars.
“Now you have cars that give you directions as you drive, measure your speed levels and even tell you when you are home. You can even monitor your house from your car and all these are inneovations that require high-tech training in the automobile field.”
He observed that a lot of his neighbours in the mechanic village have closed shop due to their inability to keep up with the modern trend.
Balogun maintained that training of artisans will help to reduce the unemployment rate, while giving the consumers value for their money.
He called on the government to live up to its responsibilities towards the populace by securing better quality of life for the people.
Tonye Nria-Dappa
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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